Horizon Reclaim (India) Limited IPO Details

Factual IPO information from public filings. Not investment advice.

Issue Details

Price Band: ₹98 – ₹103
Lot Size: 1,200 shares
Min. Investment: ₹1,23,600
Total Issue Size: ₹54.27 Cr; 52,69,200 shares
Fresh Issue: ₹54.27 Cr; 52,69,200 shares
Offer for Sale: ₹0 Cr
Face Value: ₹10 per share
Issue Type: Book-built IPO
Listing At: BSE SME
Shares Pre-Issue: 1,42,46,200
Shares Post-Issue: 1,95,15,400

Lot Size & Investment

1 lot = 1,200 shares

Retail (min)

2 lots · 2,400 shares

Retail (max)

2 lots · 2,400 shares

S-HNI (min)

3 lots · 3,600 shares

Application	Lots	Shares	Amount
Retail	2	2,400	₹2,47,200
Small HNI (S-HNI)	3	3,600	₹3,70,800
Big HNI (B-HNI)	9	10,800	₹11,12,400

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
Period	Mar-26	Mar-25	Mar-24
Assets	64.88	26.08	8.45
Total Income	50.01	36.39	20.44
Profit After Tax	10.5	7.07	0.71
EBITDA	16.32	10.46	1.17
Net Worth	24.83	14.33	7.26
Reserves & Surplus	10.58	0.08	6.51
Total Borrowing	35.76	10.03	—

Key Performance Indicators

Key performance indicators
Period	Mar-26
ROE (%)	53.63
ROCE (%)	25.45
EPS (₹)	7.37
P/E (pre-issue)	13.97
P/E (post-issue)	19.14

About Horizon Reclaim (India) Limited

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