Horizon Industrial Parks Limited
Promoters BREP ASIA II EIP HOLDING (NQ) PTE. LTD. · BREP ASIA II INDIAN HOLDING CO VI (NQ) PTE. LTD. · BREP ASIA III INDIA HOLDING CO III PTE. LTD.
Against an issue price of ₹60. Split- and bonus-adjusted official closes — a past move, never a forecast.
Horizon Industrial Parks Limited raised ₹2,600 crore through a mainboard initial public offer.
The filing places it in Realty and names three promoters: BREP ASIA II EIP HOLDING (NQ) PTE. LTD., BREP ASIA II INDIAN HOLDING CO VI (NQ) PTE. LTD. and BREP ASIA III INDIA HOLDING CO III PTE. LTD..
The book was open from 17 August 2026 to 19 August 2026.
The issue was priced at ₹60 a share, from a band of ₹57 to ₹60.
As of the exchange's 19-Aug-2026 19:00:00 update the book was subscribed 1.45 times, just above the shares on offer, counting bids on NSE and BSE together.
Against their reserved portions: qualified institutional buyers 1.85 times, non-institutional investors 0.98 times, retail investors 0.96 times and employees 1.42 times. Those portions add up to the whole offer; the sub-categories below each one are already counted inside it.
3.84 crore shares were bid at cut-off — applications that accept whatever price the issue is finally set at rather than naming one.
54 anchor investors were allotted shares before the book opened, worth ₹1,168 crore.
The shares listed on 24 August 2026.
The last official close on file is ₹50.28 (30 September 2026), which is 16.2% below the issue price.
It now trades as HORIZONIND, and its filed financials are on its company page.
Shares sold in the issue at ₹60 last closed at ₹50.28.
See HORIZONIND’s filed financials and price history →Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.
- How it was priced
- Book-built — the price was discovered inside a band from the bids received
- Listing sought at
- BSE And NSE
- Registered office
- Southern India
- Company website
- www.hiparks.com
- Registrar
- KFin Technologies Limited
- Lead managers
- JM Financial Limited
- Axis Capital Limited
- IIFL Capital Services Limited
- SBI Capital Markets Limited
- 360 One WAM Limited
- Bidding opens17 Aug 2026
- Bidding closes19 Aug 2026
- Basis of allotmentnot published
Not published in the exchange feeds we ingest — we do not estimate it.
- Listing24 Aug 2026
Investors have bid for 1.45 times the shares on offer. Each category below has its own reserved portion, and those portions add up to the whole offer.
Bids placed on NSE alone, excluding BSE. It is smaller than the 1.45x headline above and the two must never be compared or added together.
Every bid names a price, or accepts whatever the final price turns out to be. This shows how many shares have been bid for at each price or above it — so the bar at the top of the band counts only the bids willing to pay it.
The columns are near-identical because they are: demand falls only 0.24% between ₹57 and ₹60, so almost every bid was willing to pay the top of the band. The axis starts at zero — the flatness is the finding, not a missing scale.
These accept whatever price the issue is finally set at, so they have no place on the price axis and are not in the chart.
How much of the demand falls away between the bottom and the top of the band.
Cumulative shares bid at or above each price in the band, from the exchange's own demand schedule. Bids placed at cut-off carry no price and are counted separately.
Anchor investors are institutions allotted shares one working day before public bidding opens, at a price fixed then. Their shares are locked in for a set period. At least 17 of them are domestic mutual funds; we could not classify 35 of the names either way.
| C ARMIGNAC EMERGENTS | ₹175.4 cr |
| S OCIETE GENERALE - ODI | ₹110 cr |
| C ARMIGNAC PORTFOLIO | ₹106.4 cr |
| 3 60 ONE REAL ASSETS DEVELOPMENT FUND | ₹80 cr |
| S BI LIFE INSURANCE CO. LTD | ₹50 cr |
| SUNDARAM MUTUAL FUND - SUNDARAM AGGRESSIVE HYBRID FUNDmutual fund | ₹40.1 cr |
| N UVAMA MULTI ASSET STRATEGY RETURN FUND | ₹40 cr |
| N UVAMA ENHANCED DYNAMIC GROWTH EQUITY (EDGE) FUND | ₹35 cr |
| B NP PARIBAS FINANCIAL MARKETS - ODI | ₹35 cr |
| M ATTHEWS EMERGING MARKETS SMALL COMPANIES FUND | ₹31.6 cr |
| A SKWA INCOME OPPORTUNITIES AIF | ₹30 cr |
| J M FINANCIAL MUTUAL FUND - JM FLEXICAP FUNDmutual fund | ₹25.5 cr |
| E DELWEISS LIFE INSURANCE COMPANY LIMITED | ₹25 cr |
| 3 60 ONE FLEXICAP FUND | ₹25 cr |
| C HHATISGARH INVESTMENTS LIMITED | ₹25 cr |
| P OONAWALLA VISION FUND - POONAWALLA VISION FUND I | ₹25 cr |
| S BI GENERAL INSURANCE COMPANY LIMITED | ₹25 cr |
| PGIM INDIA TRUSTEES PRIVATE 25. LIMITED A/C PGIM INDIA FLEXI CAP FUNDmutual fund | ₹21.9 cr |
| I NDUSIND GENERAL INSURANCE COMPANY LIMITED | ₹20 cr |
| F P CARMIGNAC EMERGING MARKETS | ₹18.2 cr |
| W HITEOAK CAPITAL FLEXI CAP FUND | ₹15.6 cr |
| I NTEGRATED CORE STRATEGIES (ASIA) PTE. LTD. | ₹15 cr |
| S UPRIYATA CAPITAL PRIVATE LIMITED | ₹15 cr |
| SUNDARAM MUTUAL FUND - SUNDARAM MULTI ASSET ALLOCATION FUNDmutual fund | ₹14.4 cr |
| W HITEOAK CAPITAL MID CAP FUND | ₹11.8 cr |
| EDELWEISS TRUSTEESHIP CO LTD 37. A C - EDELWEISS MF AC- EDELWEISS RECENTLY LISTED IPO FUNDmutual fund | ₹10 cr |
| J UPITER CAPITAL PRIVATE LIMITED | ₹10 cr |
| L RSD SECURITIES PVT LTD | ₹10 cr |
| M ORGAN STANLEY ASIA (SINGAPORE) PTE. - ODI | ₹10 cr |
| V IRIDIAN ASIA OPPORTUNITIES MASTER FUND | ₹10 cr |
| M ATTHEWS ASIA FUNDS - ASIA DISCOVERY FUND | ₹8.4 cr |
| D YNA SIF EQUITY LONG SHORT FUND | ₹8 cr |
| CITIGROUP GLOBAL MARKETS 52. MAURITIUS PRIVATE LIMITED - ODI | ₹7.5 cr |
| E CL FINANCE LTD | ₹7.5 cr |
| W HITEOAK CAPITAL MULTI CAP FUND | ₹7.1 cr |
| SUNDARAM MUTUAL FUND A/C SUNDARAM BALANCED ADVANTAGE FUNDmutual fund | ₹6.4 cr |
| PGIM INDIA TRUSTEE PRIVATE 28. LIMITED A/C - PGIM INDIA LARGE AND MID CAP FUNDmutual fund | ₹5.8 cr |
| J M FINANCIAL MUTUAL FUND - JM SMALL CAP FUNDmutual fund | ₹5.2 cr |
| 3 60 ONE BALANCED HYBRID FUND | ₹5 cr |
| A LQUITY SICAV - ALQUITY INDIAN SUBCONTINENT FUND | ₹5 cr |
| P ICO CAPITAL PRIVATE LIMITED | ₹5 cr |
| PGIM INDIA TRUSTEES PRIVATE 27. LIMITED A/C PGIM INDIA ELSS TAX SAVER FUNDmutual fund | ₹4.9 cr |
| J M FINANCIAL MUTUAL FUND - JM MIDCAP FUNDmutual fund | ₹4.1 cr |
| W HITEOAK CAPITAL MULTI ASSET ALLOCATION FUND | ₹4.1 cr |
| PGIM INDIA TRUSTEE PRIVATE 30. LIMITED A/C - PGIM INDIA MULTI CAP FUNDmutual fund | ₹3.2 cr |
| J M FINANCIAL MUTUAL FUND-JM VALUE FUNDmutual fund | ₹3.1 cr |
| SUNDARAM MUTUAL FUND A/C 13. SUNDARAM EQUITY SAVINGS FUNDmutual fund | ₹2.2 cr |
| PGIM INDIA TRUSTEE PRIVATE 31. LIMITED A/C - PGIM INDIA MULTI ASSET ALLOCATION FUNDmutual fund | ₹2.1 cr |
| J M FINANCIAL MUTUAL FUND - JM MULTI ASSET ALLOCATION FUNDmutual fund | ₹2.1 cr |
| 3 60 ONE MULTI ASSET ALLOCATION FUND | ₹2 cr |
| PGIM INDIA TRUSTEES PRIVATE 26. L IMITED A/C PGIM INDIA AGGRESSIVE HYBRID EQUITY FUNDmutual fund | ₹1.4 cr |
| W HITEOAK CAPITAL ELSS TAX SAVER FUND | ₹0.8 cr |
| PGIM INDIA TRUSTEE PRIVATE 29. LIMITED A/C - PGIM INDIA RETIREMENT FUNDmutual fund | ₹0.7 cr |
| W HITEOAK CAPITAL AGGRESSIVE HYBRID FUND | ₹0.6 cr |
From the issuer’s anchor allotment filing. A record of who was allotted what — not a recommendation.
- Anchor investors — first trancheSEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment23 Sept 202650% of this tranche
- Anchor investors — second trancheSEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment22 Nov 202650% of this tranche
- All other pre-issue capitalSEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment24 Feb 2027whole tranche releases on this date
- Promoters' minimum contributionSEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment24 Feb 2028whole tranche releases on this date
Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.
The "Basis for Offer Price" chapter states the earnings the price was set against and the multiples it implies. We have not extracted it for this issue — several offer documents are served as .zip archives or as scanned pages with no text layer.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
The peer table is printed in the offer document's "Basis for Offer Price" chapter; we have not extracted it for this issue yet.
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
360 One WAM Limited 2025 – 2026 | 3 2 measurable | +16.6% | 1 of 2 | — | — |
Axis Capital Limited 2021 – 2026 | 86 18 measurable | +11.7% | 5 of 15 | 1 of 5 | 2 of 8 |
IIFL Capital Services Limited 2024 – 2026 | 33 13 measurable | +5.4% | 3 of 7 | — | 0 of 2 |
JM Financial Limited 2021 – 2026 | 71 19 measurable | +11.1% | 7 of 13 | 1 of 3 | 0 of 3 |
SBI Capital Markets Limited 2022 – 2026 | 46 7 measurable | +4.5% | 4 of 6 | 0 of 1 | 0 of 2 |
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
Kfin Technologies Limited 2021 – 2026 | 130 37 measurable | +6.5% | 10 of 21 | 3 of 6 | 2 of 6 |
A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.
- Prospectus· PDF · exchange archive20 Aug 2026NO_TABLE
- Red herring prospectus (RHP)· ZIP · exchange archive11 Aug 2026NO_TABLE
- Red herring prospectus (RHP)· ZIP · exchange archiveNO_TABLE
- Draft red herring prospectus (DRHP)· PDF · exchange archive29 Dec 2025
- Anchor investor allotment· ZIP · exchange archive
- Financial ratios advertisement· ZIP · exchange archive
- In-principle approval (XBRL)· XML · exchange archive
Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.
Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.