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Blackstone-backed Horizon files for ₹4,250-crore IPO

Financial Express Delhi

|

December 30, 2025

BLACKSTONE-OWNED HORIZON Industrial Parks has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) to raise ₹4,250 crore through an initial public offering (IPO).

- RAGHAVENDRA KAMATH

The fundraise includes raising ₹1,650 crore through a pre-IPO placement and a primary issue of ₹2,600 crore. The company has already raised nearly $200 million (₹1,800 crore) in a pre-IPO round prior to filing the DRHP, with participation from investors including 360

MÁS HISTORIAS DE Financial Express Delhi

Financial Express Delhi

Tobacco stocks tumble on 40% higher 'sin' tax

• New levy from Feb 1; move designed to align with WHO norms: Govt

time to read

1 min

January 02, 2026

Financial Express Delhi

Grand Vitara, Victoris drive up Maruti’s share in SUV market

MARUTI SUZUKI'S SUV market share climbed to 30.7%, from 25.7% in the first half of 2025, signalling growing acceptance of its utility vehicle portfolio.

time to read

1 min

January 02, 2026

Financial Express Delhi

India poised to be 'office of the world': EY

INDIA IS WELL-POSITIONED to emerge as one of the world's most powerful growth engines over the next two decades, driven by its leadership in information technology services, rapid digitalisation, strong entrepreneurship, and favourable demographics, according to a recent EY report on India's long-term economic prospects.

time to read

1 min

January 02, 2026

Financial Express Delhi

Operators of KFC, Pizza Hut to merge

KFC AND PIZZA HUT operators Sapphire Foods and Devyani International said on Thursday they will merge in a $934-million deal, creating a fast-food franchisee powerhouse in the world's most populous country.

time to read

1 min

January 02, 2026

Financial Express Delhi

Tobacco stocks tumble on 40% higher ‘sin’ tax

THE DISCONTINUATION OF GST compensation cess, which as per another notification will take place on February 1, neces- sitated a restructuring of levies on tobacco products.

time to read

2 mins

January 02, 2026

Financial Express Delhi

Insurers shell out ₹1L cr in commissions in FY25

· RBI flags high cost distribution strategies

time to read

1 mins

January 02, 2026

Financial Express Delhi

Goods exports by railways projected at ₹50K cr by'30

THE MINISTRY OF Railways is targeting a more than sevenfold increase in railway equipment exports to ₹50,000 crore by 2030, Railway Minister Ashwini Vaishnaw said on Thursday.

time to read

2 mins

January 02, 2026

Financial Express Delhi

'We aspire to grow SME segment faster than wholesale banking'

The Reserve Bank of India's regulatory approach has consistently centred on ease of doing business and enhancing customer experience, says Paritosh Kashyap, whole time director and executive director at Kotak Mahindra Bank.

time to read

3 mins

January 02, 2026

Financial Express Delhi

Fewer startups shut shop in 2025

SIGNS OF REVIVAL AS SHUTDOWNS DROP TO 5-YEAR LOW

time to read

1 min

January 02, 2026

Financial Express Delhi

Bankers get a dire warning from Jane Austen’s final book

JANE AUSTEN'S NOVELS continue to grip readers (and viewers) in her semiquincentennial year.

time to read

3 mins

January 02, 2026

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