Economic TimesLean R·
Horizon Industrial Parks’ Rs 2,600 crore IPO opens. Check GMP, price band and other key details
Horizon Industrial Parks’ Rs 2,600 crore IPO opened for bidding on August 17 and will close on August 19. The issue has a price band of Rs 57–Rs 60 and a GMP of Rs 4, implying a 6% premium. The company plans to use Rs 2,250 crore of the proceeds to reduce debt. While FY26 income rose 75% to Rs 767.84 crore, net loss widened to Rs 203 crore.
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