Horizon Industrial Parks IPO Listing: Shares List At 0.58% Discount On BSE
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Horizon Industrial Parks shares made a flat entry into D-Street. They listed at a 0.58% discount on the BSE to the issue price after its ₹2,600 crore IPO saw decent demand. Read more.
Horizon Industrial Parks Ltd’s shares made almost a flat entry into D-Street. The shares opened at ₹59.65 apiece on the Bombay Stock Exchange (BSE), translating into a 0.58% discount to their issue price. On the National Stock Exchange (NSE), the shares listed at ₹60.25 apiece, marking a premium of 0.42% over the issue price.
Horizon Industrial Parks IPO And Subscription Details
Horizon Industrial Parks’ initial public offering (IPO) opened for public subscription on 17 August and closed on 19 August. Priced in the ₹57–₹60 range, the issue comprised an entirely fresh issue of 43.34 crore shares, aggregating to ₹2,600 crore. The company plans to utilise the net proceeds to repay certain borrowings and for general corporate purposes.
The IPO received a decent response from investors during its three-day subscription period, with the issue subscribed 1.45 times overall. The retail portion was subscribed 96%, while the non-institutional investors (NIIs) portion saw 98% subscription. Qualified institutional buyers (QIBs) led the demand, with their portion subscribed 1.85 times.
About Horizon Industrial Parks
Horizon Industrial Parks is an industrial and logistics infrastructure developer and operator with a presence across key industrial and consumption hubs in India. The company offers Grade A warehouses, industrial facilities and in-city logistics centres, along with services including cold storage, energy solutions, on-site staff accommodation, racking and material-handling equipment.
Also Read - Lalithaa Jewellery Mart IPO Listing: Shares List At A Premium Of Over 31%
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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