Horizon Reclaim (India) Ltd IPO

About Horizon Reclaim (India) Ltd

Our Company was originally incorporated as `Horizon Reclaim (India) Private Limited' as a Private Limited Company under the Companies Act, 1956 at Saharanpur, pursuant to a certificate of incorporation dated August 21, 2006, issued by the Registrar of Companies, Uttar Pradesh and Uttranchal (RoC). Thereafter, name of our Company was changed from `Horizon Reclaim (India) Private Limited' to `Horizon Reclaim (India) Limited', consequent to conversion of our Company from private to public company, pursuant t o a special resolution passed by the shareholders of our Company on April 15, 2025 and a fresh certificate of incorporation consequent to change of name was issued by the Registrar of Companies, Central Processing Centre on May 06, 2025. Our Company's Corporate Identity Number is U25206UP2006PLC032294.

The rubber industry in India comprises natural rubber production, synthetic rubber manufacturing, and the processing of end-of-life rubber materials into reclaimed rubber. With increasing emphasis on sustainability and circular economy practices, the reclaim rubber segment has emerged as a critical sub-sector, contributing to resource conservation, cost savings, and environmental compliance across multiple end-user industries such as automotive, footwear, construction, and retreading. The India Reclaimed Rubber Market Size was estimated at 278.4 (USD Million) in 2023.The India Reclaimed Rubber Market Industry is expected to grow from 500(USD Million) in 2024 to 1,200 (USD Million) by 2035. The India Reclaimed Rubber Market CAGR (growth rate) is expected to be around 8.284% during the forecast period (2025 - 2035). According to industry estimates published by the Rubber Board of India and supported by market intelligence from governmentregistered trade analytics portals, India's reclaim rubber industry is valued at approximately USD 500 million in FY 2024-25, up from US$ 278 million in 2023, and is projected to grow at a CAGR of 8-10% over the next five years. Moreover, policies such as the EU Deforestation-free Regulation (EUDR) and mandates for recycled content in manufacturing practices have further pushed companies to adopt reclaimed materials. Simultaneously, rising raw material costs and instabili ty in the supply of natural and synthetic rubber have made reclaimed rubber an economically attractive choice for manufacturers aiming to reduce production costs without compromising performance.

Incorporated in 2006, our Company is engaged in the manufacturing of reclaimed rubber, which is recycled rubber derived from used rubber materials such as old tyres, rubber tubes, tread peelings, and industrial scrap, including Ethylene Propylene Die ne Monomer (EPDM), a synthetic rubber known for its excellent resistance to heat. Reclaimed rubber serves as a cost-effective and environmental friendly alternative to natural and synthetic rubber and is widely used in the manufacture of various rubber-based products.

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