IPO Issue Details
Issue Price / Price Band₹117 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size50 Shares per Lot
Total Issue Size22,29,33,497 shares (aggregating up to ₹2,257.61 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenThu, 29 Apr 2010
Subscription CloseTue, 04 May 2010
Anchor AllotmentWed, 28 Apr 2010
Basis of AllotmentMon, 10 May 2010
Initiation of RefundsTue, 11 May 2010
Credit of Shares to DematTue, 11 May 2010
Listing DateFri, 21 May 2010
UPI Mandate Deadline2010-05-04
Application & Investment Details
Retail — Min (1 Lots)₹5,100 — 50 shares
Retail — Max (13 Lots)₹76,050 (13 Lots)
HNI — Min (40 Lots)₹2,04,000 — 2,000 shares
Pre-IPO Promoter Holding1,22,60,00,000 shares
Post-IPO Promoter Holding1,39,07,99,496 shares
Fresh Issue Shares16,29,33,497 shares (aggregating up to ₹1,650.00 Cr)
Offer for Sale Shares6,00,00,000 shares of ₹10 (aggregating up to ₹607.61 Cr)
About Jaypee Infratech Ltd.
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 November2008 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).
Objects of the Issue
Jaypee Infratech Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 to partially finance the Yamuna Expressway Project
9,739.29
2
2 general corporate purposes
70.70
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,22,60,00,000 shares
Post-IPO Promoter Holding
1,39,07,99,496 shares