New IPOs Alert: Trans ACNR Solutions, Arete 22, JB Ecotex, Anmol Industries, 10 others file draft papers with SEBI

Fourteen companies, including Trans ACNR Solutions, Maharashtra Oil Extractions, JB Ecotex and Arete 22, have filed preliminary papers with the market regulator, the Securities and Exchange Board of India, for IPOs, joining a growing list of firms tapping the primary market to raise capital for expansion, debt repayment and other corporate requirements.

Trans ACNR Solutions has filed its IPO papers through the confidential pre-filing route, while the other 13 firms -- Maharashtra Oil Extractions, Jagatjit Agri Engineering, Arete 22, Anmol Industries, J Infratech, JB Ecotex, Deon Energy, Jai Parvati Forge, Koolking Industries India, Sai Infinium, SG Encon, Mount Everest Breweries, and Ultravibrant Integrated Energy -- have filed standard draft red herring prospectuses with SEBI.

The proposed initial public offerings (IPOs) are aimed at raising funds for a range of purposes, including business expansion, working capital requirements, repayment of debt and general corporate purposes.

Under the confidential pre-filing mechanism, companies can submit draft offer documents to Sebi and stock exchanges without immediately making them available in the public domain. The documents are disclosed at a later stage after regulatory review.

Consequently, details of Trans ACNR Solutions' proposed IPO, including the offer size, structure, financial performance, valuation and timeline for the share sale, are not available at this stage.

In a public notice, the company said it has filed the "pre-filed draft red herring prospectus with SEBI and the stock exchanges" in connection with its proposed IPO of shares on the main board of the stock exchanges.

Among the companies that have made their IPO details public, Maharashtra Oil Extractions has proposed a fresh issue of up to ₹370 crore and an offer for sale (OFS) of up to 2.14 crore shares by promoters, according to the draft red herring prospectus (DRHP).

The company, incorporated in 1995, is engaged in processing, manufacturing, marketing and sale of products across the soybean value chain, including crude and refined edible oil, plant-based protein supplements, soya meal, soya flour and textured soya protein, besides lecithin and other speciality and industrial chemicals.

Jagatjit Agri Engineering's proposed share sale comprises a fresh issue of shares worth up to ₹300 crore and an OFS of up to 31 lakh shares by promoter Jagatjit Singh, according to its DRHP.

Ludhiana-based Jagatjit Agri Engineering, incorporated in 2020, manufactures agricultural implements and provides end-to-end crop solutions.

Mohali-based Jai Parvati Forge has proposed an IPO comprising a fresh issue of up to ₹300 crore and an OFS of up to 90 lakh shares by promoter Suman Chauhan.

Incorporated in 2004, the company manufactures forged and machined components, including bull gears, transmission gears and shafts and precision-machined parts.

Punjab-based Koolking Industries India has proposed a fresh issue of up to ₹300 crore and an OFS of up to 30.50 lakh shares by promoters.

Incorporated in 2008, the company manufactures and supplies heating, ventilation and air-conditioning (HVAC) components in India. According to a CARE report cited in the DRHP, it accounted for around 15% of the total addressable market (TAM) as of FY26.

SG Encon's IPO involves a fresh issue of up to 71.90 lakh shares and an OFS of up to 13.71 lakh shares by promoters Rajiv Gandhi and Pankaj Setia. The total offer size comprises up to 85.62 lakh shares.

Arete 22 Ltd has filed draft papers with SEBI to mobilise ₹440 crore through an IPO, consisting solely of a fresh issue of shares.

Arete 22 manufactures aluminium alloy wheels and precision aluminium high-pressure die-cast components for automotive original equipment manufacturers.

The proposed issue of JB Ecotex, a leading Indian PET recycling and sustainable manufacturing company, is a fresh issuance of shares valued at ₹400 crore and an OFS of 12,950,000 shares by promoters.

Biscuits maker Anmol Industries has filed its DRHP for a public issue, consisting solely of an OFS, to raise up to ₹1,800 crore.

J Infratech Ltd, an integrated infrastructure engineering, procurement and construction (EPC) firm, has filed draft papers for an initial share sale comprising a fresh issue of shares worth ₹600 crore and an OFS of 1 crore shares by promoters.

Solar engineering, procurement and construction (EPC) company Deon Energy's proposed IPO is a mix of a fresh issue of up to 72 lakh shares and an OFS of up to 20 lakh shares by promoters.

Indore-based Mount Everest Breweries has filed its preliminary papers for an IPO comprising a fresh issue of up to 1.15 crore shares.

Incorporated in 1999, the company is a beer brewing player in Madhya Pradesh and had a market share of nearly 36.3% in terms of volume production in FY26, according to the Technopak report cited in the DRHP. It has a presence across 16 states and three Union Territories.

Sai Infinium Ltd, formerly known as Sai Bandhan Infinium Ltd, has filed its draft prospectus for an IPO comprising a fresh issue of shares aggregating up to ₹280 crore and an OFS of up to 1.20 crore shares by promoter Ishu Bansal, according to the DRHP.

Ultravibrant Integrated Energy Ltd, formerly known as Ultravaibrant Solar Energy Ltd, has filed its draft papers for an IPO comprising a fresh issue of up to 1.20 crore shares and an OFS of up to 25 lakh shares by promoter Rajeshwar Singh.