Minimum Investment
About Company
Company Name: Horizon Reclaim (India) Limited
Industry / Sector: Rubber Recycling / Reclaimed Rubber
Founded Year: 2006
Promoters: Mohit Bajaj, Malika Bajaj
Horizon Reclaim (India) Ltd. is engaged in the manufacturing of reclaimed rubber derived from used tyres, tubes, tread peelings, and industrial scrap. The company produces Natural Rubber Reclaim, Synthetic Rubber Reclaim (EPDM & Butyl), and Crumb Rubber. It operates on a B2B model primarily serving SMEs and industrial customers in the northwestern region of India.
IPO Basic Details
| Company Name | Horizon Reclaim (India) Limited |
| IPO Type | SME IPO |
| Price Band | ₹98 – ₹103 |
| Lot Size | 1200 |
| Total Issue Size | ₹54.27 Cr (52,69,200 shares) |
IPO Strengths & Risks
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
Risks
- Highly competitive and fragmented reclaimed rubber industry
- Raw material availability and price volatility
- Sustainability of high growth and margins
IPO Important Dates
| IPO Open Date | 12 Jun 2026 |
| IPO Close Date | 16 Jun 2026 |
| Basis of Allotment | 17 Jun 2026 |
| Refund Initiation | 18 Jun 2026 |
| Demat Credit Date | 18 Jun 2026 |
| Listing Date | 19 Jun 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – Balance amount
Investor Reservation
| QIB Quota | 49.99% |
| Retail Quota | 35.00% |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 lots | 2400 | ₹2,47,200 |
| Retail Maximum | - | - | - |
| S-HNI Minimum | 3 lots | 3600 | ₹3,70,800 |
| S-HNI Maximum | - | - | - |
| B-HNI Minimum | 9 lots | 10800 | ₹11,12,400 |
Key Performance Indicators (KPI)
| ROE | 53.63% (Mar 31, 2026) |
| ROCE | 25.45% (Mar 31, 2026) |
| RoNW | - |
| PAT Margin | 21.25% (Mar 31, 2026) |
| EBITDA Margin | 32.64% (Mar 31, 2026) |
| EPS | - |
| NAV per share | - |
| Debt to Equity | 1.44 |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| 31 Mar 2026 | 64.88 Cr | 50.01 Cr | 10.50 Cr | 16.32 Cr | 24.83 Cr | 35.76 Cr |
| 31 Mar 2025 | 26.08 Cr | 36.39 Cr | 7.07 Cr | 10.46 Cr | 14.33 Cr | 10.03 Cr |
| 31 Mar 2024 | 8.45 Cr | 20.44 Cr | 0.71 Cr | 1.17 Cr | 7.26 Cr | N/A |
Grey Market Premium
| GMP Price | N/A (pre-listing) |
| Kostak Rate | N/A |
| Subject to Sauda | N/A |
| Last Updated | Jun 2026 |
| Estimated Listing Price | N/A |
IPO Subscription Data
| Total Subscription | Pending (IPO opens 12 Jun 2026) |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: Kfin Technologies Ltd.
Registrar Website: https://ipostatus.kfintech.com/
IPO Lead Manager(s)
Company Information
Address: Khasra no. 9, Dehradun Road, Near Nirankari Bhawan, Village - Kumar Hera, Saharanpur, Uttar Pradesh - 247001
Website: https://horizonreclaim.com/
Email: cs@horizonreclaim.com
Phone: +91 8171000900
IPO Documents
Frequently Asked Questions (FAQ)
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