Horizon Industrial Parks IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Aug 17 to Aug 19 2026
Price Band
₹57 - 60
Current GMP
₹60.25 (+0.42%)
Subscription
1.51 times
IPO Details
| IPO Date | 17 to 19 Aug, 2026 |
| Listing Date | Mon, Aug 24, 2026 |
| Face Value | ₹ 10 per share |
| Price Band | ₹57 to ₹60 |
| Lot Size | 250 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹ 5.00 |
| Total Issue Size | 43,34,09,090 shares (agg. up to ₹ 2,600 Cr) |
| Fresh Issue | 43,34,09,090 shares (agg. up to ₹ 2,600 Cr) |
| Share Holding Pre Issue | 2,44,95,26,460 shares |
| Share Holding Post Issue | 2,88,29,35,550 shares |
| BSE Script Code / NSE Symbol | 544880 / HORIZONIND |
| ISIN | INE685T01010 |
IPO Date
17 to 19 Aug, 2026
Listing Date
Mon, Aug 24, 2026
Face Value
₹ 10 per share
Price Band
₹57 to ₹60
Lot Size
250 Shares
Sale Type
Fresh capital only
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Employee Discount
₹ 5.00
Total Issue Size
43,34,09,090 shares (agg. up to ₹ 2,600 Cr)
Fresh Issue
43,34,09,090 shares (agg. up to ₹ 2,600 Cr)
Share Holding Pre Issue
2,44,95,26,460 shares
Share Holding Post Issue
2,88,29,35,550 shares
BSE Script Code / NSE Symbol
544880 / HORIZONIND
ISIN
INE685T01010
IPO Subscription Details
| Anchor | 1 |
| QIB (Ex Anchor) | 1.94 |
| NII | 0.97 |
| bNII (> ₹10L) | 1.19 |
| sNII (< ₹10L) | 0.70 |
| Retail | 1.02 |
| Employees | 1.64 |
| Total ** | 1.51 |
Anchor
1
QIB (Ex Anchor)
1.94
NII
0.97
bNII (> ₹10L)
1.19
sNII (< ₹10L)
0.70
Retail
1.02
Employees
1.64
Total **
1.51
Day Wise Sub
| Day | QIB (Ex Anchor) | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | EMP | Total |
|---|---|---|---|---|---|---|---|
| Aug 1 7 (Day 1) | 0.19 | 0.03 | 0.03 | 0.04 | 0.21 | 0.35 | 0.15 |
| Aug 1 8 (Day 2) | 0.22 | 0.16 | 0.19 | 0.11 | 0.46 | 0.71 | 0.25 |
| Aug 1 9 (Day 3) | 1.94 | 0.97 | 1.19 | 0.70 | 1.02 | 1.64 | 1.51 |
DayAug 1
7 (Day 1)
QIB (Ex Anchor)0.19
NII0.03
NII (> ₹10L)0.03
NII (< ₹10L)0.04
Retail0.21
EMP0.35
Total0.15
DayAug 1
8 (Day 2)
QIB (Ex Anchor)0.22
NII0.16
NII (> ₹10L)0.19
NII (< ₹10L)0.11
Retail0.46
EMP0.71
Total0.25
DayAug 1
9 (Day 3)
QIB (Ex Anchor)1.94
NII0.97
NII (> ₹10L)1.19
NII (< ₹10L)0.70
Retail1.02
EMP1.64
Total1.51
Day Wise GMP
| GMP Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 24-08-2026 | 60 | 1.5 (2.50%) | 61.5 |
| 23-08-2026 | 60 | 1.5 (2.50%) | 61.5 |
| 22-08-2026 | 60 | 3 (5.00%) | 63 |
| 21-08-2026 | 60 | 2.5 (4.17%) | 62.5 |
| 20-08-2026 | 60 | 3.4 (5.67%) | 63.4 |
| 19-08-2026 | 60 | 1.3 (2.17%) | 61.3 |
| 18-08-2026 | 60 | 1 (1.67%) | 61 |
| 17-08-2026 | 60 | 1.7 (2.83%) | 61.7 |
| 16-08-2026 | 60 | 3.5 (5.83%) | 63.5 |
| 15-08-2026 | 60 | 4 (6.67%) | 64 |
| 14-08-2026 | 60 | 4 (6.67%) | 64 |
| 13-08-2026 | 60 | 4.5 (7.50%) | 64.5 |
| 12-08-2026 | 60 | 0 (0%) | 60 |
GMP Date24-08-2026
IPO Price60
GMP1.5 (2.50%)
Est. Listing Price61.5
GMP Date23-08-2026
IPO Price60
GMP1.5 (2.50%)
Est. Listing Price61.5
GMP Date22-08-2026
IPO Price60
GMP3 (5.00%)
Est. Listing Price63
GMP Date21-08-2026
IPO Price60
GMP2.5 (4.17%)
Est. Listing Price62.5
GMP Date20-08-2026
IPO Price60
GMP3.4 (5.67%)
Est. Listing Price63.4
GMP Date19-08-2026
IPO Price60
GMP1.3 (2.17%)
Est. Listing Price61.3
GMP Date18-08-2026
IPO Price60
GMP1 (1.67%)
Est. Listing Price61
GMP Date17-08-2026
IPO Price60
GMP1.7 (2.83%)
Est. Listing Price61.7
GMP Date16-08-2026
IPO Price60
GMP3.5 (5.83%)
Est. Listing Price63.5
GMP Date15-08-2026
IPO Price60
GMP4 (6.67%)
Est. Listing Price64
GMP Date14-08-2026
IPO Price60
GMP4 (6.67%)
Est. Listing Price64
GMP Date13-08-2026
IPO Price60
GMP4.5 (7.50%)
Est. Listing Price64.5
GMP Date12-08-2026
IPO Price60
GMP0 (0%)
Est. Listing Price60
IPO Important Dates
| IPO Open | Mon, Aug 17, 2026 |
| IPO Close | Wed, Aug 19, 2026 |
| Allotment | Thu, Aug 20, 2026 |
| Refund | Fri, Aug 21, 2026 |
| Credit of Shares | Fri, Aug 21, 2026 |
| Listing | Mon, Aug 24, 2026 |
IPO Open
Mon, Aug 17, 2026
IPO Close
Wed, Aug 19, 2026
Allotment
Thu, Aug 20, 2026
Refund
Fri, Aug 21, 2026
Credit of Shares
Fri, Aug 21, 2026
Listing
Mon, Aug 24, 2026
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 250 | ₹15,000 |
| Retail (Max) | 13 | 3,250 | ₹1,95,000 |
| S-HNI (Min) | 14 | 3,500 | ₹2,10,000 |
| S-HNI (Max) | 66 | 16,500 | ₹9,90,000 |
| B-HNI (Min) | 67 | 16,750 | ₹10,05,000 |
ApplicationRetail (Min)
Lots1
Shares250
Amount₹15,000
ApplicationRetail (Max)
Lots13
Shares3,250
Amount₹1,95,000
ApplicationS-HNI (Min)
Lots14
Shares3,500
Amount₹2,10,000
ApplicationS-HNI (Max)
Lots66
Shares16,500
Amount₹9,90,000
ApplicationB-HNI (Min)
Lots67
Shares16,750
Amount₹10,05,000
Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 13,495.13 | 9,851.54 | 4,993.18 |
| Total Income | 767.84 | 439.35 | 245.52 |
| Profit After Tax | -203.65 | -178.78 | -162.21 |
| EBITDA | 607.80 | 339.12 | 151.51 |
| NET Worth | 4,676.16 | 122.00 | 266.95 |
| Reserves and Surplus | 3,214.54 | -530.09 | -334.75 |
| Total Borrowing | 6,884.34 | 7,009.11 | 3,688.21 |
Period EndedAssets
31 Mar 202613,495.13
31 Mar 20259,851.54
31 Mar 20244,993.18
Period EndedTotal Income
31 Mar 2026767.84
31 Mar 2025439.35
31 Mar 2024245.52
Period EndedProfit After Tax
31 Mar 2026-203.65
31 Mar 2025-178.78
31 Mar 2024-162.21
Period EndedEBITDA
31 Mar 2026607.80
31 Mar 2025339.12
31 Mar 2024151.51
Period EndedNET Worth
31 Mar 20264,676.16
31 Mar 2025122.00
31 Mar 2024266.95
Period EndedReserves and Surplus
31 Mar 20263,214.54
31 Mar 2025-530.09
31 Mar 2024-334.75
Period EndedTotal Borrowing
31 Mar 20266,884.34
31 Mar 20257,009.11
31 Mar 20243,688.21
Key Performance Indicator
| RoNW | -4.23% |
| EBITDA Margin | 79.16% |
| NAV | 27.89 |
| Price to Book Value | 2.15 |
RoNW
-4.23%
EBITDA Margin
79.16%
NAV
27.89
Price to Book Value
2.15
IPO Reservation
| QIB | 32,44,31,819 |
| − Anchor Investor | 19,46,25,000 |
| − QIB (Ex. Anchor) | 12,98,06,819 |
| NII (HNI) | 6,48,86,363 |
| − bNII > ₹10L | 4,32,57,576 |
| − sNII < ₹10L | 2,16,28,788 |
| Retail | 4,32,57,576 |
| Employee | 8,33,332 |
| Total | 43,34,09,090 |
QIB
32,44,31,819
− Anchor Investor
19,46,25,000
− QIB (Ex. Anchor)
12,98,06,819
NII (HNI)
6,48,86,363
− bNII > ₹10L
4,32,57,576
− sNII < ₹10L
2,16,28,788
Retail
4,32,57,576
Employee
8,33,332
Total
43,34,09,090
Information about 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. Its core asset types include:
Additionally, it also offers turnkey solutions, solar energy solutions, cold storage facilities, on-site staff accommodation, skill development centers, etc.
Customers: As of Nov 30, 2025, the company has served over 100 customers across key sectors, including e-commerce, retail, fast-moving consumer goods (“FMCG”), renewable energy, auto-ancillary, and manufacturing. Our scale, technical capabilities, network of strategically located sites, and full-service offerings allow us to partner with both multinational corporations (“MNCs”).
Competitive Strengths
Objectives of IPO
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
#: Issue Objects
1: Repayment and/or prepayment, in part or full, of certain borrowings availed by the company and Certain wholly owned Subsidiaries of Company, namely Bagur Logistics Park Pvt.Ltd., Embassy Industrial Park Hosur Pvt.Ltd., Farukhnagar Logistics Parks LLP, FRK II Industrial Park Pvt.Ltd., Goodluck Buildtech Pvt.Ltd., ILV Distripark Pvt.Ltd., ILV Distripark (MWC) Pvt.Ltd., Jindpur Industrial Park Pvt.Ltd., Kalina Warehousing Pvt.Ltd., Lakshmi
2: General Corporate Purposes
: Total
Disclaimer
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We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
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