Getting java.nio.file.FileSystemException: "Too many open files" when I build my Java project on IntelliJ Idea

I already tried following:

$ sudo sysctl -w kern.maxfiles=200000
$ sudo sysctl -w kern.maxfilesperproc=200000
$ ulimit -n 20480
$ sudo sysctl -w kern.ipc.somaxconn=2048

I also tried adding limit.maxfiles.plist to ~/Library/LaunchDaemons

<?xml version="1.0" encoding="UTF-8"?>
<!DOCTYPE plist PUBLIC "-//Apple//DTD PLIST 1.0//EN"
     "http://www.apple.com/DTDs/PropertyList-1.0.dtd">
    <plist version="1.0">
    <dict>
        <key>Label</key>
        <string>limit.maxfiles</string>
        <key>ProgramArguments</key>
        <array>
            <string>launchctl</string>
            <string>limit</string>
            <string>maxfiles</string>
            <string>262144</string>
            <string>262144</string>
         </array>
         <key>RunAtLoad</key>
          <true/>
          <key>ServiceIPC</key>
          <false/>
     </dict>
     </plist>

Also, Added limits.conf to ~/etc/Library

* hard nofile 65535
* soft nofile 65535

None of this helped. Any help is greatly appreciated.

Stacktrace:

INFO - rains.jps.cmdline.BuildSession - java.nio.file.FileSystemException: /Users/user/Library/Caches/JetBrains/IntelliJIdea2021.1/compile-server/adb9b964/timestamps/data.values.at: Too many open files
java.lang.RuntimeException: java.nio.file.FileSystemException: /Users/user/Library/Caches/JetBrains/IntelliJIdea2021.1/compile-server/adb9b964/timestamps/data.values.at: Too many open files