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Stellar Debut! Horizon Reclaim India share price lists at ₹151, a premium of 47% from SME IPO price (opens original article in a new tab)

TL;DR

Horizon Reclaim India's share price debuted at ₹151, a 47% premium over its IPO price of ₹103, underperforming grey market expectations. The IPO was highly subscribed, with strong investor interest across segments.

  • Horizon Reclaim India debuted at ₹151, a 47% premium over its IPO price of ₹103.
  • The IPO was highly subscribed at 304.11 times, with strong demand from retail and institutional investors.
  • Grey market premium suggested a higher listing price of ₹178, but the actual listing was lower than expected.

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