Description

BSE has made available the Draft Red Herring Prospectus (DRHP) of Horizon Reclaim (India) Limited filed on March 06, 2026, seeking public comments for a minimum period of 21 days.

Summary

BSE has published the Draft Offer Document (DRHP) of Horizon Reclaim (India) Limited, filed on March 06, 2026, on its SME website. The document contains all disclosures as required under Schedule VI of the ICDR Regulations and is available for public review and comments for a minimum period of 21 days from the date of notice (March 09, 2026).

Key Points

Regulatory Changes

No regulatory changes introduced. This is a standard procedural disclosure under Schedule VI of the SEBI (Issue of Capital and Disclosure Requirements) Regulations (ICDR Regulations) for SME IPOs.

Compliance Requirements

  • Investors, analysts, and the general public are invited to review the Draft Offer Document
  • Any comments or concerns regarding the disclosures must be submitted within 21 days from March 09, 2026 (i.e., by March 30, 2026)
  • Comments to be sent to: equity.ipo@bseindia.com

Important Dates

  • Filing Date: March 06, 2026
  • Notice Date: March 09, 2026
  • Public Comment Deadline: March 30, 2026 (21 days from notice date)

Impact Assessment

This circular has a moderate impact limited to prospective investors and stakeholders interested in Horizon Reclaim (India) Limited. It signals the company’s intent to list on the BSE SME platform. The 21-day public comment window provides an opportunity for market participants to flag any disclosure concerns before the IPO proceeds further. No broader market or trading impact is expected at this stage.

Impact Justification

Routine SME IPO draft offer document filing for public comment; relevant primarily to investors and analysts interested in Horizon Reclaim (India) Limited's upcoming IPO.