Horizon Industrial Parks also launches its IPO today. The Blackstone-backed company has fixed the price band at Rs. 57–60 per share and is looking to raise around Rs. 2,600 cr. entirely through a fresh issue. The issue will remain open until August 19.
The offering is notable because it is focused on India’s industrial and logistics real-estate segment. The company could benefit from growing warehousing requirements linked to manufacturing, e-commerce and supply-chain expansion, although investors will need to assess its valuation and debt position.
