{
  "id": 10646293,
  "title": "J B Ecotex Submits Draft IPO Documents To Sebi, Targets ₹400 Crore From Fresh Issue Of Shares",
  "url": "https://urgent.news/2026/09/29/j-b-ecotex-submits-draft-ipo-documents-to-sebi-targets-400-crore-from",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T07:47:47.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/j-b-ecotex-submits-draft-ipo-documents-to-sebi-targets-400-crore-from-fresh-issue-of-shares"
  },
  "original_language": "en",
  "account": "Mumbai: PET recycler J B Ecotex Ltd has submitted draft IPO documents to the Securities and Exchange Board of India (Sebi) with a target of raising ₹400 crore. The proposed offering encompasses a fresh share issue and an offer for sale by promoters. The draft red herring prospectus indicates that promoters intend to sell up to 1.29 crore equity shares. The company may also raise up to ₹80 crore through a pre-IPO placement. If this additional placement occurs, the funds will be subtracted from the initial share issue size. J B Ecotex aims to list its shares on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Motilal Oswal Investment Advisors and JM Financial serve as the book-running lead managers, while MUFG Intime India acts as the registrar.",
  "summary": "Mumbai: Surat-based PET recycler J B Ecotex Ltd has filed draft papers with the Securities and Exchange Board of India (Sebi) for an initial public offering. The proposed IPO includes a fresh issue of shares worth up to ₹400 crore and an offer for sale by promoters. Papadmalji Agro Foods Launches ₹20.18 Crore SME IPO Today, Sets ₹69–72 Price Band With Seasoned Investors Backing The Issue J B…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "J B Ecotex files IPO papers with SEBI; eyes ₹400 cr via fresh issue",
        "url": "https://urgent.news/2026/09/29/j-b-ecotex-files-ipo-papers-with-sebi-eyes-400-cr-via-fresh-issue",
        "published": "2026-09-29T08:40:11.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}