About
Horizon Industrial Parks Limited is primarily engaged in the business of developing, operating, and maintaining industrial and warehousing parks across India. The company develops Grade A+ specification facilities located in major industrial and consumption hubs, enabling customers to reduce upfront capital expenditure and accelerate their time-to-market. Its offerings include providing customer-specific enhancements such as cold storage, compressed air systems, and high-capacity electrical infrastructure. A key area of focus is in-city logistics, where it operates a large network of strategically located centers that support last-mile delivery, dark stores, and light industrial operations. The company positions itself as a pure-play platform offering comprehensive solutions to its customers by combining real estate, infrastructure, and operational services under one roof.
IPO schedule
| Issue open date | 2026-08-17 |
| Issue close date | 2026-08-19 |
| UPI mandate deadline | 2026-08-19 (5 PM) |
| Allotment finalization | 2026-08-20 |
| Refund initiation | 2026-08-21 |
| Share credit | 2026-08-21 |
| Listing date | 2026-08-24 |
| Mandate end date | 2026-09-03 |
| Lock-in end date for anchor investors (50%) | 2026-09-18 |
| Lock-in end date for anchor investors (remaining) | 2026-11-17 |
Financials
| Financial Year Ended | March 2024 | March 2025 | March 2026 |
| Total Assets | 4993.18 | 9851.54 | 13495.13 |
| Revenue | 245.52 | 439.35 | 767.84 |
| Profit After Tax | -162.21 | -178.78 | -203.65 |
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 2600 |
| Fresh Issue - Proceeds go to the company | 2600 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Repay or pre-pay certain borrowings | 2250 (86.54%) |
| General corporate purposes | 350 (13.46%) |
Strengths
- Market leader with a large, strategically located network of industrial and logistics parks.
- Operates a pure-play, integrated platform combining real estate, infrastructure, and services.
- Maintains an unrivalled network of in-city centers for last-mile delivery.
- Possesses proven engineering and technical capabilities for complex industrial projects.
- Backed by an experienced promoter with extensive industry and execution expertise.
Risks
- A significant portion of the network is under development and subject to construction and cost overrun risks.
- Substantial indebtedness requires significant cash flow to service, limiting operational flexibility.
- The business is capital-intensive and may be unable to secure timely funding for future growth.
- Operations are subject to a broad range of government regulations, including environmental and labor laws.
- Contingent liabilities and legal proceedings related to taxes, land titles, and other claims could have an adverse effect.
Allotment Status for Horizon Industrial Parks
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- Visit the Kfin Technologies IPO Application Status page.
- Select the company name from the dropdown menu.
- Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click Submit to view your allotment status.