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Horizon Reclaim (India) Ltd. IPO
IPO Timeline
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12 Jun 2026Bidding Starts
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16 Jun 2026Bidding Ends
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17 Jun 2026Allotment Finalization
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19 Jun 2026Listing
About Horizon Reclaim (India) Ltd.
Our Company 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, including Ethylene Propylene Diene Monomer (EPDM), a synthetic rubber known for its excellent resistance to heat. Reclaimed rubber serves as a cost-effective and environmental friendly alternative to natural and synthetic rubber and is widely used in the manufacture of various rubber-based products.
We offer reclaimed rubber in three main categories: (i) Natural Rubber Reclaim, produced from rubber tyre casings and tube commonly used in footwear soles, floor mats, tyre base layers, and moulded rubber products, (ii) Synthetic Rubber Reclaim, which includes EPDM and Butyl Reclaim Rubber suitable for applications requiring resistance to oil, heat, and weather, such as automotive seals, hoses, gaskets, and construction profiles and (iii) Crumb rubber made from recycle tyres and used in road construction, sport surfaces and construction materials like roofing sheets. Products are supplied in different grades depending on customer requirements.
To manufacture reclaimed rubber, we rely on a steady supply of used rubber materials, sourced both domestically and through imports. Domestic sourcing is carried out through tyre dismantlers, waste collectors, and scrap dealers across various states in India. The principal raw materials include whole tyres (radial and tubeless), scrap tubes, scrap butyl tubes, scrap natural tubes, and other rubber scrap. By Sourcing from multiple locations, we ensure regular availability of raw materials and supports uninterrupted production.
Horizon Reclaim (India) Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 15,01,200 (28.49%) |
| Market Makers | 2,64,000 (5.01%) |
| Non Institutional Investors | 7,51,200 (14.26%) |
| Qualified Institutional Buyers (QIBs) | 10,00,800 (18.99%) |
| Retail Individual Investors (RIIs) | 17,52,000 (33.25%) |
Horizon Reclaim (India) Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2026 | 50.01 Cr | 10.50 Cr | 10.58 Cr |
| 31 Mar 2025 | 36.39 Cr | 7.07 Cr | 8.19 Lakh |
| 31 Mar 2024 | 20.44 Cr | 71.14 Lakh | 6.51 Cr |
Horizon Reclaim (India) Ltd. Background
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2006Our Company was incorporated as a Private Limited Company on August 21, 2006 under the name and style of ‘Horizon Reclaim (India) Private Limited’.
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2023Obtained registration from the Central Pollution Control Board (CPCB) as a Recycler for recycling of waste tyres under the Hazardous and Other Wastes (Management and Transboundary Movement) Amendment Rules, 2022.
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2024We were registered as a Producer - Imports of Waste Tyres with CPCB for Extended Producer Responsibility - Obligation under Hazardous and Other Wastes (Management and Transboundary Movement) Amendment Rules, 2022)
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2025Conversion of our company from Private Limited Company to Public Limited Company
Completed the construction and installation of plant and machinery at the Company’s manufacturing facility at Bhagwanpur, Haridwar (Unit III).
Acquired land and commenced construction, including installation of pyrolysis reactor, for the Company’s pyrolysis oil manufacturing facility located at Village Gundala, Rajkot, Gujarat (Unit II).
1. Funding the working capital requirements of our company;
2. Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by our Company;
3. Funding Capital Expenditure for the installation of additional Plant & Machinery and
4. To meet General corporate purposes
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | ₹ 103.00 | - |
| Open | ₹ 151.00 | - |
| Low | ₹ 143.45 | - |
| High | ₹ 158.00 | - |
| Last Trade | ₹ 147.30 | - |
The rubber industry in India comprises natural rubber production, synthetic rubber manufacturing, and the processing of end-of-life rubber materials into reclaimed rubber. With increasing emphasis on sustainability and circular economy practices, the reclaim rubber segment has emerged as a ... Read more
Phone no:8171000900
FAQs
When does Horizon Reclaim (India) Ltd. IPO opens and closes?
Horizon Reclaim (India) Ltd. IPO opens from 12th June to 16th June 2026.What is the size of Horizon Reclaim (India) Ltd. IPO?
The size of the Horizon Reclaim (India) Ltd. IPO is ₹54.27 Cr.What is the price range of Horizon Reclaim (India) Ltd. IPO?
The price range of Horizon Reclaim (India) Ltd. IPO is at ₹98 to ₹103 per share.What is the minimum investment and lot size required for the Horizon Reclaim (India) Ltd. IPO?
The minimum investment required is ₹1,23,600 and minimum lot size is 1200 shares.When is Horizon Reclaim (India) Ltd. IPO listing date?
The Horizon Reclaim (India) Ltd. IPO will be listed on 19th June 2026.What is the objective of Horizon Reclaim (India) Ltd. IPO?
1. Funding the working capital requirements of our company;2. Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by our Company;
3. Funding Capital Expenditure for the installation of additional Plant & Machinery and
4. To meet General corporate purposes
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