Mumbai, Aug. 20 -- Horizon Industrial Parks (HIPL) received bids for 36,37,98,000 shares as against 25,13,56,273 shares on offer. The issue was subscribed 1.45 times.

The qualified institutional buyers' (QIB) portion was subscribed 1.85 times, while the non-institutional investors' (NII) category was subscribed 98%. The retail individual investors' (RII) segment was subscribed 96%, and the employees' portion was subscribed 1.42 times.

The issue opened for bidding on 17 August 2026 and closed on 19 August 2026. The price band of the IPO was fixed between Rs 57 and 60 per share.

The issue comprised only issue of fresh shares of Rs 10 face value aggregating to Rs 2,600 crore.

Of the net proceeds from fresh issue, the company intends to u...