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Horizon Reclaim (India) Ltd.

SME
ListedListed on 19 Jun 2026+46.6%

Price Range

₹98–103

Issue Size

₹ 39 Cr

Lot Size

2400 Shares

Min. Investment

₹ 2,35,200

Financial Summary

(in crores)
ParticularsFY 2025-26FY 2024-25
Operating Revenue4,942.083,621.61
Other Income58.9917.24
Total Income5,001.073,638.85
Total Expenses3,362.472,589.75
Profit Before Tax1,428.79972.41
Total Profit1,050.06706.72

Subscription Details

282.87xTotal
Subscription
Retail
308.30x
NII - Small
0.00x
NII - Big
0.00x
QIB
186.72x
Employees
0.00x

IPO Timeline

IPO Offer Start

12 Jun 2026

IPO Offer Ends

16 Jun 2026

Listing Date

19 Jun 2026

Use of Proceeds

#PurposeAmount (₹ Cr)
1Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by our267

Promoters

Malika Bajaj

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