Horizon Reclaim IPO Description – Founded in 2006, Horizon Reclaim manufactures reclaimed rubber products from recycled rubber waste such as used tyres, rubber tubes, tread peelings, and industrial rubber scrap. The company converts waste rubber into value-added products, including Natural Reclaim Rubber, Synthetic Reclaim Rubber (EPDM and Butyl), and crumb rubber, which are widely used across footwear, automotive, construction, road infrastructure, and industrial applications.
The business follows a circular economy model, sourcing raw materials from tyre dismantlers, scrap dealers, and waste collectors across India, while also importing rubber scrap to ensure uninterrupted production. Its reclaimed rubber products provide a cost-effective and environmentally friendly alternative to virgin rubber, helping manufacturers reduce input costs. Apart from rubber manufacturing, the company also generates revenue through Extended Producer Responsibility (EPR) credits under CPCB regulations. These credits are sold to tyre manufacturers and importers to fulfill statutory recycling obligations, creating an additional high-margin revenue stream.
Promoters of Horizon Reclaim – Mr. Mohit Bajaj and Mrs. Malika Bajaj
Horizon Reclaim IPO Details
| Horizon Reclaim IPO Dates | Coming soon |
| Horizon Reclaim Issue Price | Coming soon |
| Fresh Issue | 54,00,000 shares |
| Offer For Sale | Nil |
| Total IPO Size | 54,00,000 shares |
| Minimum Bid | Coming soon |
| Lot Size | Coming soon |
| Pre-issue Shares | *** shares |
| Face Value | INR 10 per share |
| Listing On | BSE SME |
Horizon Reclaim IPO Category Allocation
Horizon Reclaim Financial Performance
| FY 2023 | FY 2024 | FY 2025 | H1 FY 2026 | |
| Revenue | 19.65 | 20.33 | 36.22 | 24.92 |
| Expenses | 18.76 | 19.48 | 26.66 | 17.97 |
| Net Income | 0.67 | 0.71 | 7.07 | 5.08 |
| Margin (%) | 3.41 | 3.49 | 19.51 | 20.39 |
Horizon Reclaim Offer News
Horizon Reclaim Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 0.47 | 0.50 | 4.96 |
| PE Ratio | – | – | – |
| Price/Book Ratio | – | – | – |
| Price/Sales Ratio | – | – | – |
| Current Ratio | 4.80 | 3.95 | 0.94 |
| RONW (%) | 10.24 | 9.80 | 49.32 |
| NAV | 4.60 | 5.10 | 10.06 |
| ROCE (%) | 13.72 | 13.11 | 40.70 |
| EBITDA (%) | 5.45 | 5.72 | 28.75 |
| Debt/Equity | NA | NA | 0.70 |
Evaluate the quality of an IPO using these essential investing ratios to make an informed decision.
Horizon Reclaim IPO Anchor Investors
Horizon Reclaim raises () from anchor investors. Horizon Reclaim Anchor bid date is ().
| Bid Date | Coming soon |
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
Horizon Reclaim Offer Objectives
The company proposes to utilize net proceeds from the issue towards the following objects:
- Funding the working capital requirements of the company – INR 54.32
- Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by the company – INR 25.84 crore
- Funding capital expenditure for the installation of additional plant & machinery – INR 11.34 crore
- General corporate purpose
Horizon Reclaim IPO GMP Today
Horizon Reclaim IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of () shares and the anchor investor portion of () shares are not included in the above calculations.
Horizon Reclaim IPO Allotment Status
You can check Horizon Reclaim IPO allotment status on KFin Technologies website. Click on this link to get the allotment status. Often not getting IPO allotment? Learn how to improve your IPO allotment chances.
Horizon Reclaim IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| IPO Listing Date | Coming soon |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Horizon Reclaim Offer Lead Manager
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej
Ahmedabad-380 054, Gujarat, India
Phone:+91 8777564648
Email: [email protected]
Website: www.gyrcapitaladvisors.com
Horizon Reclaim Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
HORIZON RECLAIM (INDIA) LIMITED
Khasra no. 9, Dehradun Road,
Near Nirankari Bhawan, Village – Kumar Hera,
Saharanpur – 247001, Uttar Pradesh
Phone: +91 8171000900
E-mail: [email protected]
Website: www.horizonreclaim.com
IPO Resources
What is the Horizon Reclaim offer size?
Horizon Reclaim offer size is INR NA crores.
What is the Horizon Reclaim offer price band?
Horizon Reclaim public offer price is INR NA per share.
What is the lot size of the Horizon Reclaim IPO?
Horizon Reclaim offer lot size is NA shares.
What is the Horizon Reclaim IPO GMP today?
Horizon Reclaim IPO GMP today is INR NA per share.
What is the Horizon Reclaim IPO Subject to Sauda rate today?
Horizon Reclaim Subject to Sauda rate today is INR NA per application.
Rajat Bhati has a strong technical background and 5 years of experience in the stock market. He focuses on equity research, technical analysis, IPO valuations, and risk management, helping investors make clearer, data-backed decisions. Today, he works full-time to educate people about the opportunities in IPO market.
