Upcoming IPOs This Week (June 08–12): Horizon Reclaim (India) IPO Opens for Subscription on June 12

Written by: Kusum KumariUpdated on: 8 Jun 2026, 3:30 pm IST
Horizon Reclaim (India) IPO will open on June 12 and close on June 16. The SME issue aims to raise ₹54.27 crore through a fresh issue of shares.
Upcoming IPOs This Week
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Investors looking for new primary market opportunities can track the Horizon Reclaim (India) IPO, which is scheduled to open for subscription during the week of June 08–12. The SME IPO will be listed on the BSE SME platform and seeks to raise ₹54.27 crore through a fresh issue of equity shares.

Upcoming IPO this Week (June 08–12)

CompanyIssue CategoryPricing MethodOpening DateClosing DateIssue Price (₹)Issue Size (₹ Cr)Listing Platform
Horizon Reclaim (India) Ltd.SMEBook Building12-Jun-202616-Jun-2026₹98 – ₹10354.27BSE SME

Overview of Horizon Reclaim (India) IPO

Horizon Reclaim (India) IPO is a book-built SME issue worth ₹54.27 crore, consisting entirely of a fresh issue of approximately 52.69 lakh equity shares. The IPO will open for subscription on June 12, 2026, and close on June 16, 2026. The basis of allotment is expected to be finalised on June 17, 2026, while the shares are likely to be listed on the BSE SME platform on June 19, 2026.

The company has fixed a price band of ₹98 to ₹103 per share. Investors can bid in lots of 1,200 shares. For retail investors, the minimum application size is 2 lots (2,400 shares), requiring an investment of ₹2,47,200 at the upper price band. Non-institutional investors (HNIs) must apply for a minimum of 3 lots (3,600 shares), which translates into an investment of ₹3,70,800.

Investor CategoryMinimum LotsSharesInvestment Amount (at ₹103)
Retail Investor2 Lots2,400 Shares₹2,47,200
HNI/NII Investor3 Lots3,600 Shares₹3,70,800

Conclusion

Horizon Reclaim (India) IPO will be the key SME public issue opening during the week of June 08–12. With a fresh issue size of ₹54.27 crore and listing planned on the BSE SME platform, investors can watch the subscription response and company fundamentals before making an investment decision.

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jun 8, 2026, 10:00 AM IST

Kusum Kumari

Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.

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