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Jaypee Greens Wishtown, Noida

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Jaypee Greens Wishtown, Noida

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  • Re : Jaypee Greens Wishtown, Noida

    Originally posted by Bharatiya
    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.
    Lenders will not allow substantial penalties to be paid before they get their money back. They will force the companies into bankruptcy protection.

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    • Re : Jaypee Greens Wishtown, Noida

      Even though I have No money invested in Jaypee direct, I hope and pray that jaypee wishtown work starts and the area becomes very well developed in next 3-4 years
      I have shop in paras one33, which will benefit directly from high percentage of occupancy and development in jaypee wishtown

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      • anandmukesh
        anandmukesh commented
        Editing a comment
        You have opened another thread promoting paras ...

    • Re : Jaypee Greens Wishtown, Noida

      Originally posted by Grenoite
      Even though I have No money invested in Jaypee direct, I hope and pray that jaypee wishtown work starts and the area becomes very well developed in next 3-4 years
      I have shop in paras one33, which will benefit directly from high percentage of occupancy and development in jaypee wishtown
      Given JP's financial situation, Wishtown might not be completed in decades, forget about years.

      Comment


      • gurughantal
        gurughantal commented
        Editing a comment
        WISH TOWN is GHOST TOWN

      • Grenoite
        Grenoite commented
        Editing a comment
        Chalo sir....jaypee hospital expansion complete ho jaye to bhi mazaa jayega

        Its biggest hospital in noida after all

        Ab yeh mat kehna sirji ki hospital bhi pit gaya because its doing very well and no land allotted for a big hospital in expresssway

    • Re : Jaypee Greens Wishtown, Noida

      Originally posted by TalkStraight View Post
      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. ????


      Jaiprakash Associates on Saturday also announced that due to the restructuring of equity , the JP Power Venture ceases to be its subsidiary, which would reduce its consolidated debt burden by nearly Rs 25,000 crore. JP Associates has a total debt of Rs 67,528 crore as on March 31, 2016.

      Now how will numbers look in next FY results.
      It seems approx 45k CR will be knocked off from JPA balance sheet .. leaving only 22k ...
      Last edited by TalkStraight; February 21 2017, 03:33 PM.

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      • Re : Jaypee Greens Wishtown, Noida

        Originally posted by TalkStraight

        Jaiprakash Associates on Saturday also announced that due to the restructuring of equity , the JP Power Venture ceases to be its subsidiary, which would reduce its consolidated debt burden by nearly Rs 25,000 crore. JP Associates has a total debt of Rs 67,528 crore as on March 31, 2016.

        Now how will numbers look in next FY results.
        It seems approx 45k CR will be knocked off from JPA balance sheet .. leaving only 22k ...
        Get your facts right. JP power had debt of less than 12k crore even before asset sales and conversion of debt to equity . And just because a company is no longer officially a subsidiary doesn't mean any of the loan guarantees given by JP associates or promoters are no longer valid. What matters is not the absolute size of the debt but debt relative to assets and revenue. For example, the size of Unitech's and Kingfisher's debt is much less than that of JP. That doesn't mean they are in any better shape.

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        • Re : Jaypee Greens Wishtown, Noida


          Originally posted by Truenity View Post
          Get your facts right. JP power had debt of less than 12k crore even before asset sales and conversion of debt to equity . And just because a company is no longer officially a subsidiary doesn't mean any of the loan guarantees given by JP associates or promoters are no longer valid. What matters is not the absolute size of the debt but debt relative to assets and revenue. For example, the size of Unitech's and Kingfisher's debt is much less than that of JP. That doesn't mean they are in any better shape.
          Consolidated finance cost for JP-Power for previous financial year was 2498.87 CR meaning approx 25k CR consolidated debt on JP-Power only which has been removed from JPA balance sheet after this SDR.

          Click image for larger version

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          Last edited by TalkStraight; February 21 2017, 04:26 PM.

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          • Re : Jaypee Greens Wishtown, Noida

            Originally posted by TalkStraight


            Consolidated finance cost for JP-Power for previous financial year was 2498.87 CR meaning approx 25k CR consolidated debt on JP-Power only which has been removed from JPA balance sheet after this SDR.

            [ATTACH=CONFIG]n2481394[/ATTACH]
            Shame on you for trying to mislead people. There is also the company balance sheet that lists the actual debt. Why don't you post that instead of the income statement, where financing costs were higher because the company had higher debt in the prior year which has come down after asset sales.

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            • Re : Jaypee Greens Wishtown, Noida

              What is status of WT case in Supreme Court?

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              • Re : Jaypee Greens Wishtown, Noida

                Originally posted by Truenity View Post
                Shame on you for trying to mislead people. There is also the company balance sheet that lists the actual debt. Why don't you post that instead of the income statement, where financing costs were higher because the company had higher debt in the prior year which has come down after asset sales.
                Shame on you that you keep coming back again and again... how many times should u be thrown out from the forum....
                Only if you are cordial then expect others to debate cordially. Post if you have refrences... dont post in air !!
                Last edited by MANOJa; February 21 2017, 09:20 PM.

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                • Re : Jaypee Greens Wishtown, Noida

                  Who are you truenity and what is your interest in wish town, really curious - why don't you come out clean with your interest here.

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