J Infratech files IPO papers for Rs 600 crore issue
Headline by Prism · from 1 report
J Infratech has filed preliminary papers for an initial public offering aiming to raise Rs 600 crore through a fresh issue of shares.
1 of 32 monitored outlets · 1 report · English · checked
The brief
Written by software from the 1 report below.
- J Infratech has submitted a draft red herring prospectus to the Securities and Exchange Board of India to initiate an initial public offering.
- The offering includes a fresh issue of shares valued at Rs 600 crore and an offer for sale of 1 crore equity shares by existing promoters.
- The company specializes in infrastructure projects such as roads, highways, and bridges across India.
- Proceeds from the offering will support working capital, debt repayment, and general corporate expenses.
Coverage
1 outlet
English national1
All filed from India
NamedIndia · Bombay Stock Exchange · NSE · Jandu Construction Co · J Infratech · KFin Technologies · Securities and Exchange Board of India · Systematix Corporate Services
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