Horizon Industrial Parks IPO Details
| IPO Date | 17 to 19 Aug 2026 |
|---|---|
| Listing Date | Monday, Aug 24, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹57 to ₹60 per share |
| Lot Size | 250 Shares |
| Sale Type | Fresh Capital Only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹5.00 |
| Total Issue Size |
43,34,09,090 shares
(aggregating up to ₹2,600 Cr) |
| Fresh Issue |
43,34,09,090 shares
(aggregating up to ₹2,600 Cr) |
| Shareholding Pre Issue | 2,44,95,26,460 shares |
| Shareholding Post Issue | 2,88,29,35,550 shares |
| Market Cap at Upper Price | ₹17,297.61 Cr |
Check Horizon Industrial Parks IPO GMP →
Horizon Industrial Parks Timeline
| IPO Event | Date |
|---|---|
| IPO Open | Monday, Aug 17, 2026 |
| IPO Close | Wednesday, Aug 19, 2026 |
| Allotment | Thursday, Aug 20, 2026 |
| Refund | Friday, Aug 21, 2026 |
| Credit of Shares | Friday, Aug 21, 2026 |
| Listing | Monday, Aug 24, 2026 |
Horizon Industrial Parks IPO Issue Reservation
| Investor Category | Reservation |
|---|---|
| QIB | Not less than 75% of the Net Issue |
| Retail | Not more than 10% of the Net Issue |
| NII | Not more than 15% of the Net Issue |
Horizon Industrial Parks IPO Lot Size
Investors can bid for a minimum of 250 shares and in multiples thereof. The minimum retail investment at the upper price band of ₹60 is ₹15,000.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 250 | ₹15,000 |
| Retail (Max) | 13 | 3,250 | ₹1,95,000 |
| S-HNI (Min) | 14 | 3,500 | ₹2,10,000 |
| S-HNI (Max) | 66 | 16,500 | ₹9,90,000 |
| B-HNI (Min) | 67 | 16,750 | ₹10,05,000 |
Horizon Industrial Parks IPO Subscription Details
| Investor Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹5 Lakhs | Yes |
| Employee + RII/NII | Up to ₹5 Lakhs (EMP) + RII/NII limits | Yes (EMP/RII) |
About Horizon Industrial Parks Ltd.
Incorporated in 2009, Horizon Industrial Parks, backed by Blackstone Group, is India’s largest industrial and logistics infrastructure developer, owner and operator by total network, according to the supplied JLL report.
As of the DRHP date, the company owns 45 logistics and industrial assets across 10 major Indian cities, totaling 58.01 million square feet (msf).
Horizon Industrial Parks Core Offerings
The company develops and leases large, modern warehouses and industrial facilities to major companies. Its core asset types include:
As of November 30, 2025, the company had served over 100 customers across sectors including e-commerce, retail, FMCG, renewable energy, auto-ancillary and manufacturing.
Key Strengths of Horizon Industrial Parks
Horizon Industrial Parks IPO Financials
Horizon Industrial Parks Ltd.’s revenue increased by approximately 75% while profit after tax remained negative and declined by approximately 14% between the financial years ended March 31, 2025 and March 31, 2026, based on the supplied financial data.
| Particulars (₹ Cr) | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 13,495.13 | 9,851.54 | 4,993.18 |
| Total Income | 767.84 | 439.35 | 245.52 |
| Profit After Tax | -203.65 | -178.78 | -162.21 |
| EBITDA | 607.80 | 339.12 | 151.51 |
| Net Worth | 4,676.16 | 122.00 | 266.95 |
| Reserves and Surplus | 3,214.54 | -530.09 | -334.75 |
| Total Borrowing | 6,884.34 | 7,009.11 | 3,688.21 |
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Horizon Industrial Parks IPO Objects of the Issue
The company proposes to utilise the net proceeds from the issue towards the following objectives:
| # | Issue Objects | Estimated Amount |
|---|---|---|
| 1 | Repayment and/or prepayment, in part or full, of certain borrowings availed by the company and certain wholly owned subsidiaries. | ₹2,250.00 Cr |
| 2 | General Corporate Purposes | Balance Amount |
| Total | ₹2,250.00 Cr | |
Horizon Industrial Parks IPO Key Performance Indicators
| KPI | Mar 31, 2026 |
|---|---|
| RoNW | -4.23% |
| EBITDA Margin | 79.16% |
| NAV | ₹27.89 |
| Price to Book Value | 2.15 |
Horizon Industrial Parks IPO Valuation
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | -0.83 | -ve |
| P/E (x) | -72.29 | -ve |
| Market Cap at Offer Price | ₹14,697 Cr | ₹17,297.61 Cr |
Horizon Industrial Parks Shareholding Structure
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 88.74% | 75.40% |
| Public | 11.26% | 24.60% |
| Total | 100% | 100% |
Company Promoters
The promoters of Horizon Industrial Parks Ltd. 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..
Horizon Industrial Parks IPO Review
What Is IPO GMP?
IPO GMP stands for Initial Public Offering Grey Market Premium. It represents the premium at which an IPO may be informally traded in the grey market before its official stock exchange listing.
GMP is unofficial and can change rapidly depending on market sentiment, demand and other factors. It should not be treated as a guaranteed listing price.
Learn more about IPO GMP meaning, calculation and latest updates .
Horizon Industrial Parks IPO GMP →
Horizon Industrial Parks IPO Registrar
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Horizon Industrial Parks IPO Company Details
One World Centre, Unit No 1501B
Tower 1, 841, Jupiter Textile Mills
Senapati Bapat Marg
Mumbai, Maharashtra – 400013
Phone: +91 22 4158 1000
Email: complianceofficer@hiparks.com
Disclaimer: The information provided above is for informational purposes only and should not be considered investment advice. IPO dates, pricing, allotment, subscription and listing information are subject to changes announced by the company, stock exchanges and other authorities. GMP is unofficial and may change before listing.
