Horizon Reclaim (India) Ltd.
SMEPrice Range
₹98–103
Issue Size
₹ 39 Cr
Lot Size
2400 Shares
Min. Investment
₹ 2,35,200
Financial Summary
(in crores)| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Operating Revenue | 4,942.08 | 3,621.61 |
| Other Income | 58.99 | 17.24 |
| Total Income | 5,001.07 | 3,638.85 |
| Total Expenses | 3,362.47 | 2,589.75 |
| Profit Before Tax | 1,428.79 | 972.41 |
| Total Profit | 1,050.06 | 706.72 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
12 Jun 2026
IPO Offer Ends
16 Jun 2026
Listing Date
19 Jun 2026
Use of Proceeds
| # | Purpose | Amount (₹ Cr) |
|---|---|---|
| 1 | Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by our | 267 |
Promoters
Promoter Shareholding
Pre-IPO
95.84%
Promoter stake
Post-IPO
69.97%
Promoter stake
Offered to Public
37,68,000
shares
Post Share Capital
1,36,53,965
shares
About the Company
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 ensures regular availability of raw materials and supports uninterrupted production.
Use of Proceeds
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