Horizon Reclaim (India) IPO 2026: Leading Recycled Rubber Manufacturer Opens New Growth Avenue for Investors
Horizon Reclaim (India) IPO has attracted considerable attention from investors looking to...
Read ArticleHorizon Reclaim (India) IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
| IPO Open Date | 11 June 2026 | IPO Close Date | 15 June 2026 |
|---|---|---|---|
| Basis of Allotment | TBA | Listing Date | 18 June 2026 |
| Price Band | ₹98 - ₹103 per share | Face Value | ₹10 per share |
| Market Lot Size | 1200 Shares | Min Investment (Retail) | ₹2,47,200 |
| Total Issue Size | ₹103 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 11 June 2026 | Confirmed |
| IPO Close Date | 15 June 2026 | Confirmed |
| Basis of Allotment | TBA | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 18 June 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 2,400 Shares | ₹2,47,200 |
| Retail (Max) | 2 Lots | 2,400 Shares | ₹2,47,200 |
| S-HNI (Min) | 3 Lots | 3,600 Shares | ₹3,70,800 |
| S-HNI (Max) | 8 Lots | 9,600 Shares | ₹9,88,800 |
| B-HNI (Min) | 9 Lots | 10,800 Shares | ₹11,12,400 |
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 15 Jun 2026 | ₹57 | ₹160.00 | +55.34% |
| 12 Jun 2026 | ₹50 | ₹153.00 | +48.54% |
| Investor Category | Share Offered | Shares (%) |
|---|---|---|
| Anchor Investor | 15,01,200 Shares | 28.49% |
| QIB (Ex. Anchor) | 10,00,800 Shares | 18.99% |
| NII Shares Offered | 7,51,200 Shares | 14.26% |
| Retail Shares Offered | 17,52,000 Shares | 33.25% |
Horizon Reclaim IPO has allotted a portion of the issue to anchor investors ahead of the public subscription. The anchor book opened on June 11, 2026, with shares allocated to eligible institutional investors subject to the prescribed lock-in periods.
| Particulars | Details |
|---|---|
| Anchor Bidding Date | June 11, 2026 |
| Shares Offered | 15,01,200 Shares |
| Anchor Size | ₹15.46 Cr. |
| Lock-in Period End Date (50% Shares - 30 Days) | July 17, 2026 |
| Lock-in Period End Date (Remaining 50% Shares - 90 Days) | September 15, 2026 |
| Particular | Dates |
|---|---|
| IPO Open Date | 12 Jun 2026 |
| IPO Close Date | 16 Jun 2026 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 19 Jun 2026 |
Note: The timeline for ಹಾರಿಜಾನ್ ರಿಕ್ಲೈಮ್ (ಭಾರತ) IPO is tentative and subject to change.
The promoters of Horizon Reclaim are Mohit Bajaj and Malika Bajaj. The table below highlights the promoter shareholding before and after the IPO issue.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,42,46,200 | 95.84% |
| Promoter Holding Post Issue | 1,95,15,400 | -% |
To Be Updated Soon
Horizon Reclaim (India) Ltd, founded in 2006, is one of the leading manufacturers of reclaimed rubber. It is recycled rubber made from used rubber material such as old tyres, rubber tubes, tread peelings, and industrial scrap.
Its product portfolio includes 1) Natural Rubber Reclaim, which is used in footwear soles, floor mats, tyre base layers, and moulded rubber products. 2) Synthetic Rubber Reclaim, used in automotive seals, hoses, gaskets, and construction profiles, and 3) Crumb Rubber, used in road construction, sports surfaces, and roofing sheets. Its operations mostly run on a B2B model, serving small and medium enterprises and industrial customers. Moreover, its products can also be available in different grades as per the client’s requirements.
To Be Updated Soon
To Be Updated Soon
To Be Updated Soon
Horizon Reclaim (India) IPO opens for subscription on 11 June 2026 and closes on 15 June 2026.
The price band for Horizon Reclaim (India) IPO is set at ₹98.00 to ₹103.00 per share.
The minimum market lot size is 1200 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 2,400 Shares (₹2,47,200).
The latest Grey Market Premium (GMP) for Horizon Reclaim (India) IPO is ₹48.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Horizon Reclaim (India) IPO is tentatively scheduled for TBA, and shares are expected to list on the stock exchanges on 18 June 2026.
The registrar details will be confirmed in the official prospectus.