anubhai
Back Office| Horizon Reclaim (India) Ltd |
|---|
| Registered Office: Khasra No.9 Dehradun Rd, Kumar Hera Village, Saharanpur - 247001, Uttar Pradesh |
| Phone: 1 |
| Email: 1 |
| Website: 1 |
| Initial public offer of 52,69,200 equity shares of face value Rs.10/- each (the "Equity Shares") of Horizon Reclaim (India) Limited (the "Company" or "Horizon" or "Issuer") at an issue price of Rs. 103 per equity share (including a share premium of Rs. 93 per equity share) for cash, aggregating Rs. 54.27 Crores ("Public Issue") out of which 2,64,000 equity shares of face value Rs.10/- each, at an issue price of Rs. 103 per equity share for cash, aggregating Rs. 2.72 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The public issue less 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. 103 per equity share for cash, aggregating Rs. 51.55 Crores is hereinafter referred to as the "Net Issue". The public issue and 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. 103/- per equity share of face value Rs. 10/- each. The floor 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. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 12-Jun-2026 | 16-Jun-2026 | 103.00 - 0.00 | 0.00 - 0.00 |
| Cr. | Lead Managers to the Issue |
|---|---|
| Project Cost | 49.93 |
| Project Financed through Current Offer | 54.27 |
| Post Issue Equity Share Capital | 19.52 |
| Issue Price | 103.00 |
| 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 |
| BSE - SME |
| Registrar to the Issue |
|---|
| KFin Technologies Ltd |