Horizon Industrial Parks IPO Opens Aug 17: Price Band ₹57-₹60
Horizon Industrial Parks has set its Initial Public Offering (IPO) price band at ₹57 to ₹60 per share. The subscription period will run from August 17 to August 19, with the company aiming to raise ₹2,600 crore.
Key takeaways
- Horizon Industrial Parks IPO price band is ₹57-₹60 per share.
- The IPO opens on August 17 and closes on August 19.
- The company aims to raise ₹2,600 crore, primarily for debt repayment.
- Shares are expected to list on BSE and NSE on August 24.
Horizon Industrial Parks is set to launch its Initial Public Offering (IPO) with a price band of ₹57 to ₹60 per share. The subscription window for investors will open on August 17 and close on August 19.
The company plans to raise a total of ₹2,600 crore through this public issue. The primary objective behind this fundraising is to facilitate debt repayment, which is a key focus for the company's financial restructuring.
Investors interested in Horizon Industrial Parks can expect the shares to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on August 24. This IPO offers an opportunity for retail investors to participate in the growth of an industrial park developer.
IPO Details at a Glance:
- Price Band: ₹57 - ₹60 per share
- Subscription Opens: August 17
- Subscription Closes: August 19
- Total Issue Size: ₹2,600 crore
- Listing Date: August 24
- Exchanges: BSE and NSE
This information is for educational purposes only and does not constitute investment advice.
Frequently asked questions
What is the price band for the Horizon Industrial Parks IPO?
The price band for the Horizon Industrial Parks IPO is set between ₹57 and ₹60 per share.
When can I apply for the Horizon Industrial Parks IPO?
The subscription for the Horizon Industrial Parks IPO opens on August 17 and closes on August 19.
How much money does Horizon Industrial Parks aim to raise?
Horizon Industrial Parks aims to raise ₹2,600 crore through its IPO, with the funds intended mainly for debt repayment.