{"id":118317,"date":"2026-06-16T00:40:00","date_gmt":"2026-06-15T19:10:00","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=118317"},"modified":"2026-06-15T17:11:21","modified_gmt":"2026-06-15T11:41:21","slug":"horizon-reclaim-india-ipo-gmp-day-3-subscription-closes-june-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/horizon-reclaim-india-ipo-gmp-day-3-subscription-closes-june-2026\/","title":{"rendered":"Horizon Reclaim India IPO GMP Day 3: Rs 50, Est. Listing Rs 153 on June 19"},"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 India IPO GMP Rs 50 on Day 3. Est. listing Rs 153 (+48.5%). Issue price Rs 103. Subscription closes June 15. Allotment June 17. Listing June 19 on BSE SME.<\/em><\/p>\n<p>The <strong>Horizon Reclaim India IPO GMP<\/strong> on Day 3 (June 15, 2026) stands at Rs 50 per share, implying an estimated listing price of Rs 153 and a potential gain of 48.5% over the issue price of Rs 103 for allottees. Subscription for this Rs 54.27 crore BSE SME IPO closes today. The Day 1 subscription was 5.92 times overall, reflecting strong retail interest from the opening session. The company is expected to list on BSE SME on June 19, 2026, with allotment finalised on June 17.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=horizon-reclaim-ipo-gmp-day3\"><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-india-ipo-gmp-day-3-subscription-closes-june-2026\/#Horizon_Reclaim_India_IPO_GMP_Day_3_Full_Issue_Details\" title=\"Horizon Reclaim India IPO GMP Day 3: Full Issue Details\">Horizon Reclaim India IPO GMP Day 3: Full Issue 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-india-ipo-gmp-day-3-subscription-closes-june-2026\/#Horizon_Reclaim_India_IPO_GMP_Trend_Day_1_to_Day_3\" title=\"Horizon Reclaim India IPO GMP Trend: Day 1 to Day 3\">Horizon Reclaim India IPO GMP Trend: Day 1 to Day 3<\/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-india-ipo-gmp-day-3-subscription-closes-june-2026\/#About_Horizon_Reclaim_India_Limited_Business_and_Financials\" title=\"About Horizon Reclaim India Limited: Business and Financials\">About Horizon Reclaim India Limited: Business and 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-india-ipo-gmp-day-3-subscription-closes-june-2026\/#How_to_Apply_for_Horizon_Reclaim_India_IPO_on_the_Last_Day\" title=\"How to Apply for Horizon Reclaim India IPO on the Last Day\">How to Apply for Horizon Reclaim India IPO on the Last Day<\/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-india-ipo-gmp-day-3-subscription-closes-june-2026\/#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-6\" href=\"https:\/\/univest.in\/blogs-2\/horizon-reclaim-india-ipo-gmp-day-3-subscription-closes-june-2026\/#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-7\" href=\"https:\/\/univest.in\/blogs-2\/horizon-reclaim-india-ipo-gmp-day-3-subscription-closes-june-2026\/#What_is_the_Horizon_Reclaim_India_IPO_GMP_on_Day_3\" title=\"What is the Horizon Reclaim India IPO GMP on Day 3?\">What is the Horizon Reclaim India IPO GMP on Day 3?<\/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-india-ipo-gmp-day-3-subscription-closes-june-2026\/#What_is_the_subscription_status_of_Horizon_Reclaim_India_IPO_on_Day_3\" title=\"What is the subscription status of Horizon Reclaim India IPO on Day 3?\">What is the subscription status of Horizon Reclaim India IPO on Day 3?<\/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-india-ipo-gmp-day-3-subscription-closes-june-2026\/#What_does_the_Horizon_Reclaim_India_IPO_GMP_of_Rs_50_indicate\" title=\"What does the Horizon Reclaim India IPO GMP of Rs 50 indicate?\">What does the Horizon Reclaim India IPO GMP of Rs 50 indicate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/horizon-reclaim-india-ipo-gmp-day-3-subscription-closes-june-2026\/#What_is_the_Horizon_Reclaim_India_IPO_price_band_and_lot_size\" title=\"What is the Horizon Reclaim India IPO price band and lot size?\">What is the Horizon Reclaim India IPO price band and lot size?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/horizon-reclaim-india-ipo-gmp-day-3-subscription-closes-june-2026\/#What_is_Horizon_Reclaim_India_Limited_and_what_does_it_do\" title=\"What is Horizon Reclaim India Limited and what does it do?\">What is Horizon Reclaim India Limited and what does it do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/horizon-reclaim-india-ipo-gmp-day-3-subscription-closes-june-2026\/#What_are_the_Horizon_Reclaim_India_IPO_financials\" title=\"What are the Horizon Reclaim India IPO financials?\">What are the Horizon Reclaim India IPO financials?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/horizon-reclaim-india-ipo-gmp-day-3-subscription-closes-june-2026\/#What_is_the_Horizon_Reclaim_India_IPO_listing_date\" title=\"What is the Horizon Reclaim India IPO listing date?\">What is the Horizon Reclaim India IPO listing date?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/horizon-reclaim-india-ipo-gmp-day-3-subscription-closes-june-2026\/#Should_I_apply_for_Horizon_Reclaim_India_IPO_on_the_last_day\" title=\"Should I apply for Horizon Reclaim India IPO on the last day?\">Should I apply for Horizon Reclaim India IPO on the last day?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Horizon_Reclaim_India_IPO_GMP_Day_3_Full_Issue_Details\"><\/span><strong>Horizon Reclaim India IPO GMP Day 3: Full Issue Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below summarises all key parameters of the Horizon Reclaim India IPO, including the Day 3 GMP, subscription data, and timeline, to help investors decide before the subscription window closes today.<\/p>\n<table style=\"width: 100%; border-collapse: collapse; margin: 16px 0;\">\n<thead>\n<tr style=\"background: #000000;\">\n<th style=\"color: #ffffff; padding: 8px 12px; text-align: left; font-size: 13px;\">Parameter<\/th>\n<th style=\"color: #ffffff; padding: 8px 12px; text-align: left; font-size: 13px;\">Detail<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Issue Size<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Rs 54.27 crore (fresh issue only, no OFS)<\/td>\n<\/tr>\n<tr style=\"background: #F9F9F9;\">\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Price Band<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Rs 98 to Rs 103 per share<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Lot Size<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">1,200 shares (minimum 2 lots = 2,400 shares for retail)<\/td>\n<\/tr>\n<tr style=\"background: #F9F9F9;\">\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Minimum Investment<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Rs 2,47,200 (retail) | Rs 3,70,800 (S-HNI)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">GMP Today (Day 3)<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Rs 50 | Estimated listing price Rs 153 (+48.5%)<\/td>\n<\/tr>\n<tr style=\"background: #F9F9F9;\">\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Day 1 Subscription (June 12)<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">5.92x overall<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Subscription Closes<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">June 15, 2026 (today)<\/td>\n<\/tr>\n<tr style=\"background: #F9F9F9;\">\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Allotment<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">June 17, 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Listing<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">June 19, 2026 on BSE SME<\/td>\n<\/tr>\n<tr style=\"background: #F9F9F9;\">\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">BRLM<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">GYR Capital Advisors Pvt Ltd<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Registrar<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">KFin Technologies Limited<\/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\/log-in?redirectUrl=%2Fuser%2Fpayment%3FplanType%3DALL_PRO%2BPLANS%26cacheClear%3D1780639629052\">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-ipo-gmp-day3\" target=\"_blank\" rel=\"noopener\">See the Stocks \u2192<\/a><\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Horizon_Reclaim_India_IPO_GMP_Trend_Day_1_to_Day_3\"><\/span><strong>Horizon Reclaim India IPO GMP Trend: Day 1 to Day 3<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Horizon Reclaim India IPO GMP<\/strong> has seen significant movement since the pre-subscription grey market opened in early June. The GMP started at Rs 5 on June 6, rose to a high of Rs 53 on June 11 (day before subscription opened), fell to Rs 33 on Day 1 (June 12), and has recovered to Rs 50 on Day 3 (June 15). The GMP trajectory shows sustained grey market interest, with the current Rs 50 level pointing to a listing well above the issue price.<\/p>\n<table style=\"width: 100%; border-collapse: collapse; margin: 16px 0;\">\n<thead>\n<tr style=\"background: #000000;\">\n<th style=\"color: #ffffff; padding: 8px 12px; text-align: left; font-size: 13px;\">Date<\/th>\n<th style=\"color: #ffffff; padding: 8px 12px; text-align: left; font-size: 13px;\">GMP (Rs)<\/th>\n<th style=\"color: #ffffff; padding: 8px 12px; text-align: left; font-size: 13px;\">Estimated Listing Price<\/th>\n<th style=\"color: #ffffff; padding: 8px 12px; text-align: left; font-size: 13px;\">Implied Gain<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">June 6, 2026 (pre-open)<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Rs 5<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Rs 108<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">4.9%<\/td>\n<\/tr>\n<tr style=\"background: #F9F9F9;\">\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">June 11, 2026 (pre-open)<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Rs 53 (high)<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Rs 156<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">51.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">June 12, 2026 (Day 1)<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Rs 33<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Rs 136<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">32%<\/td>\n<\/tr>\n<tr style=\"background: #F9F9F9;\">\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">June 15, 2026 (Day 3)<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Rs 50<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">Rs 153<\/td>\n<td style=\"padding: 8px 12px; border-bottom: 1px solid #E0E0E0;\">48.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Ankit Jaiswal, Senior Research Analyst at Univest, notes that a GMP of Rs 50 on Day 3 of a BSE SME IPO is a meaningful positive signal. For an SME issue of this size (Rs 54.27 crore, fresh issue only), the combination of a 5.92x Day 1 subscription and a sustained Day 3 GMP of Rs 50 suggests institutional and HNI category demand has been building through the week. The final subscription multiple across categories will be the critical data point for assessing allotment probability.<\/p>\n<p>Kunal Singla, Associate Director at Univest, observes that the pure fresh issue structure of the Horizon Reclaim India IPO, with no Offer for Sale component, means all proceeds flow into the business. This is viewed positively by grey market participants as it signals promoter confidence and a business-first capital raise rather than an early investor exit.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Horizon Reclaim India IPO subscription, GMP, and allotment live on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"About_Horizon_Reclaim_India_Limited_Business_and_Financials\"><\/span><strong>About Horizon Reclaim India Limited: Business and Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Horizon Reclaim India Limited, incorporated in 2006 and headquartered in Saharanpur, Uttar Pradesh, manufactures reclaimed rubber from used tyres, rubber tubes, tread peelings, and industrial rubber scrap. Its product portfolio spans Natural Rubber Reclaim (used in footwear soles, floor mats, and tyre base layers), Synthetic Rubber Reclaim (used in automotive seals, hoses, and gaskets), and Crumb Rubber (used in road construction, sports surfaces, and roofing sheets).<\/p>\n<p>For FY26, the company reported total income of Rs 50.01 crore (up from Rs 36.39 crore in FY25), EBITDA of Rs 16.32 crore, and profit after tax of Rs 10.50 crore. The company raised over Rs 15 crore from anchor investors before the IPO opened, with Bandhan Mutual Fund, Nova Global Opportunities Fund PCC &#8211; Touchstone, and Finavenue Growth Fund participating in the anchor allocation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Apply_for_Horizon_Reclaim_India_IPO_on_the_Last_Day\"><\/span><strong>How to Apply for Horizon Reclaim India IPO on the Last Day<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors who have not yet applied can still do so today, June 15, 2026, through ASBA (Applications Supported by Blocked Amount) via net banking or through the UPI route on broker platforms. The UPI mandate must be confirmed before the subscription window closes at 5 PM today. Retail investors should apply for a minimum of 2 lots (2,400 shares = Rs 2,47,200 at the upper price band of Rs 103).<\/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 India IPO GMP, subscription, and allotment live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Horizon Reclaim India IPO GMP on Day 3 (June 15, 2026) stands at Rs 50, implying an estimated listing price of Rs 153 and a potential 48.5% listing gain for allottees when the stock lists on BSE SME on June 19. The subscription window closes today. Ankit Jaiswal and Kunal Singla at Univest note that the GMP trajectory and Day 1 subscription of 5.92x reflect positive market sentiment, but remind investors that GMP is unofficial and listing gains are never guaranteed. Evaluate fundamentals and risk appetite before applying.<\/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_India_IPO_GMP_on_Day_3\"><\/span><strong>What is the Horizon Reclaim India IPO GMP on Day 3?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Horizon Reclaim India IPO GMP (grey market premium) on Day 3, June 15, 2026, is approximately Rs 50 per share. Based on the upper price band of Rs 103, this implies an estimated listing price of Rs 153, representing a potential listing gain of 48.5% for allottees when the stock lists on BSE SME on June 19, 2026. GMP is an unofficial indicator and is not regulated by SEBI.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_subscription_status_of_Horizon_Reclaim_India_IPO_on_Day_3\"><\/span><strong>What is the subscription status of Horizon Reclaim India IPO on Day 3?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> On Day 1 (June 12, 2026), the Horizon Reclaim India IPO was subscribed 5.92 times overall, indicating strong demand from the opening day itself. The subscription window closes today, June 15, 2026. The final subscription numbers across QIB, NII, and Retail categories will be available after market hours today.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_the_Horizon_Reclaim_India_IPO_GMP_of_Rs_50_indicate\"><\/span><strong>What does the Horizon Reclaim India IPO GMP of Rs 50 indicate?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> A GMP of Rs 50 on the Horizon Reclaim India IPO implies that shares are trading in the unofficial grey market at Rs 153, which is Rs 50 above the issue price of Rs 103. This level of GMP indicates strong grey market demand and positive listing sentiment. However, GMP is unregulated and can change significantly before the actual listing date of June 19.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Horizon_Reclaim_India_IPO_price_band_and_lot_size\"><\/span><strong>What is the Horizon Reclaim India IPO price band and lot size?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Horizon Reclaim India IPO price band is Rs 98 to Rs 103 per share. The lot size is 1,200 shares. Retail investors must apply for a minimum of 2 lots (2,400 shares), requiring an investment of Rs 2,47,200 at the upper price band of Rs 103. S-HNI investors must apply for a minimum of 3 lots (3,600 shares), totalling Rs 3,70,800.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Horizon_Reclaim_India_Limited_and_what_does_it_do\"><\/span><strong>What is Horizon Reclaim India Limited and what does it do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Horizon Reclaim India Limited is a Saharanpur, Uttar Pradesh-based manufacturer of reclaimed rubber products, incorporated in 2006. It processes used tyres, rubber tubes, tread peelings, and industrial rubber waste into three product categories: Natural Rubber Reclaim (footwear, floor mats, tyres), Synthetic Rubber Reclaim (automotive seals, gaskets), and Crumb Rubber (road construction, sports surfaces, roofing).<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_Horizon_Reclaim_India_IPO_financials\"><\/span><strong>What are the Horizon Reclaim India IPO financials?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> For FY26, Horizon Reclaim India reported total income of Rs 50.01 crore, up from Rs 36.39 crore in FY25. EBITDA improved to Rs 16.32 crore from Rs 10.46 crore. Profit after tax rose to Rs 10.50 crore from Rs 7.07 crore. Total assets stood at Rs 64.88 crore and net worth was Rs 24.83 crore at the end of FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Horizon_Reclaim_India_IPO_listing_date\"><\/span><strong>What is the Horizon Reclaim India IPO listing date?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Horizon Reclaim India IPO is expected to list on the BSE SME platform on June 19, 2026. Allotment of shares will be finalised on June 17, 2026, with shares credited to successful applicants&#8217; demat accounts on June 18, 2026. Refunds for unsuccessful applications will also be processed on June 18.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_apply_for_Horizon_Reclaim_India_IPO_on_the_last_day\"><\/span><strong>Should I apply for Horizon Reclaim India IPO on the last day?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Horizon Reclaim India IPO GMP of Rs 50 and the Day 1 subscription of 5.92x indicate positive market sentiment. However, a strong GMP does not guarantee listing gains and investors should evaluate the company&#8217;s fundamentals, valuation, and sector prospects before applying. Always consult a SEBI-registered investment adviser before investing in any IPO.<\/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 India IPO GMP on Day 3?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Horizon Reclaim India IPO GMP (grey market premium) on Day 3, June 15, 2026, is approximately Rs 50 per share. Based on the upper price band of Rs 103, this implies an estimated listing price of Rs 153, representing a potential listing gain of 48.5% for allottees when the stock lists on BSE SME on June 19, 2026. 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Allotment of shares will be finalised on June 17, 2026, with shares credited to successful applicants' demat accounts on June 18, 2026. Refunds for unsuccessful applications will also be processed on June 18.\"}},{\"@type\":\"Question\",\"name\":\"Should I apply for Horizon Reclaim India IPO on the last day?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Horizon Reclaim India IPO GMP of Rs 50 and the Day 1 subscription of 5.92x indicate positive market sentiment. However, a strong GMP does not guarantee listing gains and investors should evaluate the company's fundamentals, valuation, and sector prospects before applying. Always consult a SEBI-registered investment adviser before investing in any IPO.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Horizon Reclaim India IPO GMP on Day 3 (June 15, 2026) is Rs 50, implying an estimated listing price of Rs 153 and a 48.5% listing gain over the Rs 103 issue price. Subscription closes today. Allotment June 17, BSE SME listing June 19.<\/p>\n","protected":false},"author":34,"featured_media":118322,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[4024],"class_list":["post-118317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-ipo-gmp-day-3"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1781523689:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["1281"],"rank_math_seo_score":["77"],"rank_math_title":["Horizon Reclaim India IPO GMP Day 3: Rs 50, Est. Listing Rs 153 on June 19"],"rank_math_description":["Horizon Reclaim India IPO GMP on Day 3 (June 15, 2026) stands at Rs 50, implying an estimated listing price of Rs 153, a 48.5% gain over the issue price of Rs 103. 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