LowPositive
Announced Wed, 17 Jun · 12:53 IST

Horizon Reclaim (India) IPO allotment date likely today. GMP, steps to check share allotment status online for SME IPO

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Horizon Reclaim (India) IPO allotment is likely to be finalised today, June 17, with listing scheduled on June 19 on the BSE SME platform. The SME IPO received robust demand, subscribed 304.11 times overall — 308.30 times in the retail category, 450.74 times in the NII segment, and 186.72 times by QIBs. Grey market premium stands at about Rs 55 per share, indicating an estimated listing price of around Rs 158, a premium of 53.40 percent over the upper price band of Rs 103, with the company raising Rs 54.27 crore via a fresh issue of 52.69 lakh shares.