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Open
12 Jun 2026
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Close
16 Jun 2026
3
Allotment
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Listing
Fri, Jun 19, 2026
Price Band
₹98 to ₹103
Issue Size
52,69,200 shares (agg. up to ₹54 Cr)
Lot Size
1,200 Shares
Listing Date
Fri, Jun 19, 2026
Latest GMP
₹75
Est. Gain
72.82%
✦ AI Insight
GMP Trend
19-06-2026₹75Est. ₹178+72.82%
18-06-2026₹75Est. ₹178+72.82%
17-06-2026₹54Est. ₹157+52.43%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 211.52x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 64.88 | 26.08 | 8.45 |
| Total Income | 50.01 | 36.39 | 20.44 |
| Profit After Tax | 10.50 | 7.07 | 0.71 |
| EBITDA | 16.32 | 10.46 | 1.17 |
| NET Worth | 24.83 | 14.33 | 7.26 |
| Reserves and Surplus | 10.58 | 0.08 | 6.51 |
| Total Borrowing | 35.76 | 10.03 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Defrail Technologies Ltd. | SME | ₹13.77 Cr | ₹74 | 11.18 | ₹90.25 | +21.96% | ₹70.10 (+0.13%) |
| Ameenji Rubber Ltd. | SME | ₹30.00 Cr | ₹100 | 10.31 | ₹106.05 | +6.05% | ₹138.00 (-1.43%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of our Company | 6.00 |
| 2 | Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by our Company | 26.70 |
| 3 | Funding Capital Expenditure for the installation of additional Plant & Machinery | 9.43 |
| 4 | General Corporate Purposes | 7.80 |
| 5 | Issue expenses | 4.34 |
| Total | 54.27 |
About Horizon Reclaim (India) IPO
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. Product Portfolio: Natural Rubber Reclaim, made from tyre casings and tubes and used in footwear soles, floor mats, tyre base layers, and moulded rubber products. Synthetic Rubber Reclaim, including EPDM and Butyl rubber used in automotive seals, hoses, gaskets, and construction profiles Crumb Rubber, produced from recycled tyres and used in road construction, sports surfaces, and roofing sheets. Products are available in different grades based on customer requirements. The company sales are primarily business-to-business, targeting small and medium enterprises and industrial customers mainly in the northwestern region of India. Competitive Strengths: In-house manufacturing facility supported by technology driven process Diversified Customer Base and Long-Standing Customer Relationships Experienced Promoter Directors with Strong Industry Expertise Stringent Quality Control Ensuring Standardized Product Quality + Read More
Contact Details
Horizon Reclaim (India) Ltd. AddressKhasra no.9Dehradun Road, Near Nirankari BhawanVillage-Kumar HeraSaharanpur, Uttar Pradesh, 247001+91 8171000900cs@horizonreclaim.comVisit Website