Business
J Infratech seeks Rs 600 crore through fresh issue and promoter share sale
Reported by Neha Sharma (Staff Writer) · Economic Times - Markets ·
Reported by one source so far
Representative image · PexelsJ Infratech Ltd has filed preliminary papers for an initial public offering worth Rs 600 crore. The plan mixes a fresh issue of shares with an offer for sale by its promoters. The Haryana‑based firm, founded in 2005, builds infrastructure such as roads and bridges. Money raised will fund working‑capital needs and help clear existing borrowings, alongside other corporate purposes. By opening its capital to public investors, the company aims to strengthen its balance sheet and expand its project pipeline. The filing signals its readiness to list on a stock exchange once the regulator clears the prospectus.
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