The allotment status for Horizon Industrial Parks’ Rs 2,600 crore IPO is expected to be finalised today, Thursday, August 20. Investors who subscribed to the issue can check their allotment status online through the registrar’s website, as well as the IPO allotment pages of the BSE and NSE, once the status is made available. With the grey market premium (GMP) currently indicating a 2% premium, investors will be watching the allotment and listing closely.
The IPO, which opened for subscription from August 17 to August 19, witnessed a decent response from investors. The issue was subscribed 1.45 times overall. The retail portion was subscribed 96%, while the Non-Institutional Investors (NIIs) portion saw 98% subscription. Qualified Institutional Buyers (QIBs) led the demand, with their portion subscribed 1.85 times.
