Vishvaraj Environment, a leading player in India’s water and wastewater management sector, has filed draft papers with market regulators for an initial public offering (IPO) worth Rs 2,250 crore. The move aims to raise capital for project expansion, debt repayment, and strategic acquisitions, positioning the company for accelerated growth in the infrastructure services segment. Analysts note that the IPO reflects investor appetite for sustainable infrastructure ventures, given the growing emphasis on water management, environmental compliance, and urban development projects.