# Horizon Industrial Parks IPO opens on 17 August at Rs 57-60 2026-08-12T19:55:01+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Blackstone-backed Horizon Industrial Parks will open its Rs 2,600 crore initial public offering on 17 August, with a price band of Rs 57-60 per share. The IPO consists entirely of fresh shares, and Rs 2,250 crore of the proceeds will be used to repay borrowings. The company had total debt of Rs 6,884.34 crore as of March 2026. Horizon plans to expand into tier 2 cities like Lucknow, Vizag, Coimbatore, Indore and Aurangabad, and explore eastern India. It aims to diversify its customer base and product offerings amid the institutionalisation of India's warehousing sector. The company manages 61 million sq ft across 46 assets. India's logistics sector is projected to reach $540 billion by 2030. ## Coverage - livemint.com Tags: Blackstone, Horizon Industrial Parks, IPO, logistics, real estate, warehousing Canonical: https://indianopinion.org/horizon-industrial-parks-ipo-opens-on-17-august-at-rs-57-60/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/horizon-industrial-parks-ipo-opens-on-17-august-at-rs-57-60/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.