ListedSMERubber ProductsHORIZON

Horizon Reclaim (India) IPO

Horizon Reclaim (India) IPO is an SME IPO raising ₹54 Cr at ₹98 – ₹103 a share. It listed on 19 Jun 2026 at ₹151, +46.6% against its issue price of ₹103, and trades at ₹121 today (+17.1% since issue). It was subscribed 354× in total.

103
Issue price
121
Price now
+17.1%
Since issue price
19 Jun 2026
Listed on
354×Subscribed (final) · all exchanges

353.6 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹98 – ₹103
Cut-off price₹103
Issue size₹54 Cr
Shares per lot1200
Minimum application₹1,23,600
Minimum quantity2400
Face value₹10
Listing exchangesBSE
ISININE1SEO01013
Bidding hours10:00 – 17:00 IST
Bidding window12 Jun 2026 – 16 Jun 2026
SME
What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.