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Horizon Reclaim (India) IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details
Horizon Reclaim (India) Limited Day Wise IPO GMP Trend
| GMP Date | Issue Price | Expected Listing Price | GMP | Last Updated |
|---|---|---|---|---|
| June 09, 2026 | ₹ 103 | ₹ 139 | ₹36(35.0%) | 16 June 2026; 08:58 AM |
| June 09, 2026 | ₹ 103 | ₹ 103 | ₹0(0.0%) | 09 June 2026; 12:05 PM |
Horizon Reclaim (India) Limited IPO GMP
Horizon Reclaim (India) Limited is operates within the waste tyre recycling, reclaimed rubber, recovered carbon black, and tyre pyrolysis industry. The sector benefits from increasing environmental regulations, stricter waste management norms, rising focus on circular economy initiatives, and growing demand for recycled industrial raw materials.
Horizon Reclaim (India) Limited a Book Build Issue, amounting to ₹54.27 Crore, consisting entirely a fresh issue of 0.53 crore shares aggregating to ₹54.27 crore. The subscription period for the Horizon Reclaim (India) Limited IPO opens on June 12, 2026, and close on June 16, 2026. The allotment is expected to be finalized on or about 17 June, 2026, Wednesday, and the shares will be listed on the BSE SME with a tentative listing date set on or about Friday, June 19, 2026.
The Share Price Band of Horizon Reclaim (India) Limited IPO is set at ₹98 to ₹103 per equity share. The Market Capitalisation of the Horizon Reclaim (India) Limited at IPO price of ₹103 per equity share will be ₹ 201.01 Crore. The lot size of the IPO is 1,200 shares. Retail investors are required to invest a minimum of ₹ 2,47,200, 2 lots ( 2,400 Shares), while the minimum investment for High-Net-Worth Individuals (HNIs) is 3 lots ( 3,600 shares), amounting to ₹ 3,70,800.
GYR CAPITAL ADVISORS PRIVATE Limited is the book running lead manager of the Horizon Reclaim (India) Limited Ltd. while KFIN TECHNOLOGIES Limited is the registrar for the issue. The Market Maker of the company is Giriraj Stock Broking Pvt.Ltd.
Horizon Reclaim (India) Limited IPO GMP Today
The Grey Market Premium of Horizon Reclaim (India) Limited IPO is expected to be ₹ 36 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.
Horizon Reclaim (India) Limited IPO Live Subscription Status Today: Real-Time Update
The subscription period for the Horizon Reclaim (India) Limited IPO opens on June 15, 2026.
Horizon Reclaim (India) Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Horizon Reclaim (India) Limited IPO allotment date is 17 June, 2026, Monday,
Horizon Reclaim (India) Limited IPO Allotment will be out on 17 June, 2026, Wednesday, and will be live on Registrar Website from the allotment date.
Check KFIN TECHNOLOGIES Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Horizon Reclaim (India) Limited IPO from the dropdown list of IPO
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.
Objectives of Horizon Reclaim (India) Limited IPO
Horizon Reclaim (India) Limited to utilise the Net Proceeds towards the following objects:
1. ₹600 Lakhs is Funding the working capital requirements of our Company;
2. ₹2670 Lakhs is Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by our Company;
3. ₹943 Lakhs is Funding Capital Expenditure for the installation of additional Plant & Machinery;
4. General Corporate Purposes.
Refer to Horizon Reclaim (India) Limited RHP for more details about the Company.