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Jaypee Infratech Limited (JIL) IPO

  
Apr 29, 2010 - May 04, 2010      

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: 161,764,706 Equity Shares of Rs. 10
  »»  Issue Size: Rs. 1,650.00 Crore
  »»  Face Value: Rs. 10 Per Equity Share
  »»  Issue Price: Rs. 102 - Rs. 117 Per Equity Share
  »»  Market Lot: 50 Shares
  »»  Minimum Order Quantity: 50 Shares
  »»  Listing At: BSE, NSE

Jaypee Infratech Ltd IPO Grading / Rating

ICRA and CARE has assigned an IPO Grade 3 to Jaypee Infratech Ltd IPO. This means as per ICRA and CARE company has 'Average Fundamentals'. ICRA and CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the ICRA and CARE IPO Grading Document for Jaypee Infratech Ltd.

Check IPO Ratings from other stock analysts.

Bidding Status (IPO subscription detail):

Number of Times Issue is Subscribed (BSE + NSE)
As on Date & TimeQualified Institutional Buyers (QIBs)Non Institutional InvestorsRetail Individual Investors (RIIs)OthersTotal
Shares Offered / Reserved 119,752,941  19,958,824  59,876,470  22,176,470  221,764,705 
 Day 1 - Apr 29, 2010 17:00 IST 1.5264  0.1027  0.0156  0.0027  0.8400 
 Day 2 - Apr 30, 2010 17:00 IST 1.5342  0.3103  0.0480  0.0326  0.8700 
 Day 3 - May 03, 2010 17:00 IST 1.6273  0.3490  0.1208  0.0444  0.9500 
 Day 4 - May 04, 2010 18:15 IST 1.7710  1.1544  0.6113  0.1006  1.2400 

Jaypee Infratech Limited (JIL) IPO Alerts

1. Tuesday, May 18, 2010 10:40:21 AM

2. Monday, May 17, 2010 1:57:47 AM

3. Tuesday, May 04, 2010 10:40:12 AM

4. Monday, May 03, 2010 10:39:01 AM

5. Thursday, April 29, 2010 11:23:44 AM

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

IPO Rating


326
3.8
Rating:Rated 3.8 stars

Vote Here ...

IPO Listing Detail

Listing Date:Friday, May 21, 2010
BSE Scrip Code:533207
NSE Symbol:JPINFRATEC
Listing In:'B' Group of Securities
Sector:Infrastructure
ISIN:INE099J01015
Issue Price:Rs. 102.00 Per Equity Share
Face Value:Rs. 10.00 Per Equity Share

Listing Day Trading Information

BSE
Issue Price:Rs. 102.00
Open:Rs. 93.00
Low:Rs. 90.00
High:Rs. 98.50
Last Trade:Rs. 91.30
Volume:16,051,602
NSE
Rs. 102.00
Rs. 98.00
Rs. 90.00
Rs. 98.80
Rs. 91.45
36,263,455

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
Email: ipo.jil@jalindia.co.in
Website: http://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
Website: http://karisma.karvy.com

Jaypee Infratech Limited (JIL) IPO Message Board

Please Note: All views and opinions expressed in reader comments are solely those of the individual submitting the comment, and not those of the Chittorgarh.com or its staff.
523. Ravi, Bangalore     May 31, 2010 8:35:20 PM IST  Report Spam!  
Why Traders Loose Money in Stocks Markets?

I have seen so many complaints about many advisory services. Everyone is complaining about losses.
Here are the small basic info if you wish to trade / invest in financial markets.

1) Don't forget that market belongs to no one.

2) You are competing with the best resources of world in terms of mind power and money power.

3) Break of support and Break of Resistance mostly does not mean a Breakdown or a Breakout.

4) Stoplosses may be too near the support/resistance or may be the support/resistance itself. Hence, stop-loss will trigger.

5) In sideways markets securities tend to test the support and resistance before deciding to change direction.

6) Trading in futures employs huge capital - someone who does not have a capacity to pay 40% as m2m should not even think of entering the futures markets.

7) Greed - Fear cannot be overcome completely they are base of human emotions however with disciplined positions the trader will feel comfortable with the trade maximum losses happen because of over leverage.

8) The analyst is a human being - he too will make mistakes - bear with him - don't press him for a stock of your choice, he may not have tracked that.

9) Stay clam - have patience - have some tool available to yourself as well so you can see where the stock is question is going.

10) Stop hopping from one analyst to another analyst - everyone has 50% hit rate.

Now a small advice -

Develop automated trading style (good tools / software). Don't use your brain but you need good nervous system.

522. Ravi, Bangalore     May 31, 2010 3:54:55 PM IST  Report Spam!  
520. K.K.Natarajan

FUNDAMENTAL OUTLOOK

Fair value seen at Rs.102.

TECHNICAL OUTLOOK

As long as it trades below 89.25, it is weak.

It may fall to 80.5, 76.4 & then to 69.3.

521. sreedhar     May 31, 2010 10:51:11 AM IST  Report Spam!  
Dear Natarajan,
JP Infra is looking weak.Its is underperforming the markets.It is a confirmed real estate play now.So treat it as a real estate company.I think if you treat it as a real estate play.Fair value comes at 70.Anyhow JP associates is better since it has got cash in hand after the sale of JP Infra & it has divested real estate business.Now it is a pure cement & Infra play.With decent cash in hand JP associate is less risky & a better play than JP Infra.

520. K.K.Natarajan     May 31, 2010 8:02:59 AM IST  Report Spam!  
Ravi, Bangalore/Sreedhar,
Jaypee infra has come out with good results. Will it be a better short term investment at the CMP?

519. ILesh     May 28, 2010 1:02:16 PM IST  Report Spam!  
Should we invest in JPInfratech at this juncture? (CMP 82.50 Rs.)? Whats it future? When it will be moving?

518. libra     May 27, 2010 7:28:00 PM IST  Report Spam!  
Lucky not to invest in JP as well as SJVN...

517. anand     May 27, 2010 12:36:12 PM IST  Report Spam!  
hi, riya, is it true that jaypee group conduction urgent meeting in respect of bonus share to retail investor..pls rply me

516. RIA SHROFF     May 25, 2010 10:32:58 PM IST  Report Spam!  
rakesh,
icici was at 250 9 months back due to rumours .tata motors at 190 due to rumours. satyam was at rs 19 due to rumours that
company will finish.it is how u take rumours it every thing is black & white in share markets many fools will rush in

515. sreedhar     May 25, 2010 9:49:42 PM IST  Report Spam!  
Plenty of things happened during my vacation.JP Infra got a good pasting today.Lets see at which rate it will stop.

514. Thank GOD     May 25, 2010 7:13:36 PM IST  Report Spam!  
I applied for JP Infra IPO from my 2 different Dmat accounts and both are rejected. All the money credited to my accounts.
Then I searched on NET and came to know that there is a rule for IPO allotment that if two applications come for an IPO which have same PAN No. then what so ever is the subscription, all the applications are rejected.

This is called Ignorance is Blessed.
Thank GOD , U saved me.

513. rakesh     May 25, 2010 7:07:47 PM IST  Report Spam!  
512 , ria shroff it is only a rumour.

512. RIA SHROFF     May 25, 2010 1:52:58 PM IST  Report Spam!  
URGENT
jaypee group has conducted urgent meeting to give bonus shares to jaypee intratech holder just like r powerso please buy jaypee .but will it increse trustworthiness of company
i wonder??

511. tamilnadu     May 24, 2010 2:27:26 PM IST  Report Spam!  
Any body buy thangamayil, if not buy for target Rs.118.

510. vasu     May 23, 2010 6:37:35 AM IST  Report Spam!  
thank god I didn't apply for this ipo

509. ipo     May 22, 2010 4:46:29 PM IST  Report Spam!  
GOOD BYE TO IPO / FPO / IDR


SECONDARY MARKET IS THE BEST MAKE SOME STUDY YOU WILL NEVER LOOSE






508. viv     May 22, 2010 4:22:10 PM IST  Report Spam!  
Even as the first-ever Indian Depository Receipt (IDR) issue of Standard Chartered Plc is set to open in the Indian capital markets on 25 May 2010, questions about its non-disclosure of numerous litigations still remain open. The bank’s name was involved in the 1992 Harshad Mehta securities scam, which rocked the Indian capital market. However, the Securities and Exchange Board of India (SEBI) has turned a blind eye over all its pending litigations and has quietly passed the red herring prospectus (RHP), while Lakshmi Vilas Bank Ltd and United Bank of India have had to disclose all their pending litigations.

Standard Chartered has been taking the stand that the litigation is not ‘material’. The question then remains, why did SEBI seek a disclosure from these two Indian banks?

Lakshmi Vilas Bank Ltd, in which the Harshad Mehta Group held 2,700 shares in connection with the 1992 securities scam, disclosed the case in its draft red herring prospectus which reads: “The Bank has 14 cases as on date involving title suits relating to shares between various parties wherein the Bank is a proforma party and awaiting decision of the said courts. Noteworthy to mention is a case filed in the Sub Court under Special Court (TORTS) Act, 1992 by the Custodian in 1996 for shares held by (the) Harshad Mehta Group totalling 2,700 shares held by various parties and the matter is still pending.”

Similarly, United Bank of India, which hit the market earlier this year, disclosed all its cases against its chairman and directors, civil proceedings, labour and employment cases and other cases related to the bank. There was no mention of the bank’s involvement in the scam. The RHP had one case filed by SEBI against the bank, 18 civil cases, approximately 162 cases pertaining to labour and employment issues (as on 1 March 2010) and three other cases.

“As of the date of this Draft Red Herring Prospectus, neither the Company, any member of the Group, any Director, or any material associate of the Company (emphasis ours) are involved in any material governmental, legal or arbitration proceedings or litigation and the Company is not aware of any pending or threatened material governmental, legal or arbitration proceedings or litigation relating to the Company, any member of the Group, any Director or any material associate which, in either case, may have a significant effect on the performance of the Group, and there are no liabilities or defaults (including arrears and potential liabilities) in relation to such material proceedings or litigation which would be required to be disclosed under the SEBI Regulations,” states page 419 of Standard Chartered’s red herring prospectus.

However there are at least half-a-dozen cases filed against the bank by the Enforcement Directorate in 2002.

Earlier, Arijit De, head of external communications of Standard Chartered India replied to an email query by Moneylife: “The IDRs represent the shares of Standard Chartered (SC) plc, UK, the ultimate parent company of Standard Chartered Bank, India. In accordance with the disclosure requirements under SEBI Regulations, IDR Rules, other applicable laws and international practice, SC plc has made appropriate disclosures of all material issues in the draft offer document filed with SEBI. We have nothing further to add beyond what is disclosed in the DRHP.”

507. tamil nadu     May 22, 2010 3:48:54 PM IST  Report Spam!  
once again buy thangamayil, now this is good in chart. buy buy buy. otherwise you miss the bus,

506. Investors     May 22, 2010 2:53:19 PM IST  Report Spam!  
IPO = IDIOT PUBLIC OFFER
FPO = FOOL PUBLIC OFFER


NHPC: Akhir Naiya Doob Hi gayi. Nikhar aaya NHPC ka asli rang. Ab yeh SJVN ke bhi neeche jayega....Only i have sold all NHPC @ 38/- Now, no will be able to sell at 38/- till this Govt. is there. It will take at least 200 days to cover today's 100 paise loss. Target average 0.25 paise per days down.

NTPC: More finacial power means more corruption and more benefits to netas and others leading to loss to investors. This is just a begining. One will see more maharatnas in coming future in indian corporates..... Only, i have sold all NTPC @ 221/-. Now, no one will be able to sell @ 221/- till this Govt. is there. It will take at least 10 months to cover ONLY today's 10 Rs. loss. Target average 100 paise per day down. MAHARATNA means MAHALOOT

NMDC: Only, i have sold all NMDC @ 401/-. Now, no one will be able to sell even at 350/-. It will take at least 30 months to cover three days loss (300-270). Target average 1 Rs. per day down.

SJVNL: Only i have able to sell @ 26/-. Now, no one can sell at 26/-. Target 0.25 paise per day down.

All the above stock KPWS (Khoon pine wale stocks.

Kitna maja aa raha hai Investors ko like Tarapur, Shree Ganesh Ji, JP Infra, DB Realty, Indiabulls Power, Reliance Power. What a GOOD LOOT

LOOTI HAI GOVT LOOTANE WALA CHAIYE......

Aab aap log tayar ho jaye lootane ke liye, qyoki aa raha hai CIL, EIL, Hind Copper, Nalco, SAIL......

Bhagwan kare yeh Govt. and Companies isi tarah LOOTI rahe aur Retail Investors and AAM Aadmi ka SARAVANASH ho jaye taki roj roj lootane ka mauka nahi aaye.

Jay Shree Ram.

505. Nag     May 22, 2010 8:03:26 AM IST  Report Spam!  
Ipo is the milibhagat of bankers,proprieters,credit agency and qib.

504. biren     May 21, 2010 11:29:20 PM IST  Report Spam!  
Enjoy!
it is part of the market. up dowm and all those things.
Basic funda always works. like warren Buffet.
Always geet good opportunity in panic.
Be patience. And sit tight. World will not going to finish.
Nor Europe will going to finish.
The time will come fundamental share always vlued in market.
Regards.


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