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24-08-2026 03:30 PM
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Horizon Industrial Parks Ltd. makes a weak debut on the bourses with scrip got listed at Rs 59.65 on the Bombay Stock Exchange, a 0.58 per cent discount to its issue price of Rs 60.00. On the National Stock Exchange, the stock was listed at Rs 60.25. The company, which raised 43.33 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 4,333.33 lakhs shares. The company, listed under B Group Securities post its IPO, opened for subscription from Aug 17 to Aug 19. Following a weak opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE. The company anticipates using the proceeds of the issue for a Our Companyb Certain wholly owned Subsidiaries of our Company, namely, Bagur Logistics Park Private Limited, Embassy Industrial Park Hosur Private Limited, Farukhnagar Logistics Parks LLP, FRK II Industrial Park Private Limited, Goodluck Buildtech Private Limited, ILV Distripark Private Limited, ILV Distripark (MWC) Private Limited, Jindpur Industrial Park Private Limited, Kalina Warehousing Private Limited, Lakshmipathi Realtors Private Limited, LI Industrial Parks Private Limited, Malur Logistics and Industrial Parks Private Limited, Panvel Warehousing Private Limited, Patencheru Industrial Park Private Limited, Redhills Industrial Park Private Limited and Vertical Logistic Park LLP, (“Identified Subsidiaries), through investments in such Subsidiaries General corporate purposes. JM Financial Limited,Axis Capital Ltd.,IIFL Capital Services Limited,SBI Capital Markets Ltd.,360 ONE WAM Ltd. as lead managers & KFin Technologies Ltd. is the registrar, to the issue. Meanwhile, the broader benchmark BSE Sensex closed trade at 77,540.83, down 3.11 points, or 0.00 per cent. |
| Source: Dion Global Solution Type: IPO Related |
