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

Financial Express Kolkata

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

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