HORIZONIND · NSE,BSE · warehousing and logistics
Horizon Industrial Parks IPO listed on 24 Aug 2026 on NSE,BSE at ₹60.25, a gain of 0.42% over the issue price of ₹60.00. The IPO was subscribed 1.52x overall.
Horizon Industrial Parks IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 17 Aug 2026 |
| IPO Close Date | 19 Aug 2026 |
| Basis of Allotment | 20 Aug 2026 |
| Initiation of Refunds | 21 Aug 2026 |
| Credit of Shares to Demat | 21 Aug 2026 |
| Listing Date | 24 Aug 2026 |
Listing day gain
+0.42%
Listed at ₹60.25 (issue ₹60)
Issue
₹60
Listing
₹60.25
Current
₹58.16
-3.07% vs issue
Day range
₹56.57 – ₹60.25
Issue Size
433,409,090 shares
(aggregating up to ₹2,600.00 Cr)
Issue Price
₹57 – ₹60
Face Value
₹10/share
Market Lot
250 shares
Retail Min Investment
₹15,000
Listing At
NSE,BSE
Sale Type
fresh issue
Fresh Issue
433,409,090 shares
(aggregating up to ₹2,600 Cr)
Offer for Sale
[.]
Employee Discount
₹5
Issue Type
book building
Open Date
17 Aug
Close Date
19 Aug
Allotment
20 Aug
Listing
24 Aug
Last updated: 1 month ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 24 Aug 2026 Latest | ₹60 | ₹1.5 | ₹61.5 | ₹1.5 |
2.5%
|
12:07 AM |
| 23 Aug 2026 | ₹60 | ₹1.5 | ₹61.5 | ₹1.5 |
2.5%
|
11:53 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 19 Aug 2026
| Category | Subscribed (x) |
|---|---|
| QIB | 1.94x |
| NII | 1.03x |
| bNII (bids above ₹10L) | 1.19x |
| sNII (bids below ₹10L) | 0.7x |
| Retail Investors | 1.02x |
| Employees | 1.64x |
| Total | 1.52x |
Showing the latest subscription snapshot.
View full subscription historyBREP 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. are the promoters of the Company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 250 | ₹15,000 |
| Retail (Max) | 13 | 3,250 | ₹195,000 |
| S-HNI (Min) | 14 | 3,500 | ₹210,000 |
| S-HNI (Max) | 66 | 16,500 | ₹990,000 |
| B-HNI (Min) | 67 | 16,750 | ₹1,005,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 324,431,819 (74.86%) |
|
•
Anchor Investor Shares Offered
|
194,625,000 (44.91%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
129,806,819 (29.95%) |
| NII (HNI) Shares Offered | 64,886,364 (14.97%) |
|
•
bNII > ₹10L
|
43,257,576 (9.98%) |
|
•
sNII < ₹10L
|
21,628,788 (4.99%) |
| Retail Shares Offered | 43,257,576 (9.98%) |
| Employees Shares Offered | 833,331 (0.19%) |
| Total Shares Offered | 433,409,090 (100.00%) |
Established as a premium warehousing and logistics platform, Horizon Industrial Parks Limited has rapidly positioned itself as a critical enabler of India’s modern supply chain infrastructure. Headquartered in Mumbai, Maharashtra, the company specializes in developing, owning, and operating institutional-grade, Grade-A industrial and logistics parks. They cater to a diverse array of fast-growing sectors, including e-commerce, third-party logistics (3PL), FMCG, automobiles, and light manufacturing, providing them with highly efficient, scalable spatial solutions.
The defining operational edge of Horizon Industrial Parks lies in its expansive nationwide footprint and commitment to world-class construction standards. The company manages a vast portfolio of strategically located parks across major consumption and manufacturing hubs, including the National Capital Region (NCR), Mumbai, Bengaluru, Hyderabad, and Chennai. Many of their flagship facilities boast prestigious Indian Green Building Council (IGBC) Platinum certifications, reflecting a core corporate philosophy that integrates robust technological infrastructure with environmental sustainability.
Under the guidance of an experienced leadership team led by Chief Executive Officer Urvish Rambhia, Horizon functions as a human-centric organization that prioritizes long-term partnership over simple leasing transactions. By offering a balanced mix of ready-to-move-in facilities and custom built-to-suit complexes, the platform effectively lowers operational bottlenecks for global consumer brands and domestic manufacturing leaders alike, driving structural modernization across India's logistics landscape.
To see a visual breakdown of the operational environments and tailored facilities they build, watch the Horizon Industrial Parks Growth Overview, which showcases how their infrastructure integrates with various manufacturing and supply chain sectors.
Standalone · ₹ in Crores
| Particulars | FY Mar 2024 | FY Mar 2025 | FY Mar 2026 |
|---|---|---|---|
| Total Revenue | 249.64 | 404.12 | 767.84 |
| Profit After Tax (PAT) | -138.97 | -129.57 | -203.65 |
| EBITDA | 157.98 | 310.82 | 607.8 |
| Total Assets | 4,290.27 | 7,360.03 | 13,495.13 |
| Net Worth | 293.24 | 731.21 | 4,676.16 |
| Reserves & Surplus | 135.82 | 1,081.29 | 3,214.54 |
| Total Borrowing | 3,284.08 | 5,254.85 | 6,884.34 |
Revenue & Profit Trend
Key ratios per fiscal period
| Particulars | Mar 2026 |
|---|---|
| RoE Return on Equity Shows how much profit the company makes on the money shareholders have put in. 15% to 20% is healthy in most industries. | -4.23% |
| EBITDA Margin Earnings Before Interest, Tax, Depreciation and Amortisation Margin Profit from the main business as a share of sales, before loan interest and tax. Compare it with other companies in the same industry. | 79.16% |
| P/BV Price to Book Value Tells you if the IPO price is above what the company actually owns. 1x to 3x is usually seen as reasonable. | 2.15x |
Issue-level · at the upper price band
| Particulars | Pre-IPO | Post-IPO |
|---|---|---|
| EPS Earnings Per Share Profit the company earns on each share. Post-IPO EPS is usually lower because the issue adds new shares. | ₹-0.83 | - |
| P/E Price to Earnings Tells you if the IPO price is fair for what the company earns. Compare it with listed companies in the same sector. | -72.29x | - |
| Market Cap Market Capitalisation What the whole company is valued at, at the upper price band. Post-IPO counts the new shares the issue creates. | ₹14,697 Cr | ₹17,298 Cr |
The basis of allotment for Horizon Industrial Parks IPO was finalised on 20 Aug 2026. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The Horizon Industrial Parks IPO is expected to open in Aug 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Horizon Industrial Parks IPO is ₹57.00 - ₹60.00 per share.
As per market sources, Horizon Industrial Parks IPO GMP is currently ₹1.50. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Horizon Industrial Parks IPO stands at 1.52x overall.
The listing date for Horizon Industrial Parks IPO is 24 Aug 2026.
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