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Horizon Industrial Parks IPO

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HORIZONIND · · NSE

Horizon Industrial Parks Share Price Today

NSE · HORIZONIND · 12 Oct close
₹49.39+0.35 (+0.71%)on 12 Oct
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IPO price₹60.00
Listing price₹60.25+0.4%
Since IPO−17.7%
Day range₹48.62 – ₹49.80

Horizon Industrial Parks share price is ₹49.39 at the 12 Oct close, −17.7% from the ₹60.00 IPO price. It listed at ₹60.25 on 24 Aug.

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Updated · GMP, subscription and listing data refresh through the day.

Horizon Industrial Parks IPO Details

RegistrarKFin Technologies Limited
Lead managersJM Financial Limited, Axis Capital Limited
Offer documentDraft (DRHP)
Fresh issue₹2,600 Cr
Offer for sale—
Market cap at the offer₹17,298 Cr

Market capitalisation is the post-issue share count in the offer document’s capital structure (2,88,29,35,550 shares) multiplied by the upper end of the price band, ₹60. It is arithmetic on those two filed figures, not a valuation.

Horizon Industrial Parks Financials ₹ in crore

Profit change-26%2024 → 2026
Total assets CAGR+64.4%2024 → 2026 · 2 yrs
00%00%11%11%11%202420252026
₹ crore202420252026
Revenue———
Expenses———
Net profit (PAT)₹-162.21₹-178.78₹-203.65
PAT margin———
Total assets₹4,993.18₹9,851.54₹13,495.13

Horizon Industrial Parks Shareholding before & after the IPO

Before the IPO
Pre-issue · RHP capital structure
88.74%
Promoter
After the IPO
Post-issue · as disclosed in the RHP
75.4%
Promoter
Promoter & promoter groupafter the IPO
Holding75.4%
Through the IPO-13.34% · exiting

The founding owners and their group entities.

The post-issue ring is the register this issue’s RHP discloses. Pre-issue register from the RHP capital structure, cross-checked against exchange data. Pre-issue percentages are taken from the disclosure, never estimated.

Horizon Industrial Parks IPO Lot Size & Minimum Investment by investor category

ApplicationSharesAmount at ₹60
Retail (min)1 lot250₹15,000
Retail (max)13 lots3,250₹1,95,000
sHNI (min)14 lots3,500₹2,10,000
bHNI (min)67 lots16,750₹10,05,000

One lot is 250 shares, so a single application at the ₹60 cut-off costs ₹15,000. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.

Horizon Industrial Parks IPO Strengths & Risks as disclosed in the DRHP

▲ Strengths (3)
Largest player with premium-quality offerings, strategically located across prime markets, including in-city locations with a fully integrated platform
Well positioned to benefit from industry tailwinds; Our business is derivative of India’s manufacturing, consumption and e-commerce tailwinds
Strong customer relationship - A testament to our ability to lease and actively manage our assets with an ability to provide a comprehensive business ecosystem to our customers, not just real estate solutions
▼ Risk factors (8)
We require substantial funds for meeting our capital expenditure requirements. We may not be able to secure funding for such capital expenditure in a timely manner or at all which may adversely impact our growth prospects and overall financial performance
The title and development rights or other interests over land where our assets are located, may be subject to legal uncertainties and defects, which may interfere with our ownership of our assets and result in us incurring additional costs to remedy and cure such defects
We are exposed to the risks pertaining to land scarcity and the limited supply of land, increasing competition and applicable regulations, which may adversely affect our business, results of operations and financial condition
A portion of the Net Proceeds are proposed to be utilized for repayment or pre-payment of certain borrowings availed by our Subsidiaries from State Bank of India and Axis Bank Limited, which is an associate of SBI Capital Markets Limited and Axis Capital Limited, respectively, two of the BRLMs
We have substantial indebtedness which requires significant cash flows to service and limits our ability to operate freely. Any breach of terms under our financing arrangements or our inability to meet our obligations, including financial and other covenants under our debt financing arrangements could adversely affect our business and financial condition
Certain of our assets and our Registered and Corporate Office are leased by us. If we are unable to comply with the terms of these lease deeds or renew such lease deeds or enter into new lease deeds on favourable terms, or at all, our business, results of operations, financial condition and cash flows may be adversely affected
In the event we fail to obtain, maintain or renew the statutory and regulatory licenses, permits and approvals required to operate our business, our business, results of operations, financial condition and prospects may be adversely affected
We have contingent liabilities and capital commitments as of March 31, 2026, and our financial condition could be adversely affected if any of these contingent liabilities or capital commitments materialise

How to check Horizon Industrial Parks IPO allotment status

Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Horizon Industrial Parks Limited, the registrar is KFin Technologies Limited — allotment is finalised in the days between the issue closing on 19 Aug 2026 and listing on 24 Aug 2026.

RegistrarKFin Technologies Limited
You will needPAN, application number or demat ID
Issue closes19 Aug 2026
Listing date24 Aug 2026
Issue opens
Mon, 17 Aug, 2026
Bidding 10:00 am – 5:00 pm IST
Issue closes
Wed, 19 Aug, 2026
Last day to bid · UPI mandate by 5:00 pm
Allotment finalisedTentative
Thu, 20 Aug, 2026
By KFin Technologies; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Fri, 21 Aug, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Mon, 24 Aug, 2026
NSE · trading from 10:00 am IST

Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.

The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.

Horizon Industrial Parks IPO FAQs

GMP

What is Horizon Industrial Parks IPO GMP today?

No current grey market premium reading is being quoted for the Horizon Industrial Parks Limited IPO — the issue has listed and the grey market stops quoting once shares trade on the exchange. The day-wise history on this page shows every reading we recorded. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice.

Is Horizon Industrial Parks IPO GMP a guarantee of the listing price?

No. The grey market is an informal, over-the-counter market between private dealers that is not operated or supervised by NSE, BSE or SEBI. No trade settles through a clearing corporation and no dealer is obliged to honour a quote, so the premium can change sharply within a day or disappear after bidding closes.

How often is Horizon Industrial Parks IPO GMP updated on alphave?

The premium is checked about every 20 minutes from third-party grey-market reporters while the issue is live. The history table adds a row only when the premium changes, with the date and time it changed, how much it moved and the listing price it implies.

Subscription

How many times is Horizon Industrial Parks IPO subscribed?

As of 19 Aug, 7:05 pm the Horizon Industrial Parks Limited IPO is subscribed 1.45× overall: QIB 1.85×, non-institutional 0.98× and retail 0.96×. Figures are the exchange's consolidated demand across NSE and BSE.

What is the Horizon Industrial Parks IPO retail subscription status?

The retail portion is subscribed 0.96× as of 19 Aug, 7:05 pm. Retail applications are those up to ₹2,00,000 at the cut-off price.

How do I check Horizon Industrial Parks IPO subscription status?

NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that feed and shows the QIB, NII and retail book, plus one row per day so the build-up over the issue can be compared.

How was Horizon Industrial Parks IPO subscribed day by day?

Overall subscription at the end of each bidding day — day 1 (17 August 2026): 0.14×, day 2 (18 August 2026): 0.24×, day 3 (19 August 2026): 1.45× — from the exchange feed. The day-wise table on this page breaks each day into QIB, non-institutional and retail.

What does 2× subscription mean?

Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment in it is decided by the registrar under the basis-of-allotment rules — retail by lottery for the minimum lot, for example.

Allotment

When is Horizon Industrial Parks IPO allotment date?

Allotment for the Horizon Industrial Parks Limited IPO is expected to be finalised on 20 August 2026, the trading day after the issue closes on 19 August 2026. Under SEBI's T+3 timeline refunds and demat credit follow on 21 August 2026 and the shares list on 24 August 2026. Dates are tentative until the registrar and exchange confirm them.

How to check Horizon Industrial Parks IPO allotment status?

Allotment is decided and published by the registrar, KFin Technologies Limited — not by the exchange and not by alphave. Open the registrar's IPO allotment page, choose the issue, and enter your PAN, application number or DP ID / client ID. Your bank will also show the blocked amount released if shares were not allotted.

Who is the registrar of Horizon Industrial Parks IPO?

The registrar to the Horizon Industrial Parks Limited IPO is KFin Technologies Limited. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.

What happens if I do not get allotment?

The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.

Dates

When does Horizon Industrial Parks IPO open and close?

Bidding for the Horizon Industrial Parks Limited IPO opens on 17 August 2026 and closes on 19 August 2026. Exchange bidding runs from 10:00 am to 5:00 pm IST on each day; UPI mandates must be accepted by 5:00 pm on the closing day, and brokers may stop taking bids somewhat earlier.

What is the Horizon Industrial Parks IPO listing date?

The shares are scheduled to list on 24 August 2026 on NSE. Trading starts at 10:00 am IST after the special pre-open session that discovers the listing price.

How do I apply for Horizon Industrial Parks IPO?

Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 17 August 2026 and 19 August 2026. The amount is only blocked, not debited, until allotment. Retail bids of up to ₹2,00,000 are usually placed at the cut-off price (₹60); a UPI mandate must be approved by 5:00 pm on the closing day.

What is the last date to apply for Horizon Industrial Parks IPO?

19 August 2026 is the last day of bidding. Allotment is then expected on 20 August 2026, refunds and demat credit on 21 August 2026, and listing on 24 August 2026 — tentative until confirmed.

Price & Lot

What is the price band of Horizon Industrial Parks IPO?

The Horizon Industrial Parks Limited IPO price band is ₹60 to ₹60 per share. Applications are made at the cut-off price, which is the upper end of the band.

What is the lot size of Horizon Industrial Parks IPO?

One lot is 250 shares, so a single application at the ₹60 cut-off costs ₹15,000. Retail investors can apply for up to 13 lots within the ₹2,00,000 retail limit.

What is the minimum investment in Horizon Industrial Parks IPO?

₹15,000 — one lot of 250 shares at ₹60. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.

Is Horizon Industrial Parks IPO a mainboard or SME issue, and on which exchange?

Horizon Industrial Parks Limited is a mainboard issue listing on NSE. The lead managers are JM Financial Limited, Axis Capital Limited.

What is the issue size of Horizon Industrial Parks IPO?

The issue size is ₹2,737.35 crore, of which ₹2,600 crore is a fresh issue.

Financials

Is Horizon Industrial Parks profitable?

Horizon Industrial Parks Limited reported a profit after tax of ₹-203.65 crore in FY2026, i.e. a loss for the year. Earlier years are in the table above.

Where do the Horizon Industrial Parks IPO financials come from?

From the restated financial statements in the company's draft and final offer documents filed with SEBI and the exchange. alphave reports them as filed, in ₹ crore, and does not publish a valuation or a view on the issue.

Shareholding

What is the promoter holding in Horizon Industrial Parks after the IPO?

The promoter and promoter group hold 75.40% after the issue, down from 88.74% before it, as disclosed in the offer document.

What is the pre-IPO shareholding of Horizon Industrial Parks?

Before the issue the promoter and promoter group hold 88.74% of Horizon Industrial Parks Limited. An unlisted company has no public shareholders; the public holding is created by the shares sold in this IPO.

Where does the shareholding pattern come from?

The pre-issue register is the capital structure disclosed in the offer document; the post-issue pattern is the company's shareholding-pattern filing with NSE or BSE once it is published, and the offer document's disclosed post-issue register until then.

DRHP

Where can I read the Horizon Industrial Parks DRHP or RHP?

The offer document for the Horizon Industrial Parks Limited IPO is linked on this page as filed with the exchange; SEBI and the lead managers also host it.

What is a DRHP?

The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.

What are the strengths disclosed in the Horizon Industrial Parks DRHP?

Largest player with premium-quality offerings, strategically located across prime markets, including in-city locations with a fully integrated platform Well positioned to benefit from industry tailwinds; Our business is derivative of India’s manufacturing, consumption and e-commerce tailwinds Strong customer relationship - A testament to our ability to lease and actively manage our assets with an ability to provide a comprehensive business ecosystem to our customers, not just real estate solutions

What are the key risks disclosed in the Horizon Industrial Parks DRHP?

We require substantial funds for meeting our capital expenditure requirements. We may not be able to secure funding for such capital expenditure in a timely manner or at all which may adversely impact our growth prospects and overall financial performance The title and development rights or other interests over land where our assets are located, may be subject to legal uncertainties and defects, which may interfere with our ownership of our assets and result in us incurring additional costs to remedy and cure such defects We are exposed to the risks pertaining to land scarcity and the limited supply of land, increasing competition and applicable regulations, which may adversely affect our business, results of operations and financial condition The page lists all 8 disclosed risk factors.

Listing

When will Horizon Industrial Parks IPO list?

The Horizon Industrial Parks Limited shares are scheduled to list on 24 August 2026 on NSE. The listing price is discovered in a special pre-open session from 9:00 am and normal trading begins at 10:00 am IST.

What was the Horizon Industrial Parks IPO listing price?

Horizon Industrial Parks Limited listed at ₹60.25, a gain of 0.4% on the ₹60 issue price.

At what time does an IPO list?

On listing day the exchange runs a special pre-open session for the new stock from 9:00 am IST in which orders are collected and the listing price is discovered; continuous trading in the shares begins at 10:00 am IST.

Data sources

Where does the Horizon Industrial Parks IPO data on this page come from, and how often is it updated?

Subscription figures are the exchange's own category-wise bids (NSE and BSE), refreshed every 5 minutes while bidding is open and frozen at the final tally after close. GMP is an unofficial grey-market indicator read about once an hour from third-party reporters, each reading timestamped. Price band, lot size, issue size, dates, registrar and lead managers are from the exchange's issue master and the offer document filed with SEBI. Financials and the shareholding pattern are as restated in the offer document; allotment is published only by the registrar, which this page links to. Anchor investor allocations, where shown, are the exchange's anchor allocation file.

Horizon Industrial Parks IPO Registrar where allotment and refund queries go

RegistrarKFin Technologies Limited

The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.

How to Apply for the Horizon Industrial Parks IPO ASBA and UPI, as SEBI sets them

  1. Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
  2. Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
  3. If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (19 Aug 2026).
  4. One application per PAN. A second application under the same PAN is rejected, and both may be.
  5. After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, KFin Technologies Limited, not to the exchange or the broker.

What is GMP in an IPO?

Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹2 on a ₹60 upper band means the grey market is dealing at ₹62.

The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.