J B Ecotex files IPO papers with SEBI; eyes ₹400 cr via fresh issue

J B Ecotex Ltd has filed preliminary papers with capital markets regulator SEBI to raise funds through an Initial Public Offering (IPO) comprising a fresh issue of shares worth ₹400 crore.Along with the fresh issue, there will be an Offer for Sale (OFS) of up to 1.29 crore equity shares by promoter…