The Horizon Reclaim (India) IPO is among the most anticipated SME IPOs of June 2026. The company operates in the reclaimed rubber manufacturing industry and has attracted investor attention due to its…
The Horizon Reclaim (India) IPO is among the most anticipated SME IPOs of June 2026. The company operates in the reclaimed rubber manufacturing industry and has attracted investor attention due to its strong revenue growth, improving profitability, and sustainability-focused business model.
Horizon Reclaim IPO Details
- IPO Open Date: June 12, 2026
- IPO Close Date: June 16, 2026
- Price Band: ₹98 to ₹103 per share
- Issue Size: ₹54.27 Crore
- Exchange: BSE SME
- Lot Size: 1,200 Shares
- Allotment Date: June 17, 2026 (Expected)
- Listing Date: June 19, 2026 (Expected)
About Horizon Reclaim (India) Limited
Horizon Reclaim (India) Limited manufactures reclaimed rubber using waste tyres, tubes, and industrial rubber scrap. The company's products are used across automotive, footwear, construction, and industrial applications.
As industries increasingly focus on sustainability and cost-efficient raw materials, reclaimed rubber manufacturers are benefiting from rising demand. The company aims to capitalize on this trend through capacity expansion and operational growth.
Horizon Reclaim IPO GMP Today
Investors are actively tracking Horizon Reclaim IPO GMP ahead of the subscription period. Grey Market Premium often reflects investor sentiment regarding potential listing performance. However, GMP is unofficial and can fluctuate significantly based on market conditions.
Investors should consider company fundamentals, valuations, and financial performance rather than relying solely on GMP trends.
Financial Performance
The company has demonstrated impressive financial growth over the past few years.
Revenue Growth
- FY24: ₹20.44 Crore
- FY25: ₹36.39 Crore
- FY26: ₹50.01 Crore
Profit After Tax (PAT)
- FY24: ₹0.71 Crore
- FY25: ₹7.07 Crore
- FY26: ₹10.50 Crore
The sharp increase in both revenue and profits indicates strong operational execution and growing market demand for the company's products.
Objectives of the IPO
The company intends to utilize the proceeds from the IPO for:
- Working capital requirements
- Repayment or prepayment of borrowings
- Installation of additional plant and machinery
- General corporate purposes
These objectives suggest a focus on strengthening operations and supporting future growth initiatives.
Strengths of Horizon Reclaim IPO
Strong Financial Growth
The company has consistently improved both revenue and profitability over recent years.
Sustainability-Focused Business
The reclaimed rubber industry benefits from increasing environmental awareness and recycling initiatives.
Expansion Plans
IPO proceeds will support capacity expansion and operational improvements.
Growing Industry Demand
Demand for recycled rubber products continues to increase across multiple industries.
Risks to Consider
SME IPO Volatility
SME stocks often experience higher price volatility after listing compared to mainboard IPOs.
Raw Material Dependency
Availability and pricing of waste rubber can affect operating margins.
Industry Cyclicality
Demand from automotive and industrial sectors may fluctuate depending on economic conditions.
Liquidity Concerns
SME stocks generally have lower trading volumes than mainboard-listed companies.
Should You Apply for Horizon Reclaim IPO?
Horizon Reclaim IPO presents an interesting opportunity for investors seeking exposure to the recycling and sustainability sector. The company has demonstrated strong revenue growth, significant profit expansion, and plans for further capacity enhancement.
For investors with a higher risk appetite and an interest in SME IPOs, Horizon Reclaim may be worth evaluating. However, investors should review valuation metrics, subscription demand, and overall market sentiment before making an investment decision.
Frequently Asked Questions
What is the Horizon Reclaim IPO date?
The IPO opens on June 12, 2026, and closes on June 16, 2026.
What is the Horizon Reclaim IPO price band?
The price band is ₹98 to ₹103 per share.
What is the lot size for Horizon Reclaim IPO?
The minimum application size is one lot consisting of 1,200 shares.
Where will Horizon Reclaim IPO be listed?
The shares are proposed to be listed on the BSE SME platform.
What does Horizon Reclaim do?
The company manufactures reclaimed rubber products from recycled rubber waste and supplies various industrial sectors.
