Horizon Industrial Parks Limited
ListedIndustrial and Logistics · Mainboard IPO · INE685T01010
Price band
₹57 – ₹60
Lot size
250 shares
Min. investment
₹15,000
Issue size
₹2,600 Cr
Face value
₹10
Registrar
Kfin Technologies Ltd.
Issue timeline
Bidding opens
17 Aug 2026
Bidding closes
19 Aug 2026
Allotment
20 Aug 2026
Listing
24 Aug 2026
Final subscription
1,06,199
applications
₹1,363 Cr
bid value
| Category | Bid for | ₹ Cr* |
|---|---|---|
| Qualified Institutional (QIB) | 14,08,03,500 | 845 |
| Non-Institutional >₹10L (bNII) | 4,04,49,750 | 243 |
| Non-Institutional ₹2–10L (sNII) | 1,16,29,250 | 70 |
| Retail (RII) | 3,31,14,000 | 199 |
| Employees | 11,14,750 | 7 |
| Total | 22,71,11,250 | 1,363 |
Live category-wise demand from NSE only. Add each category's offered shares (from the RHP) in IPO Master to show the subscription (x) multiple.
About the company
Horizon Industrial Parks, backed by Blackstone Group, is India’s largest industrial and logistics infrastructure developer, owner, and operator by total network, according to a JLL report. The company owns 45 logistics and industrial assets across 10 major Indian cities, totaling 58.01 million square feet.
Issue details
Issue size
₹2,600 Cr
Fresh issue
₹2,600 Cr
Industry
Industrial and Logistics
Promoter holding (pre)
88.74%
Promoter holding (post)
75.4%
Financials (₹ Cr)
| Metric | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total income | 245.52 | 439.35 | 767.84 |
| EBITDA | 151.51 | 339.12 | 607.80 |
| Profit after tax | -162.21 | -178.78 | -203.65 Cr |
| Net worth | 266.95 | 122.00 | 4676.16 Cr |
| Total assets | 4,993.18 | 9,851.54 | 13,495.13 |
| Total borrowing | 3,688.21 | 7,009.11 | 6,884.34 |
Objects of the issue
- 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., Lakshmi
- General Corporate Purposes
Strengths
- 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 strong 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 the ability to provide a comprehensive business ecosystem to our customers, not just real estate solutions.
- Proven engineering and technical capabilities enabling the execution of complex industrial projects.
- Proven expertise in development and acquisitions, backed by a strong track record of executing joint ventures and maintaining government partnerships.
- Commitment to enhanced sustainability practices with high sustainability standards.
- Highly skilled and professional leadership team.
Risks
- The company has incurred losses in the past and may continue to incur losses in the future.
- The company may not be able to manage its growth effectively.
- The company is subject to various regulatory and environmental laws and regulations.
- The company may face competition from other players in the industry.
Documents
Calculate your bid
At cut-off price ₹60
Lots
1
- Shares
- 250
- Amount
- ₹15,000
UPI mandate — funds are blocked, not debited.
- SEBI-registered broker — NSE member 90113
- Funds stay blocked in your own bank — debited only on allotment
- Apply for your whole family from one login