Intrinsic Value

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Red Flags Found

In June last year, Suraksha group received the approval of financial creditors and homebuyers to takeover the JIL, raising hopes for homebuyers of getting possession of their dream flats.

Suraksha Group Expects NCLT Nod By March To Acquire Jaypee Infra; Gearing Up To Start Construction

Suraksha Group expects NCLT nod by March to acquire Jaypee Infra

Suraksha group said the company expects to get the approval of the NCLT by March to acquire Jaypee Infratech Ltd (JIL) through insolvency process and complete around 20,000 flats for homebuyers

Jaypee Infra: Suraksha group expects NCLT nod by March through IBC

In the meantime, Suraksha ARC Managing Director and Chief Executive Officer Aalok Dave said the company is making preparations internally to start construction work on all stalled projects soon after the NCLT approval.

Suraksha group expects NCLT nod by March to acquire Jaypee Infra; gearing up to start construction

The IDBI Bank-led consortium had initiated insolvency proceedings against JIL for failing to repay total debt of around Rs 24,000 crore. The NCLT, Allahabad, on August 9, 2018 had admitted the consortium’s plea.

Jaypee Infra insolvency: SC asks NCLT to decide in two months

The Supreme Court has ordered swift completion of Jaypee Infratech's insolvency proceedings, asking the adjudicating authority NCLT Delhi to decide the case within 2 months. The order was passed by a 2-judge bench of Justice AM Khanwilkar and Justice CT Ravikumar while hearing a petition filed by homebuyers in the Jaypee Kensington Boulevard project. Appearing for the homebuyers, lawyer Shashank Manish argued that repeated delays in the insolvency process are adversely affecting the rights of homebuyers, pointing to the apex court order which had asked for swift resolution of the case.


On 24th March 2021, the top court had remanded the Jaypee Infratech case back to NCLT for fresh voting, and extended the timeline for completion of the corporate insolvency process by 45 days. On 23rd June, the resolution plan of Suraksha ARC and NBCC were put to vote before the lenders, where Suraksha ARC's resolution plan was approved by an overwhelming majority. After the lenders' nod, the resolution professional moved the NCLT on 7th July seeking official approval and implementation of the plan. However, hearing before the NCLT has been repeatedly deferred, which has been brought to the top court's notice by homebuyers.


Having invested their life savings in the project, homebuyers accused the NCLT of acting in a casual manner, claiming that they've suffered for long to get a house. They have submitted that the "already existing structures of the unfinished towers are getting weakened and losing structural integrity owing to the weather conditions", fearing that the condition of existing structures will only "deteriorate with passage of time". Homebuyers have contended that all their hopes and dreams of getting a house will be destroyed if appropriate action of completion of the CIRP (corporate insolvency resolution process), appointment of successful resolution applicant and resumption of work in full force is not done in a time bound manner.
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SC: NCLT to complete Jaypee Infratech's insolvency proceedings in 2 months

Hearings before the NCLT had been deferred several times following which the homebuyers brought the matter to the notice of the SC.

Supreme Court Orders NCLT To Complete Jaypee Infratech’s Insolvency Proceedings Within Two Months

Jaypee Infratech reports consolidated net loss of Rs 613.87 crore in the September 2021 quarter

Its net loss stood at Rs 490.78 crore in the year-ago period

Jaypee Infratech second quarter loss widens to Rs 613.87 crore

The company’s total expenses increased to Rs 865.98 crore during July-September quarter of this fiscal year from Rs 693.32 crore in the year-ago period.

Jaypee Infratech Q2 Loss Widens To Rs 613.87 Crore

After the CoC’s approval in June, the Suraksha group’s offer had to be cleared by the National Company Law Tribunal.

Jaypee Infratech Case: NCLT To Hear Plea On Approval Of Suraksha’s Bid On October 26

Jaypee Infratech Limited (JIL) is engaged in the real estate development. The Company's business segments include Yamuna Expressway Project and Healthcare.

Jaypee Infratech Ltd

Jaypee Infratech Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Suraksha Group Expects NCLT Nod By March To Acquire Jaypee Infra; Gearing Up To Start Construction

Suraksha Group expects NCLT nod by March to acquire Jaypee Infra

Jaypee Infra: Suraksha group expects NCLT nod by March through IBC

Suraksha group expects NCLT nod by March to acquire Jaypee Infra; gearing up to start construction

Jaypee Infra insolvency: SC asks NCLT to decide in two months

News Video

SC: NCLT to complete Jaypee Infratech's insolvency proceedings in 2 months

Supreme Court Orders NCLT To Complete Jaypee Infratech’s Insolvency Proceedings Within Two Months

Jaypee Infratech reports consolidated net loss of Rs 613.87 crore in the September 2021 quarter

Jaypee Infratech second quarter loss widens to Rs 613.87 crore

Jaypee Infratech Q2 Loss Widens To Rs 613.87 Crore

Jaypee Infratech Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Suraksha Group Expects NCLT Nod By March To Acquire Jaypee Infra; Gearing Up To Start Construction

Suraksha Group expects NCLT nod by March to acquire Jaypee Infra

Jaypee Infra: Suraksha group expects NCLT nod by March through IBC

Suraksha group expects NCLT nod by March to acquire Jaypee Infra; gearing up to start construction

Jaypee Infra insolvency: SC asks NCLT to decide in two months

News Video

SC: NCLT to complete Jaypee Infratech's insolvency proceedings in 2 months

Supreme Court Orders NCLT To Complete Jaypee Infratech’s Insolvency Proceedings Within Two Months

Jaypee Infratech reports consolidated net loss of Rs 613.87 crore in the September 2021 quarter

Jaypee Infratech second quarter loss widens to Rs 613.87 crore

Jaypee Infratech Q2 Loss Widens To Rs 613.87 Crore

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock