Horizon Industrial Parks IPO GMP Today: Check Latest GMP
- 4 days ago
- 4 min read
Blackstone-backed logistics real estate developer Horizon Industrial Parks Limited closed its ₹2,600.04 crore Initial Public Offering (IPO) on August 19, 2026. The book-built issue, comprising entirely fresh equity shares, witnessed a steady surge in bidding on its final day across retail and institutional categories.
This comprehensive report details the Horizon Industrial Parks IPO GMP today, live subscription rates, estimated listing performance, complete issue details, and allotment timelines for the 2026 public issue.
Horizon Industrial Parks IPO Overview & Key Data
The ₹2,600.04 crore issue was offered within a price band of ₹57 to ₹60 per share with a minimum lot size of 250 shares.
┌─────────────────────────────────────────────────────────────────────────┐
│ Horizon Industrial Parks IPO Flowchart 2026 │
└────────────────────┬────────────────────┬───────────────────────────────┘
│ │
┌────────┴────────┐ ┌────────┴────────┐
│ STEP 1: BIDDING │ │ STEP 2: ALLOTMENT│
│ WINDOW │ │ FINALIZATION │
├─────────────────┤ ├─────────────────┤
│ • Aug 17–19, │ │ • August 20, │
│ 2026 │ │ 2026 │
│ • Price: ₹57–60 │ │ • KFin Tech │
└─────────────────┘ └─────────────────┘
│ │
┌────────┴────────┐ ┌────────┴────────┐
│ STEP 3: REFUNDS │ │ STEP 4: STOCK │
│ & CREDIT │ │ LISTING │
├─────────────────┤ ├─────────────────┤
│ • August 21, │ │ • August 24, │
│ 2026 │ │ 2026 │
│ • Demat Transfer│ │ • BSE & NSE │
└─────────────────┘ └─────────────────┘
Parameter | Details / Schedule |
Company Name | Horizon Industrial Parks Limited |
Issue Type | Book Built Issue (100% Fresh Issue) |
Total Issue Size | ₹2,600.04 Crore (43.34 Crore Shares) |
Price Band | ₹57.00 to ₹60.00 per share |
Minimum Lot Size | 250 Shares (Minimum Investment: ₹15,000) |
Bidding Opening Date | August 17, 2026 |
Bidding Closing Date | August 19, 2026 |
Basis of Allotment | August 20, 2026 |
Initiation of Refunds / Demat Credit | August 21, 2026 |
Tentative Listing Date | August 24, 2026 (BSE & NSE) |
Registrar to the Issue | KFin Technologies Limited |
1. Horizon Industrial Parks IPO GMP Today & Estimated Listing Price
The Grey Market Premium (GMP) reflects unofficial pre-listing trading sentiment. As of August 19, 2026, the Horizon Industrial Parks IPO GMP today stands at ₹1.00 to ₹1.30 per share.
Horizon Industrial Parks IPO Price Expectations
───────────────────────────────────────────────
┌──────────────────────┐ ┌──────────────────────┐
│ Upper Price Band │ │ Latest Grey Market │
│ │ + │ Premium (GMP) │
├──────────────────────┤ ├──────────────────────┤
│ ₹60.00 │ │ ₹1.00 – ₹1.30 │
└──────────────────────┘ └──────────────────────┘
│
▼
┌──────────────────────┐
│ Est. Listing Price │
├──────────────────────┤
│ ₹61.00 – ₹61.30 │
│ (+1.67% – 2.17%) │
└──────────────────────┘
Upper Price Band: ₹60.00
Latest Grey Market Premium (GMP): ₹1.00 – ₹1.30
Estimated Listing Price: ₹61.00 – ₹61.30 per share
Estimated Gain / Premium: ~1.67% to 2.17%
GMP Trend Analysis (August 13 – August 19, 2026)
The grey market premium adjusted downward over the bidding period amid general market volatility:
August 13, 2026: ₹4.50 (Est. Premium: 7.50%)
August 15, 2026: ₹4.00 (Est. Premium: 6.67%)
August 17, 2026 (Opening Day): ₹1.70 (Est. Premium: 2.83%)
August 19, 2026 (Closing Day): ₹1.00 – ₹1.30 (Est. Premium: ~1.67% – 2.17%)
2. Final Subscription Status (Day 3 Close)
After a slow start on Day 1 (0.15x subscription), institutional and retail demand accelerated on the final day, pushing overall subscription to 1.52x by the close of bidding on August 19, 2026.
Subscription Distribution Across Categories
───────────────────────────────────────────
┌──────────────────────┐ ┌──────────────────────┐
│ QIB Category │ │ NII Category │
├──────────────────────┤ ├──────────────────────┤
│ 1.94x (Ex-Anchor) │ │ 1.03x │
└──────────────────────┘ └──────────────────────┘
┌──────────────────────┐ ┌──────────────────────┐
│ Retail Individual │ │ Total Overall │
├──────────────────────┤ ├──────────────────────┤
│ 1.02x │ │ 1.52x │
└──────────────────────┘ └──────────────────────┘
Investor Category | Subscription Multiplier |
Qualified Institutional Buyers (QIBs) | 1.94x (Excluding Anchor Allocation) |
Non-Institutional Investors (NIIs) | 1.03x |
Retail Individual Investors (RIIs) | 1.02x |
Employee Reserved Quota | 1.09x |
Total Overall Subscription | 1.52x |
3. Company Financials and Business Profile
Backed by global investment firm Blackstone, Horizon Industrial Parks is one of India’s largest developers, owners, and operators of Grade-A industrial and logistics real estate. As of late 2025, the company managed a portfolio of 45 assets spanning 58.01 million square feet (msf) across 10 major Indian cities. Its infrastructure caters to e-commerce fulfillment centers, industrial manufacturing facilities, and last-mile in-city logistics hubs.
Financial Summary (FY24 – FY26)
───────────────────────────────
┌────────────────────┐ ┌────────────────────┐ ┌────────────────────┐
│ Revenue (FY26) │ │ EBITDA (FY26) │ │ PAT (FY26) │
├────────────────────┤ ├────────────────────┤ ├────────────────────┤
│ ₹691.38 Crore │ │ ₹607.80 Crore │ │ (₹203.65 Crore) │
│ (+77% YoY Growth) │ │ (87.9% Margin) │ │ (Depreciation-led) │
└────────────────────┘ └────────────────────┘ └────────────────────┘
Financial Metric | FY2024 | FY2025 | FY2026 |
Revenue from Operations | ₹228.86 Cr | ₹390.29 Cr | ₹691.38 Cr |
EBITDA | ₹151.51 Cr | ₹339.12 Cr | ₹607.80 Cr |
Profit After Tax (PAT) | (₹162.21 Cr) | (₹178.78 Cr) | (₹203.65 Cr) |
Note: Proceeds from the ₹2,600 crore fresh issue are designated primarily for debt repayment and general corporate objectives, which is expected to lower interest expenses and improve bottom-line profitability post-listing.
Frequently Asked Questions
What is the Horizon Industrial Parks IPO GMP today?
As of August 19, 2026, the Horizon Industrial Parks IPO GMP today ranges between ₹1.00 and ₹1.30 per share, indicating an estimated listing price of approximately ₹61.00 to ₹61.30 per share.
When is the allotment date for Horizon Industrial Parks IPO?
The basis of allotment will be finalized on Thursday, August 20, 2026. Applicants can check their status on the KFin Technologies portal.
What is the listing date for Horizon Industrial Parks shares?
The shares are tentatively scheduled to list on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on Monday, August 24, 2026.
Where can I check my Horizon Industrial Parks IPO allotment status?
Applicants can check their allotment status online on the KFin Technologies Allotment Portal by entering their PAN, Application Number, or Demat Account ID.
Official Registrars and Market Portals
Track allotment results, check live exchange updates, and monitor secondary market news:
Check allotment status on the Official KFin Technologies Registrar Portal.
Monitor stock indices and official announcements on the Official BSE India Portal.
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