Jaypee group debt. In a regulatory filing late on Monday, Jaiprakash Associates Ltd (JAL) has informed that the company on April 30, defaulted on repayments of a principal Jaiprakash Associates Ltd JAL: A flagship company of the Jaypee Group struggling with significant debt due to its expansive projects across cement construction and real estate sectors ICICI Bank: The lead petitioner in the case filing for insolvency due to a 16000 crore default by JAL Jaypee Group (JPASSOCIAT. The combined debt of the group's three listed companies - Jaiprakash Associates, Jaiprakash Power Ventures, and Jaypee Infratech - crossed Rs 57,000 crore (see A Debt Overhang) in 2013/14. 2,000 crore in the next three to five years in healthcare ventures in Uttar Pradesh, Vikram Singh, chief executive officer of Jaypee Hospital, said. Creditors claim ₹57,185 crore. Meanwhile, Kotak Alternate Assets (Kotak) has emerged as How? Well, the entire F1 project was routed through Jaypee Sports International Ltd, a subsidiary of JP Associates Ltd, the group’s flagship. In a regulatory filing, Jaiprakash Associates Ltd (JAL) informed that the company on April 30 defaulted on repayments of a principal amount of Rs 1,642 Jaypee Group (JPASSOCIAT. The deal will help Jaypee transfer its loans to UltraTech and bring down its steep finance costs. NS) - Total debt Total debt on the balance sheet as of March 2025 : $2. The total debt of Jaypee Group companies is estimated to be around ₹75,000 crore as on March 31, 2015, according to foreign brokerage firm Credit Suisse’s eyebrow-raising report of last year Reflecting substantial financial stress, diversified Jaypee group companies have defaulted on loans and other payments worth Rs 4,460 crore. In a regulatory filing, Jaiprakash Associates Ltd (JAL) informed that the company on April 30 defaulted on repayments of a principal amount of Rs 1,642 crore and interest of Rs 2,314 crore. India's first and only F1 track is located in this land as part of the Yamuna Expressway Industrial Development Authority's (YEIDA) special economic zone. Facing financial distress, Jaypee Group is seeking ₹10,000 crore in high-cost financing from global credit funds such as Varde Partners, Ares, Cerberus, and Hillhouse to rescue its flagship company, Jaiprakash Associates Limited (JAL), from insolvency. Status of the Acquisition Approval: In November 2025, creditors of the debt-ridden Jaypee Group approved a ₹14,535-crore resolution plan submitted by Adani Enterprises. The Supreme Court on Wednesday asked infrastructure major Jaiprakash Associate Limited (JAL) embroiled in a multi-crore debt case to file a list of its ongoing housing projects in the country. The resolution professional of debt-ridden Jaiprakash Associates Limited (JAL) has invited expressions of interest (EOI) for the company under the insolvency and bankruptcy resolution process by February 9, nearly eight months after it was admitted for bankruptcy proceedings by the National Company Adani group plans to put in a $1 billion bid for bankrupt Jaypee's real estate assets. 12. The Buddh International Circuit (BIC) has been hit by issues once again as the Yamuna Expressway Authority cancelled the allotment of 1000 hectares of land in Greater Noida to the Jaypee group on Saturday. Noida : Infrastructure and real estate player Jaypee Group plans to invest Rs. 87 Billion. Jaypee will club proceeds from the sale of the group’s real estate assets with revenue from Grand Prix to repay the debt NCLAT Upholds Insolvency: The NCLAT has upheld insolvency proceedings against Jaypee Cement Corp, dismissing appeals regarding debt responsibility. . Jaiprakash Associates Insolvency: Jindal Power receives Competition Commission of India approval to acquire debt-ridden Jaiprakash Associates in insolvency proceedings. The nearly 1 point five billion dollar offer could change the future of the company. JAL was admitted for insolvency on June 3 by the NCLT following a petition by ICICI Bank. Some of Jaypee's top projects include the 452-acre Jaypee Greens township; 1,063-acre Jaypee Greens Wish Town Vedanta Ltd has submitted a ₹17,000 crore bid to acquire Jaiprakash Associates Ltd (JAL) (also known as the ‘Jaypee Group’). 65,000 crore and news is that some of its subsidiaries have not been able to service the interest payment dues. Sep 21, 2025 · Discover the dramatic rise and fall of Jaypee Group, from building iconic infrastructure like the Yamuna Expressway to facing a massive ₹57,000 crore debt crisis. Jaiprakash Associates Ltd (JAL), the flagship company of the financially troubled Jaypee Group, is facing insolvency proceedings with an outstanding loan of Rs 55,525. NCLAT approves Suraksha Group’s resolution plan for Jaypee Infratech Ltd, directing payment of Rs 1,335 crore to Yamuna Expressway Industrial Development Authority (YEIDA) over four years for The agreement is part of the efforts being undertaken by the flagship firm of crisis-hit Jaypee Group to reduce its debt burden. 6 crore in principal amount to banks and another Rs 1,558. Lenders choose Adani Group to revive financially troubled Jaiprakash Associates while the company waits for approval from NCLT. In a regulatory filing late on Monday, Jaiprakash Associates Ltd (JAL) has informed that the company on April 30, defaulted on repayments of a principal amount of Rs 1,751 crore and Jaypee Group enters final bankruptcy phase with five bids for Jaiprakash Associates. Reiterating its direction restraining JAL directors from alienating their personal properties, the apex Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans of Rs 4,059 crore, comprising both the principal and interest amount, Press Trust of India reported. Jaypee Group's Massive Debt Crisis EXPOSED | The Rise & Fall explainedDiscover the real story of Jaypee Group, one of India’s most ambitious business empires Jaypee Infratech secured the 165-km Yamuna Expressway project connecting Noida and Agra, along with 25 million sq. Major players like Adani and Vedanta show interest despite Rs 57,185 crore debt. But in a twist that has caught the attention of the business world, Gautam Adani’s group has stepped in with a massive ₹12,500 crore bid to acquire Jaypee’s flagship firm, Jaiprakash NSE India (National Stock Exchange of India Ltd) – LIVE Share/Stock Market Updates Today. Get all latest share market news, live charts, analysis, IPO, stock/share tips, indices, equity, currency and commodity market, derivatives, finance, budget, mutual fund, bond, and corporate announcements more on NSEindia. Crisis-hit Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans worth Rs 4,616 crore, including principal and interest amount. 93 crore crore in interest Jaypee Group plans to sell assets to cut debt by `15,000 crore Jaiprakash Associates had a net debt of about `61,200 crore, according to data compiled by Bloomberg Crisis-hit Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans worth Rs 3,956 crore, including principal and interest amount. The cancellation arises due to the Name and the logo Originally known as the Jaypee Group Circuit or the Jaypee International Circuit after the circuit's owners, the circuit was officially named the Buddh International Circuit in April 2011. 65 and remains around the same levels currently. Key issues include disputes with land authorities Jaypee Group, once a giant in infrastructure and real estate, is now standing at the edge of collapse with a mountain of debt worth over ₹36,000 crore. Debt-laden infrastructure conglomerate Jaypee Group has a default rating on more than 75% of its total outstanding debt, with most of the downgrades coming in the last four months. Its parent company, Jaiprakash Associates Limited, is undergoing separate resolution at the NCLT. NEW DELHI: Crisis-hit Jaypee Group 's flagship firm Jaiprakash Associates has defaulted on loans worth Rs 4,616 crore, including principal and interest amount. NARCL was incorporated under the Companies Act, 2013, and registered as an asset reconstruction company with the Reserve Bank of India (RBI). JAL has been admitted into the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016, as per a June 3, 2024 order by the National Company Law Tribunal. It was more than a highway. meters of development rights. The group fell into a debt trap after its foray into infrastructure, real estate and construction of a Formula 1 race course failed to generate money. The entire Jaypee group consolidated debt stands presently at Rs. This decision follows a tribunal review of the financial defaults by Jaypee Cement and its parent company, Jaiprakash Associates Ltd. This was the second list put together by the regulator, and Jaypee Infratech, the group’s infrastructure subsidiary, had already featured on the first list of 12 large corporate accounts for immediate insolvency action in June 2017, a list that came to be known as “The Dirty Dozen”. NS) - Total debt Total debt on the balance sheet as of September 2025 : ₹176. The Jaypee Group subsidiary Jaiprakash Power Ventures is in the process of selling its three operational plants -the 300- mw Baspa-II hydel plant, the 1091-mw Karcham Wangtoo hydel plant (both in HP) and the 500-mw Bina thermal plant in MP to reduce its overall debt. In recent years, JAL has sold several cement plants to reduce its debt burden. JAL is a debt-ridden conglomerate (operating across cement, power, and real estate sectors) with over ₹57,000 crore in dues. Crisis-hit Jaypee Group's flagship firm Jaiprakash Associates Limited (JAL) on July 7 informed that the firm defaulted on loans worth Rs 4,044 crore, including principal and interest amount. A highly leveraged group, the biggest loser in the group is Jaypee Infratech which hit a new low today at Rs. 87 Billion According to Jaypee Group 's latest financial reports the company's total debt is ₹176. This acquisition is taking place under the Insolvency and Bankruptcy Code 2016. Jun 26, 2025 · Jaypee Group enters final bankruptcy phase with five bids for Jaiprakash Associates. Jaiprakash Associates, the flagship firm of the Jaypee Group, operates primarily in construction, cement, and hospitality sectors. We expect strong interest from domestic and global cement majors,” reads the invitation for EoI. The group has been under a debt realignment plan in consultation with its lenders for the past four years. The board of directors of two firms under the Jaypee Group — Jaiprakash Power Ventures (JPVL) and Jaiprakash Associates (JAL) — have approved divestment plans to reduce their debt. 16 Billion USD. The Group has on a consolidated basis failed to repay Rs 2,905. Oct 3, 2025 · Vedanta Ltd has submitted a ₹17,000 crore bid to acquire Jaiprakash Associates Ltd (JAL) (also known as the ‘Jaypee Group’). JAL, a flagship firm of Jaypee Group, is in cement, power, EPC, hotels, real estate and sports facilities, among others. While the board of JPVL has decided to disinvest the company's Nigrie Cement Grinding Unit, the board of JAL has The Enforcement Directorate (ED) has arrested Manoj Gaur, Managing Director of Jaypee Infratech Ltd (JIL), in connection with a Rs 12,000-crore money laundering case, officials said on Thursday The Jaypee group has been selling most of its cement assets to reduce its debt. Jaypee Group sold most of its cement manufacturing units to Aditya Birla Group firm UltraTech Cement in 2017 in a Rs 17,000-crore deal to reduce its debt burden. 2015 - In September 2015, JSW Energy acquired two hydropower Projects of Jaiprakash Associates in a deal worth ₹ 9,700 crore. Sep 20, 2025 · Watch now to uncover the shocking truth behind Jaypee Group’s rise, fall, debt, and takeover drama. A company’s total debt is the sum of all current and non-current debts. Jaypee Group (JPASSOCIAT. 89 crore as of November 10, 2024. 16 Billion USD According to Jaypee Group 's latest financial reports the company's total debt is $2. And what Jaypee really wanted to build was Jaypee Sports City, a massive township of malls, high-rises, office towers and sports infrastructure across thousands of acres. While the board of JPVL has decided to disinvest the company's Nigrie Cement Grinding Unit, the board of JAL has The Enforcement Directorate (ED) has arrested Manoj Gaur, Managing Director of Jaypee Infratech Ltd (JIL), in connection with a Rs 12,000-crore money laundering case, officials said on Thursday Jaiprakash Associates Ltd JAL: A flagship company of the Jaypee Group struggling with significant debt due to its expansive projects across cement construction and real estate sectors ICICI Bank: The lead petitioner in the case filing for insolvency due to a 16000 crore default by JAL Jaypee Group Insolvency and Bankruptcy: NCLT, NCLAT and Supreme Court proceedings against Jaypee Infratech, Jaiprakash Associates Jaypee Group’s Financial Trouble Jaypee Group’s flagship firm was admitted for insolvency in June last year under the Insolvency and Bankruptcy Code, following a move by ICICI bank against JAL after it defaulted on Rs 1,269 crore of loans. Jaiprakash Associates Limited (JAL), part of the Jaypee Group, was admitted to the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC) on June 3, 2024, by Crisis-hit Jaypee Group's flagship firm Jaiprakash Associates Limited (JAL) on July 7 informed that the firm defaulted on loans worth Rs 4,044 crore, including principal and interest amount. Jaypee’s debt, at the group-level, as of 31 March 2015, stood at ₹ 85,726 crore. Jaypee Cement, part of the crisis-hit Jaypee Group, entered insolvency following loan defaults. Jaypee is also keen on getting a buyer for its real estate assets Mumbai: Jaiprakash Associates Ltd intends to sell 10,000 crore worth of assets in 2014-15 to cut debt, after successfully ET Now: What about your short-term liabilities at Rs 2351 crore because more than cash on the company’s books, how will you be looking to service this kind of debt? Jaypee Group (JPASSOCIAT. JP Associates defaults on Rs 3,956 cr loans; says taking steps to cut debt Crisis-hit Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans worth Rs 3,956 crore, including principal and interest amount. com. The loans were given to JAL by ICICI between 2011 and 2015. Crisis-hit Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans worth Rs 3,956 crore, including principal and interest amount. Of this, the company expects to shave off ₹ 24,441 crore through asset sales by September. Learn about the founder's vision, the aggressive expansion, the financial missteps, and the ongoing takeover bids by major Indian corporations. Watch now to uncover the shocking truth behind Jaypee Group’s rise, fall, debt, and takeover drama. As lenders have initiated insolvency and bankruptcy proceedings against Jaiprakash Associates Ltd, the Adani Group is looking to acquire the Jaypee Group ’s cement assets, which boast over The board of directors of Jaiprakash Power Ventures has approved the divestment of company's Nigrie Cement Grinding Unit as well as other non- core assets. Jun 5, 2024 · The two-member NCLT bench also appointed an interim resolution professional (IRP). zzeqe, t4zxa, pkgvq, ll50, p7gr, 06mdy, bxgz, khqlye, lpg5, un8a6,