Horizon Industrial Parks IPO: dates, price band, lot size and GMP
Horizon Industrial Parks IPO listed on 24 Aug at ₹60.25 (NSE, BSE). Issue dates 17 – 19 Aug 2026, price band ₹60, lot 250 shares. The shares now trade on the exchange; any pre-IPO price on this site is historical.
Listing: Horizon Industrial Parks listed on 24 Aug 2026 on NSE, BSE at ₹60.25, +₹0.25 (+0.4%) against the ₹60 upper band. Horizon Industrial Parks IPO listing date, price and gain · Recently listed IPOs
Updated 17 Oct 2026, 22:10 IST. Unofficial grey-market figures, dated.
BuyUnlistedShares tracks 208 IPOs on its calendar; the Horizon Industrial Parks IPO has a price band of ₹60, a lot of 250 shares and no grey-market premium reported yet as of 17 Oct 2026.
Key details
| Board | Mainboard |
|---|---|
| Issue dates | 17 – 19 Aug 2026 |
| Price band | ₹60 |
| Lot size | 250 shares |
| Issue size | ₹2,600.04 Cr |
| Fresh issue | ₹2,600.04 Cr |
| Subscription | 1.52x |
| Registrar | Kfin Technologies Ltd. |
| Lead managers | JM Financial Ltd., Axis Capital Ltd., IIFL Capital Services Ltd., SBI Capital Markets Ltd., 360 One WAM Ltd. |
| Status | Listed |
Timeline
- Issue opens: 17 Aug
- Issue closes: 19 Aug
- Allotment: 20 Aug
- Refunds: 21 Aug
- Demat credit: 21 Aug
- Listing: 24 Aug
Live subscription
| Category | Subscribed |
|---|---|
| QIB | 1.94x |
| NII | 1.03x |
| sNII | 0.7x |
| bNII | 1.19x |
| Retail | 1.02x |
| Total | 1.52x |
Last updated 19 Aug 2026, 6:55 PM IST.
Issue details
| Face value | ₹10 |
|---|---|
| Issue type | Book Build Issue |
| Listing at | NSE, BSE |
| Market cap at the upper band | ₹17,298 Cr |
| Fresh issue (shares) | 43,34,09,090 |
| Total shares offered | 43,34,09,090 |
| Promoter holding pre-issue | 88.74% |
| Promoter holding post-issue | 75.4% |
| Promoters | BREP Asia II EIP Holding (NQ) Pte.Ltd., Brep ASIA II Indian Holdings Co.VI (NQ) Pte.Ltd., BREP Asia III India Holdings Co.III Pte.Ltd. |
| Lead managers | JM Financial Ltd., Axis Capital Ltd., IIFL Capital Services Ltd., SBI Capital Markets Ltd., 360 One WAM Ltd. |
| Registrar phone | 040-79615565 |
| Registrar email | horizon.ipo@kfintech.com |
| Company website | hiparks.com |
| Anchor bid date | 14 Aug 2026 |
| Anchor lock-in ends (50%) | 19 Sep 2026 |
| Anchor lock-in ends (remaining) | 18 Nov 2026 |
Lot sizes by investor category
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 1 | 250 | ₹15,000 |
| Retail (maximum) | 14 | 3,500 | ₹2,10,000 |
| sNII (minimum) | 14 | 3,500 | ₹2,10,000 |
| bNII (minimum) | 67 | 16,750 | ₹10,05,000 |
Reservation
| Category | Share of issue | Shares offered | Basis |
|---|---|---|---|
| Anchor Investor | 44.9% | 19,46,25,000 | |
| QIB | 30% | 12,98,06,819 | Not less than 75% of the Net Issue |
| NII (HNI) | 15% | 6,48,86,363 | Not more than 15% of the Net Issue |
| sNII | 5% | 2,16,28,788 | |
| bNII | 10% | 4,32,57,576 | |
| Retail | 10% | 4,32,57,576 | Not more than 10% of the Net Issue |
| Employee | 0.2% | 8,33,332 |
Subscription by day
| Day | QIB | NII | sHNI | bHNI | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 · 17 Aug | 0.19x | 0.03x | 0.04x | 0.03x | 0.21x | 0.15x |
| Day 2 · 18 Aug | 0.22x | 0.16x | 0.11x | 0.19x | 0.46x | 0.25x |
| Day 3 · 19 Aug | 1.94x | 1.03x | 0.70x | 1.19x | 1.02x | 1.52x |
Key ratios as of 31 Mar 2026
| EPS (pre-issue) | ₹−0.83 |
|---|---|
| EPS (post-issue) | ₹−0.71 |
| RoNW | −4.23% |
| EBITDA margin | 79.16% |
| Price / book | 2.15x |
| NAV per share | ₹27.89 |
| Market cap (upper band) | ₹17,298 Cr |
Financials (₹ Cr)
| Metric | FY26 | FY25 | FY24 | FY26 vs FY25 |
|---|---|---|---|---|
| Assets | 13,495.13 | 9,851.54 | 4,993.18 | +37% |
| Total Income | 767.84 | 439.35 | 245.52 | +74.8% |
| Profit After Tax | −203.65 | −178.78 | −162.21 | −13.9% |
| EBITDA | 607.8 | 339.12 | 151.51 | +79.2% |
| NET Worth | 4,676.16 | 122 | 266.95 | ×38.3 |
| Reserves and Surplus | 3,214.54 | −530.09 | −334.75 | loss to profit |
| Total Borrowing | 6,884.34 | 7,009.11 | 3,688.21 | −1.8% |
About Horizon Industrial Parks
Horizon Industrial Parks , sponsored by the Blackstone Group, is India's largest owner, developer, and operator of industrial and logistics real estate by network size, according to a JLL report. As of the date of the DRHP, the company manages a portfolio of 45 industrial and logistics parks spread across 10 key Indian cities, encompassing approximately 58.01 million square feet of space. Business Overview The company focuses on the development, ownership, and leasing of high-quality warehousing and industrial infrastructure for leading domestic and multinational businesses.
Its portfolio is designed to support supply chain, manufacturing, and distribution requirements across multiple industries. Key Asset Categories Fulfillment and Warehousing Centers: Facilities catering to e-commerce, retail, FMCG, logistics, and distribution companies. As of November 30, 2025, these assets accounted for approximately 15.55 million square feet , representing around 58% of the operational portfolio. Industrial and Manufacturing Facilities: Properties designed for sectors such as automotive, electronics, renewable energy, electric vehicles, and general manufacturing.
These assets comprised approximately 10.36 million square feet , or 39% of the operational area as of November 30, 2025. In-City Logistics Centers: Strategically located facilities that support last-mile delivery and urban distribution. These centers serve businesses such as dark stores, pharmaceutical companies, cloud kitchens, retailers, and service providers. The company has a development pipeline of approximately 6.31 million square feet across seven cities.
In addition to its core infrastructure offerings, Horizon Industrial Parks provides value-added solutions, including built-to-suit facilities, renewable energy and solar installations, cold-chain infrastructure, workforce accommodation, and skill development initiatives. Customer Base As of November 30, 2025, the company had served more than 100 customers across industries such as e-commerce, retail, FMCG, manufacturing, renewable energy, and auto ancillary. Its nationwide network, technical expertise, and integrated service platform enable it to cater to both multinational corporations and leading domestic enterprises.
Key Competitive Advantages Market-leading industrial and logistics platform with strategically located, premium-grade assets across major consumption and manufacturing hubs. Strong positioning to benefit from long-term growth trends in Indian manufacturing, consumption, supply chains, and e-commerce. Deep customer relationships supported by integrated services that extend beyond real estate to create a comprehensive business ecosystem. Robust engineering and project execution capabilities for developing complex industrial and logistics infrastructure. Demonstrated expertise in acquisitions, development projects, joint ventures, and collaborations with government authorities.
Focus on sustainability through environmentally responsible development practices and high operational standards. Experienced leadership team with extensive industry knowledge and a proven execution track record.
Objects of the issue
- 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 — ₹2,250 Cr
- General Corporate Purposes
Net proceeds: ₹2,250 Cr
Offer documents: DRHP (PDF) · RHP (PDF)
Frequently asked questions
When does the Horizon Industrial Parks IPO open and close?
The issue is scheduled for 17 – 19 Aug 2026.
What is the Horizon Industrial Parks IPO price band?
The price band is ₹60 per share with a lot size of 250 shares.
How big is the Horizon Industrial Parks IPO?
The total issue size is ₹2,600.04 Cr.
When will Horizon Industrial Parks list?
The tentative listing date is 24 Aug on the main board.
How do I apply for the Horizon Industrial Parks IPO?
Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.
Sources
- Draft red herring prospectus (DRHP), Horizon Industrial Parks · as filed with SEBI · nsearchives.nseindia.com
- Red herring prospectus (RHP), Horizon Industrial Parks · as filed · listing.bseindia.com
- Registrar allotment page, Kfin Technologies Ltd. · allotment 20 Aug · ipostatus.kfintech.com
- NSE public issues page · listing 24 Aug · nseindia.com
- BSE public issues page · listing 24 Aug · bseindia.com
- Horizon Industrial Parks company website · hiparks.com
- BuyUnlistedShares IPO record: GMP, subscription and allotment, dated daily · GMP as of 24 Aug, 04:07 · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Horizon Industrial Parks IPO”, https://buyunlistedshares.com/ipo/horizon-industrial-parks-ipo, as of 17 Oct 2026.
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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP. In the market since 2002. Data as of 17 Oct 2026.
Our notes on this IPO
- Read our note: Horizon Industrial Parks IPO 2026: Price Band, Dates, Lot Size & Key Details
Guides for IPO applicants and pre-IPO holders
- The risks of buying unlisted and pre-IPO shares in India
- Unlisted Shares Lock-In Period: What Every Investor Must Know (2026)
- What Happens to Your Unlisted Shares After the IPO? Lock-In Periods Explained
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