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News Details

( As on 13/08/2026 07:02)

Horizon Indl. Parks announces launch of initial public offering

Horizon Industrial Parks Ltd. has announced public offering of 433333333 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 50.00 per share. The gross proceeds of the issue are expected to be Rs 2,60,000.00 lakhs.

The company's initial public offer (IPO) will open on 17 August 2026 and is expected to close on 19 August 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 57.00-60.00 per share.

The IPO includes a fresh Issue of 433333333 Equity Shares of the Company at an price of Rs 60.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 250 shares with bids in multiples of 250.

Horizon Industrial Parks Ltd. anticipates using the proceeds of the issue for a Our Companyb Certain wholly owned Subsidiaries of our Company, namely, Bagur Logistics Park Private Limited, Embassy Industrial Park Hosur Private Limited, Farukhnagar Logistics Parks LLP, FRK II Industrial Park Private Limited, Goodluck Buildtech Private Limited, ILV Distripark Private Limited, ILV Distripark (MWC) Private Limited, Jindpur Industrial Park Private Limited, Kalina Warehousing Private Limited, Lakshmipathi Realtors Private Limited, LI Industrial Parks Private Limited, Malur Logistics and Industrial Parks Private Limited, Panvel Warehousing Private Limited, Patencheru Industrial Park Private Limited, Redhills Industrial Park Private Limited and Vertical Logistic Park LLP, (“Identified Subsidiaries), through investments in such Subsidiaries

General corporate purposes.

JM Financial Limited,Axis Capital Ltd.,IIFL Capital Services Limited,SBI Capital Markets Ltd.,360 ONE WAM Ltd. as lead manager(s) & KFin Technologies Ltd. is the registrar, to the issue.