Horizon Reclaim (India) Ltd IPO |
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 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-26 |
16-Jun-26 |
(Rs)103.00-0.00 |
(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 |
49.93 |
| GYR Capital Advisors Private Limited |
|
| Project Financed through Current Offer |
54.27 |
|
| Post Issue Equity Share Capital |
19.52 |
|
| Issue Price |
(Rs)103.00 |
|
|