By Ajay kumar | CEO & Editor-in-chief
Mumbai, Maharashtra (UNA) : Horizon Industrial Parks, a logistics and industrial real estate platform promoted by global investment firm Blackstone, has initiated the regulatory process for a proposed initial public offering. The company filed draft papers for an issue sized up to ₹2,600 crore, with plans to allocate proceeds toward reducing existing debt and supporting ongoing growth initiatives. Overall market response to initial public offerings this year has been constructive, with investor interest in real estate and logistics plays growing amid stable leasing activity and demand for warehouse space. The filing by Horizon Industrial Parks adds to a pipeline of offerings scheduled for 2026, reflecting continued institutional confidence in India’s logistics infrastructure. The decision to pursue a public listing is driven in part by the company’s objective to optimise its capital structure while tapping public market capital to enhance financial flexibility. Reducing debt is expected to improve liquidity metrics and position the firm for future asset acquisitions and development projects across key industrial corridors. In recent quarters, several peers in the industrial and logistics real estate space have drawn strong participation from institutional investors, underlining solid fundamentals in the sector. Market participants noted that the timing of the IPO aligns with broader trends of increased allocations toward assets benefiting from supply chain realignment and e‑commerce growth. Analysts said the move could unlock greater transparency and valuation clarity for the platform, while also offering public market investors exposure to a segment tied to India’s expanding manufacturing and distribution framework.