Horizon Industrial Parks Files ₹2,600 Crore IPO

Horizon Industrial Parks, a company that builds and manages industrial and logistics spaces, has filed for an IPO to raise ₹2,600 crore.

Blackstone, a big investment firm, owns most of the company.

They already raised ₹1,650 crore before the IPO from other investors.

The money from the IPO will be used to pay back loans and help the company grow even bigger.

Horizon has large buildings all over India, about 60 million square feet in total, and many big companies use their spaces.

Blackstone started investing in this company in 2020 and has helped it grow a lot since then.