Comparison between Horizon Reclaim (India) IPO and Susan Electricals India IPO.
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.
| Horizon Reclaim (India) IPO | Susan Electricals India IPO | |
|---|---|---|
| Logo | ![]() | ![]() |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Seren Capital Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Mudra RTA Ventures Private Limited |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | |
| DRHP | DRHP ![]() | DRHP ![]() |
| RHP | RHP ![]() | |
| Final Prospectus | ||
| Anchor Investor | ||
| IPO Allotment URL |
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) IPO | Susan 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 Size | 1200 shares | |
| Fresh Issue Size | 50,05,200 shares | 47,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹51.55 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 6,20,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 50,05,200 shares | 54,00,000 shares |
| Issue Size Total (Amount) | up to ₹51.55 Cr | up to ₹0.00 Cr |
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.
| Horizon Reclaim (India) IPO | Susan Electricals India IPO | |
|---|---|---|
| Anchor Bid Date | Jun 11, 2026 | |
| Issue Open | Jun 12, 2026 | |
| Issue Close | Jun 16, 2026 | |
| Basis Of Allotment (Tentative) | Jun 17, 2026 | |
| Initiation of Refunds (Tentative) | Jun 18, 2026 | |
| Credit of Share (Tentative) | Jun 18, 2026 | |
| Listing date (Tentative) | Jun 19, 2026 | |
| Anchor Lockin End date 1 | Jul 17, 2026 | |
| Anchor Lockin End date 2 | Sep 15, 2026 |
Horizon Reclaim (India) IPO P/E ratio is 13.97, as compared to Susan Electricals India IPO P/E ratio of .
| Horizon Reclaim (India) IPO | Susan Electricals India IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| 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.
| Company Financials (Restated Consolidated)
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| Promoter Shareholding (Pre-Issue) | 95.84 | 96.64 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹201.01 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 53.63 | 46.72 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 25.45 | 17.46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.37 | ₹3.63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 42.29 | 31.43 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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) IPO | Susan Electricals India IPO | |
|---|---|---|
| Anchor Investor Reservation | 15,01,200 shares | 0 shares |
| Market Maker Reservation | 2,64,000 shares | 0 shares |
| QIB | 10,00,800 shares | 0 shares |
| NII | 7,51,200 shares | 0 shares |
| RII | 17,52,000 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 50,05,200 shares | 0 shares |
Horizon Reclaim (India) IPO subscribed in total, whereas Susan Electricals India IPO subscribed .