Horizon Reclaim (India) IPO vs Susan Electricals India IPO

Comparison between Horizon Reclaim (India) IPO and Susan Electricals India IPO.

IPO Details

Horizon Reclaim (India) IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Susan Electricals India IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Horizon Reclaim (India) IPO is up to ₹51.55 Cr whereas the issue size of the Susan Electricals India IPO is up to ₹0.00 Cr. The final issue price of Horizon Reclaim (India) IPO is and of Susan Electricals India IPO is .

 Horizon Reclaim (India) IPOSusan Electricals India IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹98.00 per share
Issue Price (Upper)₹103.00 per share
Issue Price (Final)
Discount (Retail)
Discount (Employee)
Market Lot Size1200 shares
Fresh Issue Size50,05,200 shares47,80,000 shares
Fresh Issue Size (Amount)up to ₹51.55 Crup to ₹0.00 Cr
OFS Issue Size0 shares6,20,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total50,05,200 shares54,00,000 shares
Issue Size Total (Amount)up to ₹51.55 Crup to ₹0.00 Cr

IPO Timetable

Horizon Reclaim (India) IPO opens on Jun 12, 2026, while Susan Electricals India IPO opens on . The closing date of Horizon Reclaim (India) IPO and Susan Electricals India IPO is Jun 16, 2026, and , respectively.

Financials & KPIs

Horizon Reclaim (India) IPO P/E ratio is 13.97, as compared to Susan Electricals India IPO P/E ratio of .

 Horizon Reclaim (India) IPOSusan Electricals India IPO
Financials

Company Financials (Restated Consolidated)

Horizon Reclaim (India) Ltd.'s revenue increased by 37% and profit after tax (PAT) rose by 49% between the financial year ending with March 31, 2026 and March 31, 2025.

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets64.8826.088.45
Total Income50.0136.3920.44
Profit After Tax10.507.070.71
EBITDA16.3210.461.17
NET Worth24.8314.337.26
Reserves and Surplus10.580.086.51
Total Borrowing35.7610.03
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets121.0673.6838.0833.58
Total Income154.12136.05103.5977.56
Profit After Tax7.935.650.760.40
EBITDA15.9312.003.641.80
NET Worth28.1617.986.213.28
Reserves and Surplus12.5712.963.231.03
Total Borrowing74.0545.2724.7914.71
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.8496.64
Promoter Shareholding (Post-Issue)
P/E Ratio13.97
Market Cap₹201.01 Cr.
ROE53.6346.72
ROCE25.4517.46
Debt/Equity1.44
EPS₹7.37₹3.63
RoNW42.2931.43

Shares Offered

In the Horizon Reclaim (India) IPO Retail Individual Investors (RII) are offered 17,52,000 shares while in Susan Electricals India IPO retail investors are offered 17,52,000 shares. Qualified Institutional Buyers (QIB) are offered 10,00,800 shares in Horizon Reclaim (India) IPO and 0 shares in Susan Electricals India IPO.

 Horizon Reclaim (India) IPOSusan Electricals India IPO
Anchor Investor Reservation15,01,200 shares0 shares
Market Maker Reservation2,64,000 shares0 shares
QIB10,00,800 shares0 shares
NII7,51,200 shares0 shares
RII17,52,000 shares0 shares
Employee0 shares0 shares
Others
Total50,05,200 shares0 shares

Bids Received (Subscription)

Horizon Reclaim (India) IPO subscribed in total, whereas Susan Electricals India IPO subscribed .

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Horizon Reclaim (India) IPO Vs Susan Electricals India IPO