J B Ecotex files IPO papers with Sebi; eyes Rs 400 cr via fresh issue

J B Ecotex Ltd filed preliminary IPO papers with Sebi, aiming to raise funds worth Rs 400 crore. The offer includes a fresh issue and an Offer for Sale of over 1.29 crore equity shares by promoters. The proceeds will primarily repay outstanding borrowings, while some funds will go towards corporate purposes. Revenue in FY26 rose significantly from the previous year, indicating business growth.

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