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Horizon Industrial Parks IPO allotment finalized on August 20

The grey market premium points to an estimated listing price of ₹61.6, about 2.7% above the IPO price of ₹60, with refunds for non-allotted applicants starting August 21.

Reported · Written up by our desk · Asia

Horizon Industrial Parks will finalize IPO share allotment on Thursday, August 20, and investors can check whether they were allotted shares through the registrar Kfin Technologies Ltd portal.

The article says the estimated listing price in the grey market is ₹61.6 per share, which is 2.67% higher than the IPO price of ₹60. It also notes the IPO GMP at +1.6 today, after moving between ₹0.0 and ₹4.5 over the past nine sessions.

According to the coverage, applicants who do not receive shares will see refunds processed starting Friday, August 21, while shares allotted to successful applicants will be credited to their demat accounts the same day.

The expected listing date is Monday, August 24, and on the last bidding day, Wednesday, August 19, subscription was 1.45 times based on BSE data.

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