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.
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.
[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 |
The company intends to utilise the net proceeds from the fresh issue towards:
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.
|
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.
To read the RA disclaimer, please click here