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HORIZON INDUSTRIAL PARKS IPO

ALREADY DEPARTEDNSE, BSE · MAINBOARD · REAL ESTATE RELATED SERVICES
INDICATIVE FARE / PRICE BAND
₹60
BAND INDICATIVE · NOTHING FINAL UNTIL THE RHP
FIGURES ON THIS PAGE AS OF 31 AUG 2026, 14:03 IST · REFRESHED THROUGH THE DAY
THE FARE BOARD · KEY NUMBERS

BY THE NUMBERS.

PRICE BAND
₹60
LOT SIZE
250 SHARES
ISSUE SIZE
₹2600.04 CR
MIN INVESTMENT
₹15,000 · 250 SHARES
P/E RATIO
-72.29
THE TIMETABLE · FOUR STOPS
THE JOURNEY.
OPENS
17 AUG 26
✓ STOP CLEARED
CLOSES
19 AUG 26
✓ STOP CLEARED
ALLOTMENT
20 AUG 26
✓ STOP CLEARED
LISTING
24 AUG 26
✓ STOP CLEARED
ANCHOR BIDDING14 AUG 26REFUNDS INITIATED21 AUG 26SHARES IN DEMAT21 AUG 26ANCHOR LOCK-IN ENDS · 30 DAY19 SEPT 26ANCHOR LOCK-IN ENDS · 90 DAY18 NOV 26
TIMETABLE AS FILED · DATES CAN MOVE · CONFIRM AGAINST THE OFFICIAL RHP AND THE REGISTRAR
END OF THE LINE · LISTING DAY

WHERE IT LANDED.

LISTING PRICE
₹60.25
DAY-1 LISTING GAIN
+0.42%
THE BOOKING SHEET · SUBSCRIPTION

HOW FULL THE BUS GOT.

OVERALL SUBSCRIPTION1.52×
QIB1.94×
NII1.03×
SMALL HNI0.7×
BIG HNI1.19×
RETAIL1.02×
THE CENTRE TICK = 1× · BUS FULL · SUBSCRIPTION FIGURES AS REPORTED BY THE EXCHANGES · TIMES THE ISSUE · INFORMATION ONLY
THE FARE TABLE · WHAT AN APPLICATION COSTS

TICKET CLASSES.

APPLICATIONLOTSSHARESAMOUNT
RETAIL · MINIMUM · AS PUBLISHED1250₹15,000
RETAIL · MAXIMUM · COMPUTED133,250₹1,95,000
SMALL HNI · MINIMUM · AS PUBLISHED143,500₹2,10,000
SMALL HNI · MAXIMUM · COMPUTED6616,500₹9,90,000
BIG HNI · MINIMUM · AS PUBLISHED6716,750₹10,05,000
EACH ROW SAYS WHETHER ITS FIGURES ARE THE QUANTITIES PUBLISHED FOR THIS ISSUE OR OUR OWN ARITHMETIC · COMPUTED ROWS ARE LOT SIZE × UPPER BAND · AMOUNTS AT THE UPPER BAND OF ₹60 · CATEGORY LIMITS PER SEBI THRESHOLDS (₹2 LAKH RETAIL CEILING, ₹10 LAKH SHNI/BHNI BOUNDARY) · INFORMATION ONLY · WE DO NOT ACCEPT OR PROCESS IPO APPLICATIONS
THE MANIFEST · ISSUE STRUCTURE

HOW THE ISSUE IS BUILT.

FACE VALUE
₹10
ISSUE TYPE
BOOK BUILD ISSUE
FRESH ISSUE
₹2,600.04 CR
43,34,09,090 SHARES
TOTAL SHARES OFFERED
43,34,09,090

The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.

FIGURES AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
THE GAUGES · VALUATION AND RETURNS

ON THE DASHBOARD.

EPS · PRE-ISSUE
-0.83
EPS · POST-ISSUE
-0.71
P/E RATIO
-72.29
P/E · POST-ISSUE
-84.51
RONW
-4.23%
EBITDA MARGIN
79.16%
PRICE / BOOK
2.15
NAV PER SHARE
₹27.89
MARKET CAP
₹17,297.61 CR
FIGURES STATED AS OF 31 MAR 2026 · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · A REPORTED RATIO IS NOT A VIEW ON VALUE · CONFIRM AGAINST THE OFFICIAL RHP
THE LOGBOOK · REPORTED FINANCIALS

THE RUNNING RECORD.

INR CR31 MAR 2431 MAR 2531 MAR 26
ASSETS4,993.189,851.5413,495.13
TOTAL INCOME245.52439.35767.84
PROFIT AFTER TAX-162.21-178.78-203.65
EBITDA151.51339.12607.8
NET WORTH266.951224,676.16
RESERVES AND SURPLUS-334.75-530.093,214.54
TOTAL BORROWING3,688.217,009.116,884.34
AMOUNTS IN INR CR · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · CONFIRM AGAINST THE OFFICIAL RHP
WHERE THE FARE GOES · OBJECTS OF THE ISSUE

WHAT THE MONEY IS FOR.

OBJECT OF THE ISSUEINR CR
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., Lakshmi2,250
General Corporate Purposes
INR CR 2,250 ALLOCATED IN TOTAL · OBJECTS AND AMOUNTS AS PUBLISHED FOR THIS ISSUE · AN OBJECT WITH NO AMOUNT AGAINST IT IS SHOWN AS PUBLISHED · CONFIRM AGAINST THE OFFICIAL RHP
THE SEATING PLAN · CATEGORY RESERVATION

WHO GETS WHICH SEATS.

ANCHOR INVESTOR
19,46,25,000
SHARES
QIB
12,98,06,819
Not less than 75% of the Net Issue
NII (HNI)
6,48,86,363
Not more than 15% of the Net Issue
SNII
2,16,28,788
SHARES
BNII
4,32,57,576
SHARES
RETAIL
4,32,57,576
Not more than 10% of the Net Issue
EMPLOYEE
8,33,332
SHARES
43,34,09,090 SHARES ACROSS ALL CATEGORIES · CATEGORY SPLIT AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
ABOUT THIS SERVICE

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.

THE CREW · WHO IS RUNNING THIS SERVICE

ON THE ROSTER.

PROMOTERS
NAMES
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.
HOLDING PRE-ISSUE
88.74%
HOLDING POST-ISSUE
75.4%
BOOK-RUNNING LEAD MANAGERS
5 APPOINTED
JM Financial Ltd., Axis Capital Ltd., IIFL Capital Services Ltd., SBI Capital Markets Ltd., 360 One WAM Ltd.
REGISTRAR TO THE ISSUE
NAME
Kfin Technologies Ltd.
PHONE
040-79615565
THE COMPANY
PHONE
+91 22 4158 1000
REGISTERED OFFICE
One World Centre, Unit No 1501B, Tower 1, 841, Jupiter Textile Mills, Senapati Bapat Marg, Mumbai, Maharashtra, 400013
DETAILS AS PUBLISHED FOR THIS ISSUE · ALLOTMENT IS HANDLED BY THE REGISTRAR, NOT BY BUYUNLISTEDSHARES · WE NEVER ASK FOR PAN OR APPLICATION DETAILS
THE ENQUIRY DESK · QUESTIONS

COMMON QUESTIONS.

What is the Horizon Industrial Parks IPO price band?+

The indicative price band is ₹60 per share. The binding terms are the ones in the Red Herring Prospectus (RHP).

What is the lot size of the Horizon Industrial Parks IPO?+

One lot is 250 shares. At the upper band of ₹60, one lot works out to ₹15,000.

How many lots can a retail investor apply for in the Horizon Industrial Parks IPO?+

A retail application runs from 1 lot (250 shares, ₹15,000) up to 13 lots (3,250 shares, ₹1,95,000) — the most that fits under SEBI's ₹2 lakh retail ceiling.

What is the minimum HNI application in the Horizon Industrial Parks IPO?+

A small-HNI (sHNI) application starts at 14 lots — 3,500 shares, ₹2,10,000. A big-HNI (bHNI) application starts at 67 lots — 16,750 shares, ₹10,05,000, above the ₹10 lakh boundary.

When does the Horizon Industrial Parks IPO open and close?+

The issue opened on 17 Aug 2026 and closed on 19 Aug 2026. Dates can move — the registrar and the exchange notices are the record.

When is the Horizon Industrial Parks IPO allotment?+

Allotment is scheduled for 20 Aug 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.

When did Horizon Industrial Parks list?+

Listing took place on 24 Aug 2026 on NSE, BSE.

Where will Horizon Industrial Parks be listed?+

Horizon Industrial Parks is listed on NSE, BSE. It is a mainboard issue.

How large is the Horizon Industrial Parks IPO?+

The issue size is ₹2600.04 Cr — a fresh issue of ₹2,600.04 cr. Figures are indicative and subject to the RHP.

How was the Horizon Industrial Parks IPO subscribed?+

The issue was subscribed 1.52× overall. By category: qib 1.94×, nii 1.03×, small hni 0.7×, big hni 1.19×, retail 1.02×. Subscription figures are as reported by the exchanges.

At what price did Horizon Industrial Parks list?+

Horizon Industrial Parks listed at ₹60.25, +0.42% against the issue price.

Who is the registrar for the Horizon Industrial Parks IPO?+

The registrar to the issue is Kfin Technologies Ltd. (040-79615565), horizon.ipo@kfintech.com.

Where can I check the Horizon Industrial Parks IPO allotment status?+

Allotment status is published by the registrar on its own official portal: https://ipostatus.kfintech.com/. Use the registrar's site directly — BuyUnlistedShares does not ask for PAN, application numbers or any other applicant detail.

What is the P/E ratio of the Horizon Industrial Parks IPO?+

The P/E ratio on file for this issue is -72.29, and the post-issue P/E is -84.51, stated as of 31 Mar 2026. A reported ratio is not a view on value.

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Dates, price band, lot size, issue size and subscription figures are indicative and subject to the official Red Herring Prospectus (RHP). Application amounts shown in the fare table are arithmetic on the lot size and the upper band against SEBI's category thresholds — they are not an application facility and we do not accept IPO applications. GMP is unofficial grey-market chatter that changes daily — not a target, not a quote and not a recommendation. This page is information only: it is not an offer to deal and not investment advice. BuyUnlistedShares provides information and research, not buy/sell recommendations. All IPOs carry market risk — read the RHP and assess suitability before applying.
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TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,400 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,990 · NATIONAL STOCK EXCHANGE (NSE) ₹1,985 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹249 · BIRA 91 (B9 BEVERAGES LIMITED) ₹82 · ZEPTO ₹33 · ORAVEL STAYS (OYO ROOMS) ₹24.5 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,400 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,990 · NATIONAL STOCK EXCHANGE (NSE) ₹1,985 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹249 · BIRA 91 (B9 BEVERAGES LIMITED) ₹82 · ZEPTO ₹33 · ORAVEL STAYS (OYO ROOMS) ₹24.5 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —