31 Mar 2024
Assets8.45
Total Income20.44
EBITDA1.17
Profit After Tax0.71
NET Worth7.26
Reserves and Surplus6.51
At a glance
Updated 2026-08-24The shares listed at ₹151.00, a 46.60% move from the issue price. Horizon Reclaim (India) is a SME IPO with an issue size of ₹54.27 crore, proposed for listing on BSE SME. The offer opens on 12th Jun 2026 and closes on 16th Jun 2026. The issue structure includes a fresh issue of ₹51.55 crore. The current listing schedule points to 19th Jun 2026.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹54.27 Cr
Fresh issue₹51.55 Cr
Face value₹10
Price band₹98.00–₹103.00
Allotment17th Jun 2026
Listing19th Jun 2026
Listing performance
Full performance ↗Issue price₹103.00
Listing price₹151.00
Current price—
Listing gain46.60%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹75.00
GMP / upper price72.82%
Est. listing₹178.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens12th Jun 2026
Closes16th Jun 2026
Allotment17th Jun 2026
Refund18th Jun 2026
Demat18th Jun 2026
Listing19th Jun 2026
Subscription demand
Full bidding ↗Total304.11×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2400 | ₹247,200 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding the working capital requirements of our Company | ₹6.00 Cr |
| Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by our Company | ₹26.70 Cr |
| Funding Capital Expenditure for the installation of additional Plant & Machinery | ₹9.43 Cr |
| General Corporate Purposes | ₹7.80 Cr |
| Issue expenses | ₹4.34 Cr |
| Total | ₹54.27 Cr |
Financials
Full financials ↗31 Mar 2025
Assets26.08
Total Income36.39
EBITDA10.46
Profit After Tax7.07
NET Worth14.33
Reserves and Surplus0.08
Total Borrowing10.03
31 Mar 2026
Assets64.88
Total Income50.01
EBITDA16.32
Profit After Tax10.50
NET Worth24.83
Reserves and Surplus10.58
Total Borrowing35.76
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 53.63% |
| ROCE | 25.45% |
| Debt / Equity | 1.44% |
| RoNW | 42.29% |
| PAT Margin | 21.25% |
| EBITDA Margin | 32.64% |
| Price to Book Value | 5.91 |
Valuation & shareholding
Pre-IPO EPS7.37
Post-IPO EPS5.38
Pre-IPO P/E13.97
Post-IPO P/E19.14
Promoter holding pre95.84%
Promoter holding post69.97%
Market cap₹201.01 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Funding the working capital requirements of our Company | ₹6.00 Cr |
| Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by our Company | ₹26.70 Cr |
| Funding Capital Expenditure for the installation of additional Plant & Machinery | ₹9.43 Cr |
| General Corporate Purposes | ₹7.80 Cr |
| Issue expenses | ₹4.34 Cr |
| Total | ₹54.27 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- GYR Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.