Horizon Industrial Parks IPO
Horizon Industrial Parks IPO is a mainboard IPO raising ₹2,600 Cr at ₹57 – ₹60 a share. It listed on 24 Aug 2026 at ₹60, +0.4% against its issue price of ₹60, and trades at ₹56 today (−7.4% since issue). It was subscribed 1.45× in total.
Just covered — bids slightly exceed the shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 13,65,78,947 | 25,21,66,000 | 1.85× |
| Foreign Institutional Investors | no separate quota | 16,12,29,250 | n/a |
| Domestic Financial Institutions | no separate quota | 66,69,500 | n/a |
| Mutual funds | no separate quota | 3,69,99,500 | n/a |
| Others | no separate quota | 4,72,67,750 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 6,82,89,473 | 6,66,05,000 | 0.98× |
| Non Institutional Investors | 4,55,26,316 | 5,15,01,250 | 1.13× |
| Corporates | no separate quota | 1,93,64,500 | n/a |
| Individuals | no separate quota | 2,98,16,250 | n/a |
| Others | no separate quota | 23,20,500 | n/a |
| Non Institutional Investors | 2,27,63,157 | 1,51,03,750 | 0.66× |
| Corporates | no separate quota | 1,72,500 | n/a |
| Individuals | no separate quota | 1,43,94,000 | n/a |
| Others | no separate quota | 5,37,250 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 4,55,26,315 | 4,36,62,500 | 0.96× |
| Cut Off | no separate quota | 3,74,13,500 | n/a |
| Price bids | no separate quota | 62,49,000 | n/a |
| Employees | 9,61,538 | 13,64,500 | 1.42× |
| Cut Off | no separate quota | 9,33,250 | n/a |
| Price Bids | no separate quota | 4,31,250 | n/a |
| Total | 25,13,56,273 | 36,37,98,000 | 1.45× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 20 Aug, 08:15 am IST.
Where the bids landed
Demand barely changes across the price band — bidders were not price-sensitive. 11% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.20 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.