Horizon Industrial Parks IPO Day 2: GMP, subscription status and key details; should you subscribe?

Horizon Industrial Parks IPO entered its second day of bidding with a 14% subscription on Day 1. Backed by Blackstone, the Rs 2,600 crore issue is priced between Rs 57-Rs 60. With a 3% GMP and proceeds primarily aimed at debt repayment, experts view it as a solid long-term bet.