| Horizon Reclaim (India) 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 Rs10/- each (the "Equity Shares") of Horizon Reclaim (India) Limited ("The Company" or the "Issuer") for cash at an issue price of Rs98-103 per equity share (including securities premium of Rs88-93 per equity share) ("Issue Price"), aggregating up to Rs51.64-54.27 Crores (the "Issue") of which 2,64,000 equity shares aggregating to Rs2.59-2.72 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 Rs10 each at an issue price of Rs98-103 per equity share aggregating upto Rs49.05-51.55 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: Rs98/- to Rs103/- per equity share of face value Rs10/- 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. |
| |
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 12-Jun-26 |
16-Jun-26 |
Rs
98.00-103.00
|
Rs
0.00-0.00
|
| Minimum Application for shares in Nos :
2400
Further Multiples of :
1200
|
| |
| |
Rs Cr |
Lead Managers to the Issue |
| Project Cost |
0.00 |
GYR Capital Advisors Private Limited |
| Project Financed through Current Offer |
51.64 |
|
| Post Issue Equity Share Capital |
19.52 |
|
| Issue Price |
Rs.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 |
|
|
| Registrar to the Issue |
| KFin Technologies Ltd |
|
| |
|