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horizon reclaim (india) ltd

Horizon Reclaim (India) Ltd

Issue
Opens On	Closes On
12-Jun-26	16-Jun-26

Money Payable On
Application	Allotment
98.00	0.00

Minimum Application for shares in Nos : 2400 Further Multiples of : 1200

Lead Managers to the Issue
Project Cost (₹.Cr)	0.00	GYR Capital Advisors Private Limited
Project Financed through Current Offer (₹.Cr)	51.64
Post Issue Equity Share Capital (₹.Cr)	19.52
Issue Price (₹)	98.00

Projects

Funding the working capital requirements of the Company

Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by its Company

Funding Capital Expenditure for the installation of additional Plant & Machinery

General corporate purposes

Promoted By

Mohit Bajaj

Malika Bajaj

Ashok Kumar Bajaj HUF

Listing At

BSE - SME

Registrar to the Issue

KFin Technologies Ltd

Registered Office: Khasra No.9 Dehradun Rd,Kumar Hera Village, Saharanpur - 247001, Uttar Pradesh, India. Phone : +91 81710 00900 Fax:
Email : cs@horizonreclaim.com
Website :https://horizonreclaim.com/

Initial public offer of up to 52,69,200* equity shares of face value Rs.10/- each (the "Equity Shares") of Horizon Reclaim (India) Limited ("The Company" or the "Issuer") for cash at an issue price of Rs. 98-103 per equity share (including securities premium of Rs. 88-93 per equity share) ("Issue Price"), aggregating up to Rs. 51.64-54.27 Crores (the "Issue") of which 2,64,000 equity shares aggregating to Rs. 2.59-2.72 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Issue of 50,05,200 equity shares of face value of Rs.10 each at an issue price of Rs. 98-103 per equity share aggregating upto Rs. 49.05-51.55 Crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.00% and 25.65% respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 98/- to Rs. 103/- per equity share of face value Rs. 10/- each. The floor price is 9.8 times of the face value and the cap price is 10.3 times of the face value of the equity shares. Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.

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