Horizon Industrial Parks IPO to Open on August 17, 2026; Subscription Dates, Price Band, Issue Size and Key Details

12 August 2026
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Horizon Industrial Parks' initial public offering (IPO) is set to open for subscription on August 17, 2026. According to the Red Herring Prospectus (RHP), the ₹2,600.00 crore book-built issue comprises entirely of a fresh issue of 43.34 crore equity shares, with no offer for sale (OFS) component

The IPO will remain open until August 19, 2026, while the anchor investor portion will open for subscription on August 14, 2026. The basis of allotment is expected to be finalised on August 20, 2026, and the shares are tentatively scheduled to be listed on the BSE and NSE on August 24, 2026.

Horizon Industrial Parks IPO - Issue Details

  • Issue Type: Book Built Issue (Fresh Issue only)
  • Total Issue Size: Up to ₹2,600.00 crore
  • Fresh Issue: Up to ₹2,600.00 crore
  • Offer for Sale (OFS): Not Applicable
  • Face Value: ₹10 per equity share
  • Price Band: ₹57 to ₹60 per share
  • Lot Size: 250 shares
  • Minimum Investment Amount (Retail Investor): ₹15,00060 (250 shares at the upper price)
  • Listing: BSE, NSE
  • Book Running Lead Managers: JM Financial Limited, Axis Capital Limited, IIFL Capital Services Limited, SBI Capital Markets Limited, 360 ONE WAM Limited
  • Registrar: KFin Technologies Limited

Horizon Industrial Parks IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Event 

Date

Subscription Opening Date

17 August 2026

Subscription Closing Date

19 August 2026

Basis of Allotment Date

20 August 2026

Refund Initiation Date

21 August 2026

Credit of Shares

21 August 2026

Listing on BSE and NSE

24 August 2026

Note: The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

Horizon Industrial Parks IPO Category-wise Investment Limits

The application size for each category is as follows -

Category

Investment Range

Qualified Institutional Buyers (QIBs)

Not more than 75% of the Net Issue 

Non-Institutional Investors (NIIs)

Not more than 15% of the Net Issue 

Retail Individual Investors (RII)

Not more than 10% of the Net Issue 

The minimum investment amount for each category, based on the upper price band of ₹60 per share, is as follows -

Investor Category

Lots

Shares

Investment Amount (Approx.)

Retail (Minimum)

1

250

₹15,000

Retail (Maximum)

13

3,250

₹1,95,000

sNII (Minimum)

14

3,500

₹2,10,000

bNII (Minimum)

67

16,750

₹10,05,000

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

  • Repayment and or in part or full, of certain borrowings availed by
    • Horizon Industrial Parks Limited
    • Certain wholly owned subsidiaries of the 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, Lakshmipathi Realtors Private Limited, LI Industrial Parks Private Limited, Malur Logistics and Industrial Parks Private Limited, Panvel Warehousing Private Limited, Patencheru Industrial Park Private Limited, Redhills Industrial Park Private Limited and Vertical Logistic Park LLP, through investment in such subsidiaries
  • General corporate purposes

About Horizon Industrial Parks Limited

Incorporated in 2009 and backed by Blackstone Group, Horizon Industrial Parks is an industrial and logistics infrastructure platform in India. According to a JLL report, it is the country’s largest industrial and logistics infrastructure developer, owner and operator by total network. As of the DRHP date, it owned 45 assets across 10 major cities, spanning 58.01 million square feet (msf). Its portfolio includes fulfillment centers, industrial facilities and in-city centers serving sectors such as e-commerce, FMCG, retail, manufacturing, automotive and renewable energy.

The company also provides integrated solutions such as turnkey development, solar energy, cold storage, staff accommodation and skill development centers. As of November 30, 2025, it had served more than 100 customers across various industries, including multinational corporations. Its strategically located facilities, technical capabilities and end-to-end services support its presence across India’s industrial and logistics infrastructure market.

Key Financial Highlights 

Particulars

FY26     

  (in ₹ crore)

FY25      

  (in ₹ crore)

FY24                                         (in ₹ crore)

Revenue from operations

691.38 

390.29 

228.86

EBITDA

607.80 

339.12 

151.51

Profit After Tax (PAT)

(203.65) 

(178.78) 

(162.21)

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.   

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