BSE SME Horizon Reclaim hits the road running on listing day
Mumbai, June 19 -- The scrip was listed at Rs 151, a 46.60% premium the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.
The counter hit a high of Rs 152 and a low of Rs 143.45. About 20.56 lakh shares of the company changed hands at the counter.
Horizon Reclaim (India)'s IPO was subscribed 282.87 times. The issue opened for bidding on 12 June 2026 and it closed on 16 June 2026. The price band of the IPO was fixed between Rs 98 to Rs 103 per share.
The IPO comprised 52,69,200 equity shares. The company intends to utilise the net proceeds for funding the working capital requirements of the company, pre-payment or repayment of all or a portion of certain outstanding borrowin...
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