Horizon Industrial IPO Day 3: Issue subscribed 27% so far. Check GMP, review - apply or not?
New Delhi, Aug. 19 -- Horizon Industrial IPO has entered its final day of bidding on Wednesday, 19 August. The Rs.2600 crore IPO opened for subscription on Monday, 17 August.
Established in 2009, Horizon Industrial Parks, backed by Blackstone Group, is India's largest developer, owner and operator of industrial and logistics infrastructure by total network, according to a JLL report. As of the DRHP date, the company operates a portfolio of 45 logistics and industrial assets across 10 major Indian cities, covering a combined area of 58.01 million square feet (msf).
The company develops and leases large-scale, modern warehouses and industrial facilities to prominent businesses. Its portfolio is broadly divided into three asset categories:...
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