Horizon Industrial Parks IPO GMP today is Rs 2. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
Mainboard IPO
HORIZON
Horizon Industrial Parks IPO GMP & Allotment
Horizon Industrial Parks Limited is primarily engaged in the business of developing, operating, and maintaining industrial and warehousing parks across India. The company develops Grade A+ specification facilities located in major industrial and consumption hubs, enabling customers to reduce upfront capital expenditure and accelerate their time-to-market. Its offerings include providing customer-specific enhancements such as cold storage, compressed air systems, and high-capacity electrical infrastructure. A key area of focus is in-city logistics, where it operates a large network of strategically located centers that support last-mile delivery, dark stores, and light industrial operations. The company positions itself as a pure-play platform offering comprehensive solutions to its customers by combining real estate, infrastructure, and operational services under one roof.
- IPO Price Band
- ₹57.00 - ₹60.00
- Lot Size
- 250 Shares
- Bidding Closes
- 19 Aug 2026
- Listing Date
- 24 Aug 2026
Quick Answer & Highlights
Horizon Industrial Parks IPO GMP Today & Key Takeaways
Last updated: 20 Aug 2026
Horizon Industrial Parks IPO officially listed on 24 Aug 2026 at Rs 151.00, delivering a +151.67% listing gain compared to its issue price of Rs 60.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹2.
Horizon Industrial Parks IPO officially listed on 24 Aug 2026 at ₹151.00, delivering a +151.67% listing gain compared to its issue price of ₹60.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹2.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹2 | +3.33% vs upper band (20 Aug 2026) |
| Est. Listing Price | ₹151.00 | +151.67% Est. Listing Gain |
| Price Band | ₹57.00 - ₹60.00 | Mainboard IPO |
| Retail Minimum Investment | ₹15,000 | 1 Lot (250 Shares) |
| Bidding Window | 17 Aug 2026 – 19 Aug 2026 | Listed |
| Allotment & Listing Dates | Allotment: 20 Aug 2026 | Listing: 24 Aug 2026 |
Current GMP Status
₹2
+3.33% vs upper band
Est. Listing Gain
+151.67%
Last Trend
20 Aug 2026
Listing Price
₹151.00
Retail Entry
₹15,000
IPO Details
Complete IPO information
| IPO Open Date | 17 Aug 2026 |
|---|---|
| IPO Close Date | 19 Aug 2026 |
| IPO Price Band | ₹57.00 - ₹60.00 |
| Lot Size | 250 Shares |
| Current GMP | ₹2 |
| Estimated Listing Gain | +151.67% |
| Issue Size | Approx ₹2,600 Cr |
| Fresh Issue | - |
| Issue Type | Mainboard |
| IPO Listing | NSE, BSE |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 1.45x |
| Minimum Investment | ₹15,000 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus | - |
Demand Tracker
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 1,365.79 | 2,521.66 | 1.85xx |
| NII | 682.89 | 666.05 | 0.98xx |
| Retail | 455.26 | 436.62 | 0.96xx |
| Overall Subscription | 2,513.56 | 3,637.98 | 1.45xx |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Horizon Industrial Parks is priced at ₹60 per share. With a minimum lot size of 250 shares, a retail investor applying for one lot would need approximately ₹15,000 to participate in this Mainboard issue.
The latest recorded Grey Market Premium for Horizon Industrial Parks stands at ₹2, implying an estimated listing gain of around 3.33% over the issue price if it holds until listing. This is down ₹1 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Horizon Industrial Parks's IPO was subscribed 1.45x overall, with a category-wise breakdown of Retail 0.96x, QIB 1.85x, NII 0.98x.
Among the strengths highlighted in Horizon Industrial Parks's IPO documents: Market leader with a large, strategically located network of industrial and logistics parks.; Operates a pure-play, integrated platform combining real estate, infrastructure, and services..
Investors should also weigh the risk factors Horizon Industrial Parks has disclosed, including: A significant portion of the network is under development and subject to construction and cost overrun risks..
Mainboard IPOs list on the main platform of BSE/NSE, typically involve larger issue sizes, and draw participation across retail, HNI and institutional (QIB) investor categories.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
17 Aug 2026
✓
Bidding Closes
19 Aug 2026
✓
Allotment
20 Aug 2026
✓
Listing
24 Aug 2026
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 17 Aug 2026 | Completed |
| Bidding Closes | 19 Aug 2026 | Completed |
| Allotment | 20 Aug 2026 | Completed |
| Listing | 24 Aug 2026 | Completed |
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 20 Aug 2026 | ₹1.00 | -₹1.00 | 1.67% |
| 19 Aug 2026 | ₹2.00 | +₹0.30 | 3.33% |
| 18 Aug 2026 | ₹1.70 | - | 2.83% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 250 | ₹15,000 |
| Retail Maximum | 13 Lot | 3,250 | ₹1,95,000 |
| S-HNI Minimum | 14 Lot | 3,500 | ₹2,10,000 |
| S-HNI Maximum | 66 Lot | 16,500 | ₹9,90,000 |
| B-HNI Minimum | 67 Lot | 16,750 | ₹10,05,000 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Issue Notes
Important takeaways before applying
Strengths
- Market leader with a large, strategically located network of industrial and logistics parks.
- Operates a pure-play, integrated platform combining real estate, infrastructure, and services.
- Maintains an unrivalled network of in-city centers for last-mile delivery.
- Possesses proven engineering and technical capabilities for complex industrial projects.
- Backed by an experienced promoter with extensive industry and execution expertise.
Risks
- A significant portion of the network is under development and subject to construction and cost overrun risks.
- Substantial indebtedness requires significant cash flow to service, limiting operational flexibility.
- The business is capital-intensive and may be unable to secure timely funding for future growth.
- Operations are subject to a broad range of government regulations, including environmental and labor laws.
- Contingent liabilities and legal proceedings related to taxes, land titles, and other claims could have an adverse effect.
Analysis
Horizon Industrial Parks IPO Reservation
The Horizon Industrial Parks IPO has a category-wise reservation structure for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail Individual Investors (RIIs), and Anchor Investors. The allocation determines the proportion of the net offer available to different investor categories.
As per the proposed reservation structure, 75% of the offer is allocated to Qualified Institutional Buyers, excluding the anchor investor portion. Non-Institutional Investors have a reservation of 15%, while 10% of the offer is reserved for Retail Individual Investors.
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| Qualified Institutional Buyers (QIB) (Ex. Anchor) | – Shares | 75% |
| Non-Institutional Investors (NII) | – Shares | 15% |
| Retail Individual Investors (RII) | – Shares | 10% |
Note: The exact number of shares reserved for each investor category can be updated once the final issue and anchor allocation details are available. The final allotment will depend on subscription levels and the basis of allotment finalized after the IPO closes.
Analysis
Horizon Industrial Parks IPO Anchor Investors
The Horizon Industrial Parks IPO anchor investor bidding is scheduled for August 14, 2026, ahead of the public issue opening on August 17. The final anchor investor list, number of equity shares allocated and total anchor investment amount will be available after completion of the anchor bidding process.
The anchor allocation is subject to applicable lock-in requirements. As per the provided structure, 50% of the anchor shares will have a 30-day lock-in period, while the remaining 50% will have a 90-day lock-in period.
| Particular | Details |
|---|---|
| Anchor Bidding Date | August 14, 2026 |
| Anchor Investors List | To be Updated |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date – 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date – Remaining 50% Shares (90 Days) | 2026 |
Note: The anchor investor list, shares allocated, anchor size and exact 30-day and 90-day lock-in expiry dates will be updated once the final anchor allocation details are announced.
Analysis
Horizon Industrial Parks IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 17 Aug 2026 |
| IPO Close Date | 19 Aug 2026 |
| Basis of Allotment | 20 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 24 Aug 2026 |
Note: The timeline for Horizon Industrial Parks IPO is tentative and subject to change.
Analysis
Horizon Industrial Parks IPO Promoters and Holding Pattern
The promoters of Horizon Industrial Parks 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.
Prior to the IPO, the promoter and promoter group collectively hold 88.74% of the company's equity share capital, while other shareholders hold 11.26%. Following completion of the IPO, the promoter group's holding is expected to decline to approximately 75.40%, while the holding of other shareholders is expected to increase to 24.60%.
Promoters of Horizon Industrial Parks
- BREP Asia II EIP Holding (NQ) Pte. Ltd.
- BREP Asia II Indian Holdings Co. VI (NQ) Pte. Ltd.
- BREP Asia III India Holdings Co. III Pte. Ltd.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 2,173,652,861 | 88.74% | – | 75.40% |
| Others* | 275,873,599 | 11.26% | – | 24.60% |
| Total | 2,44,95,26,460 | 100% | 2,88,29,35,550 | 100% |
Note: The above table summarizes the pre-IPO and post-IPO holding pattern of Horizon Industrial Parks based on the provided shareholding information. The promoter group's ownership is expected to dilute from 88.74% before the issue to approximately 75.40% after the IPO.
Analysis
Horizon Industrial Parks Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Analysis
Horizon Industrial Parks About IPO
Horizon Industrial Parks, founded in 2009, is India’s leading industrial and logistics infrastructure developer, owning 45 logistics and industrial assets across 10 major Indian cities. The firm develops and leases large, modern warehouses businesses can use for manufacturing, warehousing, storage, and distribution.
Horizon Industrial Parks operates fulfillment centers for warehousing, industrial facilities for manufacturing, and in-city centers for last-mile delivery, serving sectors such as e-commerce, FMCG, EVs, electronics, retail, pharma, and logistics. As of now, the firm has the largest Grade A industrial and warehouse property portfolios in India, which include 45 parks across 10 key markets, covering 2,200+ acres. Moreover, the firm is also planning to obtain another 100 acres in the Bengaluru region.
Analysis
Horizon Industrial Parks Company Financials
To Be Updated Soon
Analysis
Horizon Industrial Parks Company Valuation – FY2026
To Be Updated Soon
Analysis
Horizon Industrial Parks IPO Peer Group Comparison
To Be Updated Soon
Analysis
IPO Lead Managers aka Merchant Bankers
- JM Financial Ltd.
- Axis Capital Ltd.
- IIFL Capital Services Ltd.
- SBI Capital Markets Ltd.
- 360 One WAM Ltd.
Comparison
Compare Horizon Industrial Parks IPO with similar IPOs
FAQ
Horizon Industrial Parks IPO FAQs
Based on the latest Grey Market Premium (GMP) of Rs 2 and an issue price of Rs 60, the estimated listing price for Horizon Industrial Parks IPO is Rs 62.00 (approx 3.33% listing gain). Actual listing price is determined by market demand on the listing day.
Horizon Industrial Parks IPO price band is Rs 57.00 to Rs 60.00. Check the latest issue price, lot size and GMP together before applying.
Horizon Industrial Parks IPO open date is 17 Aug 2026, close date is 19 Aug 2026, and listing date is 24 Aug 2026.
Horizon Industrial Parks IPO lot size is 250 shares. The minimum retail investment is Rs 15,000.
Horizon Industrial Parks is classified as a Mainboard IPO. This helps investors quickly understand the issue category and exchange segment.
Horizon Industrial Parks IPO subscription status currently shows Retail 0.96x, QIB 1.85x, NII 0.98x, Overall 1.45x.
Horizon Industrial Parks Limited is primarily engaged in the business of developing, operating, and maintaining industrial and warehousing parks across India. The company develops Grade A+ specification facilities located in major industrial and consumption hubs, enabling customers to reduce upfront capital expenditure and accelerate their time-to-market. Its offerings include providing customer-specific enhancements such as cold storage, compressed air systems, and high-capacity electrical infrastructure. A key area of focus is in-city logistics, where it operates a large network of strategically located centers that support last-mile delivery, dark stores, and light industrial operations. The company positions itself as a pure-play platform offering comprehensive solutions to its customers by combining real estate, infrastructure, and operational services under one roof.
Horizon Industrial Parks IPO issue size is 2600 and the expected allotment date is 20 Aug 2026.
In our empirical study of 117 Indian IPO listings, positive GMP was followed by a positive listing gain 69.8% of the time. However, as an exact forecast, the median variation between GMP-implied gain and actual listing price was 8 percentage points. GMP reflects informal market sentiment and should always be evaluated alongside company valuation and fundamentals.
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