Horizon Industrial Parks Limited IPO
Horizon Industrial Parks Limited IPO
Mainboard NSE & BSE 100% Book Built Offer

Business Overview

Horizon Industrial Parks Limited is India's largest industrial and logistics infrastructure developer, owner and operator by Total Network, according to the JLL Report. As of the DRHP date, its pan-India network comprises 45 assets across 10 cities, totalling 58.01 million square feet of Grade A+ industrial facilities, fulfillment centers, and in-city logistics centers. Backed by Blackstone-affiliated promoters, the Company has built this scale in just over five years through strategic acquisitions, greenfield developments, and targeted redevelopments. It serves 107 customers including Fortune 500 companies, with committed occupancy of approximately 92% as of June 2025.

Horizon Industrial Parks IPO Size

Fresh Issue
₹2,600 Cr (TBA Shares)

Objects of the Issue

Repayment and/or prepayment, in part or full, of certain borrowings availed by the Company and certain wholly owned Subsidiaries, through investments in such Subsidiaries

₹2,250.00 Cr

General corporate purposes

₹TBA Cr

Horizon Industrial Parks IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Horizon Industrial Parks IPO
Particulars Jun-25 Mar-25 Mar-24 Mar-23
Revenue 128.62 359.31 233.55 151.32
PAT -57.65 -129.57 -138.97 -151.27
Net Worth 786.81 731.21 293.24 441.51
Borrowings 5,471.61 5,254.85 3,284.08 2,322.83
Assets 7,779.32 7,360.03 4,290.27 3,174.88
NAV (₹) 12.19 13.65 12.54 11.46
EPS (₹) -0.87 -2.26 -2.53 -2.70

Key Performance Indicators (KPIs)

EBITDA

76.91%

ROE

-16.59%

Promoter Holding

Promoter

88.74%

Public

11.26%

BREP Asia III India Holding Co III Pte. Ltd. 33.72%
BREP Asia II EIP Holding (NQ) Pte. Ltd. 33.43%
BREP Asia II Indian Holding Co VI (NQ) Pte. Ltd. 21.59%

Management

Urvish Jayantilal Rambhia
WTD & CEO
Kunal Harun Shah
CFO
Asheesh Mohta
Chairman

Registrar & Lead Managers

Company Details

Name: Horizon Industrial Parks Limited

Address: One World Centre, Unit No 1501B, Tower 1, 841, Jupiter Textile Mills, Senapati Bapat Marg, Mumbai 400 013, Maharashtra, India

Number: +91 22 4158 1000

Email: complianceofficer@hiparks.com

Website: www.hiparks.com

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