Archive · 25 Aug 2026
Horizon Industrial Parks Shares End Over 3% Below IPO Price
Horizon Industrial Parks sold shares to the public through an IPO.
The shares were priced at Rs 60 each.
On their first trading day, they started close to that price.
By the end of the day, they were worth less than Rs 60.
On the BSE, they finished at Rs 57.95.
On the NSE, they finished at Rs 58.16.
This meant the shares ended about 3% lower than the IPO price.
The company’s IPO was subscribed 1.45 times by investors.
It also raised Rs 1,168 crore from anchor investors before the listing.
Horizon Industrial Parks shares ended at Rs 57.95 on the BSE, 3.41% below the Rs 60 issue price.
On the NSE, the stock closed at Rs 58.16, down 3% from the issue price.
The shares listed at Rs 59.65 on the BSE and Rs 60.25 on the NSE.
The stock traded between Rs 56.60 and Rs 60.20 during the session.
The Rs 2,600-crore IPO was subscribed 1.45 times and received Rs 1,168 crore from anchor investors.
- Who
- Horizon Industrial Parks Ltd and investors in its initial public offering.
- What
- The company’s shares made a muted market debut and closed below their Rs 60 issue price.
- When
- The IPO bidding ended on August 19; the article reports the subsequent listing-day trading.
- Where
- The shares traded on the BSE and NSE.
- Why
- The shares were being listed after Horizon Industrial Parks’ Rs 2,600-crore IPO.
- Issue price
- Rs 60 per share
- BSE closing price
- Rs 57.95
- NSE closing price
- Rs 58.16
- IPO size
- Rs 2,600 crore
- IPO subscription
- 1.45 times
- Anchor investment
- Rs 1,168 crore
- Market valuation
- Rs 16,706.42 crore