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Debt-ridden Jaypee Associates has sold most of its priced cement business to the Aditya Birla group company UltraTech Cement for an upwardly revised sum of Rs 16,189 crore. Here?s what analysts have to say about the deal. The Jaypee group, which has a debt burden of about Rs 58,250 crore as of March 2016, was […]
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Jaypee Cement. 1986 - Present 38 years. Allahabad Area, India. Manufacture of cement has a history, which traces back to millennia. The Romans who were prolific builders used burnt calcareous (calcium bearing) rocks along with pozzolanic materials in an era Before Christ. The structures built by them, like the Pantheon, are still there for us ...
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In April 2023, Dalmia Cement acquired a majority stake in Bhilai Jaypee Cement. The terms of the transaction were not disclosed. Headquarters Location. Birhauli Raghuraj Nagar. Satna, 485 112, India. Suggest an edit. You're one click away from the most comprehensive, unmatched analyst expertise in tech, in-depth private company data …
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Impact of the deal on the Jaypee Group. Post the transaction, Jaypee Group's cement capacity will come down to 33 mtpa and will remain the third-largest cement manufacturer of the country after the Aditya Birla Group and the Holcim Group. The deal will help the Jaypee Group to raise its debt of Rs 55,000 crore to about Rs 3650 crore.
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Here is a summary of financial information of JAYPEE CEMENT CORPORATION LIMITED for the financial year ending on None. Revenue / turnover of JAYPEE CEMENT CORPORATION LIMITED is Revenue. Net worth of the company is Net worth. EBITDA of the company is EBITDA. Total assets of the company is Assets. …
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Ultratech will gain an overall capacity of 21.2 million. Value of the transaction was reduced from Rs 16,500 crore to Rs 15,900 crore. The deal is expected to take 9-12 months to fructify. The ...
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OVERVIEW - GUJARAT JAYPEE CEMENT & INFRASTRUCTURE LIMITED. Gujarat Jaypee Cement & Infrastructure Limited. is an unlisted public company incorporated on 20 July, 2007. It is classified as a public limited company and is located in Ahmedabad, Gujarat. It's authorized share capital is INR 100.00 cr and the …
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Jaypee Cement Corporation Limited is a Public incorporated on 31 July 1996. It is classified as Non-govt company and is registered at Registrar of Companies, Kanpur. Its authorized share capital is Rs. 55,000,000,000 and its paid up capital is Rs. 37,275,000,000. It is inolved in Business activities n.e.c. Jaypee Cement Corporation …
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1. All 3 cement plants were brought under one roof by hiving off Cement Business by JIL under Jaypee Cement Ltd. 2002. 1. Jaypee Karcham Hydro Corporation Ltd established to operate 1000 MW Karcham Wangtoo HE Project. 2. Jaypee University of Information Technology (State university), Waknaghat set up. 2003. 1. 1st Captive Thermal Power …
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The capacity of the cement grinding plant is 1.5mtpa. Shree Cement's capacity stands at 19 mtpa, with facilities in Rajasthan, Uttarakhand, Bihar, and Haryana. The company sells cement under the …
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We offer high growth career opportunities for professionals in various disciplines. We offer a friendly environmental approach enabling professionals to achieve the goal set by them with well managed organizational objectives. So do send your CV to [email protected] or [email protected] to be a part of the team Jaypee® India Limited, a leader in the ...
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Synopsis. The divestment includes cement plants with an aggregate capacity of 9.4 million tonne, clinker assets with a capacity of 6.7 million tonne, and 280 …
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August 30, 2014 10:28 pm | Updated 10:28 pm IST - MUMBAI: UltraTech Cement has completed the acquisition of cement units of Jaypee Cement Corporation (JCCL) in Gujarat. UltraTech informed the ...
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India: Dalmia Bharat says that it will complete its acquisition of Jaiprakash Associates' cement business, Jaypee Cement, towards the end of the 2024 financial year on 31 March 2024. Informist EquityWire News has reported that the deal is 'taking more time' than expected to conclude. Jaypee Cement's Madhya Pradesh-based subsidiary …
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The Group's Infotech arm JIL Information Technology Limited (JILIT) specializes in providing services in the area of: JILIT manages the entire IT Infrastructure of the various Group companies that include over 10 construction sites in some of the remotest terrains of the country including 200 cement locations in the interiors of India and 3 ...
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Issuer Not Cooperating) assigned to M. Jaypee Cement Private Limited (MJP). The rating actions have been taken in accordance with the Credit Rating Regulations 2011 following the non-cooperation from MJP for rating information despite multiple follow-ups. The ratings were kept on notice for withdrawal for a period of six months, during which also
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The group produces special blend of Portland Pozzolana Cement under the brand names Jaypee Cement, Buland, Master Builder & Buniyad. Its cement division currently operates modern, computerized process control cement plants with an aggregate capacity …
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Jaypee Group is the 3rd largest cement producer in India. The Group started with one million ton plant in 1986 and within 25 years reached to an installed capacity of 21.3 …
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MUMBAI: Aditya Birla flagship UltraTech, Dalmia Bharat backed by private equity investor KKR and Shree Cement are among prospects approached to take over the Jaypee Group's cement business. Plans for an outright sale of the residual 20 million tonne portfolio for an estimated Rs 19,000 crore enterprise valuation are again gathering …
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READ LATER. UltraTech Limited has agreed to acquire Jaypee Group's 22.4 million tonnes of cement capacity assets for Rs.16,500 crore, making it the largest deal in the Indian cement sector ...
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Cement and Concrete Product Manufacturing Nonmetallic Mineral Product Manufacturing Manufacturing Printer Friendly View Address: SY NO 99 POST BAG NO 9, JAYPEE BALAJI CEMENT PLANT, BUDHAWADA, JAGGAYYAPETA Krishna, Andhra Pradesh, 521175 India See other locations
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Gujarat Jaypee Cement & Infrastructure Limited.'s Corporate Identification Number is (CIN) U26943GJ2007PLC051360 and its registration number is 51360.Its Email address is [email protected] and its registered address is 606, 6th Floor, Sakar V, Behind Natraj Cinema Ashram Road, Ellis Bridge Ahmedabad Ahmedabad GJ 380009 IN.
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Dalmia Bharat to acquire Jaypee Group's cement assets for Rs 5,666 crore. The divestment includes cement plants with an aggregate capacity of 9.4 million tonne, clinker assets with a capacity of 6.7 million tonne, and 280 MW capacity thermal power plant, the Jaypee Group companies said in a release. 12 Dec, 2022, 04:14 PM IST.
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International Cement Review; Cement Plant Operations Handbook 7th Edition; The Global Cement Report 15th Edition; Cement Plant Environmental Handbook 3rd Edition; Conferences. Cemtech Live Webinar: Energy efficient cement plants, 08 May 2024; Cemtech Asia 2024, Jakarta, Indonesia, 02-05 June 2024; Cemtech Live Webinar …
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The Jaypee Group on Monday said that a binding agreement had been signed to sell the group's cement business to Dalmia Cement (Bharat) Ltd at an enterprise value of Rs 5,666 crore. The binding agreement has been signed by Jaiprakash Associates and Jaiprakash Power Ventures.
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Profile. Transforming challenges into opportunities has been the hallmark of the Jaypee Group, ever since its inception five decades ago. The Group is a diversified infrastructure conglomerate with business interests in Engineering & Construction, Cement, Power, Real Estate, Expressways, Fertilizer, Hospitality, Healthcare, Sports, Information ...
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Jaypee Cement bagged the mine, which was earlier allotted to MP Cement Mining Corporation, for an estimated Rs 2,473 crore. 09 Mar, 2015, 09:40 AM IST UltraTech Cement Ltd earmarks capex of Rs 7,000 crore for expansion
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01 December 2014. Dalmia Cement (Bharat) Ltd has acquired full control of Bokaro Jaypee Cement Ltd (BoJCL), following the purchase of the 26 per cent stake in the company it did not already own. BOJCL was initially set up in 2008 up as a 74:26 per cent joint venture between Jaiprakash Associates Ltd (JAL) and the Steel Authority of India's ...
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Cement companies-Jaypee Cement and Ultra Tech Cement on September 19 received a notice from the Gujarat High Court over the deal the two companies entered for a cement factory in Kutch. A public interest litigation (PIL) filed by local villagers, alleges that Jaypee Cement has encroached upon the village land and is dumping waste in […]
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