Blackstone's Horizon Industrial Parks Raises $200M Pre-IPO, Eyes $300M IPO

• Blackstone's Horizon Industrial Parks secured $200 million in a pre-IPO funding round.
• Investors include SBI group, RK Damani, Hemendra Kothari, and 360 One.
• Horizon plans to file DRHP with SEBI today for a $300 million IPO, targeting $500 million total.
• It is India's largest industrial and logistics developer, with 60 million sq ft across 46 assets in 10 cities.
• Other players like IndoSpace, TVS Logistics, and NDR group are also raising funds in the warehousing sector.

Why It Matters: Horizon Industrial Parks secures major pre-IPO funding, set for large IPO to expand warehousing.