How to Check Horizon Reclaim India IPO Allotment Status

Incorporated in 2006, Horizon Reclaim (India) Ltd. is engaged in the manufacturing of reclaimed rubber, which is recycled rubber derived from used rubber materials such as old tyres, rubber tubes, tread peelings, and industrial scrap.

Its product portfolio spans three key categories: Natural Rubber Reclaim (made from tyre casings and tubes, used in footwear soles, floor mats, tyre base layers, and moulded rubber products), Synthetic Rubber Reclaim (including EPDM and Butyl rubber used in automotive seals, hoses, gaskets, and construction profiles), and

Crumb Rubber (produced from recycled tyres and used in road construction, sports surfaces, and roofing sheets). The company's sales are primarily business-to-business, targeting small and medium enterprises and industrial customers mainly in the northwestern region of India.

Horizon Reclaim (India) IPO is a book build issue of ₹54.27 crore, entirely comprising a fresh issue of 0.53 crore shares aggregating to ₹54.27 crore. The IPO opened on June 12, 2026, and closed on June 16, 2026. The allotment is expected on Wednesday, June 17, 2026. The share price band was set at ₹98 to ₹103 per share.

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Steps to Check Horizon Reclaim (India) IPO Allotment Status on Registrar Site

• Visit the Kfin Technologies Ltd.
• Select "Horizon Reclaim India from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Horizon Reclaim India IPO Allotment Status on BSE

• Navigate to the BSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Horizon Reclaim India" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Horizon Reclaim (India) IPO subscribed 304.06 times overall. Here is the category-wise breakdown as of 5:04:35 PM on June 16, 2026:

Horizon Reclaim (India) IPO Subscription Status

• QIB Category (Ex Anchor): 186.72 times
• Non-Institutional Investors (NII): 450.73 times
• Individual Investors: 308.20 times

Horizon Reclaim (India) IPO Share Price and Investment Details

The minimum investment required was ₹2,47,200 for 2 lots (2,400 shares) for individual investors. The issue raised ₹15.46 crore from anchor investors. The issue includes a reservation of up to 2,64,000 shares for the market maker, Giriraj Stock Broking Pvt. Ltd. The anchor investor lock-in period ends on July 16, 2026 for 50% of shares (30 days) and September 14, 2026 for the remaining shares (90 days). Given the overall subscription of 304.06 times with exceptional institutional interest at 186.72 times, robust NII participation at 450.73 times, and strong individual investor subscription at 308.20 times, the share price listing expectations remain highly positive.

Utilisation of IPO Proceeds

The proceeds will be utilised for funding the working capital requirements of the Company (₹6.00 crore), pre-payment or repayment of all or a portion of certain outstanding borrowings availed by the Company (₹26.70 crore), funding capital expenditure for the installation of additional plant and machinery (₹9.43 crore), and general corporate purposes.

Business Overview

Horizon Reclaim (India) Limited is engaged in the manufacturing of reclaimed rubber, offering three main product categories in the B2B segment. The company posted growth in its top and bottom lines for the reported periods. A sudden boost in its bottom lines, outperforming peers, raises eyebrows and concern over sustainability. The company is operating in a highly competitive and fragmented segment.

The company demonstrated strong financial performance with total income of ₹50.01 crore for FY2026 and a net worth of ₹24.83 crore as of March 31, 2026, with revenue growing 37% and PAT rising 49% year on year. The company benefits from an in-house manufacturing facility supported by a technology-driven process, a diversified customer base and long-standing customer relationships, experienced promoter directors with strong industry expertise, and stringent quality control ensuring standardised product quality. However, investors should note the post-issue P/E ratio of 19.14 and Price to Book Value of 5.91.

Check the latest IPO allotment status to stay informed.