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Jaypee Infra to list on May 21′ 2010

This article was posted on May 18, 2010 and is filed under IPO Views

Incorporated in 2007, Jaypee Infratech Limited (JIL) is an Indian infrastructure development company engaged in the development of the Yamuna Expressway and related real estate projects.Jaypee Infratech Limited (JIL) is a part of the Jaypee Group and incorporated as a special purpose company to develop, operate and maintain the Yamuna Expressway in the state of Uttar Pradesh, connecting Noida and Agra.

Listing Date: Friday, May 21, 2010
BSE Scrip Code: 533207
NSE Symbol: JPINFRATEC
Issue Price: 102

An initial public offering (IPO) by private-sector road builder Jaypee Infratech to raise up to $530 million was fully covered by late afternoon on the final day, with institutional investors so far making up for the lack of retail demand.

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