Investors are bracing for the public listing of Horizon Reclaim today, following a highly successful initial public offering. The stock is expected to start trading with a premium of roughly 73% based on current grey market activity.
The company’s Rs 54.27-crore offering saw intense interest from market participants during its subscription period from June 12 to June 16. The enthusiasm was reflected in the final numbers, with the issue being oversubscribed by an impressive 304.11 times.
Widespread demand was observed across all investor segments, highlighting strong confidence in the firm's growth trajectory. As the opening bell approaches, market analysts are closely watching to see if the stock can sustain its pre-listing momentum throughout the first day of trade.
