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Horizon Reclaim (India) Ltd

Registered Office : Khasra No.9 Dehradun Rd,Kumar Hera Village,Saharanpur Uttar Pradesh 247001 Phone : +91 81710 00900
Fax :

Email : cs@horizonreclaim.com

Website : https://horizonreclaim.com/

Initial public offer of 52,69,200 equity shares of face value Rs.10/- each (the "Equity Shares") of Horizon Reclaim (India) Limited (the "Company" or "Horizon" or "Issuer") at an issue price of Rs. 103 per equity share (including a share premium of Rs. 93 per equity share) for cash, aggregating Rs. 54.27 Crores ("Public Issue") out of which 2,64,000 equity shares of face value Rs.10/- each, at an issue price of Rs. 103 per equity share for cash, aggregating Rs. 2.72 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. Issue of 50,05,200 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 103 per equity share for cash, aggregating Rs. 51.55 Crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 27.00% and 25.65% respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 103/- per equity share of face value Rs. 10/- each. The floor price is 10.3 times of the face value of the equity shares. Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.

Issue

Opens On

Closes On

12-Jun-2026

16-Jun-2026

Money Payable On

Application

Allotment

103.00

0.00

Minimum Application for shares in Nos : 2400.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

49.93

54.27

19.52

103.00

GYR Capital Advisors Private Limited

Projects

Funding the working capital requirements of the Company

Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by its Company

Funding Capital Expenditure for the installation of additional Plant & Machinery

General corporate purposes

Promoted By

Mohit Bajaj

Malika Bajaj

Ashok Kumar Bajaj HUF

Listing At

BSE - SME

Registrar to the Issue

KFin Technologies Ltd