Horizon Industrial Parks Limited, India’s largest industrial and logistics infrastructure developer, plans to raise INR 2600 crore through an IPO.
[Fresh Issue ₹2600 Cr + OFS NIL]
Horizon industrial park ipo price: ₹57–₹60 per share.
Horizon Industrial Parks: History
The Company was incorporated as JEM Cements Private Limited, a private limited company under the Companies Act, 1956, at Bengaluru, Karnataka, India, on September 22, 2009.
The Company was then converted into a public limited company on June 30, 2025, under a special resolution passed by the shareholders.
Its name was subsequently changed to Horizon Industrial Parks Limited, and the RoC issued a fresh certificate of incorporation on July 28, 2025.
Horizon Industrial Parks: Business
According to the JLL Report, Horizon Industrial Parks Limited is India’s largest industrial and logistics infrastructure developer, owner, and operator by Total Network.
The Company offers clients Grade A quality fulfillment centers, industrial facilities, and in-city centers across the country’s major industrial and consumption hubs.
Its comprehensive business ecosystem provides a holistic end-to-end solution that enables clients to operate seamlessly and reduce time-to-market.
The Company’s solutions include, among others, built-to-suit facilities, fully fitted plug-and-play facilities, cold storage, energy solutions, on-site staff accommodation, racking, and material handling equipment (MHEs), all designed to support efficient operations.
Its client base comprised 118 customers as of 31 May, 2026, with Fortune 500 companies accounting for 54.05 percent of committed operational area.
Network
As of May 2026, the company’s network comprised 45 assets across 10 major industrial and consumption hubs, covering 58.58 million sq. ft. of total network area.
Its operational network stood at 28.55 million sq. ft., with a strong committed occupancy of 93.56%.
Strategies Ahead
Drive organic growth by building out and stabilizing existing assets.
Expand in-city logistics network – a powerhouse of growth.
Acquisitions supported by strong cash flows and sustainable debt.
Expand value-added service offerings to more customers.
Strategic Expansion into New Segments.
Company Promoters
- BREP Asia II EIP Holding (NQ) Pte,
- BREP Asia II Indian Holding Co VI (NQ) Pte,
- BREP Asia III India Holding Co III Pte.
Refer to Horizon industrial park DRHP for more information.
IPO Details
ipo date: 17 Aug – 19 Aug 2026
Minimum Amount: ₹15,000
Minimum Bid: 250 Shares
Face Value: INR 10 per share
Listing On: NSE, BSE
Financial
Book Running Lead Managers
Axis Capital,
IIFL Capital Services,
JM Financial,
SBI Capital Markets,
360 ONE WAM Limited
CONCLUSION
Considering financial performance and the nature of the business, FinBlab recommends ‘NEUTRAL‘ ratings for the Horizon Industrial Parks IPO.
Do come back to learn more about “upcoming IPOs”.
Disclaimer: This article is purely for informational purposes.
While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.