Jaypee Infratech IPO Rating - Indian IPO Blog

Saturday, April 24, 2010

Jaypee Infratech IPO Rating

CARE has assigned a 'IPO Grade 3/5' to the proposed IPO of Jaypee Infratech Ltd. (JIL). CARE's IPO grading is an opinion on the relative assessment of the fundamentals of the issuer. CARE assigns IPO grades on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals. An IPO Grade 3 from CARE indicates that the Company has Average Fundamentals

Jaypee Infratech Ltd., is a fully-owned subsidiary of Jaiprakash Associates. The company has undertaken the development of the 165 kilometre-long Yamuna Expressway, connecting Greater Noida and Agra and development of five integrated townships

The Book Running Lead Managers to the Issue are Morgan Stanley India Company Pvt. Ltd., DSP Merrill Lynch Ltd., Axis Bank Limited, Enam Securities Pvt. Ltd., ICICI Securities Ltd., IDFC – SSKI Ltd., JM Financial Consultants Pvt. Ltd., Kotak Mahindra Capital Company Ltd. and SBI Capital Markets Ltd., whereas Karvy Computershare Pvt. Ltd. is the Registrar to the Issue

2 comments:

  1. The JP Infratech will open not less than Rs 400 per share

    Munish

    ReplyDelete
  2. WHAT IS YOUR RATING OF JAYPEE INFRA.

    ReplyDelete

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