Minimum Investment
₹123,600
Price Range
₹98 to ₹103
Lot Size
1200 shares
Issue Size
₹54 Cr
About the Company
Incorporated in 2006, Horizon Reclaim (India) Ltd. is engaged in the manufacturing of reclaimed rubber, which is recycled rubber derived from used rubber materials such as old tyres, rubber tubes, tread peelings, and industrial scrap.
Bookbuilding IPO
IPO Objectives
- Funding the working capital requirements of our Company Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by our Company
- Funding Capital Expenditure for the installation of additional Plant & Machinery
- General Corporate Purposes
Important Dates
| Bid/Offer Opens On | 12-06-2026 |
| Bid/Offer Closes On | 16-06-2026 |
| Finalisation of Basis of Allotment | 17-06-2026 |
| Initiation of Refunds | 18-06-2026 |
| Credit of Shares to Demat | 18-06-2026 |
| IPO Listing Date | 19-06-2026 |
IPO Subscription Status
| Category | Offered Shares | Applied Shares | Times |
|---|---|---|---|
| QIB | 1,000,800 | 82,800 | 0.08x |
| NII | 751,200 | 105,217,200 | 140.07x |
| NII ( >10 lakh) | 500,400 | 72,211,200 | 144.31x |
| NII ( <10 lakh) | 250,800 | 33,006,000 | 131.60x |
| Retail | 1,752,000 | 158,371,200 | 90.39x |
| Total | 3,504,000 | 263,671,200 | 75.25x |
Grey Market Premium (GMP)
₹63.00
per share
Registrar
Kfin Technologies Ltd.
Lead Managers
- GYR Capital Advisors Pvt.Ltd.
Company Promoters
- Mohit Bajaj and Malika Bajaj\r\n
