IPO Update: Horizon Reclaim Lists at +46.60%, Liotech Industries Sees -19.94% Loss on BSE | 07 Jul 2026, 10:01 AM IST
By ThePip Desk
No new IPOs are active on NSE and BSE today. Horizon Reclaim (India) Ltd. posted a strong +46.60% listing gain.
As of Tuesday, July 7, 2026, the Indian primary market is experiencing a quiet period. A review of the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) reveals no new Initial Public Offerings (IPOs) are currently open for subscription or slated for an immediate launch. This lull follows a period of mixed recent listings, where some companies saw robust market debuts while others listed below their offer prices.
Open for Subscription
For investors seeking new primary market opportunities, it is important to note that as of July 7, 2026, no IPOs are currently accepting bids. All issues that were recently active, including Aastha Spintex Ltd., Twinkle Papers Ltd., Adon Agro Commodities Ltd., Crazy Snacks Ltd., Sri Priyanka Geo Commex Ltd., and CSM Technologies Ltd., have concluded their subscription windows. Investors will need to await their listing or future public offerings.
Recent Listings: A Mixed Bag
Despite the current quiet in the subscription market, the past few weeks have been eventful for companies making their market debuts. A closer look at the recent listings reveals a varied performance, offering insights into investor sentiment and market appetite. From significant listing gains that rewarded early investors to some issues that unfortunately listed at a discount to their offer price, the market has presented a mixed bag of outcomes.
| Company | Issue Price (₹) | Listing Price (₹) | Gain/Loss (%) | Per-Lot Gain/Loss (₹) | Listed Date |
|---|---|---|---|---|---|
| Turtlemint Fintech Solutions Ltd. | 152 | N/A | N/A | N/A | 2026-06-26 |
| Avience Biomedicals Ltd. | 208 | N/A | N/A | N/A | 2026-06-25 |
| Liotech Industries Ltd. | 321 | 257 | −19.94% | −64 | 2026-06-24 |
| Leapfrog Engineering Services Ltd. | 23 | 22 | −4.35% | −1 | 2026-06-24 |
| Clay Craft India Ltd. | 203 | N/A | N/A | N/A | 2026-06-24 |
| Diksha Polymers Ltd. | 112 | 114.5 | +2.23% | +2.5 | 2026-06-24 |
| Horizon Reclaim (India) Ltd. | 103 | 151 | +46.60% | +48 | 2026-06-19 |
| Susan Electricals India Ltd. | 127 | 186 | +46.46% | +59 | 2026-06-18 |
| Utkal Speciality Industries India Ltd. | 66 | N/A | N/A | N/A | 2026-06-17 |
| Hexagon Nutrition Ltd. | 45 | 48 | +6.67% | +3 | 2026-06-12 |
Highlighting the positive side, Horizon Reclaim (India) Ltd. made a strong entry on June 19, 2026, with its shares listing at ₹151 against an issue price of ₹103, marking an impressive +46.60% gain and a per-lot gain of +48. Similarly, Susan Electricals India Ltd. also saw a robust debut on June 18, 2026, listing at ₹186 compared to its issue price of ₹127, translating to a +46.46% gain and a per-lot gain of +59. Diksha Polymers Ltd. also achieved a modest +2.23% gain. On the other end of the spectrum, Liotech Industries Ltd. faced a challenging listing on June 24, 2026, with its shares opening at ₹257 against an issue price of ₹321, resulting in a significant −19.94% loss and a per-lot loss of −64. Leapfrog Engineering Services Ltd. also listed at a slight discount of −4.35%. Several other companies, including Turtlemint Fintech Solutions Ltd., Avience Biomedicals Ltd., Clay Craft India Ltd., and Utkal Speciality Industries India Ltd., also listed recently, though their specific listing prices and gains/losses were not immediately available for comparison.
Upcoming IPOs
As of July 7, 2026, there are no new IPOs scheduled to open for subscription in the immediate future. All previously anticipated IPOs had their expected subscription windows close prior to this date, indicating a temporary pause in the pipeline for fresh public offerings. Investors should remain vigilant for new announcements from market regulators and companies.
Conclusion
In summary, the Indian primary market is experiencing a quiet phase on July 7, 2026, with no active IPOs for subscription or immediate launches. This period allows investors to review recent market performances and prepare for future opportunities. The market anticipates fresh filings and announcements from companies looking to tap into public capital, which could invigorate the primary segment. Staying informed through official exchange notifications is crucial for timely investment decisions.