About Company

• q Horizon Industrial Parks is India’s largest industrial and logistics infrastructure developer, owner and operator by Total Network, with 45 assets across 10 cities and a Total Network of 58.58 msf as of May 2026.
• q The Company operates exclusively Grade A+ industrial facilities, fulfilment centres and in-city centres, strategically located across key consumption and industrial hubs including Delhi-NCR, Mumbai, Bangalore, Chennai, Pune, Hyderabad, Ahmedabad, Goa, Nagpur and Nashik.
• q It has a presence across markets representing ~ 9% of India’s population and contributing around 21% of India’s GDP, with average per-capita income nearly three times the national average as of March 2026.
• q The Company has maintained Committed Occupancy exceeding 89% since FY21, with an Operational Network of 28.55 msf as of May 2026.
• q It has a first-mover advantage in delivering Grade A+ facilities designed to reduce customers’ time-to-market to approximately six to nine months, compared with the typical 24 to 30 months required when managed independently.
• q The Company provides customer-specific enhancements such as electric overhead travelling cranes, cold storage, compressed air systems and high-capacity electrical infrastructure, helping reduce upfront capital expenditure and accelerate operational readiness.
• q It operates the largest in-city logistics portfolio among peers, comprising 17 strategically located in-city centres spanning 6.91 msf, providing access to more than 20 million end-consumers within a 10–30-minute driving distance.
• q These in-city centres support multiple use cases, including last-mile delivery stations, dark stores, D2C operations, cold storage, cloud kitchens, service centres, experience centres, research laboratories and light-industrial operations.
• q The Company is developing three urban distribution centres in Delhi-NCR with 1.3 msf development potential and expanding its in-city warehousing footprint through a strategic partnership with Central Warehousing Corporation (CWC).
• q It offers an integrated business ecosystem comprising turnkey solutions, energy solutions, on-site staff accommodation, cold storage, skill development centres and hospitality solutions.
• q The Company is developing an on-campus 115-key mid-scale hotel at Dobbaspet Industrial Park, Bangalore, which is stated to be one of its kind in India.
• q Blackstone is the sponsor of Horizon Industrial Parks and brings over 20 years of experience in India, global best practices in development and asset management, and deep expertise across real estate and private equity.

Strengths

Competitive Strength 

• Largest player with premium-quality offerings strategically located across prime markets, including in-city locations with fully integrated platform;
• Well positioned to benefit from industry tailwinds; its business is a derivative of India’s manufacturing, consumption and e-commerce tailwinds;
• Strong customer relationship - A testament to its ability to lease and actively manage its assets with an ability to provide a comprehensive business ecosystem to its customers, not just real estate solutions;
• Proven engineering and technical capabilities enabling execution of complex industrial projects;
• Proven expertise in development and acquisitions, backed by a track record of executing joint ventures and maintaining government partnerships;
• Proven track record of active asset management
• Commitment to enhanced sustainability practices with high sustainability standards;
• Highly skilled and professional leadership team backed by an experienced promoter with extensive industry experience and execution expertise.

Business Strategies 

• Continue capitalizing growth opportunities in existing facilities and organic network expansion
• Expand the in-city logistics network – a powerhouse of growth
• Continue acquisitions supported by strong cashflows and sustainable debt
• Expand value-added service offerings to more customers
• Strategic Expansion into New Segments

Company Promoters

Company Financials

Horizon Industrial Parks Ltd.'s revenue increased by 75% and profit after tax (PAT) dropped by 14% between the financial year ending with March 31, 2026 and March 31, 2025.

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: