Horizon Reclaim (India) IPO Allotment Status: Check Allotment Status, Subscription and Key Issue Details
The allotment status for the ₹54.27 crore Horizon Reclaim (India) IPO is likely to be finalised today, June 17, 2026. Investors will be able to verify their allotment status on the official websites of the BSE and the issue's registrar, KFin Technologies Limited. Following the allotment process, the company's shares are expected to debut on the BSE on June 19, 2026.
Procedure to Check Horizon Reclaim IPO Allotment Status Online On BSE
- Visit the BSE IPO Allotment Status page here.
- Under Issue Type, select “Equity”.
- In Issue Name, select “Horizon Reclaim (India) Limited”
- Enter your “Application No. or PAN No.”
- Enter the given Captcha correctly.
- Click “Submit”.
Procedure to Check Horizon Reclaim IPO Allotment Status on KFin Technologies Limited (Registrar to the issue)
- Visit the KFin Technologies IPO allotment status page here.
- In Select IPO, select “HORIZON RECLAIM LIMITED”.
- Enter any of the following details.
- App. No.
- Demat Account
- PAN
- Click “Submit”.
Horizon Reclaim IPO - Issue Details
- Issue Type: Book Building IPO (Fresh Issue Only)
- Total Issue Size: ₹54.27 crore
- Fresh Issue: 0.53 crore equity shares
- Face Value: ₹10 per equity share
- Price Band: ₹98 to ₹103 per share
- Lot Size: 1,200 shares
- Listing: BSE SME
- Book Building Lead Managers: GYR Capital Advisors Private Limited
- Registrar: KFin Technologies Limited
Horizon Reclaim IPO Overall Subscription Status
[June 16, 2026, 7:00 PM]
|
Category |
Subscription (times) |
|
Qualified Institutional Buyers (QIBs) |
186.72x |
|
Non-Institutional Investors (NIIs) |
450.74x |
|
Retail Individual Investors (RIIs) |
308.30x |
|
Total |
304.11x |
Utilisation of IPO Proceeds
The company intends to utilise the net proceeds from the fresh issue towards:
- Funding the working capital requirements of the Company
- Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by the Company
- Funding capital expenditure for the installation of additional plant and machinery.
- General Corporate Purposes.
About Horizon Reclaim Limited
Incorporated in 2006, Horizon Reclaim manufactures reclaimed rubber, a recycled material produced from used tyres, tubes, tread peelings, and industrial rubber scrap, including EPDM rubber. Reclaimed rubber serves as a cost-effective and environmentally friendly alternative to natural and synthetic rubber and is widely used across industries.
The company offers Natural Rubber Reclaim, Synthetic Rubber Reclaim (including EPDM and Butyl Reclaim Rubber), and Crumb Rubber, catering to applications such as footwear, automotive components, construction materials, sports surfaces, and moulded rubber products.
The company operates a manufacturing facility in Roorkee, Uttarakhand, with an installed capacity of 14,100 metric tonnes per annum as of March 31, 2026, while additional facilities in Haridwar and Rajkot are at advanced stages of development.
For FY26, Horizon Reclaim reported revenue from operations of ₹49.4 crore and a profit after tax of ₹10.5 crore, compared with revenue of ₹36.2 crore and a PAT of ₹7.07 crore in FY25. The company also reported EBITDA of ₹16.3 crore in FY26, compared with ₹10.46 crore in FY25.
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