Horizon Industrial Parks, backed by global asset manager Blackstone, has filed draft papers with Sebi for an Initial Public Offering (IPO) to raise Rs 2,600 crore through a fresh issuance. The company aims for a total fundraise of Rs 4,250 crore, including a pre-IPO placement of Rs 1,650 crore. Proceeds will primarily be used for repaying borrowings and general corporate purposes. Horizon boasts a pan-India portfolio of approximately 60 million square feet across 46 assets, serving over 100 clients, including many Fortune 500 companies.