The Jaypee Infratech IPO is a book-built offering for Rs 1,650.00 crore. Jaypee Infratech’s initial public offering (IPO) began on April 29, 2010 and ended on May 4, 2010. On May 21, 2010, the shares were listed on the BSE and NSE. The pricing range for Jaypee Infratech’s first public offering (IPO) is set at 102 to 117 rupees per share. An application requires a minimum lot size of 50 shares. Retail investors must make a minimum investment of $5,850.
Jaypee Infratech Limited (JIL), founded in 2007, is an Indian infrastructure development company involved in the construction of the Yamuna Motorway and related real estate developments. Jaypee Infratech Limited (JIL) is a subsidiary of the Jaypee Group that was formed as a special purpose company to develop, operate, and maintain the Yamuna Motorway, which connects Noida and Agra in the state of Uttar Pradesh. The Yamuna Motorway is a 165-kilometer access-controlled, six-lane concrete pavement motorway that runs parallel to the Yamuna
River and has the potential to be expanded to an eight-lane motorway. The motorway will start from the existing Noida-Greater Noida Motorway, run through numerous proposed SDZs and the projected Taj International Hub Airport, and conclude at District Agra.
In addition, the business has the right to develop 25 million square meters (about 6,175 acres) of property along the Yamuna Motorway in five places for residential, commercial, amusement, industrial, and institutional purposes. The company began construction of a Noida land lot and is currently developing 13.09 million square feet of saleable area over three residential projects, with roughly 88% sold on a square foot basis as of October 31, 2009.
These three projects were initiated between November 2008 and July 2009, and they are scheduled to be finished by 2012. Their average selling price for property under development was around Rs. 3,057 per square foot (including extra Charges) as of October 31, 2009.
Jaypee Infratech IPO Details
| IPO Date | April 29, 2010 to May 4, 2010 |
| Listing Date | May 21, 2010 |
| Face Value | ₹10 per share |
| Price Band | ₹102 to ₹117 per share |
| Lot Size | 50 Shares |
| Total Issue Size | 162,933,497 shares (aggregating up to ₹1,650.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Jaypee Infratech IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹5,850 |
| Retail (Max) | 34 | 1700 | ₹198,900 |
Jaypee Infratech IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 119,752,941 (54.00%) | NA |
| NII (HNI) Shares Offered | 19,958,824 (9.00%) | |
| Retail Shares Offered | 59,876,470 (27.00%) | 1,197,529 |
| Other Shares Offered | 22,176,470 (10.00%) | NA |
| Total Shares Offered | 221,764,705 (100%) |
Objects of the Issue (Jaypee Infratech IPO Objectives)
The object of the issue are:
- 1. To partially finance the Yamuna Expressway Project; and
- 2. General corporate purposes.
Jaypee Infratech Company Financials
| Particulars For the year/period ended (Rs. in million) | 30-Sep-09 | 31-Mar-09 | 31-Mar-08 |
|---|---|---|---|
| Total Income | 276.45 | 5,562.57 | 7.66 |
| Profit After Tax (PAT) | 103.20 | 2,667.31 | (113.69) |
Jaypee Infratech IPO Listing Details
| Listing Date | May 21, 2010 |
| BSE Script Code | 533207 |
| NSE Symbol | JPINFRATEC |
| ISIN | INE099J01015 |
| Final Issue Price | ₹102 per share |
Jaypee Infratech Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹102.00 | ₹102.00 |
| Open | ₹93.00 | ₹98.00 |
| Low | ₹90.00 | ₹90.00 |
| High | ₹98.50 | ₹98.80 |
| Last Trade | ₹91.30 | ₹91.45 |
Jaypee Infratech Ltd Contact Details
Jaypee Infratech Ltd
Sector 128,
District Gautam Budh Nagar,
Noida 201 304, Uttar Pradesh, India
Phone: + 91 120 4609 000
Email: [email protected]
Website: http://www.jaypeeinfratech.com
Jaypee Infratech IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com
Jaypee Infratech IPO FAQs:
Q1. What is Jaypee Infratech IPO?
Ans. Jaypee Infratech IPO is a main-board IPO of 162,933,497 equity shares of the face value of ₹10 aggregating up to ₹1,650.00 Crores. The issue is priced at ₹102 to ₹117 per share. The minimum order quantity is 50 Shares. The IPO opens on April 29, 2010, and closes on May 4, 2010. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Q2. When Jaypee Infratech IPO will open?
Ans. The Jaypee Infratech IPO opens on April 29, 2010 and closes on May 4, 2010.
Q3. What is the lot size of Jaypee Infratech IPO?
Ans. Jaypee Infratech IPO lot size is 50 Shares, and the minimum amount required is ₹5,850.
Q4. When is Jaypee Infratech IPO allotment?
Ans. The finalization of Basis of Allotment for Jaypee Infratech IPO will be done on [.], and the allotted shares will be credited to your demat account by [.].
Q5. When is Jaypee Infratech IPO listing date?
Ans. The Jaypee Infratech IPO listing date is on May 21, 2010.
