1 week ago
Horizon Industrial Parks IPO Allotment Likely Today, GMP at ₹1.6
Horizon Industrial Parks offered shares to investors through an IPO.
The company is expected to announce who received shares on Thursday, 20 August.
Investors can check the result online using their PAN, application number or Demat account details.
Kfin Technologies is the IPO registrar handling the allotment information.
The grey market price suggests the shares could list at about ₹61.6.
This is ₹1.6 above the IPO price of ₹60.
People who do not receive shares are scheduled to get refunds on Friday, 21 August.
The shares are scheduled to enter the stock market on Monday, 24 August.
Horizon Industrial Parks IPO allotment is expected to be finalised on Thursday, 20 August.
The IPO’s grey market premium is ₹1.6, implying an estimated listing price of ₹61.6, or 2.67% above the ₹60 issue price.
The GMP ranged from ₹0 to ₹4.5 over the past nine sessions, indicating a pessimistic grey-market outlook, according to analysts.
Investors can check allotment through Kfin Technologies, BSE or NSE using details such as their PAN, application number or Demat account number.
Refunds and Demat credits are scheduled for Friday, 21 August, while the shares are scheduled to list on Monday, 24 August.
- Who
- Investors who applied for the Horizon Industrial Parks IPO, with allotment handled by Kfin Technologies Ltd.
- What
- The IPO share allotment is expected to be finalised, with investors able to check their allotment status online.
- Where
- Investors can check status through the Kfin Technologies, BSE or NSE websites.
- When
- Allotment is scheduled for Thursday, 20 August; refunds and Demat credits are scheduled for Friday, 21 August, and listing for Monday, 24 August.
- Why
- To determine which applicants received shares and arrange refunds or Demat credits according to the allotment outcome.
Key facts
- Allotment date
- Thursday, 20 August
- IPO price
- ₹60 per share at the upper end of the price band
- Current GMP
- ₹1.6
- Estimated listing price
- ₹61.6, or 2.67% above the IPO price
- Subscription
- 1.45 times on the final bidding day, Wednesday, 19 August
- Refund and credit date
- Friday, 21 August
- Scheduled listing date
- Monday, 24 August
Sources
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