Horizon Industrial Parks IPO Day 2: Issue subscribed 16% so far. Here's GMP, review & other details - Apply or not?
New Delhi, Aug. 18 -- Horizon Industrial Parks IPO has entered its second day of bidding on Tuesday, 18 August, following muted response from investors on the first day of subscription.
The Blackstone-backed Rs.2600 crore IPO will remain open for bidding till Wednesday, 19 August.
Incorporated in 2009, Horizon Industrial Parks, backed by Blackstone Group, is India's largest industrial and logistics infrastructure developer, owner and operator by total network, according to a JLL report. As of the DRHP date, the company has a portfolio of 45 logistics and industrial assets spread across 10 key cities in India, with a combined area of 58.01 million square feet (msf).
The company focuses on developing and leasing large-scale, modern wareh...
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