Horizon Industrial Parks Limited’s Initial Public Offer to open on Monday, August 17, 2026
FinTech BizNews Service
Mumbai, 12 August, 2026: Horizon Industrial Parks Limited (The “Company”), shall open the Bid/Offer in relation to its Initial Public Offer of Equity shares on Monday, August 17, 2026.
The Price Band of the Offer has been fixed at Rs 57 to Rs 60 per Equity Share. (“Price Band”).
Bids can be made for a minimum of 250 Equity Shares and in multiples of 250 Equity Shares thereafter. (“Minimum Bid Lot”).
The Anchor Investor Bidding Date shall be Friday, August 14, 2026. The Bid/Offer shall open on Monday, August 17, 2026.
Urvish Rambhia, Whole Time Director and Chief Executive Officer, Horizon Industrial Parks Limited
The issue comprises of entirely a Fresh Issue of equity shares aggregating up to Rs26,000 million with face value of Rs10 each.
The company proposes to utilise the net proceeds from the fresh issue towards
i) repayment and/or prepayment, in part or full of certain borrowings availed by the company
ii) repayment and/or prepayment, in part or full of certain borrowings availed by certain wholly owned subsidiaries
iii) general corporate purposes
The Equity Shares that will be offered through this Red Herring Prospectus are proposed to be listed on the stock exchanges being BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”, and together with BSE, the “Stock Exchanges”). For the purposes of the Issue, NSE is the Designated Stock Exchange.
JM Financial Limited, Axis Capital Limited, IIFL Capital Services Limited (formerly IIFL Securities Limited), SBI Capital Markets Limited, and 360 ONE WAM Limited are the book running lead managers to the issue.
In the event of undersubscription in the Anchor Investor Portion reserved for Life Insurance Companies and Pension Funds, the unsubscribed portion shall be available for allocation to domestic Mutual Funds. In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the QIB Portion (other than the Anchor Investor Portion) (“Net QIB Portion”).
About Horizon Industrial Parks:
Horizon Industrial Parks Limited (“Horizon”) is India’s largest industrial and logistics infrastructure developer, owner and operator in terms of Total Network (in terms of total area of our assets), with 45 assets across 10 cities and 59 msf of Total Network(1). As of May 31, 2026, the network includes 29 msf of operating assets with a committed occupancy of 93.6%. Horizon has 3 core offerings: fulfilment centers for bulk storage, industrial facilities (designed to support assembly, light manufacturing) and multi-use in-city centers located around dense residential cluster. Horizon owns the largest in-city platform comprising 17 sites located across metros with a total network of 7 msf(1). Horizon serves a diversified base of 118 customers belonging from key sectors of the Indian economy like e-commerce, retail, FMCG, auto, EV, renewables, etc. Horizon has demonstrated strong operational performance with 17 msf new leasing and 12 msf developments since FY24 (including 5 msf of leasing and developments since FY26).
