JB Ecotex

*(Source: 1Lattice Report)

Global Connectivity

Conducting business in India and 25 countries through active exports, fostering global trade, and expanding market reach.

world map
Manufacturing Plants
Global Reach

Our Journey Through the Years

Explore the significant moments that shaped our legacy, from our humble beginnings to our strategic milestones.

OCT 2015

J B Ecotex LLP started commercial production of RPSF with installed capacity of 25,000 MTPA.

OCT 2017

Commencement of windmill project of 2.10 MW.

NOV 2017

Expanded installed capacity of RPSF from 25,000 MTPA to 60,000 MTPA.

FEB 2020

Commencement of solar project of 1.00 MW.

NOV 2020

Commenced commercial production of rPET Flakes with installed capacity of 12,000 MTPA.

SEP 2021

Converted from J B Ecotex LLP to J B Ecotex Limited.

JUL 2022

Expansion of solar projects by additional 0.15 MW.

OCT 2023

Expansion of windmill projects by additional 2.10 MW.

JAN 2024

JB rPET Industries Private Limited (wholly owned subsidiary of J B Ecotex Limited) commenced commercial production of Chemically Recycled Resins with an installed capacity of 28,800 MTPA and rPET Flakes with a capacity of 18,600 MTPA.

MAR 2024

Expansion of windmill projects by additional 3.00 MW.

AUG 2024

Commenced commercial production of Food Grade rPET Resins with installed capacity of 21,600 MTPA.

MAR 2025

Expansion of solar projects by additional 4.70 MW.

AUG 2025

Expansion of solar projects by additional 0.75 MW in wholly-owned subsidiary.

JUN 2026

Expansion of Chemically Recycled Resins installed capacity of 4,800 MTPA.

AUG 2026

Expansion of Food Grade rPET Resins installed capacity of 34,560 MTPA.

Our Management Team

Meet the experts behind our success. Our leadership team brings diverse experience and innovative thinking to every project.

Our Directors

Vishal Kejriwal

Vishal Kejriwal, aged 53 years, is a Non-Executive Director of our Company. He has been on the Board of our Company since December 15, 2022. He holds a bachelor’s degree in commerce from Utkal University. He has over 23 years of experience in the textile and manufacturing industry. Currently, he is responsible for the strategic guidance and oversight of our major business decisions, expansion plans, land and property matters and key financial matters of our Company. He is currently also associated with Jaybharat Dyeing and Printing Private Limited, Jaybharat Energy Private Limited and Oriilon India Private Limited in the capacity of a director.

Vishal Kejriwal

Non-Executive Director

Jitendrakumar Arya

Chairman & Non-Executive Director

Jitendrakumar Arya

Jitendrakumar Arya, aged 69 years, is the Chairman and Non-Executive Director of our Company. He was one of the founding partners of the erstwhile JBE LLP incorporated on November 12, 2012, and has been on the Board of our Company since September 21, 2021. He has completed his higher secondary schooling from the West Bengal Board of Secondary Education. He has over 40 years of experience in the textile industry. Currently, as the Chairman of our Company, he is responsible for providing overall strategic guidance, leadership and long-term direction to our Company. He is currently also associated with Gurera Textile Private Limited, Jaybharat Steels Private Limited and J.Korin Spinning Private Limited in the capacity of a director, and Jaybharat Silk Prints Limited, Jaybharat Overseas Limited and Zee Textile Vareli Private Limited as a promoter.

Ayodhyaprasad Singhal

Ayodhyaprasad Singhal is the Managing Director of our Company. He has been associated with the erstwhile J B Ecotex LLP since September 16, 2014, and has served on the Board of Directors of our Company since September 21, 2021. He is a qualified Chartered Accountant and holds a Bachelor’s degree in Commerce (Honours) from Jai Narain Vyas University, Jodhpur. He has over 16 years of experience in the recycling industry and finance. As Managing Director, he is responsible for providing strategic direction and overseeing the overall business operations, business development initiatives, financial performance and key management decisions of our Company. He also plays a key role in managing stakeholder relationships and driving the Company’s growth and long-term business objectives.

Ayodhyaprasad Singhal

Managing Director

Rajesh Gupta

Non-Executive Director

Rajesh Gupta

Rajesh Gupta, aged 50 years, is a Non-Executive Director of our Company. He has been on the Board of our Company since December 15, 2022. He holds a bachelor’s degree in commerce from Senate of South Gujarat University. He has over 30 years of experience in the textile industry. Currently, he is actively involved in our renewable energy initiatives, major business decisions, key operational matters, future plans and growth strategies. Currently, he is also associated with Jaybharat Power Private Limited, Climate Detox Private Limited, JB Lifestyle Private Limited, J. Korin Spinning Private Limited, Jaybharat Dyeing and Printing Private Limited, Climate Detox Renewables Private Limited, Climate Detox Bio Energy Private Limited in the capacity of a director.

Our KMPs and SMPs

Nidhi Sharma

Nidhi Sharma is the Company Secretary and Compliance Officer of the Company. She has been associated with the Company from July 20, 2026. She was also appointed as the company secretary of JB rPET Industries Private Limited, our Material Subsidiary, with effect from October 1, 2024. She is an associate member of the Institute of Company Secretaries in India. She has two years of experience as a company secretary. She is currently responsible for overseeing our Company’s secretarial, corporate governance and regulatory compliance functions, including Board and shareholder matters, statutory filings, and compliance with applicable laws and regulations. She was previously associated with Jivraj Tea Limited as the company secretary. In Fiscal 2026, she did not receive any remuneration from our Company.

Nidhi Sharma

Company Secretary & Compliance Officer

Naman Shah

Chief Financial Officer

Naman Shah

Naman Shah is the Chief Financial Officer of our Company and has been associated with our Company since March 1, 2023. He was also appointed as the chief financial officer of JB rPET Industries Private Limited, our Material Subsidiary, with effect from April 5, 2025, following which he was designated as the group chief financial officer. He is a qualified chartered accountant and a fellow member of the Institute of Chartered Accountants of India. He holds a bachelor’s degree in commerce and a bachelor’s degree in law from Gujarat University and a post-graduate diploma in business administration with a specialisation in finance from the Symbiosis Centre for Distance Learning, Pune. He has over 21 years of experience and has been involved in corporate strategy and investor relations, initial public offerings, fundraising, mergers and acquisitions, and finance and accounts. He was also recently honoured with the “Best CFO in the waste recycling industry” award at the 25th CFO vision and innovation summit 2025, presented by NSE Cogencis and curated by Transformance. Prior to joining our Company, he was associated with Torrent Pharmaceuticals Limited, Shalby Limited, Jekson Vision Private Limited, Systronics (India) Limited, Uma Converter Private Limited and Paramount Plastics Industries.

Our Promoters

Sajjan Kumar Kejriwal

Sajjan Kumar Kejriwal, aged 75 years, is one of the Promoters of the Company. He holds a bachelor’s degree in law from Utkal University and has been enrolled with the Orissa State Bar Council since 2003. He has over 38 years of experience in the textile and plastic sector and is currently associated with Kalinga Industries. He is also a director of Vishal Construction Private Limited. As of the date of this Draft Red Herring Prospectus, he does not hold any position in the Company. Other than the entities forming part of his Promoter Group, he is not involved in any other venture.

Sajjan Kumar Kejriwal

Promoter

Jitendrakumar Arya

Promoter

Jitendrakumar Arya

Jitendrakumar Arya, aged 69 years, is one of the Promoters of the Company and is also the Chairman and Non-Executive Director of the Company. For a complete profile of Jitendrakumar Fulchand Arya, including his date of birth, residential address, educational qualifications, professional experience, positions or posts held in the past, other directorships, other ventures, special achievements and business and other financial activities, please refer to “Our Management – Board of Directors” and “Our Management – Brief biographies of our Directors” on pages 268 and 270, respectively.

Ayodhyaprasad Singhal

Ayodhyaprasad Singhal, aged 46 years, is one of the Promoters of the Company and is also the Managing Director of the Company. For a complete profile of Ayodhyaprasad Jugalkishore Singhal, including his date of birth, residential address, educational qualifications, professional experience, positions or posts held in the past, other directorships, other ventures, special achievements and business and other financial activities, please refer to “Our Management – Board of Directors” and “Our Management – Brief biographies of our Directors” on pages 268 and 270, respectively.

Ayodhyaprasad Singhal

Promoter

Himanshu Jariwala

Promoter

Himanshu Jariwala

Himanshu Jariwala, aged 64 years, is one of the Promoters of the Company. He holds a bachelor’s degree in commerce from South Gujarat University. He has over 31 years of business and leadership experience. He was previously associated with Shree Yoganand Textiles Private Limited, J.Korin Spinning Private Limited and J.Korin Cocoon Manufacturing Private Limited. He is currently a director of J.Korin Spinning Private Limited, J.Korin Cocoon Manufacturing Private Limited and All India Mother Yarn Manufacturers Association. As of the date of this Draft Red Herring Prospectus, he does not hold any position in the Company. Other than the entities forming part of his Promoter Group, he is not involved in any other venture.

Gupta Family Private Trust “Gupta Family Trust”

Trust information and history of Gupta Family Trust

Gupta Family Trust was formed as a private family trust pursuant to a registered deed titled “GUPTA FAMILY PRIVATE TRUST” dated May 1, 2026 (“Trust Deed”), in accordance with the provisions of the Indian Trust Act, 1882.

We envision a world where waste is a valuable resource and recycling drives a sustainable future. We strive to be leader in premium recycled products, setting standards for quality, innovation, and environmental responsibility. Our vision is a closed-loop system where waste integrates into manufacturing, reducing reliance on virgin materials and minimizing our ecological footprint.

The Value We Create

Excellence

We will adhere to perfection and achieve excellence by setting high standards and continuously improving through learning and development, striving to exceed them. We will pursue the highest quality in products and performance.

Sustainability

We will adopt environmentally and socially responsible practices across all operations. By reducing waste, conserving resources, and prioritising green innovation, we aim to minimise our impact and contribute to a healthier planet. Sustainability will guide every decision we make.

Innovation

We will challenge ourselves to envision what is possible for product, quality, and process improvement, fostering a culture of creativity and continuous innovation to better meet the needs of our team, customers, and company.

Integrity

We will uphold transparency, honesty, and fairness in every action and decision. By maintaining strong ethical standards, we build trust with stakeholders and create a culture of accountability. Integrity will be the foundation of our long-term success.

Team Work

We will foster a culture of collaboration, where open communication and mutual respect drive results. By working together across teams and roles, we will build synergy, encourage diverse perspectives, and achieve collective goals through shared effort.