Horizon Industrial Parks Limited
IPO Details
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Company Fin.
₹1.5(2.50%)
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The Initial Public Offering of Horizon Industrial Parks Limited's culminated in its successful listing on Aug 24, 2026 at the NSE, BSE trading platform. The company secured 43,34,09,090 Shares through this capital market exercise, with 43,34,09,090 Shares allocated to new capital formation.
Investors participated within the price parameters of ₹57 to ₹60, with minimum investment requirements of 250 shares. The subscription period from Aug 17, 2026 to Aug 19, 2026 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Aug 20, 2026. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2009, Horizon Industrial Parks is backed by Blackstone Group and is one of India’s largest developers and operators of industrial and logistics infrastructure. The company owns a strong portfolio of 45 assets across 10 major cities, covering over 58 million square feet, and primarily focuses on developing and leasing modern warehouses, fulfillment centers, and industrial facilities to sectors like e-commerce, FMCG, manufacturing, and logistics. It also offers value-added solutions such as in-city delivery hubs, solar energy, cold storage, and turnkey infrastructure services, making it a complete logistics partner for businesses. With a customer base of 100+ companies including large corporates and MNCs, the company benefits from strong demand driven by India’s growing consumption and supply chain needs, while its scale, strategic locations, and integrated offerings support long-term growth.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Leading Position & Strategic Locations: Horizon has built a strong industrial and logistics infrastructure platform with high-quality assets located in key markets near major urban centres.
- Strong Industry Growth Opportunity: The company is well positioned to benefit from the growth of manufacturing, consumption, and e-commerce in India, which can increase demand for industrial and logistics facilities.
- Strong Customer Relationships: The company serves 100+ customers across manufacturing, e-commerce, and 3PL sectors, supported by its ability to lease and manage assets efficiently.
- Recent Acquisition Risk: A significant portion of the company's assets was acquired from promoters and other sellers in recent years. Future acquisitions may involve uncertainties and may not deliver the expected financial benefits.
- History of Losses: The company has reported losses in the past, mainly due to high finance costs and depreciation expenses. There is no guarantee that it will achieve consistent profitability in the future.
- Customer Concentration Risk: A significant share of revenue comes from the top 10 customers. Loss of major customers or reduction in their lease commitments could negatively impact revenue and business performance.
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