Mainboard
IPO ·
BSE, NSE
Horizon Industrial Parks Ltd
Listed
Incorporated in 2009, Horizon Industrial Parks, backed by Blackstone Group, is India’s largest industrial and logistics infrastructure developer, owner, and operator by total network, according to a JLL report.
Issue details
Price band
₹57 – ₹60
Face value
₹10
Lot size
250 shares
Minimum investment
₹15,000
Issue size
₹2600.00 Cr
Fresh issue
₹2600.00 Cr
Offer for sale
—
Issue type
Book Built
Exchange
BSE, NSE
Key dates
Opens
17 Aug 2026
Closes
19 Aug 2026
UPI mandate cut-off
5:00 PM on 19 Aug 2026
Allotment
20 Aug 2026
Refunds
21 Aug 2026
Shares in demat
21 Aug 2026
Listing
24 Aug 2026
Subscription and listing
Subscription
1.29x
Listing price
₹60.25
Registrar
Kfin Technologies Ltd
Lead manager
JM Financial, Axis Capital, IIFL Capital Services, SBI Capital Markets, 360 One WAM
Subscription by category
Total
1.29x
Total applications
1,32,033
Anchor investors
Amount raised
₹1,167.75 Cr
Bid date
14 Aug 2026
50% lock-in ends
18 Sep 2026
Rest lock-in ends
17 Nov 2026
Listing day
Issue price
₹60
Open
₹60.25
High
₹60.25
Low
₹56.57
Day close
₹58.16
Listing gain at open
+0.42%
Issue structure
Shares reserved per category and share of the total issue
QIB
32,43,75,000
74.84%
Anchor Investor
19,46,25,000
44.91%
QIB (Ex. Anchor)
12,97,50,000
29.94%
NII
6,48,75,000
14.97%
bNII > ₹10L
4,32,50,000
9.98%
sNII < ₹10L
2,16,25,000
4.99%
Retail
4,32,50,000
9.98%
Employee
9,09,090
0.21%
Total
43,34,09,090
100.00%
Finaccle’s quick read
Avoid
FY26 income up 75%, loss in FY26.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
Incorporated in 2009, Horizon Industrial Parks, backed by Blackstone Group, is India’s largest industrial and logistics infrastructure developer, owner, and operator by total network, according to a JLL report. As of the DRHP date, the company owns 45 logistics and industrial assets across 10 major Indian cities, totaling 58.01 million square feet (msf). Core Offerings The company develops and leases large, modern warehouses and industrial facilities to major companies.
Founded
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
—
ROCE
—
Debt / equity
—
PAT margin
—
P/E post issue
-ve
Market cap
₹17,297.61 Cr
Use of IPO money
Repayment and/or prepayment, in part or full, of certain borrowings availed by the company and Certain wholly owned Subsidiaries of Company, namely Bagur Logist
₹2250.00 Cr
General Corporate Purposes
₹241.88 Cr
Issue Expenses
₹108.12 Cr
Strengths
✓
Proven engineering and technical capabilities enabling the execution of complex industrial projects
✓
Commitment to enhanced sustainability practices with high sustainability standards
✓
Revenue up 75% in FY26 to ₹767.84 Cr
Risks to watch
!
Loss-making in FY26
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Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.