Horizon Industrial Parks IPO

Horizon Industrial Parks IPO is listed on BSE and NSE, priced at ₹57–₹60 per share. The stock debuted at ₹60.25 with a flat listing performance. The IPO had a lot size of ₹250 shares and a minimum investment of ₹15,000.

Horizon Industrial Parks Limited IPO

Mainboard Listed
₹15,000 (250 Shares)
Minimum Investment
Check Allotment
IPO Dates
Aug 17, 2026 – Aug 19, 2026
Price band
₹57-60 per equity share
Minimum Investment
₹15,000
Issue size
₹2600 Cr
Lot size
250
Allotment Date
Aug 20, 2026
Listing
Aug 24, 2026
Listing At
BSE, NSE

IPO timeline

  1. Aug 17, 2026

    Open Date

    Completed

  2. Aug 19, 2026

    Close Date

    Completed

  3. Aug 20, 2026

    Allotment Date

    Completed

  4. Aug 24, 2026

    Listing Date

    Completed

Price Summary

Last closing
54.85 (-8.58%)
52 week high
60.25
52 week low
53.75
Last update

Unofficial pre-listing indicator

Horizon Industrial Parks IPO Last Recorded GMP: ₹1

No GMP quote could be verified as recorded before Horizon Industrial Parks IPO listed. A grey-market observation of ₹1 per share was recorded on 24 Aug 2026, 6:30 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹60.25. GMP is unofficial and does not forecast or guarantee the actual listing price.

Last recorded GMP
₹1
GMP percentage
2%
Upper price band
₹60
Listing price
₹60.25

During the recorded period, Horizon Industrial Parks IPO GMP ranged from ₹0 to ₹4.

Horizon Industrial Parks IPO GMP trend (day-wise) 47 observations
Day-wise recorded GMP observations for Horizon Industrial Parks IPO
Date & time GMP Change GMP % Indicative price
₹1 −₹1 2% ₹61
₹2 ₹0 3% ₹62
₹2 ₹0 3% ₹62
₹2 ₹0 3% ₹62
₹2 ₹0 3% ₹62
₹2 ₹0 3% ₹62
₹2 ₹0 3% ₹62
₹2 ₹0 3% ₹62
₹2 −₹1 3% ₹62
₹3 ₹0 5% ₹63

Horizon Industrial Parks IPO Subscription Details

View Subscription Details
Qualified Institutional Buyers (QIBs) 1.94x
Retail Individual Investors (RIIs) 1.01x
Non-Institutional Investors (NIIs) 1.03x
bHNI (>10 Lakhs) 1.19x
sHNI (2-10 Lakhs) 0.70x
Retail 1.01x
Employee 1.64x
Total 1.52x

Horizon Industrial Parks IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Horizon Industrial Parks IPO Essentials

Horizon Industrial Parks IPO Details

Horizon Industrial Parks IPO is priced at ₹57-60 per share with a total issue size of 2600 crore. The IPO has a lot size of 250 shares and is listed on BSE and NSE.

Issue price
₹57-60 per equity share
Lot size
250 shares
Face value
₹10 Per Equity Share
Issue size
₹2600 Crores
Total issue size
43,34,09,090 shares
(aggregating up to ₹2600 crore)
Fresh issue
43,34,09,090 shares
(aggregating up to ₹2600 crore)
Retail Portion
10%
Listing at
BSE, NSE
List price
60.25(NSE)
Listing date
Registrar
Kfin Technologies Ltd.
Lead manager
JM Financial Ltd.,, Axis Capital Ltd., IIFL Capital Services Ltd., SBI Capital Markets Ltd., 360 One WAM Ltd.

Market Lot Size

Investors can bid for a minimum of 250 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 250 ₹15,000
Retail(max) 13 3,250 ₹1,95,000
sHNI(min) 14 3,500 ₹2,10,000
sHNI(max) 66 16,500 ₹9,90,000
bHNI(min) 67 16,750 ₹10,05,000

Horizon Industrial Parks IPO Documents

Horizon Industrial Parks IPO Reservation

Horizon Industrial Parks IPO reservation details show category-wise allocation of shares. Out of the total 433409090 shares, approximately 29.95% are reserved for QIB, 14.97% for NII, 9.98% for retail investors, 0.19% for employees, and 44.91% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 194625000 (44.91%)
QIB Shares Offered 129806819 (29.95%)
NII (HNI) Shares Offered 64886363 (14.97%)
bHNI > ₹10L 43257576 (10%) 12,359
sHNI < ₹10L 21628788 (5%) 6,180
Retail Shares Offered 43257576 (9.98%) 1,70,030
Employee Shares Offered 833332 (0.19%)
Total Shares Offered 433409090 (100%)

Horizon Industrial Parks IPO Analytics

Horizon Industrial Parks IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Horizon Industrial Parks IPO Subscription Status

Horizon Industrial Parks IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 1.52x, indicating moderate demand across investor categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 12,98,06,819
6,48,86,363
4,32,57,576
2,16,28,788
4,32,57,576 23,87,84,090
Day 1 17-08-26 05:00 PM
0.19 x
0.03x
0.03x
0.04x
0.21 x 0.15 x
Day 2 18-08-26 05:00 PM
0.22 x
0.16x
0.19x
0.11x
0.45 x 0.25 x
Day 3 19-08-26 05:00 PM
1.94 x
1.03x
1.19x
0.70x
1.01 x 1.52 x
Total No. of Applications
bHNI sHNI Retail
1,39,781 (Approx) 0.07x 0.61x 0.78x

Horizon Industrial Parks Valuations

Returns

RoNW
-4.23%

Fundamentals

Price / Book
2.15
Market Cap
₹17,297.61 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Horizon Industrial Parks Financials( In Crs.)

31-Mar-26 31-Mar-25 31-Mar-24
Assets 13,495.13 9,851.54 4,993.18
Revenue 767.84 439.35 245.52
Profit After Tax -203.65 -178.78 -162.21
Net Worth 4,676.16 122.00 266.95
Reserves & Surplus 3,214.54 -530.09 -334.75
Total Borrowing 6,884.34 7,009.11 3,688.21

Horizon Industrial Parks Company & Offer Insights

About Horizon Industrial Parks

Incorporated in 2009, Horizon Industrial Parks, funded by Blackstone Group, is the largest developer, owner, and operator of industrial and logistics infrastructure in India in terms of network size, as per the JLL report. As on the DRHP date, the company has 45 logistics and industrial properties in 10 leading Indian cities amounting to 58.01 million square feet (msf).

The firm builds and leases warehouses and industrial units to large enterprises. The following are the company's core assets:
Fulfillment Centers (warehousing): For e-commerce, FMCG, retail and logistics firms. 15.55 msf (58%) of operational space till 30 November, 2025.
Industrial units: For manufacturing, EVs, renewable, electronics, auto, among others. 10.36 msf (39%) of operational space till 30 November, 2025.
In-City Centers: These centers are located close to the consumers for last mile delivery purpose. Used by dark stores, pharma, cloud kitchens, retail, services, etc. Total pipeline of 6.31 msf in 7 cities.

Apart from that, it also offers turnkey solutions, solar energy solutions, cold storages, accommodation for staff on-site, skill development centers and other such facilities.

Clients: On Nov 30, 2025, the company has provided services to over 100 clients in important industries such as E-commerce, Retail, FMCG, renewable energy, automotive ancillary, and manufacturing. Our size, technical expertise, strategically placed sites, and comprehensive service offerings make it possible for us to work with both MNCs.

Horizon Industrial Parks Promoter(s)

BREP Asia II EIP Holding (NQ) Pte.Ltd., Brep ASIA II Indian Holdings Co.VI (NQ) Pte.Ltd., BREP Asia III India Holdings Co.III Pte.Ltd. are the company's promoters of Horizon Industrial Parks.

Horizon Industrial Parks IPO Issue Objectives

Repayment and/or prepayment, in part or full, of certain borrowings availed by the company and Certain wholly owned Subsidiaries of our Company, namely Bagur Logistics Park Private Limited, Embassy Industrial Park Hosur Private Limited, Farukhnagar Logistics Parks LLP, FRK II Industrial Park Private Limited, Goodluck Buildtech Private Limited, ILV Distripark Private Limited, ILV Distripark (MWC) Private Limited, Jindpur Industrial Park Private Limited, Kalina Warehousing Private Limited, Lakshmi
General corporate purposes

Horizon Industrial Parks IPO - Anchor Investors

Horizon Industrial Parks Limited finalised its anchor investor allocation on August 14, 2026, raising ₹1,167.75 crore from 54 institutional investors at an anchor price of ₹60 per share.

The anchor book comprises 19,46,25,000 equity shares, with domestic mutual funds receiving 19.95% of the allocation through 6 fund houses across 27 schemes, including WhiteOak Capital Mutual Fund, Sundaram Mutual Fund, 360 ONE Mutual Fund, PGIM India Mutual Fund, JM Financial Mutual Fund, and Edelweiss Mutual Fund. SBI Life Insurance and Edelweiss Life Insurance together received 6.42% as the life insurance participants. The remaining allocation, spanning foreign portfolio investors, alternative investment funds, corporate investors, and offshore derivative instrument holders, accounted for 73.63% of the anchor book, led by Carmignac Emergents at 15.02%, Societe Generale – ODI at 9.42%, Carmignac Portfolio at 9.11%, and 360 ONE Real Assets Development Fund at 6.85%. Other notable participants include Nuvama, Matthews Asia, Poonawalla Vision Fund, Morgan Stanley Asia (Singapore), BNP Paribas Financial Markets, and Citigroup Global Markets Mauritius.

Horizon Industrial Parks IPO - Strengths and Risks

Horizon Industrial Parks IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Strategically placed assets: Horizon has carved out a strong reputation for itself as a large industrial and logistics infrastructure platform with offerings of superior quality. It offers an integrated platform with placements at strategic locations near urban hubs.
Growth opportunities within the industry: The industry dynamics include growth within the manufacturing industry, consumption industry, and the e-commerce sector. The company has positioned its business to take advantage of all these growth drivers.
Strong customer relations: It enjoys good relations with more than 100 customers operating in the manufacturing industry, e-commerce industry, and the 3PL industry. The leasing and management of its assets allow it to give the customer a larger ecosystem.

Risks

Recent acquisitions by the company from promoters and other sellers: A substantial number of the company's assets have been acquired from its promoters and other sellers in Fiscals 2025 and 2026 and may continue in the future. The pro forma financial data given above in respect of acquisitions made by the company is indicative only and may not truly represent the financial position of the company or its performance.
Historical losses: The company has experienced losses in both its restated consolidated and pro forma performance during the relevant periods mainly due to its high finance costs and depreciation and amortization expenses. It cannot be assured that the company will be profitable in the future.
Risk associated with customer concentration: The company relies heavily on its top 10 customers for revenues. These customers accounted for 41.52%, 44.44%, 53.97%, and 53.20% of pro forma revenues from operations for the three months ended June 30, 2025, and Fiscals 2025, 2024, and 2023, respectively.

Contact Information

Contact Details

Horizon Industrial Parks

+91 22 4158 1000

complianceofficer@hiparks.com

https://www.hiparks.com/

One World Centre, Unit No 1501B, Tower 1, 841, Jupiter Textile Mills, Senapati Bapat Marg, Mumbai, Maharashtra, 400013

Registrar Contact Details

Kfin Technologies Ltd.

040-79615565

horizon.ipo@kfintech.com

https://ipostatus.kfintech.com/

Frequently Asked Questions

Click any question to reveal the answer

Horizon Industrial Parks IPO is a book-built IPO worth ₹2600 crore. The price band is ₹57–₹60 per share. The IPO opens on Aug 17, 2026 and closes on Aug 19, 2026. It will be listed on BSE and NSE. Kfin Technologies Ltd. is the registrar.

The price band of Horizon Industrial Parks IPO is ₹57 to ₹60 per share.

The lot size of Horizon Industrial Parks IPO is 250 shares.

The minimum investment for Horizon Industrial Parks IPO is approximately ₹15,000 based on the upper price band .

Horizon Industrial Parks IPO opens on Aug 17, 2026 and closes on Aug 19, 2026.

The allotment date of Horizon Industrial Parks IPO is Aug 20, 2026.

Horizon Industrial Parks IPO is expected to be listed on Aug 24, 2026, on BSE and NSE .

No GMP quote could be verified as recorded before Horizon Industrial Parks IPO listed. A grey-market observation of ₹1 per share was recorded on 24 Aug 2026, 6:30 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹60.25. GMP is unofficial and does not forecast or guarantee the actual listing price.

Horizon Industrial Parks IPO listed on Aug 24, 2026. It was issued at ₹60.25(NSE) and is currently around ₹54.85 as on 4-Sep-2026 3:30 PM, which is approximately -8.6% versus issue price. The 52-week high is ₹60.25.

Based on listing and post-listing performance, Horizon Industrial Parks IPO delivered around -8.6% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Horizon Industrial Parks IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Horizon Industrial Parks IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B 2.15, RoNW -4.23%, and market cap ₹17,297.61 Cr.

To apply for Horizon Industrial Parks IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Horizon Industrial Parks IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Horizon Industrial Parks IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Horizon Industrial Parks IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Horizon Industrial Parks IPO allotment status on IPO Ji for quick and easy access.