The Horizon Industrial Parks IPO has entered its second day of bidding, with the issue witnessing a relatively muted response so far. In the grey market, the IPO is currently commanding a mild 3% premium over its issue price, pointing to expectations of a positive, but modest, listing gain.
On Day 1, the issue was subscribed 14% overall, against the 25.13 crore shares on offer. The retail portion saw 19% subscription, with bids received for the 4.55 crore shares reserved for retail investors.
