Horizon Industrial Parks IPO
Horizon Industrial Parks IPO Details
-
Open Date
17 Aug 2026
-
Close Date
19 Aug 2026
- IPO Price Range
₹ 57 to ₹60
- IPO Size
₹ 2,600 Cr
Horizon Industrial Parks IPO Timeline
Horizon Industrial Parks IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 17-Aug-2026 | 0.05 | 0.02 | 0.17 | 0.06 |
Last Updated: 17 August 2026 2:54 PM by 5paisa
Horizon Industrial Parks Ltd. is an integrated iron and steel manufacturer providing customised engineering solutions through precision-engineered metal rolls, engineering castings, alloy steel products, and forging ingots and shafts for critical industrial applications. Serving sectors including steel, mining, power and sugar, the company had 1,825 domestic and international customers as of 31 March 2026. It operates two manufacturing units in Punjab, with an order book of ₹1,785.69 million as of 31 May 2026.
Established in: 2009
Managing Director:
Jitendra Virwani
Narpat Singh Choraria
Horizon Industrial Parks IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹2,600 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹2,600 Cr |
Horizon Industrial Parks IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 250 | ₹14,250 |
| Retail (Max) | 13 | 3,250 | ₹1,95,000 |
| S-HNI (Min) | 14 | 3,500 | ₹1,99,500 |
| S-HNI (Max) | 66 | 16,500 | ₹9,90,000 |
| B-HNI (Min) | 67 | 16,750 | ₹9,54,750 |
Horizon Industrial Parks IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 0.05 | 12,98,06,819 | 66,66,500 | 39.999 |
| Non-Institutional Buyers | 0.02 | 6,48,86,363 | 11,44,750 | 6.869 |
| bNII | 0.01 | 4,32,57,576 | 5,36,750 | 3.220 |
| sNII | 0.03 | 2,16,28,788 | 6,08,000 | 3.648 |
| Individual Investors (IND category bidding for 2 Lots) | 0.17 | 4,32,57,576 | 74,84,750 | 44.909 |
| Total** | 0.06 | 23,87,84,090 | 1,55,20,000 | 93.120 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Revenue | 228.86 | 390.29 | 691.38 |
| EBITDA | 151.51 | 339.12 | 607.80 |
| PAT | -162.21 | -178.78 | -203.65 |
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Total Assets | 4993.18 | 9851.54 | 13495.13 |
| Share Capital | 535.67 | 535.67 | 2449.53 |
| Total Liabilities | 4290.80 | 8672.82 | 7636.39 |
| Particulars (In ₹Crores.) | FY24 | FY25 | FY26 |
| Net Cash Generated From / (used in) Operating Activities | 119.28 | 235.14 | 464.07 |
| Net Cash Generated From / (used in) Investing Activities | -876.42 | -1596.31 | -4872.84 |
| Net Cash Generated From / (used in) Financing Activities | 794.25 | 1457.86 | 4638.15 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 37.11 | 96.70 | 229.38 |
Strengths
1. Largest network in India’s logistics infrastructure market
2. Backed by Blackstone, enhancing credibility and capital
3. Diversified portfolio across warehousing, industrial, in-city centres
4. Serves over 100 customers across key sectors
Weaknesses
1. High dependence on cyclical industrial demand trends
2. Concentration limited to ten major Indian cities
3. Capital-intensive expansion may pressure future profitability margins
4. In-city centres largely pipeline, not operational yet
Opportunities
1. Rising e-commerce demand boosts fulfilment centre leasing
2. Manufacturing growth supports industrial facility absorption nationwide
3. Last-mile delivery trends favour in-city centre expansion
4. Value-added services can deepen customer relationships further
Threats
1. Economic slowdowns may reduce tenant expansion plans
2. Competition from developers could pressure lease rates
3. Regulatory or land acquisition delays may disrupt projects
4. Sector concentration exposes business to tenant downturns
1. Benefits from India’s industrial and infrastructure expansion
2. Potential for order growth through sector tailwinds
3. Strong execution could support scalable business growth
4. Industry demand may improve long-term revenue visibility
Horizon Industrial Parks operates in an industry supported by rising infrastructure spending, manufacturing expansion and growing demand for precision engineering solutions. India’s policy push towards industrial development, domestic production and supply-chain strengthening creates favourable long-term opportunities. Companies with reliable execution, quality standards and customer relationships can benefit from steady order inflows. If Horizon Industrial Parks continues to expand capacity, diversify clients and maintain operational efficiency, it could capture growth ahead.
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FAQs
Horizon Industrial Parks opens from August 17, 2026 to August 19, 2026.
The size of Horizon Industrial Parks is ₹2,600 Cr.
The price band of Horizon Industrial Parks IPO is fixed at ₹57 to ₹60.
Once the Horizon Industrial Parks IPO is officially open, one can simply follow the process to apply for the IPO:
To apply for Horizon Industrial Parks IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Horizon Industrial Parks IPO
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Horizon Industrial Parks is of 250 shares and the investment required is ₹14,092.
The share allotment date of Horizon Industrial Parks IPO is August 20, 2026
The Horizon Industrial Parks IPO will likely be listed on August 24, 2026.
JM Financial Ltd is the book running lead managers for Horizon Industrial Parks IPO.
1. Repayment and/or prepayment, in part or full, of certain borrowings availed by the company and Certain wholly owned Subsidiaries of Company, namely Bagur Logistics Park Pvt.Ltd., Embassy Industrial Park Hosur Pvt.Ltd., Farukhnagar Logistics Parks LLP, FRK II Industrial Park Pvt.Ltd., Goodluck Buildtech Pvt.Ltd., ILV Distripark Pvt.Ltd., ILV Distripark (MWC) Pvt.Ltd., Jindpur Industrial Park Pvt.Ltd., Kalina Warehousing Pvt.Ltd., Lakshmi
2. General Corporate Purposes