Trilegal, CMS INDUSLAW act on J B Ecotex proposed IPO

J B Ecotex Limited has filed a draft red herring prospectus for an initial public offering comprising a fresh issue of equity shares aggregating up to ₹ 400 croreand an offer for sale of up to 12,950,000 equity shares by certain promoter selling shareholders.

Trilegal is advising J B Ecotex and the promoter selling shareholders on the IPO.

The transaction is being led by Richa Choudhary (Partner) and Murtaza Zoomkawala (Partner), with support from Rainika Malhotra (Senior Associate), Associates Rajat Chauksey, Pallavi Vuppu and Nandini Ravishankar.

CMS INDUSLAW is advising Motilal Oswal Investment Advisors Limited and JM Financial Limited, the Book Running Lead Managers on this IPO.

The transaction team consists Mathew Thomas (Partner), Aman Bahl (Senior Associate), Kirti Gohil (Senior Associate), Associates Preeti Gokhale, Anoushka Sud, Sahil Mehta, Anupriya Dasila and Anushka Pawar.

J B Ecotex is the second largest PET recycling company in India in terms of its installed capacity as of August 31, 2026. The company is involved in recycling of PET bottles and other PET waste to manufacture recycled PET products. Demonstrating significant recycling capabilities, J B Ecotex recycled over 3,528.44 million plastic bottles in Fiscal 2026, at an average of over 9.67 million bottles per day, which was among the highest in the PET recycling industry.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.