Horizon Industrial Parks Raises Rs1,167 Cr From 54 Anchor Investors
The amount raised at the upper price band of Rs60 per equity share; The total IPO comprises of entirely a Fresh Issue of equity shares aggregating up to Rs2,600 crores with face value of Rs10 each
FinTech BizNews Service
Mumbai, 16 August, 2026: Horizon Industrial Parks Limited has allocated 19,46,25,000 Equity Shares to 54 anchor Investors and raised Rs1167.75 crore ahead of company’s proposed IPO at the upper price band of Rs60 per equity share (including premium of Rs50.00/- per equity shares) with face value of Rs10 per share.
The anchor allocation included investors such as Carmignac, WhiteOak Capital, SBI Life Insurance, 360 ONE, Nuvama, Matthews, Poonawalla Vision Fund, PGIM India, JM Financial Mutual Fund, Edelweiss, Sundaram Mutual Fund, SBI General Insurance, Societe Generale, BNP Paribas, Matthews Emerging Markets Small Companies Fund, and Morgan Stanley, among others.
|
S. No. |
Name of the Anchor Investor |
No. of Equity Shares allocated |
% of Anchor Investor Portion |
Bid Price / Anchor Investor Allocation Price (Rs per Equity Share) |
Total Amount Allocated at Anchor Investor Allocation Price (Rs) |
|
1 |
CARMIGNAC EMERGENTS |
2,92,33,250 |
15.02% |
60 |
1,75,39,95,000 |
|
2 |
CARMIGNAC PORTFOLIO |
1,77,31,500 |
9.11% |
60 |
1,06,38,90,000 |
|
3 |
FP CARMIGNAC EMERGING MARKETS |
30,35,250 |
1.56% |
60 |
18,21,15,000 |
|
4 |
WHITEOAK CAPITAL FLEXI CAP FUND |
26,01,250 |
1.34% |
60 |
15,60,75,000 |
|
5 |
WHITEOAK CAPITAL MID CAP FUND |
19,73,000 |
1.01% |
60 |
11,83,80,000 |
|
6 |
WHITEOAK CAPITAL ELSS TAX SAVER FUND |
1,39,000 |
0.07% |
60 |
83,40,000 |
|
7 |
WHITEOAK CAPITAL MULTI CAP FUND |
11,78,250 |
0.61% |
60 |
7,06,95,000 |
|
8 |
WHITEOAK CAPITAL AGGRESSIVE HYBRID FUND |
98,500 |
0.05% |
60 |
59,10,000 |
|
9 |
WHITEOAK CAPITAL MULTI ASSET ALLOCATION FUND |
6,76,500 |
0.35% |
60 |
4,05,90,000 |
|
10 |
SUNDARAM MUTUAL FUND – SUNDARAM AGGRESSIVE HYBRID FUND |
66,78,000 |
3.43% |
60 |
40,06,80,000 |
|
11 |
SUNDARAM MUTUAL FUND A/C SUNDARAM BALANCED ADVANTAGE FUND |
10,60,500 |
0.54% |
60 |
6,36,30,000 |
|
12 |
SUNDARAM MUTUAL FUND – SUNDARAM MULTI ASSET ALLOCATION FUND |
23,94,000 |
1.23% |
60 |
14,36,40,000 |
|
13 |
SUNDARAM MUTUAL FUND A/C SUNDARAM EQUITY SAVINGS FUND |
3,67,500 |
0.19% |
60 |
2,20,50,000 |
|
14 |
SBI LIFE INSURANCE CO. LTD |
83,33,250 |
4.28% |
60 |
49,99,95,000 |
|
15 |
360 ONE FLEXICAP FUND |
41,66,000 |
2.14% |
60 |
24,99,60,000 |
|
16 |
360 ONE BALANCED HYBRID FUND |
8,33,500 |
0.43% |
60 |
5,00,10,000 |
|
17 |
360 ONE MULTI ASSET ALLOCATION FUND |
3,33,500 |
0.17% |
60 |
2,00,10,000 |
|
18 |
DYNA SIF EQUITY LONG SHORT FUND |
13,33,500 |
0.69% |
60 |
8,00,10,000 |
|
19 |
360 ONE REAL ASSETS DEVELOPMENT FUND |
1,33,33,250 |
6.85% |
60 |
79,99,95,000 |
|
20 |
NUVAMA MULTI ASSET STRATEGY RETURN FUND |
66,66,000 |
3.43% |
60 |
39,99,60,000 |
|
21 |
NUVAMA ENHANCED DYNAMIC GROWTH EQUITY (EDGE) FUND |
58,31,000 |
3.00% |
60 |
34,98,60,000 |
|
22 |
MATTHEWS EMERGING MARKETS SMALL COMPANIES FUND |
52,60,000 |
2.70% |
60 |
31,56,00,000 |
|
23 |
MATTHEWS ASIA FUNDS – ASIA DISCOVERY FUND |
14,02,750 |
0.72% |
60 |
8,41,65,000 |
|
24 |
POONAWALLA VISION FUND – POONAWALLA VISION FUND I |
41,62,750 |
2.14% |
60 |
24,97,65,000 |
|
25 |
PGIM INDIA TRUSTEES PRIVATE LIMITED A/C PGIM INDIA FLEXI CAP FUND |
36,46,250 |
1.87% |
60 |
21,87,75,000 |
|
26 |
PGIM INDIA TRUSTEES PRIVATE LIMITED A/C PGIM INDIA AGGRESSIVE HYBRID EQUITY FUND |
2,28,750 |
0.12% |
60 |
1,37,25,000 |
|
27 |
PGIM INDIA TRUSTEES PRIVATE LIMITED A/C PGIM INDIA ELSS TAX SAVER FUND |
8,23,750 |
0.42% |
60 |
4,94,25,000 |
|
28 |
PGIM INDIA TRUSTEE PRIVATE LIMITED A/C – PGIM INDIA LARGE AND MID CAP FUND |
9,61,000 |
0.49% |
60 |
5,76,60,000 |
|
29 |
PGIM INDIA TRUSTEE PRIVATE LIMITED A/C – PGIM INDIA RETIREMENT FUND |
1,22,000 |
0.06% |
60 |
73,20,000 |
|
30 |
PGIM INDIA TRUSTEE PRIVATE LIMITED A/C – PGIM INDIA MULTI CAP FUND |
5,34,000 |
0.27% |
60 |
3,20,40,000 |
|
31 |
PGIM INDIA TRUSTEE PRIVATE LIMITED A/C – PGIM INDIA MULTI ASSET ALLOCATION FUND |
3,50,750 |
0.18% |
60 |
2,10,45,000 |
|
32 |
JM FINANCIAL MUTUAL FUND – JM MIDCAP FUND |
6,83,250 |
0.35% |
60 |
4,09,95,000 |
|
33 |
JM FINANCIAL MUTUAL FUND – JM SMALL CAP FUND |
8,66,750 |
0.45% |
60 |
5,20,05,000 |
|
34 |
JM FINANCIAL MUTUAL FUND – JM MULTI ASSET ALLOCATION FUND |
3,50,000 |
0.18% |
60 |
2,10,00,000 |
|
35 |
JM FINANCIAL MUTUAL FUND-JM VALUE FUND |
5,16,750 |
0.27% |
60 |
3,10,05,000 |
|
36 |
JM FINANCIAL MUTUAL FUND – JM FLEXICAP FUND |
42,49,750 |
2.18% |
60 |
25,49,85,000 |
|
37 |
EDELWEISS TRUSTEESHIP CO LTD AC – EDELWEISS MF AC-EDELWEISS RECENTLY LISTED IPO FUND |
16,66,750 |
0.86% |
60 |
10,00,05,000 |
|
38 |
ECL FINANCE LTD |
12,50,125 |
0.64% |
60 |
7,50,07,500 |
|
39 |
INDUSIND GENERAL INSURANCE COMPANY LIMITED |
33,29,500 |
1.71% |
60 |
19,97,70,000 |
|
40 |
EDELWEISS LIFE INSURANCE COMPANY LIMITED |
41,66,500 |
2.14% |
60 |
24,99,90,000 |
|
41 |
ASKWA INCOME OPPORTUNITIES AIF |
49,96,250 |
2.57% |
60 |
29,97,75,000 |
|
42 |
CHHATISGARH INVESTMENTS LIMITED |
41,62,750 |
2.14% |
60 |
24,97,65,000 |
|
43 |
JUPITER CAPITAL PRIVATE LIMITED |
16,66,750 |
0.86% |
60 |
10,00,05,000 |
|
44 |
SUPRIYATA CAPITAL PRIVATE LIMITED |
24,96,250 |
1.28% |
60 |
14,97,75,000 |
|
45 |
LRSD SECURITIES PVT LTD |
16,66,750 |
0.86% |
60 |
10,00,05,000 |
|
46 |
SBI GENERAL INSURANCE COMPANY LIMITED |
41,62,750 |
2.14% |
60 |
24,97,65,000 |
|
47 |
ALQUITY SICAV – ALQUITY INDIAN SUBCONTINENT FUND |
8,33,500 |
0.43% |
60 |
5,00,10,000 |
|
48 |
PICO CAPITAL PRIVATE LIMITED |
8,33,500 |
0.43% |
60 |
5,00,10,000 |
|
49 |
SOCIETE GENERALE – ODI |
1,83,25,500 |
9.42% |
60 |
1,09,95,30,000 |
|
50 |
INTEGRATED CORE STRATEGIES (ASIA) PTE. LTD. |
25,00,000 |
1.28% |
60 |
15,00,00,000 |
|
51 |
VIRIDIAN ASIA OPPORTUNITIES MASTER FUND |
16,66,750 |
0.86% |
60 |
10,00,05,000 |
|
52 |
CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LIMITED – ODI |
12,50,125 |
0.64% |
60 |
7,50,07,500 |
|
53 |
BNP PARIBAS FINANCIAL MARKETS – ODI |
58,29,500 |
3.00% |
60 |
34,97,70,000 |
|
54 |
MORGAN STANLEY ASIA (SINGAPORE) PTE. – ODI |
16,66,750 |
0.86% |
60 |
10,00,05,000 |
|
TOTAL |
|
19,46,25,000 |
100.00% |
|
11,67,75,00,000 |
Out of the total allocation of 19,46,25,000 Equity Shares to the Anchor Investors, 3,88,32,750 Equity Shares (i.e. 19.95% of the total allocation to Anchor Investors) were allocated to 6 domestic Mutual Funds applied through a total of 27 schemes. Set forth below is the scheme-wise details of the mutual funds:
|
S. No. |
Name of the Mutual Fund scheme |
No. of Equity Shares allocated |
% of Anchor Investor Portion |
Bid Price / Anchor Investor Allocation Price (Rs per Equity Share) |
Total amount Allocated at Anchor Investor Allocation Price (Rs) |
|
1 |
WHITEOAK CAPITAL FLEXI CAP FUND |
26,01,250 |
1.34% |
60 |
15,60,75,000 |
|
2 |
WHITEOAK CAPITAL MID CAP FUND |
19,73,000 |
1.01% |
60 |
11,83,80,000 |
|
3 |
WHITEOAK CAPITAL ELSS TAX SAVER FUND |
1,39,000 |
0.07% |
60 |
83,40,000 |
|
4 |
WHITEOAK CAPITAL MULTI CAP FUND |
11,78,250 |
0.61% |
60 |
7,06,95,000 |
|
5 |
WHITEOAK CAPITAL AGGRESSIVE HYBRID FUND |
98,500 |
0.05% |
60 |
59,10,000 |
|
6 |
WHITEOAK CAPITAL MULTI ASSET ALLOCATION FUND |
6,76,500 |
0.35% |
60 |
4,05,90,000 |
|
7 |
SUNDARAM MUTUAL FUND – SUNDARAM AGGRESSIVE HYBRID FUND |
66,78,000 |
3.43% |
60 |
40,06,80,000 |
|
8 |
SUNDARAM MUTUAL FUND A/C SUNDARAM BALANCED ADVANTAGE FUND |
10,60,500 |
0.54% |
60 |
6,36,30,000 |
|
9 |
SUNDARAM MUTUAL FUND – SUNDARAM MULTI ASSET ALLOCATION FUND |
23,94,000 |
1.23% |
60 |
14,36,40,000 |
|
10 |
SUNDARAM MUTUAL FUND A/C SUNDARAM EQUITY SAVINGS FUND |
3,67,500 |
0.19% |
60 |
2,20,50,000 |
|
11 |
360 ONE FLEXICAP FUND |
41,66,000 |
2.14% |
60 |
24,99,60,000 |
|
12 |
360 ONE BALANCED HYBRID FUND |
8,33,500 |
0.43% |
60 |
5,00,10,000 |
|
13 |
360 ONE MULTI ASSET ALLOCATION FUND |
3,33,500 |
0.17% |
60 |
2,00,10,000 |
|
14 |
DYNA SIF EQUITY LONG SHORT FUND |
13,33,500 |
0.69% |
60 |
8,00,10,000 |
|
15 |
PGIM INDIA TRUSTEES PRIVATE LIMITED A/C PGIM INDIA FLEXI CAP FUND |
36,46,250 |
1.87% |
60 |
21,87,75,000 |
|
16 |
PGIM INDIA TRUSTEES PRIVATE LIMITED A/C PGIM INDIA AGGRESSIVE HYBRID EQUITY FUND |
2,28,750 |
0.12% |
60 |
1,37,25,000 |
|
17 |
PGIM INDIA TRUSTEES PRIVATE LIMITED A/C PGIM INDIA ELSS TAX SAVER FUND |
8,23,750 |
0.42% |
60 |
4,94,25,000 |
|
18 |
PGIM INDIA TRUSTEE PRIVATE LIMITED A/C – PGIM INDIA LARGE AND MID CAP FUND |
9,61,000 |
0.49% |
60 |
5,76,60,000 |
|
19 |
PGIM INDIA TRUSTEE PRIVATE LIMITED A/C – PGIM INDIA RETIREMENT FUND |
1,22,000 |
0.06% |
60 |
73,20,000 |
|
20 |
PGIM INDIA TRUSTEE PRIVATE LIMITED A/C – PGIM INDIA MULTI CAP FUND |
5,34,000 |
0.27% |
60 |
3,20,40,000 |
|
21 |
PGIM INDIA TRUSTEE PRIVATE LIMITED A/C – PGIM INDIA MULTI ASSET ALLOCATION FUND |
3,50,750 |
0.18% |
60 |
2,10,45,000 |
|
22 |
JM FINANCIAL MUTUAL FUND – JM MIDCAP FUND |
6,83,250 |
0.35% |
60 |
4,09,95,000 |
|
23 |
JM FINANCIAL MUTUAL FUND – JM SMALL CAP FUND |
8,66,750 |
0.45% |
60 |
5,20,05,000 |
|
24 |
JM FINANCIAL MUTUAL FUND – JM MULTI ASSET ALLOCATION FUND |
3,50,000 |
0.18% |
60 |
2,10,00,000 |
|
25 |
JM FINANCIAL MUTUAL FUND-JM VALUE FUND |
5,16,750 |
0.27% |
60 |
3,10,05,000 |
|
26 |
JM FINANCIAL MUTUAL FUND – JM FLEXICAP FUND |
42,49,750 |
2.18% |
60 |
25,49,85,000 |
|
27 |
EDELWEISS TRUSTEESHIP CO LTD AC – EDELWEISS MF AC-EDELWEISS RECENTLY LISTED IPO FUND |
16,66,750 |
0.86% |
60 |
10,00,05,000 |
|
TOTAL |
|
3,88,32,750.00 |
19.95% |
|
2,32,99,65,000 |
Out of the total allocation of 19,46,25,000 Equity Shares to the Anchor Investors, 1,24,99,750 Equity Shares (i.e. 6.42% of the total allocation to Anchor Investors) were allocated to 2 Life Insurance Companies and Pension Funds, whose details are set forth below:
|
S. No. |
Name of the Life Insurance Company and Pension Funds |
No. of Equity Shares allocated |
% of Anchor Investor Portion |
Bid Price / Anchor Investor Allocation Price (Rs per Equity Share) |
Total amount Allocated at Anchor Investor Allocation Price (Rs) |
|
1 |
SBI LIFE INSURANCE CO. LTD |
83,33,250 |
4.28% |
60 |
49,99,95,000 |
|
2 |
EDELWEISS LIFE INSURANCE COMPANY LIMITED |
41,66,500 |
2.14% |
60 |
24,99,90,000 |
|
TOTAL |
|
1,24,99,750 |
6.42% |
|
74,99,85,000 |
JM Financial Limited, Axis Capital Limited, IIFL Capital Services Limited (formerly IIFL Securities Limited), SBI Capital Markets Limited, and 360 ONE WAM Limited are the book running lead managers to the issue.