{"id":116976,"date":"2026-06-15T10:06:50","date_gmt":"2026-06-15T04:36:50","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=116976"},"modified":"2026-06-15T10:06:52","modified_gmt":"2026-06-15T04:36:52","slug":"horizon-reclaim-ipo-gmp-day-4-listing-june-19","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/horizon-reclaim-ipo-gmp-day-4-listing-june-19\/","title":{"rendered":"Horizon Reclaim India IPO GMP at Rs 50 on Day 4 of Subscription \u2014 Expected Listing Price Rs 153 (+48.5%); IPO Closes Tomorrow June 16"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Horizon Reclaim IPO GMP Day 4: Rs 50. Issue Rs 103. Est. listing Rs 153 (+48.5%). Closes tomorrow June 16. Allotment June 17. Listing June 19 BSE SME.<\/em><\/p>\n<p>The <strong>Horizon Reclaim IPO<\/strong> grey market premium (GMP) has risen to Rs 50 on Day 4 of subscription (June 15, 2026), from Rs 33 on Day 1 (June 12), indicating strengthening grey market demand as the IPO nears its close. A GMP of Rs 50 on the upper price band of Rs 103 implies an estimated listing price of Rs 153 on BSE SME, representing a potential gain of approximately 48.5% for successful allottees. The <strong>Horizon Reclaim IPO<\/strong> subscription window closes TOMORROW, June 16, 2026 (the last day). Investors who wish to apply must submit their bids by 5 PM tomorrow through their broker&#8217;s app or net banking ASBA. Allotment is expected on June 17 and listing on BSE SME on June 19. The <strong>Horizon Reclaim IPO<\/strong> is a Rs 54.27 crore 100% fresh issue (no OFS) from Horizon Reclaim India Limited, a Saharanpur-based reclaimed rubber manufacturer.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=horizon-reclaim-gmp-day4\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/horizon-reclaim-ipo-gmp-day-4-listing-june-19\/#Horizon_Reclaim_IPO_Key_Details\" title=\"Horizon Reclaim IPO: Key Details\">Horizon Reclaim IPO: Key Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/horizon-reclaim-ipo-gmp-day-4-listing-june-19\/#Horizon_Reclaim_IPO_GMP_Trend_and_What_It_Signals\" title=\"Horizon Reclaim IPO: GMP Trend and What It Signals\">Horizon Reclaim IPO: GMP Trend and What It Signals<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/horizon-reclaim-ipo-gmp-day-4-listing-june-19\/#Horizon_Reclaim_IPO_Financials\" title=\"Horizon Reclaim IPO Financials\">Horizon Reclaim IPO Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/horizon-reclaim-ipo-gmp-day-4-listing-june-19\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/horizon-reclaim-ipo-gmp-day-4-listing-june-19\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/horizon-reclaim-ipo-gmp-day-4-listing-june-19\/#What_is_the_Horizon_Reclaim_IPO_GMP_today_and_what_does_it_mean\" title=\"What is the Horizon Reclaim IPO GMP today and what does it mean?\">What is the Horizon Reclaim IPO GMP today and what does it mean?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/horizon-reclaim-ipo-gmp-day-4-listing-june-19\/#Is_Horizon_Reclaim_IPO_a_good_IPO_to_apply_for_on_the_last_day\" title=\"Is Horizon Reclaim IPO a good IPO to apply for on the last day?\">Is Horizon Reclaim IPO a good IPO to apply for on the last day?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/horizon-reclaim-ipo-gmp-day-4-listing-june-19\/#What_is_Horizon_Reclaim_Indias_business\" title=\"What is Horizon Reclaim India&#8217;s business?\">What is Horizon Reclaim India&#8217;s business?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/horizon-reclaim-ipo-gmp-day-4-listing-june-19\/#How_to_check_Horizon_Reclaim_IPO_allotment_status\" title=\"How to check Horizon Reclaim IPO allotment status?\">How to check Horizon Reclaim IPO allotment status?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/horizon-reclaim-ipo-gmp-day-4-listing-june-19\/#Also_Read\" title=\"Also Read\">Also Read<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Horizon_Reclaim_IPO_Key_Details\"><\/span><strong>Horizon Reclaim IPO: Key Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width: 100%; border-collapse: collapse; font-size: 14px;\">\n<thead>\n<tr>\n<th style=\"border: 1px solid #000; padding: 7px 9px; background: #000; color: #fff; text-align: left;\">Parameter<\/th>\n<th style=\"border: 1px solid #000; padding: 7px 9px; background: #000; color: #fff; text-align: left;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Company<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Horizon Reclaim India Ltd<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">NSE\/BSE<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">BSE SME (on listing, June 19)<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Issue Size<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 54.27 crore (100% fresh issue)<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Price Band<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 98-103 per share (upper band Rs 103)<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">GMP Today (Day 4)<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 50<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Estimated Listing Price<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 153 (Rs 103 + Rs 50)<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Estimated Listing Gain<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">~48.5% over issue price<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">GMP Day 1<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 33 (June 12)<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">GMP Day 2<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">~Rs 35<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">GMP Day 3<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">~Rs 43<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Subscription window<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">June 12-16, 2026 (LAST DAY: tomorrow June 16)<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Minimum bid (retail)<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">2 lots = 2,400 shares = Rs 2,47,200 at upper band<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Allotment<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">June 17, 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Listing<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">June 19, 2026 (BSE SME)<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Business<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Reclaimed rubber manufacturer , circular economy<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">HQ<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Saharanpur, Uttar Pradesh<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Founded<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">2006<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div style=\"background: #E8EAFF; border-radius: 14px; padding: 28px 32px 24px 32px; margin: 24px 0; font-family: -apple-system,BlinkMacSystemFont,'Segoe UI',Roboto,sans-serif; cursor: pointer; max-width: 100%; box-sizing: border-box;\">\n<p style=\"font-size: 20px; font-weight: bold; color: #0a0a23; margin: 0 0 12px 0; line-height: 1.3;\">3 Stocks Building Serious Momentum Right Now<\/p>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 14px 0; line-height: 1.6;\">When <strong style=\"color: #0a0a23;\">Univest analysts<\/strong> identify high-conviction stock opportunities, <em>investors pay attention.<\/em><\/p>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 14px 0; line-height: 1.6;\">Our research team has now shortlisted the <strong style=\"color: #0a0a23;\">Top Stocks to Buy<\/strong> based on current market momentum, sector trends &amp; growth potential for 2026.<\/p>\n<ul style=\"margin: 0 0 16px 20px; padding: 0; color: #3a3a5c; font-size: 15px; line-height: 1.8;\">\n<li>Discover stocks investors are actively accumulating<\/li>\n<li>High-conviction opportunities backed by research<\/li>\n<li>Designed for the next phase of market growth<\/li>\n<\/ul>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 20px 0;\">Unlock the latest <a style=\"color: #3b7fff; font-weight: bold; text-decoration: none;\" href=\"https:\/\/univest.in\/user\/payment?planType=ALL_PRO%20PLANS\">Top Stock Picks<\/a> on Univest<\/p>\n<p><a style=\"display: inline-block; background: #3B7FFF; color: #fff; font-size: 15px; font-weight: 600; padding: 13px 28px; border-radius: 50px; letter-spacing: 0.2px; text-decoration: none;\" href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=horizon-reclaim-gmp-day4\" target=\"_blank\" rel=\"noopener\">See the Stocks \u2192<\/a><\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Horizon_Reclaim_IPO_GMP_Trend_and_What_It_Signals\"><\/span><strong>Horizon Reclaim IPO: GMP Trend and What It Signals<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Horizon Reclaim IPO<\/strong> GMP has shown a strong upward trend: Rs 5 (June 6, before subscription), Rs 33 (Day 1, June 12), Rs 35 (Day 2, June 13), Rs 43 (Day 3, June 14), Rs 50 (Day 4, today). A rising GMP during the subscription window typically indicates that subscription is building strongly, particularly in the QIB (Qualified Institutional Buyer) and HNI categories whose bids tend to dominate Day 3-5. For SME IPOs, a GMP rising to above 45-50% during subscription historically suggests a reasonable probability of strong listing. However, investors must note that GMP is unofficial and unregulated and can shift significantly between the last subscription day and actual listing day.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Horizon_Reclaim_IPO_Financials\"><\/span><strong>Horizon Reclaim IPO Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>For FY2026 (full year), Horizon Reclaim India reported total income of Rs 50.01 crore, EBITDA of Rs 16.32 crore (EBITDA margin of 32.6%), and profit after tax of Rs 10.50 crore. The <strong>Horizon Reclaim IPO<\/strong> at Rs 103 implies a market cap of approximately Rs 200-210 crore, giving a P\/E of approximately 20x on FY26 PAT and an EV\/EBITDA of approximately 12-14x. For a growing sustainable materials company in the circular economy sector, these multiples appear reasonable given the strong GMP and sector tailwinds.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Horizon Reclaim IPO GMP and Subscription on Univest<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Horizon Reclaim IPO<\/strong> GMP at Rs 50 (+48.5% over Rs 103 issue price) signals strong grey market demand on Day 4. IPO closes TOMORROW June 16. Allotment June 17. Listing June 19 BSE SME. Track live <strong>Horizon Reclaim IPO<\/strong> on Univest.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Horizon Reclaim IPO GMP, subscription and allotment live on Univest.<\/em><\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Horizon_Reclaim_IPO_GMP_today_and_what_does_it_mean\"><\/span><strong>What is the Horizon Reclaim IPO GMP today and what does it mean?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans. The Horizon Reclaim India IPO grey market premium (GMP) today on Day 4 of subscription is Rs 50. Based on the issue price of Rs 103 (upper price band), a GMP of Rs 50 implies an estimated listing price of Rs 153, representing a potential listing gain of approximately 48.5% for successful allottees on listing day, June 19, 2026. The GMP has risen sharply from Rs 33 on Day 1 (June 12) to Rs 50 on Day 4 (June 15), indicating strengthening grey market demand as the subscription window nears its close. GMP is an unofficial, unregulated indicator and actual listing price may differ significantly. Subscriptions close tomorrow, June 16.<\/strong><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Horizon_Reclaim_IPO_a_good_IPO_to_apply_for_on_the_last_day\"><\/span><strong>Is Horizon Reclaim IPO a good IPO to apply for on the last day?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans. Horizon Reclaim India IPO closes for subscription tomorrow, June 16, 2026. The company manufactures reclaimed rubber from used tyres, rubber tubes, and industrial rubber scrap, producing Natural Rubber Reclaim, Synthetic Rubber Reclaim, and Crumb Rubber. For FY2026, it reported total income of Rs 50.01 crore, EBITDA of Rs 16.32 crore (32.6% margin), and PAT of Rs 10.50 crore. The IPO is priced at Rs 98-103 with a market capitalisation of approximately Rs 200-210 crore at the upper band. On a trailing basis, the P\/E is approximately 15.51x (on 9M FY26 annualised PAT). The high GMP of Rs 50 (+48.5%) suggests strong listing gain potential, but investors should note that SME IPO GMPs can shift rapidly. The circular economy and sustainable rubber recycling positioning is structurally relevant for India&#8217;s growing tyre recycling market.<\/strong><\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Horizon_Reclaim_Indias_business\"><\/span><strong>What is Horizon Reclaim India&#8217;s business?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans. Horizon Reclaim India Limited, incorporated in 2006 and headquartered in Saharanpur, Uttar Pradesh, is one of India&#8217;s reclaimed rubber manufacturers. The company processes used tyres, rubber tubes, tread peelings, and industrial rubber scrap into three product types: Natural Rubber Reclaim (used in footwear, automotive components), Synthetic Rubber Reclaim (used in tyres and industrial rubber goods), and Crumb Rubber (used in construction, sports surfaces, and asphalt modification). Reclaimed rubber is 20-40% cheaper than virgin rubber and has a lower carbon footprint, making it a circular economy play. The company&#8217;s customers include tyre manufacturers, rubber goods manufacturers, and footwear companies.<\/strong><\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_to_check_Horizon_Reclaim_IPO_allotment_status\"><\/span><strong>How to check Horizon Reclaim IPO allotment status?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans. The allotment for Horizon Reclaim India IPO is expected to be finalised on June 17, 2026. To check your allotment status: visit the BSE website (www.bseindia.com), go to the IPO allotment status section, and enter your PAN number and application number. Alternatively, check the registrar&#8217;s website or through your broker&#8217;s app. If you applied through a broker, you will receive an allotment notification email from the registrar when the basis of allotment is finalised on June 17.<\/strong><\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Horizon Reclaim IPO GMP today and what does it mean?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Ans. The Horizon Reclaim India IPO grey market premium (GMP) today on Day 4 of subscription is Rs 50. Based on the issue price of Rs 103 (upper price band), a GMP of Rs 50 implies an estimated listing price of Rs 153, representing a potential listing gain of approximately 48.5% for successful allottees on listing day, June 19, 2026. The GMP has risen sharply from Rs 33 on Day 1 (June 12) to Rs 50 on Day 4 (June 15), indicating strengthening grey market demand as the subscription window nears its close. GMP is an unofficial, unregulated indicator and actual listing price may differ significantly. Subscriptions close tomorrow, June 16.\"}},{\"@type\":\"Question\",\"name\":\"Is Horizon Reclaim IPO a good IPO to apply for on the last day?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Ans. Horizon Reclaim India IPO closes for subscription tomorrow, June 16, 2026. The company manufactures reclaimed rubber from used tyres, rubber tubes, and industrial rubber scrap, producing Natural Rubber Reclaim, Synthetic Rubber Reclaim, and Crumb Rubber. For FY2026, it reported total income of Rs 50.01 crore, EBITDA of Rs 16.32 crore (32.6% margin), and PAT of Rs 10.50 crore. The IPO is priced at Rs 98-103 with a market capitalisation of approximately Rs 200-210 crore at the upper band. On a trailing basis, the P\/E is approximately 15.51x (on 9M FY26 annualised PAT). The high GMP of Rs 50 (+48.5%) suggests strong listing gain potential, but investors should note that SME IPO GMPs can shift rapidly. The circular economy and sustainable rubber recycling positioning is structurally relevant for India's growing tyre recycling market.\"}},{\"@type\":\"Question\",\"name\":\"What is Horizon Reclaim India's business?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Ans. Horizon Reclaim India Limited, incorporated in 2006 and headquartered in Saharanpur, Uttar Pradesh, is one of India's reclaimed rubber manufacturers. The company processes used tyres, rubber tubes, tread peelings, and industrial rubber scrap into three product types: Natural Rubber Reclaim (used in footwear, automotive components), Synthetic Rubber Reclaim (used in tyres and industrial rubber goods), and Crumb Rubber (used in construction, sports surfaces, and asphalt modification). Reclaimed rubber is 20-40% cheaper than virgin rubber and has a lower carbon footprint, making it a circular economy play. The company's customers include tyre manufacturers, rubber goods manufacturers, and footwear companies.\"}},{\"@type\":\"Question\",\"name\":\"How to check Horizon Reclaim IPO allotment status?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Ans. The allotment for Horizon Reclaim India IPO is expected to be finalised on June 17, 2026. To check your allotment status: visit the BSE website (www.bseindia.com), go to the IPO allotment status section, and enter your PAN number and application number. 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Allotment June 17. Listing June 19 BSE SME.<\/p>\n","protected":false},"author":34,"featured_media":117220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[1352],"class_list":["post-116976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-ipo-gmp"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1781498216:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["1281"],"rank_math_seo_score":["78"],"rank_math_title":["Horizon Reclaim IPO GMP Rs 50: Listing June 19"],"rank_math_description":["Horizon Reclaim IPO GMP now at Rs 50 on Day 4. Estimated listing Rs 153 (+48.5%). IPO closes TOMORROW June 16. Issue price Rs 103. BSE SME listing June 19. 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