Horizon Reclaim (India) IPO GMP today is Rs 48. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
HORIZON
Horizon Reclaim (India) IPO GMP & Allotment
Horizon Reclaim (India) is a SME IPO with a price band of Rs 98.00 to Rs 103.00 that listed on 19 Jun 2026 at a listing gain of +46.60%. Track its full GMP history, subscription data and listing details here.
- IPO Price Band
- ₹98.00 - ₹103.00
- Lot Size
- 1,200 Shares
- Bidding Closes
- 16 Jun 2026
- Listing Date
- 19 Jun 2026
Quick Answer & Highlights
Horizon Reclaim (India) IPO GMP Today & Key Takeaways
Last updated: 15 Jun 2026
Horizon Reclaim (India) IPO officially listed on 19 Jun 2026 at Rs 151.00, delivering a +46.60% listing gain compared to its issue price of Rs 103.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹48.
Horizon Reclaim (India) IPO officially listed on 19 Jun 2026 at ₹151.00, delivering a +46.60% listing gain compared to its issue price of ₹103.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹48.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹48 | +46.6% vs upper band (15 Jun 2026) |
| Est. Listing Price | ₹151.00 | +46.60% Est. Listing Gain |
| Price Band | ₹98.00 - ₹103.00 | SME IPO |
| Retail Minimum Investment | ₹2,47,200 | 2 Lot (1,200 Shares) |
| Bidding Window | 12 Jun 2026 – 16 Jun 2026 | Listed |
| Allotment & Listing Dates | Allotment: TBA | Listing: 19 Jun 2026 |
Current GMP Status
₹48
+46.6% vs upper band
Est. Listing Gain
+46.60%
Last Trend
15 Jun 2026
Listing Price
₹151.00
Retail Entry
₹2,47,200
IPO Details
Complete IPO information
| IPO Open Date | 12 Jun 2026 |
|---|---|
| IPO Close Date | 16 Jun 2026 |
| IPO Price Band | ₹98.00 - ₹103.00 |
| Lot Size | 1,200 Shares |
| Current GMP | ₹48 |
| Estimated Listing Gain | +46.60% |
| Issue Size | - |
| Fresh Issue | - |
| Issue Type | SME |
| IPO Listing | NSE, BSE |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 8.39x |
| Minimum Investment | ₹2,47,200 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus | - |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Horizon Reclaim (India) is priced at ₹103 per share. With a minimum lot size of 1,200 shares, a retail investor applying for one lot would need approximately ₹2,47,200 to participate in this SME issue.
The latest recorded Grey Market Premium for Horizon Reclaim (India) stands at ₹48, implying an estimated listing gain of around 46.60% over the issue price if it holds until listing. This is up ₹7 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Horizon Reclaim (India)'s IPO was subscribed 8.39x overall, with a category-wise breakdown of Retail 11.37x, QIB 0x.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
12 Jun 2026
✓
Bidding Closes
16 Jun 2026
✓
Allotment
TBA
✓
Listing
19 Jun 2026
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 12 Jun 2026 | Completed |
| Bidding Closes | 16 Jun 2026 | Completed |
| Allotment | TBA | Completed |
| Listing | 19 Jun 2026 | Completed |
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 15 Jun 2026 | ₹57.00 | +₹7.00 | 55.34% |
| 12 Jun 2026 | ₹50.00 | - | 48.54% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 2,400 | ₹2,47,200 |
| Retail Maximum | 2 Lot | 2,400 | ₹2,47,200 |
| S-HNI Minimum | 3 Lot | 3,600 | ₹3,70,800 |
| S-HNI Maximum | 8 Lot | 9,600 | ₹9,88,800 |
| B-HNI Minimum | 9 Lot | 10,800 | ₹11,12,400 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
Horizon Reclaim IPO Reservation
| Investor Category | Share Offered | Shares (%) |
|---|---|---|
| Anchor Investor | 15,01,200 Shares | 28.49% |
| QIB (Ex. Anchor) | 10,00,800 Shares | 18.99% |
| NII Shares Offered | 7,51,200 Shares | 14.26% |
| Retail Shares Offered | 17,52,000 Shares | 33.25% |
Analysis
Horizon Reclaim IPO Anchor Investors
Horizon Reclaim IPO has allotted a portion of the issue to anchor investors ahead of the public subscription. The anchor book opened on June 11, 2026, with shares allocated to eligible institutional investors subject to the prescribed lock-in periods.
| Particulars | Details |
|---|---|
| Anchor Bidding Date | June 11, 2026 |
| Shares Offered | 15,01,200 Shares |
| Anchor Size | ₹15.46 Cr. |
| Lock-in Period End Date (50% Shares - 30 Days) | July 17, 2026 |
| Lock-in Period End Date (Remaining 50% Shares - 90 Days) | September 15, 2026 |
Analysis
Horizon Reclaim (India) IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 12 Jun 2026 |
| IPO Close Date | 16 Jun 2026 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 19 Jun 2026 |
Note: The timeline for Horizon Reclaim (India) IPO is tentative and subject to change.
Analysis
Promoters and Holding Pattern
The promoters of Horizon Reclaim are Mohit Bajaj and Malika Bajaj. The table below highlights the promoter shareholding before and after the IPO issue.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,42,46,200 | 95.84% |
| Promoter Holding Post Issue | 1,95,15,400 | -% |
Analysis
Horizon Reclaim (India) Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Analysis
About Horizon Reclaim IPO
Horizon Reclaim (India) Ltd, founded in 2006, is one of the leading manufacturers of reclaimed rubber. It is recycled rubber made from used rubber material such as old tyres, rubber tubes, tread peelings, and industrial scrap.
Its product portfolio includes 1) Natural Rubber Reclaim, which is used in footwear soles, floor mats, tyre base layers, and moulded rubber products. 2) Synthetic Rubber Reclaim, used in automotive seals, hoses, gaskets, and construction profiles, and 3) Crumb Rubber, used in road construction, sports surfaces, and roofing sheets. Its operations mostly run on a B2B model, serving small and medium enterprises and industrial customers. Moreover, its products can also be available in different grades as per the client’s requirements.
Analysis
Horizon Reclaim (India) Company Financials
To Be Updated Soon
Analysis
Horizon Reclaim (India) Company Valuation – FY2026
To Be Updated Soon
Analysis
Horizon Reclaim (India) IPO Peer Group Comparison
To Be Updated Soon
Analysis
IPO Lead Managers aka Merchant Bankers
- GYR Capital Advisors Pvt. Ltd.
Comparison
Compare Horizon Reclaim (India) IPO with similar IPOs
FAQ
Horizon Reclaim (India) IPO FAQs
Based on the latest Grey Market Premium (GMP) of Rs 48 and an issue price of Rs 103, the estimated listing price for Horizon Reclaim (India) IPO is Rs 151.00 (approx 46.60% listing gain). Actual listing price is determined by market demand on the listing day.
Horizon Reclaim (India) IPO price band is Rs 98.00 to Rs 103.00. Check the latest issue price, lot size and GMP together before applying.
Horizon Reclaim (India) IPO open date is 12 Jun 2026, close date is 16 Jun 2026, and listing date is 19 Jun 2026.
Horizon Reclaim (India) IPO lot size is 1,200 shares. The minimum retail investment is Rs 2,47,200.
Horizon Reclaim (India) is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Horizon Reclaim (India) IPO subscription status currently shows Retail 11.37x, QIB 0x, Overall 8.39x.
In our empirical study of 117 Indian IPO listings, positive GMP was followed by a positive listing gain 69.8% of the time. However, as an exact forecast, the median variation between GMP-implied gain and actual listing price was 8 percentage points. GMP reflects informal market sentiment and should always be evaluated alongside company valuation and fundamentals.
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