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Tuesday, April 27, 2010

Upcoming IPO - Jaypee Infratech Limited (JIL)


Incorporated in 2007, Jaypee Infratech Limited (JIL) is an Indian infrastructure development company engaged in the development of the Yamuna Expressway and related real estate projects.
Jaypee Infratech Limited (JIL) is a part of the Jaypee Group and incorporated as a special purpose company to develop, operate and maintain the Yamuna Expressway in the state of Uttar Pradesh, connecting Noida and Agra. The Yamuna Expressway is a 165-kilometre access-controlled six-lane concrete pavement expressway along the Yamuna river, with the potential to be widened to an eight-lane expressway. The expressway is planned to begin at the existing Noida-Greater Noida Expressway, pass through various proposed SDZs and the proposed Taj International Hub Airport and end at District Agra.
The company also has the right to develop 25 million square metres (approximately 6,175 acres) of land along the Yamuna Expressway at five locations for residential, commercial, amusement, industrial and institutional purposes.
The Company commenced development of Noida land parcel and are presently developing an aggregate 13.09 million square feet of saleable area across three residential projects, which were approximately 88% sold on a square foot basis as of October 31, 2009. These three projects were launched between November
2008 and July 2009 and are expected to be completed by 2012. Through October 31, 2009, their average selling price for property under development was approximately Rs. 3,057 per square foot (including Extra Charges).
Company Promoters:
Company’s promoter, since its inception, is Jaiprakash Associates Limited (JAL). JAL is engaged primarily in the business of (a) engineering and construction, (b) manufacture and marketing of cement, (c) real estate development, and (d) hospitality.
Company Financials:
ParticularsFor the year/period ended (Rs. in million)
30-Sep-0931-Mar-0931-Mar-08
Total Income276.455,562.577.66
Profit After Tax (PAT)103.202,667.31(113.69)
Objects of the Issue:
The object of the issue are:
1. To partially finance the Yamuna Expressway Project; and
2. General corporate purposes.
Issue Detail:
  »»  Issue Open: Apr 29, 2010 - May 04, 2010
  »»  Issue Type: 100% Book Built Issue IPO
  »»  Issue Size: Equity Shares of Rs. 10
  »»  Issue Size: Rs. [.] Crore
  »»  Face Value: Rs. 10 Per Equity Share
  »»  Issue Price: Rs. 102 - Rs. 117 Per Equity Share
  »»  Market Lot:
  »»  Minimum Order Quantity:
  »»  Listing At: BSE, NSE

Jaypee Infratech Limited (JIL) IPO Alerts

1. Friday, April 23, 2010 10:53:47 PM

IPO Rating


135
3.9
Rating:Rated 3.9 stars

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IPO Listing Detail

Listing Date:
BSE Scrip Code:
NSE Symbol:
Listing In:
Sector:
ISIN:
Issue Price:
Face Value:Rs. 10.00 Per Equity Share

Listing Day Trading Information

Jaypee Infratech Limited (JIL) IPO Links

Company Contact Information

Registered Office :
    Sector 128,
    District Gautam Budh Nagar,
    Noida 201 304, Uttar Pradesh, India
Phone: + 91 120 4609 000
Fax: +91 120 4609 783
Emailipo.jil@jalindia.co.in
Websitehttp://www.jaypeeinfratech.com

Registrar of the Issue

Karvy Computershare Private Limited
   Karvy House, 46, Avenue 4, Street No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Fax: +91-40-23311968
Email: einward.ris@karvy.com
Websitehttp://karisma.karvy.com

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