Subscription Status · Jun 12 – Jun 16, 2026 · ₹98–103
The Horizon Reclaim (India) IPO subscription has recorded exceptional investor demand with an overall subscription of 304.06× as of Jun 16, 2026, indicating that investors applied for 304.06 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Jun 16, 2026, 5:10 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed | Applications |
|---|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
1,000,800 | 186,865,200 |
186.72×
|
- |
|
NII
Non-Institutional Investors
|
751,200 | 338,587,200 |
450.73×
|
- |
|
bNII
Bids above ₹10L
|
500,400 | 177,294,000 |
354.30×
|
- |
|
sNII
Bids below ₹10L
|
250,800 | 251,404,800 |
1,002.41×
|
- |
|
Individual
Individual Investors
|
1,752,000 | 539,966,400 |
308.20×
|
- |
|
Total
|
3,504,000 | 1,065,418,800 |
304.06×
|
- |
How subscription built up across investor categories over time
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 1,000,800 | - | 0.00× | - |
| NII | 751,200 | 9,489,600 | 12.63× | - |
| bNII | 500,400 | 6,664,800 | 13.32× | - |
| sNII | 250,800 | 2,824,800 | 11.26× | - |
| Individual Investors | 1,752,000 | 19,922,400 | 11.37× | - |
| Total | 3,504,000 | 29,412,000 | 8.39× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 1,000,800 | 82,800 | 0.08× | - |
| NII | 751,200 | 104,953,200 | 139.71× | - |
| bNII | 500,400 | 71,947,200 | 143.78× | - |
| sNII | 250,800 | 33,006,000 | 131.60× | - |
| Individual Investors | 1,752,000 | 158,371,200 | 90.39× | - |
| Total | 3,504,000 | 263,407,200 | 75.17× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 1,000,800 | 186,865,200 | 186.72× | - |
| NII | 751,200 | 338,587,200 | 450.73× | - |
| bNII | 500,400 | 177,294,000 | 354.30× | - |
| sNII | 250,800 | 251,404,800 | 1,002.41× | - |
| Individual Investors | 1,752,000 | 539,966,400 | 308.20× | - |
| Total | 3,504,000 | 1,065,418,800 | 304.06× | - |
As of June 16, 2026, the Horizon Reclaim (India) IPO has been subscribed 304.06 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest.
The Horizon Reclaim (India) IPO subscription window was open from June 12, 2026 to June 16, 2026. Investors could apply through their demat account or ASBA facility.
The Horizon Reclaim (India) IPO has a price band of ₹98 to ₹103 per share, with a lot size of 1,200 shares. Minimum retail investment: ₹117,600 (lower band) or ₹123,600 (upper band).
The QIB category has been subscribed 186.72 times. QIBs were offered 1,000,800 shares. Strong QIB subscription indicates high institutional confidence.
Overall NII: 450.73×. bNII (>₹10L): 354.30×, sNII (<₹10L): 1,002.41×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on June 17, 2026. Check via the registrar's website, KFin Technologies Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Horizon Reclaim (India) IPO is expected to list on June 19, 2026. Shares will list on BSE SME platform. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 304.06× means investors have bid for 304.06 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of data pending, the estimated allotment probability for retail investors is Very Low. Only 1 lot likely via lottery if selected. If final subscription stays below 1×, all applicants are likely to get full allotment.
You can apply for Horizon Reclaim (India) IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Jun 12 to Jun 16, 2026.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Horizon Reclaim (India) IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Jun 12, 2026Subscription Closes Done
Jun 16, 2026Basis of Allotment Done
Jun 17, 2026Listing on BSE Done
Jun 19, 2026Only 1 lot likely via lottery if selected.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.