Cyril Amarchand Mangaldas, Khaitan & Co act on Horizon Industrial Parks ₹2,600 crore IPO

Blackstone-owned Horizon Industrial Parks Limited has raised ₹2,600 crore from an Initial Public Offering of equity shares.

Cyril Amarchand Mangaldas advised Horizon Industrial Parks on this IPO.

Khaitan & Co advised the book running lead managers, JM Financial Limited, Axis Capital Limited, IIFL Capital Services Limited, SBI Capital Markets Limited and 360 ONE WAM Limited, on this IPO.

The transaction team consisted of Subhayu Sen (Partner), Aparna Bagree (Partner), Johann Valladares (Principal Associate), Reshmi Prabhakar (Senior Associate), Associates Nibha Yadav, Mehar Sharma (Associate) and Vedika Jhunjhunwala.

Harsh Parikh (Partner), Abhiraj Gandhi (Partner), Ekta Sawant (Principal Associate) and Snehil Singhvi (Senior Associate) provided support on real estate law aspects.

Horizon Industrial Parks is India’s largest industrial and logistics infrastructure developer, owner and operator.

The proceeds from the IPO will be used for repayment of debt and general corporate purposes.

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