J Infratech files IPO papers; eyes Rs 600 cr via fresh issue

J Infratech Ltd filed preliminary IPO papers with the Securities and Exchange Board of India (Sebi) for a fresh issue worth ₹600 crore. The IPO will also include an offer for sale of 1 crore equity shares by promoters. The company plans to use the proceeds for working capital, debt repayment, and general corporate purposes, with listing on BSE and NSE expected.

Read the source (ET Markets)

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