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Jaypee Group

#8952

Rank

$102.17M

Marketcap

IN India

Country

Jaypee Group
Leadership team

Mr. Manoj Gaur (Exec. Chairman & CEO)

Mr. Sunil Kumar Sharma B.Sc (Exec. Vice Chairman)

Mr. Jaiprakash Gaur (Chairman Emeritus)

Products/ Services
Industrial
Number of Employees
1,000 - 20,000
Headquarters
Noida, Uttar Pradesh, India
Established
1979
Revenue
500M - 1B
Traded as
JPASSOCIAT.NS
Social Media
Overview
Location
Summary
Jaiprakash Associates Limited operates as a diversified infrastructure conglomerate in India and internationally. The company operates through Construction, Cement & Cement Products, Hotel/Hospitality & Golf Course, Real Estate, Power, Infrastructure Projects, Investments, Fertilizers, Health Care, and Others segments. It constructs river valley, hydropower projects, expressways, and irrigation projects; manufactures and sells lime, plaster, and Portland Pozzolana cement under the Jaypee Cement brand; and generates and transmits hydro, thermal, and wind power. The company also operates hotels, golf courses, resorts, and spas; conducts sports related events; and builds golf residences and townships. In addition, it manufactures and sells urea, micro nutrients, zinc sulphate mono hydrate, and organic manure under the Jaypee Chaand Chaap brand; owns and operates the Jaypee hospital that consists of 525 beds with range of facilities, including OPD, laboratory and X- Ray facility, nebulizer, diathermy, etc.; undertakes heavy engineering works; and operates waste treatment plants. Further, the company is involved in the coal and mineral extraction activity; provision of aviation, man power, and hitech castings services, as well as manufacturing of edible oils. Additionally, it provides IT infrastructure management, networking and communication, multimedia and content development services, as well as e-learning and software solutions. Jaiprakash Associates Limited was founded in 1979 and is based in New Delhi, India.
History

Jaiprakash Gaur is the founder and was chairman of Jaiprakash Associates Limited. After acquiring a Diploma in Civil Engineering in 1950 from the now called Indian Institute of Technology Roorkee in Roorkee, Uttarakhand, he had a stint with the Government of Uttar Pradesh. Later he became an entrepreneur, started as a civil contractor in 1958.

1982 – Hotel Vasant Continental was set up

1986 – Commissioning of first unit of 1 MTPA Jaypee Rewa Plant in District Rewa, MP Formation of Jaiprakash Industries Ltd

1987 – JIL listed on Bombay Stock Exchange

1991 – Commissioning of 2nd unit of 1.5 MTPA Jaypee Rewa Plant

1992 – Jaiprakash Hydro Power Ltd established to operate 300 MW Baspa II HE Project, Jaiprakash Power Ventures Ltd established to operate 400 MW Vishnuprayag HE project

1993 – JIL signs a memorandum of understanding to develop and operate 1,000 MW Karcham Wangtoo Hydroelectric Plant

1995 – Bela Cement Ltd incorporated to establish third Cement Plant at Bela, Hotel Jaypee Residency Manor set up

1996 – Commissioning of the third cement plant 1.7 MTPA Jaypee Bela Plant in District Rewa, MP

1999 – Hotel Jaypee Palace, Agra set up

2000 – Jaypee Greens Ltd – 458-acre golf-centric real estate company comes into being

2001 – Jaypee Institute of Information Technology set up at Noida.

2002 – Jaypee Karcham Hydro Corporation Ltd established to operate 1,000 MW Karcham Wangtoo HE Project, Jaypee University of Information Technology at Waknaghat, Himachal Pradesh is founded.

2003 – Jaypee Hotel Training Centre is set up at Agra to train students in hotel management. In 2007 the institute changed its program from a diploma course to a degree course and increased the length of study from two to three years.

2003 – Jaypee Institute of Engineering Technology set up at Raghogarh, Guna. Later this institute was declared first private state university of Madhya Pradesh as Jaypee University of Engineering & Technology. Also first Captive Thermal Power Plant of 25 MW commissioned at JRP. Formation of Jaiprakash Associates Ltd by merging JIL with Jaypee Cement Ltd

2004 – Commissioning of second Captive Power Plant of 25 MW at Jaypee Bela Plant

2005 – Shares of JHPL listed on BSE/NSE. First hydropower company to be listed in the country

2006 – Setting up of Madhya Pradesh Jaypee Minerals Corporation Ltd in JV with MP State

2007 – Signing of a joint venture agreement with Steel Authority of India Ltd for setting up a 2.0 MTPA slag based cement plant at Bhilai.

2008 – Jaypee Ganga Infrastructure Corporation Ltd incorporated for implementation of 1,047 km long, eight-lane, access-controlled expressway between Greater Noida and Ballia in Uttar Pradesh, Chunar, and Dalla cement plants in UP commissioned

2009 – Amalgamation of four Group Companies, namely, Jaypee Cement Limited, Gujarat Anjan Cement Limited of Gujarat-based infrastructure conglomerate Anjan Group, Jaypee Hotels Limited and Jaiprakash Enterprises Limited with flagship company JAL. Acquired Sangam Power Generation Company Ltd. Signing of MOU for setting up a 2 million tonnes per annum capacity cement plant in joint venture with Assam Mineral Development Corporation Limited . Group is setting up a Jaypee Hitech Casting Centre. Amalgamation of Jaiprakash Power Ventures Ltd. with Jaiprakash Hydro-Power Ltd.; the name of the company i.e., Jaiprakash Hydro-Power Ltd. changed to Jaiprakash Power Ventures Ltd.

2010 – Commissioning of 1.75 MnTPA Jaypee Himachal Cement Grinding and Blending Plant, Bagheri ., 2.2 MnTPA Bhilai Jaypee Cement Ltd., Satna ., 1.2 million tonnes Jaypee Roorkee Cement Grinding Unit at Roorkee, Uttarakhand.

2011 – Buddh International Circuit – Greater Noida.

2012 – Yamuna Expressway-New Delhi NOIDA -Agra Express eight-lane highway. Project completed on 9 August 2012, and opened to general public.

2014 -Himalayan Expressway-Zirakpur – Kalka six-lane highway. Project completed and opened to general public.

2014 – Jaypee University, Anoopshahr set up at bank of Ganga river in Anoopshahr, District Bulandshahr.

2014 - In August 2014, Shree Cements announced that it is set to acquire Jaiprakash Associates' 1.5 million tonne grinding unit at Panipat for 360 crore. The Jaypee group has been selling most of its cement assets to reduce its debt.

2015- In September 2015, JSW Energy acquired two hydropower Projects of Jaiprakash Associates in a deal worth ? 9,700 crore.

2016 – Jaypee Greens Golf Course, Greater Noida, National Capital Region received the "Best Tourism Friendly Golf Course 2015–16" recognition for the third time.

2017 - UltraTech Cement completed the Rs 16,189 crore acquisition of Jaiprakash Associates' six integrated cement plants and five grinding units, having a capacity of 21.2 million tonnes.

2019 - Commissioning of 720 MW Hydro project for Mangdechhu Hydro Electric Power Project Authority in Bhutan.

Mission
The core mission of Jaypee Group is to become the most respected, diversified and a successful organisation, contributing to the quality of life of stakeholders, while addressing the global challenge of resource conservation and environmental protection.
Vision
The vision of the Jaypee Group is to strive towards creating a better world by continuously contributing to nation building and economic growth through diversified interests and activities, while providing a secure, safe, and congenial work environment to its people.
Key Team

Mr. Ram Bhadur Singh F.C.A (Whole-Time Director & Director of Fin.)

Mr. Sandeep Sabharwal (Compliance Officer, Company Sec. & VP)

Mr. Joginder Seru BE (Pres)

Mr. Pankaj Gaur (Joint MD of Construction & Whole Time Director)

Mr. Ranvijay Singh B.E (Civil) (Whole-Time Director)

Mr. Naveen Kumar Singh B.Com. (Exec. Pres)

Mr. Amit Sharma BE, MBA (Exec. Pres)

Recognition and Awards
Over the years, the Jaypee Group has earned numerous awards and accolades, including the Prime Minister’s Award for Excellence, the Dewang Mehta Best IT User Award, the Rajiv Gandhi National Quality Award, and the Government of India Gold Medal for National Energy Conservation. The Group has also been awarded prestigious industry awards such as the Indian Construction Industry Award, the Business Leader Award for Corporate Excellence, and the Business Today Most Admired Companies in India Award.
References

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Jaypee Group
Leadership team

Mr. Manoj Gaur (Exec. Chairman & CEO)

Mr. Sunil Kumar Sharma B.Sc (Exec. Vice Chairman)

Mr. Jaiprakash Gaur (Chairman Emeritus)

Products/ Services
Industrial
Number of Employees
1,000 - 20,000
Headquarters
Noida, Uttar Pradesh, India
Established
1979
Revenue
500M - 1B
Traded as
JPASSOCIAT.NS
Social Media