Horizon Reclaim (India) Ltd Share Price

Horizon Reclaim (India) Limited was originally incorporated as Horizon Reclaim (India) Private Limited as a Private Limited Company at Saharanpur, dated August 21, 2006, with the Registrar of Companies, Uttar Pradesh and Uttaranchal. Thereafter, name of the Company was changed from Horizon Reclaim (India) Private Limited to Horizon Reclaim (India) Limited, and a fresh certificate of incorporation was issued by the Central Processing Centre on May 06, 2025. Company is engaged in the manufacturing of reclaimed rubber, which is recycled rubber derived from used rubber materials such as old tyres, rubber tubes, tread peelings, and industrial scrap, including Ethylene Propylene Diene Monomer (EPDM), a synthetic rubber known for its excellent resistance to heat. It offer reclaimed rubber in three main categories: (i) Natural Rubber Reclaim, produced from rubber tyre casings and tube commonly used in footwear soles, floor mats, tyre base layers, and moulded rubber products, (ii) Synthetic Rubber Reclaim, which includes EPDM and Butyl Reclaim Rubber suitable for applications requiring resistance to oil, heat, and weather, such as automotive seals, hoses, gaskets, and construction profiles and (iii) Crumb rubber made from recycle tyres and used in road construction, sport surfaces and construction materials like roofing sheets.In addition, Company has completed the construction and installation of plant and machinery at the manufacturing facility at Bhagwanpur, Haridwar (Unit III). While the development of this facility has been completed, commercial operations at this unit are yet to commence. Further, Company is in process of establishing a manufacturing facility at Village Gundala, Rajkot, Gujarat (Unit II) to manufacture pyrolysis oil. The development of this unit is substantially completed, including construction of the necessary structures and installation of pyrolysis reactors.Company has filed a Draft Prospectus with SEBI and is planning the issuance of 54,00,000 Equity Shares of Rs 10 each through Fresh Issue.