GMP IPO Watch
GMP Update
Horizon Industrial Parks Lists Flat Today: ₹2,600 Crore IPO Debuts Near ₹60 as Blackstone-Backed Logistics Platform Enters Market
Horizon Industrial Parks made its stock-market debut today, August 24, 2026, after completing its ₹2,600 crore mainboard IPO at ₹60 per share. The stock opened at ₹60.25 on NSE and ₹59.65 on BSE, resulting in a nearly flat listing despite earlier grey-market expectations. The Blackstone-backed industrial and logistics infrastructure company operates 45 assets across 10 major Indian markets with 58.58 million sq. ft. of leasable area. With the IPO entirely comprising fresh shares and a large portion of proceeds intended for debt repayment, investors will now focus on occupancy, rental growth, debt reduction and cash-flow improvement.
