Trilegal advises J B Ecotex on its proposed IPO

Trilegal is advising on the proposed initial public offering of J B Ecotex, comprising a fresh issue of equity shares aggregating up to INR 4,000 million and an offer for sale of up to 12,950,000 equity shares by certain promoter selling shareholders (the “IPO”).

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.

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

The Trilegal Capital Markets Team advising on this matter was led by Partners: Richa Choudhary and Murtaza Zoomkawala; and supported by Senior Associate: Rainika Malhotra; and Associates: Rajat Chauksey, Pallavi Vuppu and Nandini Ravishankar.

About Trilegal

Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric approach. The firm advises a diverse set of clients, including Fortune 500 companies, global investment funds, major Indian conglomerates, domestic and international banks, technology and media giants, family offices, and high-net-worth individuals. Operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country, with offices across Mumbai, Delhi, Gurugram, Bengaluru, Chennai, Pune, and GIFT City.

Trilegal has consistently been recognised among India’s top-tier firms in leading legal directories such as Chambers & Partners (Asia Pacific and Global), Legal 500 Asia Pacific, and Benchmark Litigation. It has also earned several prestigious accolades, including being named Law Firm of the Year at the ET Global Legal Awards 2026, Best Overall Law Firm by India Business Law Journal (IBLJ) 2025, Innovative Lawyers in Disputes & Crisis Management by the Financial Times (FT) Innovative Lawyers Asia-Pacific Awards in 2025, and M&A Firm of the Year by IFLR Asia-Pacific in 2024.

For more information, please get in touch with Prakruti Jani | Mob: +91-9867868976 | BD@trilegal.com.