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IPO

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

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

J Infratech Ltd has submitted preliminary papers for an initial public offering valued at Rs 600 crore. The IPO includes a fresh issue and an offer for sale by its promoters. The Haryana-based firm, established in 2005, focuses on infrastructure projects such as roads and bridges. Proceeds from the IPO will support working capital and repay borrowings, among other corporate purposes.

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