Wednesday, 28 April 2010

Jaypee Infratech IPO: Review Analysis & Details

Jaypee Infratech is a SPV company specially created for the 6 lane Yamuna Expressway project and is now coming out with the Initial Public Offering or IPO is going to open on 29th April 2010.
In this article, we will look at the Review, Analysis and Details of the Jaypee Infratech IPO and try to do the Review and analysis of Jaypee Infratech IPO. Jaypee Infratech

Jaypee Infratech IPO: Review Analysis & Details

Some basic details first about the Jaypee Infratech IPO, which are available as of now:

- The size of Jaypee Infratech IPO is expected to be around 6 billion Rs.

- As per the website, The company is Jaypee Infratech Limited (JIL) incorporated as a Special Purpose Vehicle for implementation of 165 km long 6-lane Access-Controlled Yamuna Expressway in the state of Uttar Pradesh connecting Noida and Agra. The company shall also undertake the ribbon development on 6175 acres at five locations along the expressway for commercial, industrial, institutional, residential and amusement purposes.

What is the issue size of the Jaypee Infratech IPO?
Around 12 billion Rs is the size of the IPO.

How will the capital raised by Jaypee Infratech IPO be used?
The capital raised will be used by the company for the 6 lane Yamuna Expressway which will run across several states.

What is the price band of Jaypee Infratech IPO?
The price band is at 102 to 117 Rs. per share - final price to be decided by a 100% book building process

How many shares will be sold in the Jaypee Infratech IPO?
The total no. of shares to be sold through this IPO is around 60,000,000 shares.

What is the trading symbol & exchange for the Jaypee Infratech IPO
No info about that

What are the IPO dates for Jaypee Infratech IPO
The IPO for Jaypee Infratech will open on dates 29 April to 4th May 2010

Any ratings given to Jaypee Infratech IPO?
Yes, 3 out 5 ratings are given to the Jaypee Infratech IPO, which indicates average fundamentals.
This article was posted on Finance Trading Times (FTT), if you see this article on any other site (like fav-stock) then it is copied over from FTT
What are the analysts recommendations for Jaypee Infratech IPO?
The market experts believe that Jaypee Infratech IPO is good enough bet to place the money. The infrastructure sector in India is still going strong and projects like Yamunaexpressway are a steady stream of revenue generation. Investors can expect moderate returns in the medium to long term. However, the valuations should be done by the investors properly.
Morgan Stanley, Axis Bank, Bofa Merril Lynch, Enam Securities, ICICI Securities, IDFC Capital, JM Financial, Kotak and SBI Cap are the Book running leead managers for this IPO. Karvy is the registrar to the Jaypee Infratech IPO

What are the business results for Jaypee Infratech?
No info about that

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