With the markets continuing to sustain the current levels, the big-ticket IPOs continue to pour in the primary markets to fund their expansion plans. In fact, it’s just not the size of the issue but also the different business models they bring to the table for the investors. Here is one such unique business proposition from the Jaypee Group in the form of Jaypee Infratech, which brings infrastructure development-cum-real estate story to the table for the investors. The issue is a combination of fresh issue amounting to Rs 1650 crore to be used to part-finance the Yamuna Expressway Project and an offer for sale of 6 crore equity shares. Considering the price band of Rs 102-117, Jaiprakash Associates (promoters) would take home Rs 612-702 crore.
To get the detail analysis on Jaypee Infratech you can visit the below link:
http://www.dsij.in/HiddenPages/IPODetails/tabid/763/ArticleID/65/Default.aspx
Source: Dalal Street Investment Journal
http://www.dsij.in