Horizon Reclaim (India) Ltd. has announced public offering of 5218800 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 93.00 per share. The gross proceeds of the issue are expected to be Rs 5,375.36 lakhs.
The company's initial public offer (IPO) will open on 12 June 2026 and is expected to close on 16 June 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 98.00-103.00 per share.
The IPO includes a fresh Issue of 5218800 Equity Shares of the Company at an price of Rs 103.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.
Horizon Reclaim (India) Ltd. anticipates using the proceeds of the issue for .
GYR Capital Advisors Pvt. Ltd. as lead manager & KFin Technologies Ltd. is the registrar, to the issue.