Price Band has been fixed at ₹ 57 to ₹ 60 per Equity Share

  • The Floor Price is 5.70 times and the Cap Price is 6.00 times of the face value (₹10 per share) of the Equity shares
  • Bid/Offer will open on Monday, August 17, 2026 and close on Wednesday, August 19, 2026 (“Bid Dates”)
  • The Anchor investor Bid/Offer Period shall be on Friday, August 14, 2026
  • Bids can be made for a minimum of 250 Equity Shares and in multiples of 250 Equity Shares thereafter (“No. of Bids”)
  • The Company had completed a primary raise of Rs 1,650 crores through a private placement in December 2025, prior to filing of DRHP, from investors like 360 One, SBI Life, Radhakishan Damani and others
  • RHP Link: https://www.jmfl.com/Common/getFile/5906 

National : Horizon Industrial Parks Limited (The “Company”), shall open the Bid/Offer in relation to its Initial Public Offer of Equity shares on Monday, August 17, 2026.

The Price Band of the Offer has been fixed at ₹ 57 to ₹ 60 per Equity Share. (“Price Band”).

Bids can be made for a minimum of 250 Equity Shares and in multiples of 250 Equity Shares thereafter. (“Minimum Bid Lot”).

The Anchor Investor Bidding Date shall be Friday, August 14, 2026. The Bid/Offer shall open on Monday, August 17, 2026.

The issue comprises of entirely a Fresh Issue of equity shares aggregating up to ₹26,000 million with face value of ₹10 each.

Asheesh Mohta, Head of Real Estate India, Blackstone, said: “We are pleased to launch India’s first industrial and logistics-focused IPO, which also marks Blackstone’s fifteenth IPO in the county, and seventh real estate listing. This is a continuation of our efforts to drive innovation in Indian capital markets and expand opportunities for our investors. We are proud to have built Horizon Industrial Parks into India’s largest Industrial & logistics platform with high‑quality assets, marquee tenants and support a critical pillar of economic growth.”

Urvish Rambhia, CEO of Horizon Industrial Parks, said: “This IPO marks a proud milestone for Horizon Industrial Parks. In just six years, we have grown into India’s largest industrial & logistics platform, backed by Blackstone’s global scale, deep sector expertise and strong operating capabilities. Industrial & logistics infrastructure is a critical backbone of manufacturing and economic growth, and we look forward to continuing to build the modern, high-quality facilities India needs to support its next phase of growth.”

The company proposes to utilise the net proceeds from the fresh issue towards

i)            repayment and/or prepayment, in part or full, of certain borrowings availed by the company

ii)           repayment and/or prepayment, in part or full, of certain borrowings availed by certain wholly owned subsidiaries

iii)          general corporate purposes

The Equity Shares that will be offered through this Red Herring Prospectus are proposed to be listed on the stock exchanges being BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”, and together with BSE, the “Stock Exchanges”). For the purposes of the Issue, NSE is the Designated Stock Exchange.

JM Financial Limited, Axis Capital Limited, IIFL Capital Services Limited (formerly IIFL Securities Limited), SBI Capital Markets Limited, and 360 ONE WAM Limited are the book running lead managers to the issue.