Who is the owner of Jaypee Cement?

Jaiprakash Gaur
Jaypee Group

Type Public
Founder Jaiprakash Gaur
Headquarters Noida, Uttar Pradesh, India
Key people Jaiprakash Gaur (Chairman)
Products Engineering Construction Cement Power Hospitality Real Estate Expressways Information Technology

What went wrong with Jaypee group?

​​​The JIL went into the insolvency process in August 2017 after the NCLT admitted an application by an IDBI Bank-led consortium. In the first round of insolvency proceeding, the Rs 7,350-crore bid of Lakshadweep, part of Suraksha Group, was rejected by lenders.

What happened Jaypee Wishtown?

Noida: Jaypee Wish Town buyers left in lurch as construction gets stalled. This, despite the National Company Law Appellate Tribunal (NCLAT) giving conditional approval to the state-owned NBCC to complete the pending 20,000 Wish Town flats in April.

Why are Jaiprakash Associates falling?

Trouble began for Delhi-based infrastructure major JP Associates (JPA) after the global financial crisis of 2008 kicked off a downturn in the domestic economy. Debt raised by the company to fund growing ambitions piled up to a level that cash flows failed to keep pace with.

Should I buy JP Associates share 2021?

As on 27th Oct 2021 JPASSOCIAT Share Price closed @ 8.70 and we RECOMMEND Buy for LONG-TERM with Stoploss of 6.52 & Sell for SHORT-TERM with Stoploss of 9.07 we also expect STOCK to react on Following IMPORTANT LEVELS.

Who is buying Jaypee Infratech?

Suraksha group
The bidding race for Jaypee Infratech ended in a photo finish on Wednesday, with the Suraksha group’s resolution plan winning 98.66 per cent of the committee of creditors’ (CoC) votes and NBCC India receiving 98.54 per cent of the votes.

What is the capital of Jaypee cement limited?

Jaypee Cement Limited is a Public incorporated on 19 October 2004. It is classified as Non-govt company and is registered at Registrar of Companies, Kanpur. Its authorized share capital is Rs. 10,000,000,000 and its paid up capital is Rs. 3,559,506,940.

Who is the chairman of the Jaypee Group?

Manoj Gaur is the elder son of Jaiprakash Gaur. He is the Chairman of the Jaiprakash Associates Limited. Jaypee is India’s first largest cement producer and the largest private sector hydropower company with 1,700 MW in operation. The Jaypee Group successfully completed projects in 18 states of India and Bhutan.

Which is the largest cement company in India?

On 29 February 2016 it was reported that Jaypee group’s cement assets will be acquired by Ultra tech amounting to ₹16,500 crore (US$2.4 billion) to laid off the debt, making it the largest deal in Indian cement sector. Due to debt, Jaiprakash Associates has not paid back its fixed deposit holders on time.