The basis of allotment for the ₹2,600 crore Horizon Industrial Parks IPO is expected to be finalized today, August 20, 2026, following the close of its three-day bidding window on August 19. Investors can check their allotment status online via the official portal of the issue's registrar, KFin Technologies Limited, as well as on the BSE and NSE websites, while the stock commands a mild Grey Market Premium (GMP) of ₹1 per share over its issue price band of ₹57 to ₹60.Horizon Industrial Parks IPO: Key Issue HighlightsBacked by global investment giant Blackstone Group, Horizon Industrial Parks is one of India’s largest industrial and logistics infrastructure developers and operators. The company’s initial public offering comprised entirely a fresh issuance of equity shares, aimed at drastically paring down existing debt obligations.IPO Bidding Dates: August 17, 2026 – August 19, 2026Price Band: ₹57 to ₹60 per shareTotal Issue Size: ₹2,600 crore (Entirely Fresh Issue)Lot Size: 250 equity sharesMinimum Retail Investment: ₹15,000Basis of Allotment Finalization: August 20, 2026Initiation of Refunds / Unblocking: August 21, 2026Credit of Shares to Demat: August 21, 2026Tentative Listing Date: August 24, 2026 (BSE & NSE)Book Running Lead Managers: JM Financial, Axis Capital, IIFL Capital Services, SBI Capital MarketsRegistrar: KFin Technologies LimitedThe net proceeds from the fresh issue—approximately ₹2,250 crore—have been earmarked for the repayment or prepayment of loans availed by the company and its various logistics park subsidiaries, strengthening its consolidated balance sheet.Latest Grey Market Premium (GMP) and Estimated Listing PriceThe grey market response for Horizon Industrial Parks has remained subdued to mildly positive as the public offering concluded.ParameterMetric / ValueUpper Price Band₹60 per shareCurrent Grey Market Premium (GMP)₹1.00 per shareEstimated Listing Price₹61.00 per shareExpected Listing Gain (%)~1.67%Note: Grey Market Premium (GMP) is an informal, non-SEBI-regulated indicator reflecting pre-listing demand in unlisted channels. It should not be used as the sole basis for making financial or investment decisions.Also Read :- Shankesh Jewellers IPO GMP Update: Check Latest Premium and Expected Listing PriceFinal Subscription Status Across CategoriesThe IPO received a moderate overall response from primary market participants over its three-day bidding period:Overall Issue Subscription: Subscribed approximately 1.52 times.Qualified Institutional Buyers (QIBs): Spearheaded demand, subscribing nearly 1.94 times their allocated quota.Non-Institutional Investors (NIIs): Subscribed around 1.03 times.Retail Individual Investors (RIIs): Fully subscribed at approximately 1.02 times the retail portion.How to Check Horizon Industrial Parks IPO Allotment Status OnlineOnce KFin Technologies Limited finalizes the basis of allotment on August 20, investors can check their status using their Permanent Account Number (PAN), Application Number, or Demat Account details (DP ID/Client ID).Method 1: Check via Registrar (KFin Technologies Limited)Visit the official KFin Technologies IPO Allotment portal.Select Horizon Industrial Parks Limited from the drop-down list of active public issues.Choose your search criteria: PAN, Application Number, or DP ID / Client ID.Enter the required identification details and the captcha security code.Click Submit to view your share allotment allocation and status.Method 2: Check via BSE WebsiteNavigate to the official BSE Issue Application Status page.Under Issue Type, select Equity.Select Horizon Industrial Parks Limited from the drop-down menu.Enter your Application Number and PAN.Complete the reCAPTCHA verification and click Search.Financial Performance & Listing OutlookHorizon Industrial Parks has demonstrated strong operational expansion, reporting a 75% year-on-year increase in total income, which grew to ₹767.84 crore in FY26 compared to ₹439.35 crore in FY25. However, high debt servicing obligations resulted in a net loss of ₹203.65 crore for FY26.By deploying ₹2,250 crore of IPO capital toward direct debt reduction, the company expects to significantly cut interest expenses, improving bottom-line profitability. Given the modest GMP of ~1.67%, analysts anticipate a flat to single-digit listing performance when trading commences on BSE and NSE on August 24, 2026.Also Read :- Gaja Alternative IPO GMP Update Today: Check Latest Premium and Expected Listing Price
