Horizon Reclaim (India) SME IPO Details, Financials, Valuation & Peers
Explore Horizon Reclaim (India) SME IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Horizon Reclaim (India) Ltd. specializes in the conversion of discarded rubber waste into value-added reclaimed rubber products.
Core Business: The company's core business revolves around transforming waste rubber materials, including worn-out tyres, inner tubes, tread scraps, and industrial rubber residues, into eco-friendly rubber compounds for industrial applications.
Main Products/Services: Horizon Reclaim offers a diverse product range:
- Natural Rubber Reclaim: Manufactured from recycled tyre casings and tubes.
- Synthetic Rubber Reclaim: Includes reclaimed EPDM and Butyl rubber grades.
- Crumb Rubber: Derived from processed scrap tyres.
Industry Focus: The company primarily serves industrial and commercial customers, supplying its products to small and medium-sized enterprises (SMEs) across northwestern India.
Key Highlights:
- Utilizes various discarded rubber waste materials.
- Manufactures eco-friendly rubber compounds.
- Offers Natural Rubber Reclaim for footwear, mats, and molded goods.
- Produces Synthetic Rubber Reclaim (EPDM and Butyl) for automotive and construction sectors.
- Provides Crumb Rubber in multiple specifications for infrastructure and recreational projects.
Objects of the Issue
- 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
- Total
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 12 Jun - 16 Jun 2026 |
| IPO Price Band | ₹98 - ₹103 per share |
| Fresh Issue | ₹51.55 crore |
| Offer For Sale | NIL |
| Total IPO Size | ₹54.27 crore |
| Face Value | ₹10 |
| Listing On | BSE SME |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 12 Jun 2026 |
| IPO Closing Date | 16 Jun 2026 |
| Basis Of Allotment | 17 Jun 2026 |
| Refunds | 18 Jun 2026 |
| Demat Transfer | 18 Jun 2026 |
| IPO Listing Date | 19 Jun 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Assets | 8.45 | 26.08 | 64.88 |
| Total Income | 20.44 | 36.39 | 50.01 |
| Profit After Tax | 0.71 | 7.07 | 10.50 |
| EBITDA | 1.17 | 10.46 | 16.32 |
| NET Worth | 7.26 | 14.33 | 24.83 |
| Reserves and Surplus | 6.51 | 0.08 | 10.58 |
| Total Borrowing | 10.03 | 35.76 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Horizon Reclaim (India) Ltd. | 13.98 | 7.37 | 42.29% | 17.43 |
| Grp Ltd | 282.83 | 6.04 | 1.81% | |
| Tinna Rubber And Infrastructure Ltd | 26.5 | 29.67 | 17.59% | |
| Lead Reclaim and Rubber Products Limited | 19.04 | 4.73 | 10.27% | 27.96 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | 25,02,000 |
| Non-Institutional Investor (NII/HNI) | 7,51,200 |
| Retail Individual Investor (RII) | 17,52,000 |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 186.72 |
| Non-Institutional Investor (NII/HNI) | 450.74 |
| Retail Individual Investor (RII) | 308.3 |
| Total | 304.11 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Lead Managers
- 1GYR Capital Advisors Pvt.Ltd.
Company Address
Horizon Reclaim (India) Ltd.Khasra no. 9,
Dehradun Road, Near Nirankari Bhawan
Village - Kumar Hera,
Saharanpur, – 247001https://horizonreclaim.com/+91 8171000900cs@horizonreclaim.com
FAQs
- What is the issue size of the Horizon Reclaim (India) SME IPO?The Horizon Reclaim (India) SME IPO has an issue size of ₹54.27 crore. This includes a fresh issue of ₹51.55 crore and an offer for sale (OFS) of NIL.
- What is the price band of the Horizon Reclaim (India) IPO?The price band for the Horizon Reclaim (India) IPO is ₹98 - ₹103 per share.
- What are the bidding dates for the Horizon Reclaim (India) IPO?The Horizon Reclaim (India) IPO will open for bidding on 12 Jun 2026 and close on 16 Jun 2026.
- What is the allotment date for the Horizon Reclaim (India) IPO?The allotment date for the Horizon Reclaim (India) IPO is 17 Jun 2026.
- What is the minimum lot size and investment required for the Horizon Reclaim (India) IPO?The minimum lot size for the Horizon Reclaim (India) IPO is 1200 shares and the minimum investment required is ₹1,23,600.
- What is the listing date for the Horizon Reclaim (India) IPO?The listing date for the Horizon Reclaim (India) IPO is 19 Jun 2026.
- What is the Horizon Reclaim (India) IPO grey market premium?The grey market premium (GMP) for the Horizon Reclaim (India) IPO is currently at ₹75, with an expected listing gain of approximately 72.82%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.