Horizon Reclaim
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Grey market premium
Unofficial and indicative — not a forecast
Day-wise premium · 7 observations
| Date | GMP | % | Sauda | Est. listing | Gain / lot |
|---|---|---|---|---|---|
| 19 Jun 2026 | ₹75 | +72.82% | ₹68,400 | ₹178 | ₹90,000 |
| 18 Jun 2026 | ₹75 | +72.82% | ₹68,400 | ₹178 | ₹90,000 |
| 17 Jun 2026 | ₹54 | +52.43% | ₹49,200 | ₹157 | ₹64,800 |
| 16 Jun 2026 | ₹55 | +53.40% | ₹50,200 | ₹158 | ₹66,000 |
| 15 Jun 2026 | ₹63 | +61.17% | ₹57,500 | ₹166 | ₹75,600 |
| 14 Jun 2026 | ₹57 | +55.34% | ₹52,000 | ₹160 | ₹68,400 |
| 13 Jun 2026 | ₹57 | +55.34% | ₹52,000 | ₹160 | ₹68,400 |
Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.
Issue details
- IPO date
- 12 Jun 2026 – 16 Jun 2026
- Listing date
- 19 Jun 2026
- Face value
- ₹10 per share
- Price band
- ₹103
- Issue price
- ₹103 per share
- Lot size
- 1,200 shares
- Issue type
- Book Building issue
- Listing at
- BSE SME
- Total issue size
- ₹54.27 Cr
- Market cap at offer price
- ₹201 Cr
- Promoter holding
- 95.84% → 69.97% pre-issue → post-issue
- ISIN
- INE1SEO01013
- Registrar
- Kfin Technologies Ltd.
- Lead managers
- GYR Capital Advisors Pvt.Ltd.
- Registered office
- Khasra no.9, Dehradun Road, Near Nirankari Bhawan, Village-Kumar Hera, Uttar Pradesh
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 15,01,200 | — | — |
| Market maker | 2,64,000 | — | — |
Application size
Minimum 1,200 shares per lot, in multiples, at ₹103
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,200 | ₹1,23,600 |
| S-HNI (min) | 2 | 2,400 | ₹2,47,200 |
| S-HNI (max) | 8 | 9,600 | ₹9,88,800 |
| B-HNI (min) | 9 | 10,800 | ₹11,12,400 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Valuation and performance
Valuation at offer price
₹103 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 7.37 | 5.38 |
| P/E (×) | 13.98 | 19.14 |
| Price to book (×) | 5.91 | — |
| Market cap | — | ₹201 Cr |
Key performance indicators
Latest reported period
- Return on net worth
- 42.29%
- ROCE
- 25.45%
- Debt / equity
- 1.44
- PAT margin
- 21.25%
- EBITDA margin
- 32.64%
- NAV per share
- ₹17.43
- Price to book
- 5.91
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.