Horizon Industrial Parks was listed at a 0.42% premium on the NSE at Rs 60.25, making a firm debut. The stock was listed at Rs 59.65 on the BSE, a discount of 0.58% to the issue price.
The company set the issue price at Rs 60 per equity share.
The IPO raised 2,600.04 crores and was entirely a fresh issue of 43.34 crore shares. The IPO bidding started from August 17 and ended on August 19. The allotment was finalised on August 20.
A retail investor had to subscribe to a minimum of one lot that contains 250 shares. The minimum amount of investment required by an individual investor was Rs 15,000 at the upper price band.
Also, the issue included a reservation of up to 8.33 lakh shares for employees offered at a discount of Rs 5 to the issue price.
JM Financial was the book-running lead manager for the IPO, and Kfin Technologies is the registrar of the issue.
Horizon Industrial Parks, backed by Blackstone Group, is India’s largest industrial and logistics infrastructure developer, owner, and operator by total network. Incorporated in 2009, the company owns 45 logistics and industrial assets across 10 major Indian cities, totalling 58.01 million square feet (msf).
The company develops and leases large, modern warehouses and industrial facilities to major companies. Its core asset types include:
Fulfillment Centers (Warehousing): Used by e-commerce, FMCG, retail, and logistics companies, 15.55 msf (58%) of operational area as of Nov 30, 2025.
Industrial Facilities: Used for manufacturing, EVs, renewables, electronics, auto, etc, 10.36 msf (39%) of operational area as of Nov 30, 2025.
In-City Centres: Located close to consumers for last-mile delivery. Used for dark stores, pharma, cloud kitchens, retail, and service. Total pipeline of 6.31 msf across 7 cities.