Horizon Industrial Parks IPO allotment: How to check status online on NSE, BSE, KFin Technologies; listing date, time here

The basis of allotment for Horizon Industrial Parks Ltd is likely to be finalised on Thursday, August 20. The bid finalisation details can be checked on the websites of the NSE, the BSE and KFin Technologies.

The ₹2,600.04 crore initial share sale was subscribed 1.45 times, as it got bids for 36,37,98,000 shares compared to 25,13,56,273 shares on offer, according to the NSE data.

The quota for qualified institutional buyers (QIBs) was subscribed 1.85 times, while the non-institutional investors' portion received 98% subscription. The category for retail individual investors was subscribed to 96%.

The initial public offering comprised entirely a fresh issuance of 43.34 crore equity shares, with no offer-for-sale (OFS) component.

The firm proposes to use the fresh issue proceeds primarily to repay borrowings and general corporate purposes. "Our company expects to receive the benefits of listing of the equity shares on the stock exchanges, including to enhance our brand image among our existing and potential customers and creation of a public market for the equity shares in India," according to the red herring prospectus (RHP).

Horizon Industrial Parks Ltd is an industrial and logistics infrastructure developer, owner and operator. The company has a portfolio of around 60 million square feet across 46 assets in 10 cities.

IIFL Capital Services, Axis Capital, JM Financial, SBI Capital Markets and 360 ONE WAM are the book-running lead managers of the issue.

Horizon Industrial Parks IPO allotment date and time

Horizon Industrial Parks IPO allotment status is expected to be finalised on Thursday, August 20, by late evening.

How to check Horizon Industrial Parks IPO allotment status online on NSE

• Click on this link: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bid
• Select 'Equity & SME IPO bid details'
• From the 'Select Symbol' dropdown, choose 'HORIZONIND'
• Add your PAN and application number
• Press the 'Submit' button

Horizon Industrial Parks IPO allotment status online on BSE; full steps

• Head to BSE's allotment status page: https://bseindia.com/investors/appli_check.aspx
• Choose the 'Equity' option
• From the ‘Issue Name’ list, pick ‘Horizon Industrial Parks Ltd’
• Enter either your PAN or IPO application number
• Hit the 'Search' button

Steps to check Horizon Industrial Parks IPO allotment status online on KFin Technologies

• Head to the registrar's allotment status page: https://ipostatus.kfintech.com/
• Pick 'Horizon Industrial Parks Ltd' in the ‘Select IPO’ section
• Add your IPO application number, Demat account number or PAN
• Click on the ‘Submit’ button

Horizon Industrial Parks IPO listing date and time

Horizon Industrial Parks' shares will start trading on the NSE and the BSE on Monday, August 24, at 10 am.