Horizon Industrial Parks Limited
Closed17–19 Aug 2026
Updated 2026-08-27 (IST)
What Horizon Industrial Parks Limited does
We are India’s largest industrial and logistics infrastructure developer, owner and operator in terms of Total Network (in terms of total area of our assets). We offer our clients Grade A quality fulfillment centers (warehouses), industrial facilities, and in-city centers across the country’s major industrial and consumption hubs.
Horizon Industrial Parks Limited financials
Rs crore · AnnualLatest year highlighted in green. Sparklines show the trend.
| FY25 | FY26 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|
| Sales | 390 | 691 | 229 | 390 | 691 | |
| Operating Profit | 339 | 608 | — | — | — | |
| OPM % | 77.2% | 79.2% | — | — | — | |
| Net Profit | -179 | -204 | — | — | — | |
| Total Debt | 701 | 688 | 369 | 701 | 688 |
Horizon Industrial Parks Limited IPO offer structure
Fresh issue: ₹2,600 cr
The offer-for-sale component is not stated in what we extracted from the offer document, so the full issue size and the split between the two are unknown. This figure is the fresh issue alone, not the total raise. Fresh issue proceeds go to the company; OFS proceeds go to selling shareholders.
Use of proceeds- Repayment and/or prepayment, in part or full, of certain borrowings availed by our Company and Identified Subsidiaries: ₹2,250 cr
Horizon Industrial Parks Limited promoters and holding
- BREP Asia II EIP Holding (NQ) Pte. Ltd.: Promoter
- BREP Asia II Indian Holding Co VI (NQ) Pte. Ltd.: Promoter
- BREP Asia III India Holding Co III Pte. Ltd.: Promoter
Horizon Industrial Parks Limited strengths and risks
Company-stated strengths and disclosed risk factors from the offer document.
- Largest player with premium-quality offerings strategically located across prime markets, including in-city locations with fully integrated platform (p.232)
- Well positioned to benefit from industry tailwinds; our business is derivative of India’s manufacturing, consumption and e-commerce tailwinds (p.232)
- Strong customer relationship - A testament to our ability to lease and actively manage our assets with an ability to provide a comprehensive business ecosystem to our customers, not just real estate solutions (p.232)
- Proven engineering and technical capabilities enabling execution of complex industrial projects (p.233)
- Proven expertise in development and acquisitions, backed by a track record of executing joint ventures and maintaining government partnerships (p.233)
- A significant portion of our assets in our network have been acquired by our Company from our Promoters and other sellers recently (in Fiscals 2025 and 2026) and we may undertake such acquisitions to expand our network in the future. (p.29)
- We incurred losses of ₹2,036.49 million, ₹1,787.81 million and ₹1,622.10 million, on a restated consolidated basis in Fiscals 2026, 2025, 2024, respectively. (p.31)
- Our Development Network of 30.03 msf is subject to various risks and uncertainties, including construction delays and increasing construction costs. (p.32)
- A substantial portion of the Net Proceeds, up to ₹22,500.00 million, will be utilized for the repayment/prepayment of certain outstanding borrowings. (p.33)
- We require substantial funds for meeting our capital expenditure requirements and may not be able to secure funding in a timely manner or at all. (p.35)
Horizon Industrial Parks Limited market and competition
Horizon Industrial Parks is India’s largest industrial and logistics infrastructure developer, owner and operator in terms of Total Network, with 45 assets across 10 cities and a Total Network of 58.58 msf as of May 2026.
Horizon Industrial Parks Limited outlook, as the document states it
The company intends to drive organic growth by leveraging the embedded potential within its existing network, with approximately 30.03 msf of developable potential available to be built out over the next four to five years. It also plans to expand its in-city logistics network across India's major metropolitan areas and continue pursuing greenfield developments and brownfield acquisitions.
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Horizon Industrial Parks Limited IPO: common questions
When does the Horizon Industrial Parks Limited IPO open and close?
The Horizon Industrial Parks Limited IPO is open from 17 Aug 2026 to 19 Aug 2026.
What is the Horizon Industrial Parks Limited IPO price band?
The price band is ₹57–₹60 per share.
How much is the Horizon Industrial Parks Limited IPO subscribed?
As of 27 Aug 2026 the total subscription is 1.44×.
When does the Horizon Industrial Parks Limited IPO list?
The listing date is 24 Aug 2026.
How do I check the Horizon Industrial Parks Limited IPO allotment status?
On the allotment status page published by KFin Technologies, this issue's registrar, and on the exchange's basis of allotment. Those are the primary sources. If the issue was oversubscribed, retail allotment was decided by lottery, so a valid application does not mean shares. We do not hold allotment data and cannot look yours up. How allotment is actually decided →
Sources & method
Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.
Grey-market premium (GMP) is unregulated.
Every GMP figure is a self-reported grey-market estimate. No exchange, regulator or clearing body records or audits it, and there is no settlement guarantee or recourse. Shown for context only; never decide on GMP alone. New to GMP? The 30-second explainer → All live GMP, and its record →
Horizon Industrial Parks Limited IPO allotment status
Listed 24 Aug 2026. Allotment is decided and published by the registrar, not by us. This issue's registrar is KFin Technologies.
Check your allotment on the registrar's own page ↗
We do not hold allotment data and cannot look yours up. If the issue was oversubscribed, retail allotment was decided by lottery, so a valid application does not mean shares. How allotment is actually decided →