Shares of Horizon Industrial Parks made their stock market debut on Monday, listing nearly flat on the exchanges. The stock opened at Rs 59.65 apiece on the BSE against the issue price of Rs 60. On the NSE, it opened at Rs 60.25.
The listing was broadly in line with expectations in the unlisted market. The grey market premium (GMP) for the stock hovered around Rs 2, or roughly 3% over the IPO price, indicating a largely muted debut for the shares.
