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Listed SME

Horizon Reclaim (India) IPO Subscription Status

Horizon Reclaim (India) IPO was subscribed 282.87 times when bidding closed on 16 Jun 2026: QIB 186.72x, NII 333.79x, Retail 308.3x.

The Horizon Reclaim (India) IPO has been subscribed 282.87x times overall. Retail investors have shown interest with bids for 308.3x the shares available. The Non-Institutional Investor (NII) category has been subscribed 333.79x. Within NII, Big HNI (B-HNI) subscribed 502.94x and Small HNI (S-HNI) subscribed 347.66x. Qualified Institutional Buyers (QIBs) have subscribed 186.72x. Data last updated on 03 Sep, 02:49 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 12 Jun, 2026 and closes on 16 Jun, 2026. The shares are expected to list on stock exchanges on 19 Jun, 2026.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 03 Sep 2026, 02:49 PM
Category Bid details Times
Anchor Investors - of 15,23,000 1x
QIB 18,68,65,200 of 10,00,800 138 applications 186.72x
NII 33,88,62,000 of 10,15,200 43,868 applications 333.79x
bHNI — bid amount above ₹10 Lakh
25,16,68,800 22,206 applications 502.94
sHNI — bid amount ₹2–10 Lakh
8,71,93,200 21,662 applications 347.66
Retail 54,01,44,000 of 17,52,000 2,25,060 applications 308.30x
TOTAL 1,06,58,71,200 2,69,066 applications 282.87x

Horizon Reclaim (India) IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 154
~0.6% chance per PAN — 2,25,060 applicants for 1,460 allotment slots. Winners get exactly 1 lot (₹1.2 L) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 208
~0.5% chance — 21,662 applicants for 104 allotment slots. Lottery allots the minimum S-HNI application of 2 lots (₹2.5 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 107
~0.9% chance — 22,206 applicants for 208 allotment slots. Lottery allots the minimum NII application of 2 lots (₹2.5 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
186.72x
Proportionate allotment — at 186.72x, institutions receive ~0.5% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 309 applicants will be successful.

Market Sentiment

Strong grey market premium of 72.8% suggests exceptional listing gains and high bullish sentiment among traders.

Institutional Backing

Massive institutional interest with QIBs subscribing 186.72x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
16 Jun 2026
Day 3
216.63x ▼
QIB142.65x NII336.00x Retail207.56x
15 Jun 2026
Day 2
16.37x ▼
QIB7.31x NII21.91x Retail19.16x
12 Jun 2026
Day 1
5.76x ▼
QIB7.01x NII6.34x Retail4.79x

Horizon Reclaim (India) SME IPO dates

From the bidding window to listing. Today is 25 October.

Key dates Listed
  1. Open 12 Jun 2026
  2. Close 16 Jun 2026
  3. Allotment 17 Jun 2026
  4. Refund/credit 18 Jun 2026
  5. Listing 19 Jun 2026

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Horizon Reclaim (India) IPO?

As of IPO close date (16 Jun, 2026), the Horizon Reclaim (India) IPO is subscribed 282.87x times. Retail category is 308.30x, and NII is 333.79x subscribed.

When is the allotment date for Horizon Reclaim (India) IPO?

The allotment for Horizon Reclaim (India) IPO is expected to be finalized on 17 June, 2026.

What is the GMP of Horizon Reclaim (India)?

The Grey Market Premium (GMP) for Horizon Reclaim (India) is currently ₹75, indicating a potential listing gain of 72.8%.

When will Horizon Reclaim (India) IPO list on the stock market?

Horizon Reclaim (India) is scheduled to list on BSE and NSE on 19 June, 2026.

What are the chances of getting allotment in Horizon Reclaim (India) IPO?

The retail category is oversubscribed at 308.3x, meaning allotment is by lottery. Statistically, approximately 1 in 309 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 186.72x mean for Horizon Reclaim (India) IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 186.72x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Horizon Reclaim (India) IPO allotment status?

After the allotment date (17 Jun, 2026), you can check your Horizon Reclaim (India) IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
282.87x
QIB
186.72x
NII
333.79x
Retail
308.30x
Full IPO details