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Jaypee Group - Wikipedia

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. Jaypee is the engineering and construction company for India's Yamuna Expressway, which opened 9 August 2012.

Jaypee Cement puts 'for sale' notice on Himachal plant ...

Sep 26, 2013· Earlier in the month Jaypee Cement sold a cement plant in Gujarat to the Aditya Birla group's Ultratech Cement for Rs 3800 Crore. The Jaiprakash Group is also stated to be in advanced negotiations for selling the two hydropower plants to TAQA, the Abu Dhabi government company that has bought assets in many countries. Ravinder Makhaik.

Jaypee sells cement biz to UltraTech for Rs 16,500 cr | M ...

In one of the biggest transactions in the cement industry, the debt-laden Jaypee group signed a binding agreement on Sunday to sell its cement business, with a capacity of 18.4 million tonnes per annum (mtpa), to the Aditya Birla Group’s UltraTech Cement, for an enterprise value of Rs 16,500 crore.

Jaypee Group may sell more assets to cut debt | Business ...

Jan 28, 2016· The Jaypee group - which is set to sell its cement unit for Rs 21,000 crore enterprise valuation - may have to sell others assets to retire its massive Rs 75,000 crore of debt, which is eating into its earnings and delaying recovery of loans, said bankers.

Jaypee plans to raise Rs 2k cr, to sell Bhilai Jaypee Cement

Sep 02, 2017· Giving update on other proposed transactions, the company said it plans to sell entire 74 per cent stake in Bhilai Jaypee Cement Ltd to Orient Cement Ltd at a total enterprise value of Rs 1,450 ...

UltraTech in talks to buy Jaypee's cement assets in Himachal

Feb 21, 2014· Mumbai: UltraTech Cement Ltd, India's largest cement maker, is in talks to buy the Jaypee Group's cement assets in Solan, Himachal Pradesh, for about ₹ 4,000 crore, two people directly ...

Jaiprakash Associates to sell stake in Bhilai Jaypee cement

Sep 01, 2017· Jaiprakash Associates has decided to sell its entire 74 per cent stake in Bhilai Jaypee Cement to Orient Cement for INR14,500m (US$226.6m), while raising another up to INR20,000m by issuing securities. The transaction is expected to be completed by 2017-end, the company said in a notice to shareholders for AGM to be held on 23 September 2017.

Race For Jaypee-promoted Andhra Cements Gathers Pace As ...

Jun 18, 2021· A lenders consortium led by Edelweiss ARC has invited expressions of interest ( EOIs) for the sale of the two cement manufacturing plants of Jaypee Group promoted Andhra Cements by June 21, 2021 ...

Jaypee Group to sell cement arm by March for Rs 19,500 cr ...

Dec 07, 2015· Read more about Jaypee Group to sell cement arm by March for Rs 19,500 cr on Business Standard. Two private equity firms, strategic partner in race to buy cement units

Jaypee Group | Cement

Jaypee Group's cement facilities are located in the Satna Cluster, M.P. as well as U.P. The cement division of the Group has a rich history of over three decades in producing high quality cement through its state-of-the-art cement plants. The group produces special blend of Portland Pozzolana Cement under the brand names Jaypee Cement, Buland ...

Orient Cement to acquire 74% stake in Bhilai Jaypee Cement ...

Orient Cement Limited ('Orient Cement') today agreed to acquire Jaiprakash Associates Limited's ("JAL") 74% stake in Bhilai Jaypee Cement Limited ("BJCL") for an Enterprise Value of INR 1,450 crores. The Enterprise Value is on a cash-free, debt-free basis and is subject to adjustments on account of working capital, if any.

UltraTech buys Jaypee Cement's Gujarat unit for Rs 3,800 ...

Sep 11, 2013· Jaypee Cement shelves plans to sell Gujarat unit. UltraTech Cement, an Aditya Birla Group Company, has acquired the 4.8-million tonne per annum (mtpa) Gujarat unit of Jaypee Cement Corporation ...

Jaypee sells cement biz to UltraTech for Rs 16,500 cr ...

Feb 28, 2016· In one of the biggest transactions in the cement industry, the debt-laden Jaypee group signed a binding agreement on Sunday to sell its cement business, with a capacity of 18.4 million tonnes per annum (mtpa), to the Aditya Birla Group's UltraTech Cement, for an enterprise value of Rs 16,500 crore. Under the deal, UltraTech will pay an additional Rs 470 crore for …

Jaypee Group hikes value of assets sale to Ultratech at Rs ...

Jul 04, 2016· Faced with lenders invoking the strategic debt restructuring (SDR) option, debt-ridden Jaypee Group today hiked the sale value of 21.2 million tonne per annum (MTPA) cement assets to Aditya Birla ...

Jaiprakash Associates to sell Bhilai Jaypee Cement for Rs ...

Sep 02, 2017· Jaiprakash Associates has decided to sell its entire 74% stake in Bhilai Jaypee Cement to Orient Cement for Rs 1,450 crore, while raising another up to Rs 2,000 crore by issuing securities, in order to reduce its debt and fulfill the working capital requirements. The stake sale is expected to be

Jaypee Group sells part of cement biz to UltraTech for Rs ...

Mar 31, 2016· Jaypee Group sells part of cement biz to UltraTech for Rs 15,900 cr Size of the deal announced last month has been reduced from Rs 16,500 crore as Jaiprakash Associates decided not to sell its cement plant in Karnataka

Buy PPC Cement Online -Cement -BuildersMART

Buy PPC cement From Buildersmart and get best deals, PPC cement is standard concrete used for many purposes and it is an eco-friendly cement, Delivery free. ... Jaypee PPC Cement . M.R.P: Regular Price: 430.0000. Sale Price: Special Price Rs.400.00 per Bag * …

Jaypee Group sells cement plants to Ultratech for Rs ...

Mar 31, 2016· ICICI Bank has actively worked with the management of Jaypee to sell its entire cement business and this business is now being sold to the Aditya Birla group, it added. "This sale will further bring down the level of debt in the Jaypee group significantly. ICICI Bank is also working with Jaypee …

Jaypee to sell most of cement business to UltraTech in Rs ...

Feb 28, 2016· The Jaypee Group is also planning to sell its 1,000MW Karcham Wangtoo and 300MW Baspa II power plants in Himachal Pradesh. The plants are owned by JAL's subsidiary Jaiprakash Power Venture, which ...

Ultratech Cement: Jaypee Cement to sell stakes worth Rs ...

Sep 11, 2013· Jaypee Cement Corporation wanted to sell Gujarat asset for raising some funds and had been mulling various options, including offloading to a private equity firm. The proceeds would be used to ...

Jaypee Group - Cement industry news from Global Cement

Dec 05, 2012· India: Jaypee Cement plans to sell a 51% stake in its 5Mt/yr cement plant in Gujarat to Ultratech. The value of the deal has been placed at around US$633m. A Jaypee official described the deal as 'finalised' to the Press Trust of India. Jaypee and Ultratech have been in negotiations over the deal for a year.

Jaypee sells cement biz to UltraTech for Rs 16,500 cr ...

Feb 28, 2016· In one of the biggest transactions in the cement industry, the debt-laden Jaypee group signed a binding agreement on Sunday to sell its cement business, with a capacity of 18.4 million tonnes per annum (mtpa), to the Aditya Birla Group's UltraTech Cement…

Cementing a Deal: UltraTech Buys JP Cement | M&A Critique

Noida-based Jaiprakash Associates Ltd. has a total cement capacity of 27.79 MTPA as on 31 st March 2015. After several failed attempts by JP to sell its cement business in the last two years, the lenders prevailed upon the company to sell a lion's share of …

Jaypee Group struggles to emerge from the debt pile - The ...

May 16, 2016· Among the three pillars of the Jaypee Group's strength was its cement business, which was established in 1986. In 2013, for the first time, the group had to sell its cement plants.

Jaiprakash Associates, Jaypee Cement biz sale to UltraTech ...

Jun 29, 2017· UltraTech announced its intention to take over the troubled JP Cement for ₹15,900 crore in March 2016, and earlier this year, the valuation was …

Jaypee Cement: Latest News, Photos, Videos on Jaypee ...

Jul 17, 2018· Faced with lenders invoking the strategic debt restructuring (SDR) option, debt-ridden Jaypee Group on Monday hiked the sale value of 21.2 million tonne per annum (MTPA) cement assets to Aditya ...

Jaypee Cement Corporation Ltd: Latest News on Jaypee ...

May 27, 2020· Jaypee plans to raise Rs 2,000 crore, to sell Bhilai Jaypee Cement In a notice to shareholders for AGM, Jaypee Group's flagship company Jaiprakash Associates said it has taken various steps to reduce its debt.

Jaypee sells two cement units to UltraTech for Rs 5,400 cr ...

Dec 23, 2014· Debt-laden infrastructure conglomerate Jaypee Group on Tuesday announced a deal to sell two of its cement factories and associated power plants to Aditya Birla Group company UltraTech for Rs 5,400 ...

Jaypee Group sells cement plants to Ultratech for Rs ...

Mar 31, 2016· ICICI Bank has actively worked with the management of Jaypee to sell its entire cement business and this business is now being sold to the Aditya Birla group, it added.

Jaypee Group - Cement industry news from Global Cement

Mar 08, 2018· In late March 2016 Jaiprakash Associates signed an agreement with UltraTech Cement to sell 21.2Mt/yr of cement assets in five states for US$2.4bn. Following the deal Jaypee Group will be left with 10Mt/yr in Madhya Pradesh, …

Jaypee Cement - Jaypee Cement Dealers & Distributors ...

Get details of jaypee cement dealers, jaypee cement distributors, suppliers, traders, retailers and wholesalers with price list, ratings, reviews and buyers feedback.

All you need to know about Ultratech cement and Jaypee ...

Dec 10, 2020· The deal will help the Jaypee Group to raise its debt of Rs 55,000 crore to about Rs 3650 crore. Rationale for Jaypee Outstanding debts and interest. If Jaypee manages to sell the assets fully and use the proceeds for repayment as per the plan, it will be able to raise its debt from Rs 24,126 crore to around Rs 7,000 crore by 31 March 2015.

bhilai jaypee grinding plant requirements

Jaypee plans to raise Rs 2 000 crore to sell Bhilai · Bhilai Jaypee Cement owns 1.1 MTPA clinker plant at Satna in MP and 2.2 MTPA cement grinding Unit at Bhilai Chhattisgarh. Jaiprakash Associates has also sought shareholders nod for an enabling special resolution to raise up to Rs 2 000 crore through issue of securities via routes like QIP.