GMP IPO Watch
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 complet...
Read Article
H
Mainboard IPO
LISTED
NSE, BSE
HORIZON
Horizon Industrial Parks IPO
Horizon Industrial Parks IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹2
+3.3%
Est. Listing: ₹62.00
Price Band
₹57 - ₹60
Per equity share
Lot Size
250 Shares
Min Invest: ₹15,000
Issue Size
₹2,600 Cr
Total Public Offering
Issue Dates
16 August 2026 – 18 August 2026
Bidding period
Subscription
1.45x
Total overall demand
Horizon Industrial Parks IPO Details
Key facts at a glance| IPO Open Date | 16 August 2026 | IPO Close Date | 18 August 2026 |
|---|---|---|---|
| Basis of Allotment | 19 August 2026 | Listing Date | 23 August 2026 |
| Price Band | ₹57 - ₹60 per share | Face Value | ₹10 per share |
| Market Lot Size | 250 Shares | Min Investment (Retail) | ₹15,000 |
| Total Issue Size | ₹2,600 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | Mainboard Issue |
| Registrar | TBA | ||
Horizon Industrial Parks IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 16 August 2026 | Confirmed |
| IPO Close Date | 18 August 2026 | Confirmed |
| Basis of Allotment | 19 August 2026 | Tentative |
| Initiation of Refunds | 21 August 2026 | Tentative |
| Credit of Shares to Demat | 21 August 2026 | Tentative |
| IPO Listing Date | 23 August 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 19 August 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Horizon Industrial Parks IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 250 Shares | ₹15,000 |
| Retail (Max) | 13 Lots | 3,250 Shares | ₹1,95,000 |
| S-HNI (Min) | 14 Lots | 3,500 Shares | ₹2,10,000 |
| S-HNI (Max) | 66 Lots | 16,500 Shares | ₹9,90,000 |
| B-HNI (Min) | 67 Lots | 16,750 Shares | ₹10,05,000 |
Horizon Industrial Parks IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹2 +3.3%
Estimated Listing Price
₹62.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 20 Aug 2026 | ₹1 | ₹61.00 | +1.67% |
| 19 Aug 2026 | ₹2 | ₹62.00 | +3.33% |
| 18 Aug 2026 | ₹1.7 | ₹61.70 | +2.83% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Horizon Industrial Parks IPO Subscription Status
Demand breakdown by investor category
Retail
0.96x
QIB
1.85x
NII / HNI
0.98x
Total
1.45x
About Horizon Industrial Parks
Horizon Industrial Parks Limited is primarily engaged in the business of developing, operating, and maintaining industrial and warehousing parks across India. The company develops Grade A+ specification facilities located in major industrial and consumption hubs, enabling customers to reduce upfront capital expenditure and accelerate their time-to-market. Its offerings include providing customer-specific enhancements such as cold storage, compressed air systems, and high-capacity electrical infrastructure. A key area of focus is in-city logistics, where it operates a large network of strategically located centers that support last-mile delivery, dark stores, and light industrial operations. The company positions itself as a pure-play platform offering comprehensive solutions to its customers by combining real estate, infrastructure, and operational services under one roof.
Key Strengths
- Market leader with a large, strategically located network of industrial and logistics parks.
- Operates a pure-play, integrated platform combining real estate, infrastructure, and services.
- Maintains an unrivalled network of in-city centers for last-mile delivery.
- Possesses proven engineering and technical capabilities for complex industrial projects.
- Backed by an experienced promoter with extensive industry and execution expertise.
Key Risks
- A significant portion of the network is under development and subject to construction and cost overrun risks.
- Substantial indebtedness requires significant cash flow to service, limiting operational flexibility.
- The business is capital-intensive and may be unable to secure timely funding for future growth.
- Operations are subject to a broad range of government regulations, including environmental and labor laws.
- Contingent liabilities and legal proceedings related to taxes, land titles, and other claims could have an adverse effect.
Horizon Industrial Parks IPO Reservation & Share Quotas
The Horizon Industrial Parks IPO has a category-wise reservation structure for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail Individual Investors (RIIs), and Anchor Investors. The allocation determines the proportion of the net offer available to different investor categories.
As per the proposed reservation structure, 75% of the offer is allocated to Qualified Institutional Buyers, excluding the anchor investor portion. Non-Institutional Investors have a reservation of 15%, while 10% of the offer is reserved for Retail Individual Investors.
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| Qualified Institutional Buyers (QIB) (Ex. Anchor) | – Shares | 75% |
| Non-Institutional Investors (NII) | – Shares | 15% |
| Retail Individual Investors (RII) | – Shares | 10% |
Note: The exact number of shares reserved for each investor category can be updated once the final issue and anchor allocation details are available. The final allotment will depend on subscription levels and the basis of allotment finalized after the IPO closes.
Horizon Industrial Parks IPO Anchor Investors
The Horizon Industrial Parks IPO anchor investor bidding is scheduled for August 14, 2026, ahead of the public issue opening on August 17. The final anchor investor list, number of equity shares allocated and total anchor investment amount will be available after completion of the anchor bidding process.
The anchor allocation is subject to applicable lock-in requirements. As per the provided structure, 50% of the anchor shares will have a 30-day lock-in period, while the remaining 50% will have a 90-day lock-in period.
| Particular | Details |
|---|---|
| Anchor Bidding Date | August 14, 2026 |
| Anchor Investors List | To be Updated |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date – 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date – Remaining 50% Shares (90 Days) | 2026 |
Note: The anchor investor list, shares allocated, anchor size and exact 30-day and 90-day lock-in expiry dates will be updated once the final anchor allocation details are announced.
Horizon Industrial Parks IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 17 Aug 2026 |
| IPO Close Date | 19 Aug 2026 |
| Basis of Allotment | 20 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 24 Aug 2026 |
Note: The timeline for ஹொரைசன் தொழில்துறை பூங்காக்கள் IPO is tentative and subject to change.
Horizon Industrial Parks Promoters and Shareholding Pattern
The promoters of Horizon Industrial Parks are BREP Asia II EIP Holding (NQ) Pte. Ltd., BREP Asia II Indian Holdings Co. VI (NQ) Pte. Ltd. and BREP Asia III India Holdings Co. III Pte. Ltd.
Prior to the IPO, the promoter and promoter group collectively hold 88.74% of the company's equity share capital, while other shareholders hold 11.26%. Following completion of the IPO, the promoter group's holding is expected to decline to approximately 75.40%, while the holding of other shareholders is expected to increase to 24.60%.
Promoters of Horizon Industrial Parks
- 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.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 2,173,652,861 | 88.74% | – | 75.40% |
| Others* | 275,873,599 | 11.26% | – | 24.60% |
| Total | 2,44,95,26,460 | 100% | 2,88,29,35,550 | 100% |
Note: The above table summarizes the pre-IPO and post-IPO holding pattern of Horizon Industrial Parks based on the provided shareholding information. The promoter group's ownership is expected to dilute from 88.74% before the issue to approximately 75.40% after the IPO.
Horizon Industrial Parks Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Horizon Industrial Parks About the IPO
Horizon Industrial Parks, founded in 2009, is India’s leading industrial and logistics infrastructure developer, owning 45 logistics and industrial assets across 10 major Indian cities. The firm develops and leases large, modern warehouses businesses can use for manufacturing, warehousing, storage, and distribution.
Horizon Industrial Parks operates fulfillment centers for warehousing, industrial facilities for manufacturing, and in-city centers for last-mile delivery, serving sectors such as e-commerce, FMCG, EVs, electronics, retail, pharma, and logistics. As of now, the firm has the largest Grade A industrial and warehouse property portfolios in India, which include 45 parks across 10 key markets, covering 2,200+ acres. Moreover, the firm is also planning to obtain another 100 acres in the Bengaluru region.
Horizon Industrial Parks Company Financial Report
To Be Updated Soon
Horizon Industrial Parks Company Valuation & Key Performance Indicators
To Be Updated Soon
Horizon Industrial Parks Peer Group Comparison
To Be Updated Soon
Horizon Industrial Parks Lead Managers & Merchant Bankers
- JM Financial Ltd.
- Axis Capital Ltd.
- IIFL Capital Services Ltd.
- SBI Capital Markets Ltd.
- 360 One WAM Ltd.
Horizon Industrial Parks IPO FAQs
Horizon Industrial Parks IPO opens for subscription on 16 August 2026 and closes on 18 August 2026.
The price band for Horizon Industrial Parks IPO is set at ₹57.00 to ₹60.00 per share.
The minimum market lot size is 250 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 250 Shares (₹15,000).
The latest Grey Market Premium (GMP) for Horizon Industrial Parks IPO is ₹2. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Horizon Industrial Parks IPO is tentatively scheduled for 19 August 2026, and shares are expected to list on the stock exchanges on 23 August 2026.
The registrar details will be confirmed in the official prospectus.
Horizon Industrial Parks IPO Analysis & Articles
