Announcement

Collapse
No announcement yet.

Jaypee Greens Wishtown, Noida

Collapse
X
Collapse

Jaypee Greens Wishtown, Noida

Last updated: 2 days ago
8757 | Posts
  • Time
  • Show
Clear All
new posts

  • Re : Jaypee Greens Wishtown, Noida

    Kya saare paise doob chucke hai kya kuch nahi bacha ab kya hoga

    Comment


    • Re : Jaypee Greens Wishtown, Noida

      It would be lucky if WT can attain 25% occupancy by 2025. 6 sectors worth of prime expressway land has gone to waste.

      Comment


      • Re : Jaypee Greens Wishtown, Noida

        Jaiprakash Associates Ltd has informed BSE that the Stakeholders Relationship Committee of Jaiprakash Power Ventures Limited (JPVL), a subsidiary of the Company, in its meeting held February 18, 2017, has allotted 305,80,00,000 Equity Shares of Rs. 10/- each at a price of Rs. 10/- per share to its various lenders, upon approval of allocation of conversion of part of their outstanding debt amount into Equity Shares, pursuant to implementation of SDR.


        Approx - 3000 CR debt will be converted to equity in JP-Power
        Means approx 300 CR finance cost will be reduced in the yearly results.
        Last edited by TalkStraight; February 20 2017, 01:27 PM.

        Comment


        • Re : Jaypee Greens Wishtown, Noida

          JP had Total consolidated estimated debt of 70,000 CR as on 31-Mar-2016.
          Annual finance cost approx 7,500 CR as per declared results ( assuming * 12%)

          Can some one list down all Jaypee asset sales expected to conclude in current FY.

          1. Cement plants sale 16,000 CR
          2. Debt to equity conversion JP-Power 3,000 CR
          3. 500 MW (megawatt) thermal power plant to JSW Energy for Rs 2,700 crore
          4. Bhilai cement plant for Rs 1,450 crore to CK Birla group company, Orient Cement Ltd
          5. Nigrie cement grinding unit Rs 500 crore to CK Birla group company, Orient Cement Ltd
          6. approx 2500 CR from land and asset sale within jaypee infratech ( Nirman sadan and land in wishtown and Y.expressway)
          7. ????
          8. ????
          9. ????
          10. ????



          Last edited by TalkStraight; February 20 2017, 01:31 PM.

          Comment


          • Re : Jaypee Greens Wishtown, Noida

            http://timesofindia.indiatimes.com/i...w/57249318.cms
            For project delay, Supreme Court slaps builder Unitech with huge fine

            Comment


            • Re : Jaypee Greens Wishtown, Noida

              Originally posted by TalkStraight
              JP had Total consolidated estimated debt of 70,000 CR as on 31-Mar-2016.
              Annual finance cost approx 7,500 CR as per declared results ( assuming * 12%)

              Can some one list down all Jaypee asset sales expected to conclude in current FY.

              1. Cement plants sale 16,000 CR
              2. Debt to equity conversion JP-Power 3,000 CR
              3. 500 MW (megawatt) thermal power plant to JSW Energy for Rs 2,700 crore
              4. Bhilai cement plant for Rs 1,450 crore to CK Birla group company, Orient Cement Ltd
              5. Nigrie cement grinding unit Rs 500 crore to CK Birla group company, Orient Cement Ltd
              6. approx 2500 CR from land and asset sale within jaypee infratech ( Nirman sadan and land in wishtown and Y.expressway)
              7. ????
              8. ????
              9. ????
              10. ????


              There are reports that JSW deal is going to fall through as Jaypee power has now been handed over to lenders.

              Comment


              • Re : Jaypee Greens Wishtown, Noida

                Originally posted by TalkStraight
                http://timesofindia.indiatimes.com/i...w/57249318.cms
                For project delay, Supreme Court slaps builder Unitech with huge fine
                This will be final nail in the coffin of builders like Unitech and Jaypee as it will force them to declare bankruptcy.

                Comment


                • Re : Jaypee Greens Wishtown, Noida

                  Originally posted by Truenity View Post
                  This will be final nail in the coffin of builders like Unitech and Jaypee as it will force them to declare bankruptcy.
                  Jaypee Infratech and Jaiprakash Power might fall in hands of lenders BUT Jaiprakash associates will survive at least for couple of years with promoters.

                  Comment


                  • Re : Jaypee Greens Wishtown, Noida

                    Its a race against time. Even if couple of hundred victims of JP gets order for refunds & penalties from SC, it will give a major shock to JP. Backlog in WT alone is 28000 apartments.

                    Last year, JP had very hard time just to raise 200 crore to resume work on some pending projects in WT. Imagine if the have to start paying refunds in some projects. Everything will come to stop.

                    Comment


                    • Re : Jaypee Greens Wishtown, Noida

                      Originally posted by TalkStraight

                      Jaypee Infratech and Jaiprakash Power might fall in hands of lenders BUT Jaiprakash associates will survive at least for couple of years with promoters.
                      JP Associates is a big mess with scores of subsidiaries, including the disastrous Formula 1 foray. At one point, it was trading at a negative implied standalone share price. Lenders don't have the appetite to deal with it. They will just strip out the easily monetizable assets - like power plants - and JP Associates will be left as a shell.

                      Comment

                      Tags: None
                      Have any questions or thoughts about this?
                      Working...
                      X