Blackstone's Horizon Industrial Parks files for Rs 2,600 Cr IPO

Blackstone-backed Horizon Industrial Parks has filed its Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹2,600 crore through an Initial Public Offering (IPO). The company successfully raised ₹1,650 crore in a pre-IPO round from investors including SBI, SBI Life Insurance, and Radhakishan Damani. The IPO proceeds will primarily be used for debt repayment.

Read the full story on Quick Digest