Horizon Industrial Parks Limited (formerly JEM Cements Private Limited) was incorporated on September 22, 2009 in Bengaluru. The company has undergone multiple name changes: Embassy-Maini Logistics Bangalore Private Limited (November 22, 2011), Embassy Industrial Parks Private Limited (January 19, 2015), and Horizon Industrial Parks Private Limited (December 2, 2021). It converted to a public company as Horizon Industrial Parks Limited, with a fresh certificate of incorporation dated July 28, 2025.
The company operates as an industrial and logistics infrastructure developer, owner, and operator in India. It has a network of 45 assets across 10 cities, totaling 58.01 million square feet. Its portfolio spans three asset classes: fulfillment centers, industrial facilities, and in-city centers.
Growth has been driven by acquisitions, greenfield development, and redevelopment. In FY2020, it launched a 14.55 million sq ft acquisition across six assets, and in 2021 entered the in-city vertical with a 0.80 million sq ft acquisition. The company also introduced value-added services, commissioning its first rooftop solar project (0.98 MW) and its first cold storage facility in 2023. In FY25, it acquired 10.12 million sq ft, strengthening its presence in Delhi NCR, Chennai, MMR, and Nagpur.
Horizon has filed a Draft Prospectus with SEBI and plans an initial public offering comprising a fresh issue of shares to raise Rs 2,600 crore (face value Rs 10 per share).
