Horizon Industrial Parks IPO Day 1: Subscription Status, Timeline & Key Issue Details

17 August 2026
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Horizon Industrial Parks’s ₹2,600.00 crore initial public offering (IPO) opened for public subscription today, August 17, 2026, with a price band of ₹57 to ₹60 per share. As of 10:15 A.M on the first day of bidding, the issue had been subscribed 0.01 times.

The IPO will remain open for subscription until August 19, 2026. The basis of allotment is expected to be finalised on August 20, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE 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 Day 1 Subscription Status

[August 17, 2026, 10:15 A.M.]

Category 

Subscription (x)

Qualified Institutional Buyers (QIBs)

0.00x

Non-Institutional Investors (NIIs)

0.00x

Retail Individual Investors (RIIs)

0.03x

Total 

0.01x

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 Indian industrial and logistics infrastructure platform. 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, the company owned 45 assets across 10 major cities, covering 58.01 million square feet (msf). Its portfolio comprises fulfilment centres, industrial facilities and in-city centres catering to industries such as e-commerce, FMCG, retail, manufacturing, automotive and renewable energy.

The company also offers integrated services, including turnkey development, solar power, cold storage, staff accommodation and skill development centres. As of November 30, 2025, it served more than 100 customers across multiple industries, including multinational corporations. Its strategically positioned facilities, technical expertise and end-to-end solutions strengthen its presence in India’s industrial and logistics infrastructure sector.

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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