Incorporated in 2009, Horizon Industrial Parks Limited, backed by Blackstone, is an integrated industrial and logistics infrastructure developer, owner and operator. According to a JLL report, the company is India’s largest industrial and logistics infrastructure platform by total network. As of the DRHP date, its portfolio comprised 45 logistics and industrial assets across 10 major Indian cities, with a total network spanning 58.01 million square feet (msf). The company develops, owns, operates and leases large-scale, modern warehousing and industrial facilities to customers across sectors such as e-commerce, FMCG, retail, logistics, manufacturing, electric vehicles, renewable energy and electronics. Its strategically located facilities and integrated service offerings enable it to cater to both multinational corporations and domestic businesses. Core Offerings Fulfilment Centers (Warehousing): These facilities primarily cater to e-commerce, FMCG, retail and logistics companies. As of November 30, 2025, fulfilment centers accounted for 15.55 msf, or approximately 58% of the company's operational area. Industrial Facilities: Designed for manufacturing and industrial customers across sectors such as electric vehicles, renewable energy, electronics, automotive and auto ancillaries. These facilities represented 10.36 msf, or approximately 39% of the operational area, as of November 30, 2025. In-City Centers: Strategically located close to major consumption hubs to facilitate last-mile delivery and urban distribution. These centers cater to applications such as dark stores, pharmaceuticals, cloud kitchens, retail and service operations. The company had an in-city development pipeline of 6.31 msf across seven cities. Beyond its core leasing business, Horizon Industrial Parks provides a range of value-added and integrated solutions, including turnkey infrastructure solutions, solar energy solutions, cold-storage facilities, on-site employee accommodation and skill-development centers. Customers & Market Presence As of November 30, 2025, the company had served more than 100 customers across key sectors, including e-commerce, retail, FMCG, renewable energy, auto ancillaries and manufacturing. Its scale, technical capabilities, strategically located network and integrated service offerings enable it to serve both multinational corporations (MNCs) and domestic enterprises. Rather than providing only real estate space, the company seeks to offer customers a comprehensive industrial and logistics ecosystem, supporting their operational, infrastructure and expansion requirements. Competitive Strengths Market-leading scale: India's largest industrial and logistics infrastructure platform by total network, according to the JLL report, with strategically located assets across key markets. Diversified and integrated portfolio: Presence across fulfilment centers, industrial facilities and in-city logistics centers, supported by a fully integrated operating platform. Strong industry tailwinds: Well positioned to benefit from the continued expansion of Indian manufacturing, domestic consumption, e-commerce and organized logistics. Established customer relationships: Strong ability to lease and actively manage assets while offering customers a broader business ecosystem beyond conventional real estate solutions. Engineering and technical expertise: Proven capabilities in designing and executing complex industrial and logistics infrastructure projects. Development and acquisition capabilities: Demonstrated experience in asset development and acquisitions, along with execution of joint ventures and government partnerships. Focus on sustainability: Emphasis on sustainable infrastructure and environmentally responsible operating practices. Experienced leadership: Highly skilled and professional management team with expertise across industrial real estate, logistics infrastructure, development and asset management.