Established in 2006, Horizon Reclaim (India) Ltd. is engaged in the manufacturing of reclaimed rubber by recycling used rubber materials such as discarded tyres, tubes, tread peelings, and industrial rubber scrap. Through this process, the company converts waste rubber into reusable materials, supporting both industrial demand and sustainable manufacturing practices.
Its product portfolio includes Natural Rubber Reclaim, commonly used in footwear soles, floor mats, tyre base layers, and moulded rubber products; Synthetic Rubber Reclaim, including EPDM and Butyl grades used in automotive seals, hoses, gaskets, and construction applications; and Crumb Rubber, which finds applications in road construction, sports flooring, playground surfaces, and roofing products. The company offers products in multiple grades to meet varying customer specifications.
Horizon primarily operates on a B2B business model, catering to small and medium-sized enterprises as well as industrial customers, with a strong presence in the northwestern region of India. Its operations are supported by an in-house manufacturing facility equipped with process-driven technology and quality control systems aimed at maintaining consistency across products.
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 18,84,000 crores |
| Non-Institutional Investors (NIIs) | 15% | 5,65,200 crores |
| Retail Individual Investors (RIIs) | 35% | 13,18,800 crores |
Horizon Reclaim’s total income 0.00 by 0.00% and total expenses 3,362.47 by 29.84%, resulting in an EBITDA 1,638.6 by 56.19% and a profit after tax (PAT) 0.00 by 0.00% between March 31, 2025 and March 31, 2026.
3,362.4731 March 2026 | 2,589.7531 March 2025 | 1,926.6531 March 2024 |
1,638.631 March 2026 | 1,049.131 March 2025 | 116.9531 March 2024 |
3,362.47
3,026
2,690
2,354
2,017
1,681
1,345
1,009
672
336
0.00
Integrated manufacturing facility with technology-driven recycling and production capabilities.
Diverse product portfolio catering to automotive construction infrastructure and industrial applications.
Established relationships with a broad customer base supporting recurring business.
Strong focus on quality control and standardized production processes.
Experienced promoter-directors with extensive industry knowledge and execution expertise.
Operates in the recycled rubber segment benefiting from increasing emphasis on sustainability and resource efficiency.
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 17 Jun '26 | -- | 18 Jun '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 37,68,000 shares (aggregating up to ₹2,47,200 crores) |
| Fresh Issue | 5,00,520 shares (aggregating up to ₹50,05,200 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book building |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 95.84 shares |
| Post-Issue Shareholding | 0 shares |
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Horizon Reclaim ipo has been designed to ensure broad participation while maintaining optimal price discovery.
Khasra No 9 Dehradun Road Near Nirankari Bhawan Saharanpur
Kfin Technologies Ltd.
| Book Running Lead Manager(s) |
|---|
| GYR Capital Advisors Pvt Ltd |