Nagpur / Mumbai: XSIO Industrial & Logistics Parks has marked a major milestone in its growth journey following the listing of Blackstone-backed Horizon Industrial Parks Limited on the National Stock Exchange (NSE) and BSE on 24 August 2026.
The listing represents an important new chapter for XSIO, which has built a growing Grade-A industrial and logistics portfolio from Nagpur in strategic partnership with Blackstone and Horizon Industrial Parks. Horizon holds controlling interests in several entities through which XSIO parks are developed and operated.
The milestone follows ₹4,250 crore of primary equity capital raised by Horizon Industrial Parks, comprising approximately ₹1,650 crore through a pre-IPO primary placement and a ₹2,600 crore initial public offering. The IPO was entirely a fresh issue, with no offer-for-sale component, further strengthening Horizon’s balance sheet, reducing debt and augmenting capacity for future growth.
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Aug 27 ,2026 - Time 10.30Hrs
For XSIO, the listing brings the institutional strength of the public markets to a partnership that combines XSIO’s local development expertise, execution capabilities and deep understanding of Maharashtra with Horizon and Blackstone’s capital, national platform and global real-estate experience.
XSIO’s Growing Maharashtra Platform
Headquartered in Nagpur, XSIO is focused on creating large-format, sustainable and institutional-quality industrial and logistics infrastructure for leading Indian and multinational occupiers.
XSIO’s portfolio comprises five key industrial and logistics assets in Nagpur: its flagship XSIO Park One on the Samruddhi Mahamarg; XSIO Park One North, the expansion adjoining the flagship park; XSIO Park Two at Linga; XSIO Park Three at Additional Butibori MIDC; and XSIO In-City at Wardhman Nagar. Together, these five assets form a growing Grade-A industrial and logistics platform serving and targeting occupiers across manufacturing, FMCG, e-commerce, third-party logistics and other high-growth sectors.
XSIO’s growth is supported by Nagpur’s strategic position at the centre of India, connectivity through the Samruddhi Mahamarg and national highways, major MIDC industrial clusters, rail networks and Nagpur International Airport. As part of its expansion plan, XSIO has now expanded beyond Nagpur into Mumbai, Pune and Indore, building a broader presence across key industrial and logistics markets.
Part of a 60+ Million Sq. Ft. National Platform
Horizon Industrial Parks has a pan-India network of 45 assets across 10 cities, totalling approximately 60 million sq. ft. The platform develops, owns and operates modern fulfilment centres, industrial facilities and in-city logistics infrastructure across India.
Ashish Agrawal, Managing Director, XSIO Industrial & Logistics Parks, said:
“This is a landmark moment for XSIO. What began with a vision to create world-class industrial and logistics infrastructure from Nagpur is today part of India’s largest institutionally backed industrial and logistics platforms.
Our partnership with Blackstone and Horizon has enabled us to combine XSIO’s local knowledge, entrepreneurial approach and execution capabilities with global capital and institutional strength. Horizon’s successful listing and the raising of over ₹4,250 crore of equity capital further strengthens the platform and gives us tremendous confidence for the next phase of growth.
XSIO remains committed to investing in Maharashtra, creating world-class industrial infrastructure, attracting leading global and domestic companies, generating employment and contributing to the State’s industrial growth.”
About XSIO Industrial & Logistics Parks
XSIO Industrial & Logistics Parks is a Nagpur-headquartered developer of Grade-A industrial and logistics infrastructure. Working in strategic partnership with Blackstone and Horizon Industrial Parks, XSIO develops modern, sustainable industrial and logistics parks for leading Indian and multinational occupiers, with a strong focus on Maharashtra.
About Horizon Industrial Parks Limited
Horizon Industrial Parks Limited is a Blackstone-backed industrial and logistics infrastructure platform with 45 assets across 10 cities and approximately 58.58 million sq. ft. Its equity shares are listed on the NSE (HORIZONIND) and BSE.
