BSE List Price : ₹59.65

NSE List Price : ₹60.25

subscription

Category	Times
QIBs	1.94x
HNIs	1.03x
Retail	1.01x
Total : 1.52x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	1	250	₹15,000
Retail Maximum	13	3,250	₹195,000
S-HNI Minimum	14	3,500	₹210,000
S-HNI Maximum	66	16,500	₹990,000
B-HNI Minimum	67	16,750	₹1,005,000

About the Company

Founded in 2009, Horizon Industrial Parks is a leading developer of industrial and logistics infrastructure in India, with ownership of 45 industrial and logistics assets spread across 10 major cities. The company develops and leases modern, large-scale facilities designed to support manufacturing, warehousing, storage, and distribution activities.

Its portfolio includes fulfillment centers for warehousing, industrial facilities for manufacturing, and strategically located in-city centers that enable last-mile delivery. The company caters to a diverse range of industries, including e-commerce, FMCG, electric vehicles, electronics, retail, pharmaceuticals, and logistics.

With one of India’s largest portfolios of Grade A industrial and warehouse properties, Horizon Industrial Parks currently operates 45 parks across 10 key markets, covering more than 2,200 acres. In addition, the company plans to acquire approximately 100 acres of additional land in the Bengaluru region to support its future expansion.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2024	₹245.52	₹403.01	₹-162.21	₹4993.18
2025	₹439.35	₹596.41	₹-178.78	₹9851.54
2026	₹767.84	₹965.14	₹-203.65	₹13495.13

Company Promoter

BREP Asia II EIP Holding (NQ) Pte. Ltd.

Brep ASIA II Indian Holdings Co. VI (NQ) Pte. Ltd

BREP Asia III INdia Holdings Co. III Pte. Ltd

Know before investing

• • Strengths

  Strong market presence with strategically positioned assets: Horizon has built a sizeable industrial and logistics infrastructure platform with high-quality facilities located across strategically important markets. Its integrated portfolio includes assets situated in and around key urban and commercial centres.

  Established customer relationships: The company has built relationships with more than 100 customers across manufacturing, e-commerce, and third-party logistics (3PL) sectors. Its capability to lease, operate, and manage assets enables it to offer customers an integrated business environment and a wider range of solutions.

• • Risks

  Dependence on recent acquisitions from promoters and other sellers: A substantial portion of the company’s assets was acquired from promoters and other sellers during Fiscals 2025 and 2026, and the company may continue to undertake similar acquisitions in the future. The pro forma financial information provided for these acquisitions is indicative in nature and may not fully represent the company’s actual financial position or operating performance.

  High customer concentration: The company’s revenue is considerably reliant on its top 10 customers. These customers accounted for 41.52%, 44.44%, 53.97%, and 53.20% of pro forma revenue from operations for the three months ended June 30, 2025 and Fiscals 2025, 2024, and 2023, respectively. Any loss of these key customers or reduction in their lease commitments could negatively impact the company’s business and financial performance.

Objects of the Issue & Utilisation of proceeds

Repayment and/or prepayment, in part or full, of certain borrowings availed by the company and Certain wholly owned Subsidiaries of our Company, namely Bagur Logistics Park Private Limited, Embassy Industrial Park Hosur Private Limited, Farukhnagar Logistics Parks LLP, FRK II Industrial Park Private Limited, Goodluck Buildtech Private Limited, ILV Distripark Private Limited, ILV Distripark (MWC) Private Limited, Jindpur Industrial Park Private Limited, Kalina Warehousing Private Limited, Lakshmi.

General Corporate Purpose.

Company  Address

Horizon Industrial Parks Ltd.
One World Centre, Unit No 1501B, Tower 1, 841
Jupiter Textile Mills, Senapati Bapat Marg,
Mumbai, Maharashtra, 400013
Phone: +91 22 4158 1000
Email: complianceofficer@hiparks.com
Website: http://www.hiparks.com/

IPO Registrar

Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: horizon.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/