Horizon Reclaim (India) SME IPO Subscription
ListedUpdated 19 June 2026, 9:15 AM IST· BSE SME
Horizon Reclaim (India) SME IPO subscription closed on 16 June 2026 at 304.19x overall by shares. QIB demand came in at 186.72x, NII at 451.09x, and retail at 308.30x. See Retail, SHNI, and BHNI allotment chances in the…
Horizon Reclaim (India) SME IPO subscription closed on 16 June 2026 at 304.19x overall by shares. QIB demand came in at 186.72x, NII at 451.09x, and retail at 308.30x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 17 June 2026. Listing date on NSE and BSE is 19 June 2026.
Horizon Reclaim (India) SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 12 Jun 2026 | 0.00x | 12.63x | 11.37x | 8.39x |
| Day 2 - 15 Jun 2026 | 0.08x | 139.71x | 90.39x | 75.17x |
| Day 3 - 16 Jun 2026 | 186.72x | 450.74x | 308.30x | 304.11x |
Horizon Reclaim (India) SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Horizon Reclaim (India) SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 308.30x | 1 in 308 |
| SHNI (Rs 2L to Rs 10L) | 309.46x | 1 in 309 |
| BHNI (above Rs 10L) | 159.76x | 1 in 160 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Horizon Reclaim (India) SME IPO Allotment Status page from 17 June 2026 for your result.
Horizon Reclaim (India) SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 103.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 10.31 Cr | Rs 1,924.71 Cr | 186.72x |
| FII | - | Rs 309.70 Cr | - |
| DFI | - | Rs 260.61 Cr | - |
| Mutual Funds | - | Rs 32.69 Cr | - |
| Other | - | Rs 1,321.70 Cr | - |
| NII | Rs 7.74 Cr | Rs 3,490.28 Cr | 451.09x |
| bNII (above Rs 10L) | Rs 5.16 Cr | Rs 2,592.19 Cr | 502.53x |
| Corporate | - | Rs 38.51 Cr | - |
| Individual | - | Rs 2,527.26 Cr | - |
| Other | - | Rs 26.41 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 2.58 Cr | Rs 898.09 Cr | 348.22x |
| Corporate | - | Rs 6.95 Cr | - |
| Individual | - | Rs 878.67 Cr | - |
| Other | - | Rs 12.47 Cr | - |
| IND | Rs 18.05 Cr | Rs 5,563.48 Cr | 308.30x |
| Fixed price | - | Rs 5,563.48 Cr | - |
| Total | Rs 36.09 Cr | Rs 10,978.47 Cr | 304.19x |
Horizon Reclaim (India) SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 834 | 138 | 0.17x |
| FII | - | 24 | - |
| DFI | - | 10 | - |
| Mutual Funds | - | 3 | - |
| Other | - | 101 | - |
| NII | 209 | 43,868 | 209.89x |
| bNII (above Rs 10L) | 139 | 22,206 | 159.76x |
| Corporate | - | 308 | - |
| Individual | - | 21,675 | - |
| Other | - | 223 | - |
| sNII (Rs 2L to Rs 10L) | 70 | 21,662 | 309.46x |
| Corporate | - | 171 | - |
| Individual | - | 21,178 | - |
| Other | - | 313 | - |
| IND | 730 | 2,25,060 | 308.30x |
| Fixed price | - | 2,25,060 | - |
| Total | 1,773 | 2,69,066 | 151.76x |
What Do These Subscription Numbers Mean?
304.19x overall by shares means bids covered about 304 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 186.72x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (209.89x by applications). Split: SHNI 309.46x, BHNI 159.76x by applications. SHNI and BHNI allotment is by lottery.
At 308.30x subscription by applications, about 1 in 308 retail applicants may get allotment (~1% chance per application). Retail allotment is also by lottery.
Horizon Reclaim (India) SME IPO GMP After Subscription
GMP for Horizon Reclaim (India) SME stands at Rs 75.00 today, giving an estimated listing price of Rs 178.00 per share.
A subscription of 304.19x combined with a GMP of 72.82% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Horizon Reclaim (India) SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Horizon Reclaim (India) SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 12 June 2026 |
| IPO Close Date | 16 June 2026 |
| Allotment Date | 17 June 2026 |
| Refund Initiation | 18 June 2026 |
| Share Credit to Demat | 18 June 2026 |
| Listing Date | 19 June 2026 |
| Minimum Investment | Rs 2,47,200.00 |
| Lot Size | 1200 shares |
About Horizon Reclaim (India) SME
Horizon Reclaim (India) Limited, incorporated in 2006, specializes in the industrial recycling and manufacturing of high-quality reclaimed rubber products. The company converts discarded rubber materials—such as old scrap tires, inner tubes, tread peelings, and industrial rubber residues—into eco-friendly, value-added rubber compounds. Its comprehensive product array features Natural Rubber Reclaim (utilized in footwear soles, floor mats, and tire manufacturing underlayers), Synthetic Rubber Reclaim (including premium EPDM and Butyl rubber grades for automotive weather strips, hoses, and gaskets), and Crumb Rubber used in modified asphalt paving, athletic fields, and roofing applications.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Horizon Reclaim (India) SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Horizon Reclaim (India) SME Details
Issue size, price, financials, and company info
Horizon Reclaim (India) SME GMP
Live grey market premium and listing estimate
Horizon Reclaim (India) SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Horizon Reclaim (India) SME Allotment
Allotment date, chances, and check by PAN
Horizon Reclaim (India) SME Review
SWOT, strengths, risks, and IPO review
Horizon Reclaim (India) SME FAQ
Common questions on dates, GMP, and allotment
Horizon Reclaim (India) SME Registrar
Registrar website and how to check allotment
Horizon Reclaim (India) SME Timeline
Open, close, allotment, and listing dates
Horizon Reclaim (India) SME News
Updates, blogs, and latest IPO news
Horizon Reclaim (India) SME IPO Subscription FAQs
What is Horizon Reclaim (India) SME IPO subscription status today?
Horizon Reclaim (India) SME IPO subscription closed on 16 June 2026 with overall subscription of 304.19x (by shares) as of 15 September 2026, 12:17 PM IST. QIB 186.72x, NII 209.89x, IND 308.30x.
What is the overall subscription of Horizon Reclaim (India) SME IPO?
Horizon Reclaim (India) SME IPO is subscribed 304.19x overall by shares at close on 16 June 2026. QIB 186.72x, NII 209.89x, and IND 308.30x.
What is Horizon Reclaim (India) SME IPO QIB subscription?
Horizon Reclaim (India) SME IPO QIB (Qualified Institutional Buyers) subscription is 186.72x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Horizon Reclaim (India) SME IPO IND subscription?
Horizon Reclaim (India) SME IPO IND subscription is 308.30x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Horizon Reclaim (India) SME IPO NII, SHNI, and BHNI subscription?
Horizon Reclaim (India) SME IPO NII subscription is 209.89x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 309.46x and BHNI (above Rs 10L) at 159.76x.
What are Horizon Reclaim (India) SME IPO retail allotment chances?
At 308.30x subscription by applications, about 1 in 308 retail applicants may get allotment (~1% chance per application). Allotment is by lottery.
What are Horizon Reclaim (India) SME IPO SHNI allotment chances?
At 309.46x subscription by applications, about 1 in 309 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 348.22x. Allotment chances use applications, not share volume.
What are Horizon Reclaim (India) SME IPO BHNI allotment chances?
At 159.76x subscription by applications, about 1 in 160 BHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 502.53x. Allotment chances use applications, not share volume.
When is Horizon Reclaim (India) SME IPO allotment date?
Horizon Reclaim (India) SME IPO allotment date is 17 June 2026. Check Horizon Reclaim (India) SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Horizon Reclaim (India) SME IPO subscription close?
Horizon Reclaim (India) SME IPO subscription closed on 16 June 2026. No new applications are accepted after the close.
What is Horizon Reclaim (India) SME IPO GMP today?
Horizon Reclaim (India) SME IPO GMP is ₹75 today (+72.82% over issue price ₹103). See live GMP on the Horizon Reclaim (India) SME IPO GMP Today page.
What is Horizon Reclaim (India) SME IPO issue price and lot size?
Horizon Reclaim (India) SME IPO issue price is ₹103 per share. Lot size is 1200 shares. Minimum investment is ₹2,47,200 per lot (minimum 2 lots for SME). Issue size: ₹54.27 Cr.
When is Horizon Reclaim (India) SME IPO listing date?
Horizon Reclaim (India) SME IPO listing date is 19 June 2026 on NSE and BSE. Allotment is on 17 June 2026.
How does subscription affect Horizon Reclaim (India) SME IPO allotment?
In Horizon Reclaim (India) SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 304.19x overall, competition is very high.
For allotment results from 17 June 2026, visit the Horizon Reclaim (India) SME IPO Allotment Status page. For listing day updates on 19 June 2026, download the IPOwiz App.
Sources
We match Horizon Reclaim (India) SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.