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Issue Open Date
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12-Jun-26
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Issue Closing Date
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16-Jun-26
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Application Money
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100
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Allotment Money
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Price Band
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98
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103
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Minimium Application No.
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2400
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Issue Size (Shares)
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5269200
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Market Lot
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1
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Objective
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1. Funding the working capital requirements of our company; 2. Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by our Company; 3. Funding Capital Expenditure for the installation of additional Plant & Machinery and 4. To meet General corporate purposes
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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Qualified Institutional Buyers
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Retail Individual Investors
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Business Description:
We offer reclaimed rubber in three main categories: (i) Natural Rubber Reclaim, produced from rubber tyre casings and tube commonly used in footwear soles, floor mats, tyre base layers, and moulded rubber products, (ii) Synthetic Rubber Reclaim, which includes EPDM and Butyl Reclaim Rubber suitable for applications requiring resistance to oil, heat, and weather, such as automotive seals, hoses, gaskets, and construction profiles and (iii) Crumb rubber made from recycle tyres and used in road construction, sport surfaces and construction materials like roofing sheets. Products are supplied in different grades depending on customer requirements. To manufacture reclaimed rubber, we rely on a steady supply of used rubber materials, sourced both domestically and through imports. Domestic sourcing is carried out through tyre dismantlers, waste collectors, and scrap dealers across various states in India. The principal raw materials include whole tyres (radial and tubeless), scrap tubes, scrap butyl tubes, scrap natural tubes, and other rubber scrap. By Sourcing from multiple locations, we ensures regular availability of raw materials and supports uninterrupted production.
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Promoter's Holding
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Total Share Capital
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13653965
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Offered to Public
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5269200
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Promoter's Holding (Pre-Issue)
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95.84
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Promoter's Holding (Post-Issue)
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Address |
Khasra No. 9
Dehradun Road
Near Nirankari Bhawan
Village - Kumar Hera
Saharanpur
,
Uttar Pradesh
,
247001
Phone :
8910014345
Email :
cs@horizonreclaim.com
Website :
https://horizonreclaim.com/
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Registrar |
KFIN Technologies Ltd.
301
The Centrium
3rd Floor
57
Lal Bahadur Shastri Road
Nav Pada
Kurla (West)
Mumbai
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Listed at |
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BSE
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Lead Manager |
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GYR Capital Advisors Pvt Ltd.
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Promoters |
Malika Bajaj
Mohit Bajaj
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