The non-banking financial company plans to use proceeds to strengthen Tier I capital, support lending and expand its digital platform
The Blackstone-backed industrial and logistics platform plans to use the fresh issue to reduce debt and support the development of its 33-million-square-foot pipeline.
Blackstone-backed Horizon Industrial Parks Ltd will open its Rs 2,600 crore Initial Public Offering (IPO) for subscription on August 17, with the price band fixed at Rs 57-60 per share. At the upper price band, the IPO implies a post-issue market capitalisation of around Rs 17,298 crore. The three-day public issue will close on August 19, and anchor investor bidding will take place on August 14, according to a public announcement. The issue comprises entirely a fresh issue of equity shares aggregating up to Rs 2,600 crore, with no Offer For Sale (OFS) component. Of the IPO proceeds, the company plans to use Rs 2,250 crore to repay borrowings and the rest for general corporate purposes. As of March 2026, the firm had total borrowings of Rs 6,884 crore. Blackstone holds around 89 per cent stake in the company, as per the Red Herring Prospectus (RHP). Asheesh Mohta, Head of Real Estate India at Blackstone, said this also marks Blackstone's 15th IPO in the country, and 7th real esta
Sensex Today | Stock Market LIVE Updates Wednesday: The GIFT Nifty, an early performance indicator of the benchmark Nifty50's performance, was trading with marginal gains
Strong industry outlook, robust order book and customer base, along with scope for improved profitability, make analysts bullish on Behari Lal Engineering IPO.
Unitree Robotics' Shanghai IPO has attracted massive retail demand, with investors placing orders worth about $1.2 trillion for shares in the humanoid robot maker.
Company plans Rs 2,000-3,000 crore raise via fresh equity; pre-IPO placements next year
Sensex Today | Stock Market LIVE Updates Tuesday: The GIFT Nifty signalled a negative open for the Nifty50. Most Asian markets were trading higher
Swastika said Shiprocket IPO is best suited for high-risk, growth-oriented portfolios with a 2-3-year horizon rather than conservative value investors.
Additions stood at 2.89 mn in July, highest since Jan
Shiprocket plans to invest much of its IPO proceeds in AI and emerging businesses as it seeks to offer merchants technology spanning advertising, freight and commerce
Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty Midcap 100 was up 0.62 per cent, and the Nifty Smallcap 100 was down 0.27 per cent.
Milky Mist IPO review: Brokerages have shared a constructive view on the Milky Mist IPO and recommended a 'Subscribe' rating.
Molbio Diagnostics IPO: Molbio is a molecular diagnostic company that develops, manufactures, and commercializes point-of-care (POC) molecular diagnostic platforms.
Together, the five companies are looking to raise around ₹7,443 crore through the public issues, making it a busy week for the primary market
Elon Musk-led company's stock has gained 23% in two sessions, adding over $327 billion to its market value despite lockup restrictions ending
The initial public offering (IPO) of infrastructure company Technocraft Ventures Ltd received 2.59 times subscription on the first day of share sale on Friday. The company's IPO garnered bids for 2,15,61,120 shares against 83,17,190 shares on offer, as per NSE data. The category for qualified institutional buyers (QIBs) fetched 4.47 times subscription, while the quota for non-institutional investors received 3.80 times subscription. Retail investors portion got fully subscribed. Technocraft Ventures Ltd on Thursday raised Rs 75.55 crore from anchor investors. The company's IPO will conclude on August 11. It has fixed a price band of Rs 200-212 per share for the issue. The IPO comprises a fresh issue of up to 95.05 lakh equity shares and an offer for sale (OFS) of up to 23.76 lakh shares by promoter Kartikey Constructions. At the upper end of the price band, the total issue size works out to about Rs 251.88 crore. Of the fresh issue proceeds, Rs 150 crore will be used to fund the
Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap rose 0.22 per cent, and the Nifty SmallCap fell 0.05 per cent
MV Electrosystems IPO received bids for 753.05 million shares as against 3.98 million shares on offer as all categories witnessed robust bids. Overall, the IPO was subscribed 188.85 times.
Juniper Green Energy share price: The listing of Juniper Green Energy shares was in line with grey market activity, which signalled a listing gain of 6 to 8 per cent for IPO investors.