Horizon Reclaim (india) Limited
HORIZONUpcomingSME IPO · BSE
Price Band
₹98 – ₹103
Lot Size
1200 shares
Issue Size
₹54 Cr
GMP (Grey Market Premium)
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Horizon Reclaim (India) Limited is engaged in the manufacturing of reclaimed rubber, which is produced by recycling used rubber materials such as old tyres, rubber tubes, tread peelings and industrial rubber scrap, including EPDM rubber. The company offers products across three main categories: Natural Rubber Reclaim, Synthetic Rubber Reclaim (including EPDM and Butyl Reclaim Rubber), and Crumb Rubber, which are used in applications such as footwear, automotive components, floor mats, construction products, road construction and sports surfaces. The company procures waste rubber materials from domestic and imported sources and processes them into reusable rubber products for industrial customers. It operates a manufacturing facility in Haridwar, Uttarakhand, and generates revenue primarily through the sale of reclaimed rubber products to customers across multiple end-use industries. The company is also developing additional manufacturing capacity and a pyrolysis oil facility to recover value from end-of-life tyres and rubber waste.
| IPO Open Date | 12 Jun 2026 |
| IPO Close Date | 16 Jun 2026 |
| Basis of Allotment | 17 Jun 2026 |
| Refunds Initiation | 18 Jun 2026 |
| Listing Date | 19 Jun 2026 |
| Face Value | — |
| Fresh Issue | — |
| Offer for Sale | — |
| Minimum Investment (Retail) | ₹1,23,600 |
| Registrar | — |
| Lead Managers | — |
| Issue open date | 12 Jun 2026 |
| Issue close date | 16 Jun 2026 |
| UPI mandate deadline | 16 Jun 2026 |
| Allotment finalization | 17 Jun 2026 |
| Refund initiation | 18 Jun 2026 |
| Share credit | 18 Jun 2026 |
| Listing date | 19 Jun 2026 |
| Mandate end date | 1 Jul 2026 |
| Lock-in end date for anchor investors (50%) | 16 Jul 2026 |
| Lock-in end date for anchor investors (remaining) | 14 Sept 2026 |
- Over 19 years of experience in manufacturing reclaimed rubber from scrap and used tyres.
- Diverse product portfolio including natural reclaim rubber, synthetic reclaim rubber and crumb rubber.
- Established sourcing network for waste rubber materials from domestic and imported suppliers.
- In-house quality control systems supported by ISO 9001:2015 certification.
- Strategic manufacturing location in Haridwar with access to raw materials and transportation networks.
- A significant portion of revenue comes from a limited number of customers.
- Operations depend on a limited number of suppliers for key raw materials.
- Rising raw material prices or supply disruptions could affect profitability.
- Failure to meet product quality standards may lead to order cancellations and loss of business.
- Under-utilisation of manufacturing capacity could adversely impact future financial performance.