Company ~~ General ~~ Background

]aiprakash Associates Ltd

5dustry :Co5structio5 Civil / Tur5key Large



Incorporation Year 1995
Chairman Manoj Gaur
Managing Director Sunny Gaur
Company Secretary Harish K Vaid
Auditor M P Singh & Associates
Registered OIIice
Sector 128,
Noida, 201304, Uttar Pradesh
Telephone 91-120-4609000/2470800
Fax 91-120-4609496/4609464
E-mail jal.investorjalindia.co.in
Website http://www.jalindia.com
Face Value (Rs) 2
BSE Code 532532
BSE Group A
NSE Code JPASSOCIAT
Bloomberg JPA IN
Reuters JAIA.BO
ISIN Demat INE455F01025
Market Lot 1
Listing Mumbai,NSE
Financial Year End -
Book Closure Month Sep
AGM Month Sep
Registrar's Name & Address
Alankit Assignments Ltd, 2E/21 Alankit House, Anarkali
Market, Jhandewalan Extn, New Delhi - 110055.
91-11-51540060-63
91-11-51540064

Company ~~ General ~~ Background


]aiprakash Associates Ltd
5dustry :Co5structio5 Civil / Tur5key Large



Incorporation Year 1995
Chairman Manoj Gaur
Managing Director Sunny Gaur
Company Secretary Harish K Vaid
Auditor M P Singh & Associates
Registered OIIice
Sector 128,
Noida, 201304, Uttar Pradesh
Telephone 91-120-4609000/2470800
Fax 91-120-4609496/4609464
E-mail jal.investorjalindia.co.in
Website http://www.jalindia.com
Face Value (Rs) 2
BSE Code 532532
BSE Group A
NSE Code JPASSOCIAT
Bloomberg JPA IN
Reuters JAIA.BO
ISIN Demat INE455F01025
Market Lot 1
Listing Mumbai,NSE
Financial Year End -
Book Closure Month Sep
AGM Month Sep
Registrar's Name & Address
Alankit Assignments Ltd, 2E/21 Alankit House, Anarkali
Market, Jhandewalan Extn, New Delhi - 110055.
91-11-51540060-63
91-11-51540064



Company ~~ General ~~ Snapshot


]aiprakash Associates Ltd
5dustry :Co5structio5 Civil / Tur5key Large




Financial Data
Full Year Mar'11 TTM NP-Latest 4 Qtrs
FV BV
Div
()
MCap NP EPS P/E NP EPS P/E Jun'11 Mar'11 Dec'10 Sep'1
Unit
Curr.
Unit
Curr.

(Rs. Cr)
(Rs.
Cr)
Unit
Curr.

(Rs.
Cr)
Unit
Curr.

(Rs.
Cr)
(Rs.
Cr)
(Rs.
Cr)
(Rs.
Cr)
2.00 43.20 40 14396.07 828.93 3.90 17.40 787.41 3.70 18.36 107.04 301.95 232.66 115.





Industry ~~ Finance ~~ Aggregate Balance Sheet





Industry - Construction - Civil / Turnkey - Large

Year Latest 2011 2010 2009 2008 2007 2006
No. oI Companies 15 7 12 14 14 13 13
SOURCES OF FUNDS :
Share Capital 4,537.67 694.51 2,198.06 3,985.78 3,759.69 1,727.22 1,496.44
Reserves Total 26,780.78 21,344.88 24,171.42 18,971.57 14,938.33 10,241.29 8,105.24
Equity Share Warrants 0.00 0.00 18.60 195.24 440.37 5.43 0.00
Equity Application Money 45.26 0.00 0.00 45.26 79.33 522.33 10.45
Total Shareholders Funds 31,363.71 22,039.39 26,388.08 23,197.85 19,217.72 12,496.27 9,612.13
Secured Loans 33,565.09 24,231.87 26,423.15 17,792.43 9,757.06 7,254.62 4,710.05
Unsecured Loans 19,178.37 12,622.00 12,492.82 15,132.69 10,147.67 6,835.95 4,543.39
Total Debt 52,743.46 36,853.87 38,915.97 32,925.12 19,904.73 14,090.57 9,253.44
Total Liabilities 84,107.17 58,893.26 65,304.05 56,122.97 39,122.45 26,586.84 18,865.57
APPLICATION OF FUNDS :
Go
Quote



BSE NSE
Last
65.05
(-2.65)
65.00
(-2.55)
Previous 67.70 67.55
Open 65.50 65.05
Today's
High
66.40 66.45
Today's
Low
64.35 64.25
Traded
Date

12/09/20
11
3:59:00
PM

12/09/201
1 3:59:47
PM
Volume 1585129 12360008
52 W
High
141.00 140.85
52 W
Low
54.00 54.20

One Year Close Price Graph


Gross Block 26,059.17 23,156.40 22,120.70 17,314.99 12,374.77 9,675.02 7,301.15
Less : Accumulated Depreciation 6,113.95 4,967.81 5,223.03 4,359.34 3,543.36 2,876.37 2,488.36
Less:Impairment oI Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Block 19,945.22 18,188.59 16,897.67 12,955.65 8,831.41 6,798.65 4,812.79
Lease Adjustment 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital Work in Progress 12,021.02 6,703.81 9,461.73 7,931.14 5,522.53 2,581.60 1,128.59
Investments 13,808.08 9,766.56 10,037.93 9,503.24 7,101.15 4,585.69 2,989.46
Current Assets, Loans & Advances
Inventories 25,765.05 15,427.52 17,850.57 19,010.48 13,098.74 9,259.04 6,346.34
Sundry Debtors 15,829.79 11,614.19 13,738.20 11,142.22 7,180.19 5,117.29 3,509.46
Cash and Bank 8,515.71 3,477.28 9,076.07 6,790.97 5,512.59 5,203.49 5,293.95
Loans and Advances 22,122.98 15,952.07 17,493.89 14,111.64 10,171.07 6,917.18 4,200.88
Total Current Assets 72,233.53 46,471.06 58,158.73 51,055.31 35,962.59 26,497.00 19,350.63
Less : Current Liabilities and Provisions
Current Liabilities 30,117.43 19,658.00 25,793.50 22,535.46 16,185.75 11,924.00 8,006.38
Provisions 2,006.39 847.62 2,218.75 1,810.14 1,297.08 1,268.28 766.56
Total Current Liabilities 32,123.82 20,505.62 28,012.25 24,345.60 17,482.83 13,192.28 8,772.94
Net Current Assets 40,109.71 25,965.44 30,146.48 26,709.71 18,479.76 13,304.72 10,577.69
Miscellaneous Expenses not written oII 29.37 0.00 28.86 4.40 1.17 2.98 5.47
DeIerred Tax Assets 223.24 85.05 255.23 199.75 98.77 83.38 77.93
DeIerred Tax Liability 2,029.47 1,816.19 1,523.85 1,180.92 912.34 770.18 726.36
Net DeIerred Tax -1,806.23 -1,731.14 -1,268.62 -981.17 -813.57 -686.80 -648.43
Total Assets 84,107.17 58,893.26 65,304.05 56,122.97 39,122.45 26,586.84 18,865.57




Industry ~~ Finance ~~ Aggregate ProIit & Loss





Industry - Construction - Civil / Turnkey - Large

Year Latest 2011 2010 2009 2008 2007 2006
No. oI Companies 15 7 12 14 14 13 13
INCOME :
Sales Turnover 58,640.61 42,969.14 52,492.28 46,173.94 33,930.55
24,356.
74
18,335.13
Excise Duty 755.66 755.66 548.59 450.76 365.03 257.88 219.87
Net Sales 57,884.95 42,213.48 51,943.69 45,723.18 33,565.52
24,098.
86
18,115.26
Other Income 2,249.02 1,688.95 2,787.37 1,425.33 1,197.19 644.83 914.22
Go
Stock Adjustments 410.56 364.22 0.91 735.97 414.27 396.03 245.48
Total Income 60,544.53 44,266.65 54,731.97 47,884.48 35,176.98
25,139.
72
19,274.96
EXPENDITURE :
Raw Materials 4,638.71 4,533.92 5,701.37 4,500.08 2,578.93
1,377.8
4
1,159.85
Power & Fuel Cost 1,211.26 1,135.50 987.88 781.48 638.41 564.07 402.39
Employee Cost 2,879.47 2,353.45 2,640.46 2,344.89 1,701.56
1,130.5
9
721.57
Other ManuIacturing Expenses 37,556.30 25,346.77 31,636.87 29,499.69 22,213.32
16,661.
88
11,806.62
Selling and Administration Expenses 3,218.64 2,815.72 3,374.61 3,058.46 2,247.21
1,612.6
2
1,108.63
Miscellaneous Expenses 1,389.95 1,015.78 971.69 583.34 563.94 450.48 1,308.72
Less: Pre-operative Expenses
Capitalised
55.06 0.00 0.00 55.06 57.22 29.00 5.12
Total Expenditure 50,839.27 37,201.14 45,312.88 40,712.88 29,886.15
21,768.
48
16,502.66
Operating ProIit 9,705.26 7,065.51 9,419.09 7,171.60 5,290.83
3,371.2
4
2,772.30
Interest 3,828.25 3,074.03 2,907.53 2,240.28 1,416.29 906.05 686.19
Gross ProIit 5,877.01 3,991.48 6,511.56 4,931.32 3,874.54
2,465.1
9
2,086.11
Depreciation 1,482.36 1,244.24 1,108.04 962.25 724.95 529.18 414.51
ProIit BeIore Tax 4,394.65 2,747.24 5,403.52 3,969.07 3,149.59
1,936.0
1
1,671.60
Tax 1,028.77 569.00 1,228.33 899.56 795.47 645.59 271.65
Fringe BeneIit tax 0.96 0.00 0.00 25.05 21.21 17.35 12.73
DeIerred Tax 349.04 364.04 296.85 154.48 117.74 40.92 1.31
Reported Net ProIit 3,015.88 1,814.20 3,878.34 2,889.98 2,215.17
1,232.1
5
1,385.91
Extraordinary Items 393.76 357.25 1,148.40 92.25 38.82 -0.28 350.28
Adjusted Net ProIit 2,622.12 1,456.95 2,729.94 2,797.73 2,176.35
1,232.4
3
1,035.63
Adjst. below Net ProIit -126.22 0.33 -113.04 81.47 0.00 0.00 -32.66
P & L Balance brought Iorward 6,895.78 5,160.11 4,929.79 3,469.87 2,331.52
1,765.1
4
929.60
Statutory Appropriations 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Appropriations 1,890.58 1,289.28 1,845.25 1,376.95 876.82 665.77 517.71
P & L Balance carried down 7,894.86 5,685.36 6,849.84 5,064.37 3,669.87
2,331.5
2
1,765.14
Dividend 354.94 254.00 359.06 284.07 309.47 194.36 151.43
PreIerence Dividend 0.00 0.00 6.07 6.30 0.00 2.10 0.00


Industry ~~ Finance ~~ Aggregate ProIit & Loss





Industry - Construction - Civil / Turnkey - Large

Year Latest 2011 2010 2009 2008 2007 2006
No. oI Companies 15 7 12 14 14 13 13
INCOME :
Sales Turnover 58,640.61 42,969.14 52,492.28 46,173.94 33,930.55 24,356.74 18,335.1
Excise Duty 755.66 755.66 548.59 450.76 365.03 257.88 219.87
Net Sales 57,884.95 42,213.48 51,943.69 45,723.18 33,565.52 24,098.86 18,115.2
Other Income 2,249.02 1,688.95 2,787.37 1,425.33 1,197.19 644.83 914.22
Stock Adjustments 410.56 364.22 0.91 735.97 414.27 396.03 245.48
Total Income 60,544.53 44,266.65 54,731.97 47,884.48 35,176.98 25,139.72 19,274.9
EXPENDITURE :
Raw Materials 4,638.71 4,533.92 5,701.37 4,500.08 2,578.93 1,377.84 1,159.85
Power & Fuel Cost 1,211.26 1,135.50 987.88 781.48 638.41 564.07 402.39
Employee Cost 2,879.47 2,353.45 2,640.46 2,344.89 1,701.56 1,130.59 721.57
Other ManuIacturing Expenses 37,556.30 25,346.77 31,636.87 29,499.69 22,213.32 16,661.88 11,806.6
Selling and Administration Expenses 3,218.64 2,815.72 3,374.61 3,058.46 2,247.21 1,612.62 1,108.63
Miscellaneous Expenses 1,389.95 1,015.78 971.69 583.34 563.94 450.48 1,308.72
Less: Pre-operative Expenses
Capitalised
55.06 0.00 0.00 55.06 57.22 29.00 5.12
Total Expenditure 50,839.27 37,201.14 45,312.88 40,712.88 29,886.15 21,768.48 16,502.6
Operating ProIit 9,705.26 7,065.51 9,419.09 7,171.60 5,290.83 3,371.24 2,772.30
Interest 3,828.25 3,074.03 2,907.53 2,240.28 1,416.29 906.05 686.19
Gross ProIit 5,877.01 3,991.48 6,511.56 4,931.32 3,874.54 2,465.19 2,086.11
Depreciation 1,482.36 1,244.24 1,108.04 962.25 724.95 529.18 414.51
ProIit BeIore Tax 4,394.65 2,747.24 5,403.52 3,969.07 3,149.59 1,936.01 1,671.60
Tax 1,028.77 569.00 1,228.33 899.56 795.47 645.59 271.65
Fringe BeneIit tax 0.96 0.00 0.00 25.05 21.21 17.35 12.73
DeIerred Tax 349.04 364.04 296.85 154.48 117.74 40.92 1.31
Reported Net ProIit 3,015.88 1,814.20 3,878.34 2,889.98 2,215.17 1,232.15 1,385.91
Extraordinary Items 393.76 357.25 1,148.40 92.25 38.82 -0.28 350.28
Adjusted Net ProIit 2,622.12 1,456.95 2,729.94 2,797.73 2,176.35 1,232.43 1,035.63
Adjst. below Net ProIit -126.22 0.33 -113.04 81.47 0.00 0.00 -32.66
P & L Balance brought Iorward 6,895.78 5,160.11 4,929.79 3,469.87 2,331.52 1,765.14 929.60
Statutory Appropriations 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Appropriations 1,890.58 1,289.28 1,845.25 1,376.95 876.82 665.77 517.71
Go
P & L Balance carried down 7,894.86 5,685.36 6,849.84 5,064.37 3,669.87 2,331.52 1,765.14
Dividend 354.94 254.00 359.06 284.07 309.47 194.36 151.43
PreIerence Dividend 0.00 0.00 6.07 6.30 0.00 2.10 0.00





Industry ~~ Analytical Ratios ~~ Aggregate Key Fin Ratios


Industry - Const-Civil/L
Year Latest 2011 2009 2008 2007 2006 2005 2004 2003 2002
No.Of Companies 11 1 9 11 12 10 9 10 10 10
Key Ratios
Debt-Equity Ratio 1.24 1.55 1.23 1.10 1.10 1.19 1.45 1.43 1.30 1.11
Long Term Debt-Equity Ratio 0.95 1.16 0.90 0.86 0.88 0.96 1.19 1.16 1.00 0.75
Current Ratio 1.43 1.49 1.47 1.60 1.66 1.51 1.29 1.22 1.23 1.22
Turnover Ratios
Fixed Assets 2.28 0.35 2.80 3.07 2.95 2.64 2.20 2.17 2.22 2.07
Inventory 3.86 0.36 3.09 2.90 3.01 4.56 5.09 5.36 5.69 5.36
Debtors 5.25 0.60 5.24 5.86 5.83 5.80 5.64 5.63 4.35 3.84
Interest Cover Ratio 2.53 1.34 2.65 3.31 3.17 2.85 2.36 2.26 2.11 2.17
PBIDTM () 15.37 14.44 15.65 15.61 14.38 13.74 14.29 14.97 16.61 19.53
PBITM () 12.72 10.72 13.36 13.49 12.14 11.30 11.53 11.95 13.59 16.30
PBDTM () 10.35 6.45 10.60 11.52 10.54 9.77 9.41 9.68 10.17 12.02
CPM () 8.55 5.46 8.31 8.77 7.47 8.53 7.79 7.94 7.41 9.73
APATM () 5.89 1.73 6.02 6.65 5.23 6.08 5.03 4.92 4.39 6.51
ROCE () 13.91 1.26 13.23 13.87 12.76 14.16 15.99 18.18 19.21 19.40
RONW () 14.52 0.52 13.30 14.40 11.55 16.81 17.23 18.40 14.46 16.43

Industry ~~ Analytical Ratios ~~ Aggregate Key Fin Ratios


Industry - Const-Civil/L
Year Latest 2011 2009 2008 2007 2006 2005 2004 2003 2002
No.Of Companies 11 1 9 11 12 10 9 10 10 10
Key Ratios
Debt-Equity Ratio 1.24 1.55 1.23 1.10 1.10 1.19 1.45 1.43 1.30 1.11
Long Term Debt-Equity Ratio 0.95 1.16 0.90 0.86 0.88 0.96 1.19 1.16 1.00 0.75
Current Ratio 1.43 1.49 1.47 1.60 1.66 1.51 1.29 1.22 1.23 1.22
Turnover Ratios
Fixed Assets 2.28 0.35 2.80 3.07 2.95 2.64 2.20 2.17 2.22 2.07
Inventory 3.86 0.36 3.09 2.90 3.01 4.56 5.09 5.36 5.69 5.36
Debtors 5.25 0.60 5.24 5.86 5.83 5.80 5.64 5.63 4.35 3.84
Interest Cover Ratio 2.53 1.34 2.65 3.31 3.17 2.85 2.36 2.26 2.11 2.17
PBIDTM () 15.37 14.44 15.65 15.61 14.38 13.74 14.29 14.97 16.61 19.53
Go Go
Go
PBITM () 12.72 10.72 13.36 13.49 12.14 11.30 11.53 11.95 13.59 16.30
PBDTM () 10.35 6.45 10.60 11.52 10.54 9.77 9.41 9.68 10.17 12.02
CPM () 8.55 5.46 8.31 8.77 7.47 8.53 7.79 7.94 7.41 9.73
APATM () 5.89 1.73 6.02 6.65 5.23 6.08 5.03 4.92 4.39 6.51
ROCE () 13.91 1.26 13.23 13.87 12.76 14.16 15.99 18.18 19.21 19.40
RONW () 14.52 0.52 13.30 14.40 11.55 16.81 17.23 18.40 14.46 16.43



Company ~~ General ~~ Rating


]aiprakash Associates Ltd
5dustry :Co5structio5 Civil / Tur5key Large



Rating Date Security Type Amount Rating Rating Type
04-08-2011
Commercial
Paper
1000 A1
25-07-2011
Pass Through
CertiIicates
435 A
Instruments carrying this rating are
considered upper medium grade
instruments and have many
Iavourable investment attributes.
SaIety Ior principal and interest are
considered adequate. Assumptions
that do not materialise may have a
greater impact as compared to the
instruments rated higher.
27-05-2011
Commercial
Paper
500 PR1
Instruments would have superior
capacity Ior repayment oI short-term
promissory obligations. Issuers oI
such instruments will normally be
characterised by leading market
positions in established industries,
high rate oI return on Iunds
employed etc.
27-05-2011
Commercial
Paper
1000 PR1
Instruments would have superior
capacity Ior repayment oI short-term
promissory obligations. Issuers oI
such instruments will normally be
characterised by leading market
positions in established industries,
high rate oI return on Iunds
employed etc.
01-02-2011
Long Term
Debts
13045.66 A
Instruments carrying this rating are
considered upper medium grade
instruments and have many
Iavourable investment attributes.
SaIety Ior principal and interest are
considered adequate. Assumptions
that do not materialise may have a
greater impact as compared to the
instruments rated higher.
01-02-2011 Short Term Debt 13045.66 PR1
Instruments would have superior
capacity Ior repayment oI short-term
promissory obligations. Issuers oI
such instruments will normally be
characterised by leading market
positions in established industries,
high rate oI return on Iunds
employed etc.
13-12-2010
Commercial
Paper
500 PR1
Instruments would have superior
capacity Ior repayment oI short-term
promissory obligations. Issuers oI
such instruments will normally be
characterised by leading market
positions in established industries,
high rate oI return on Iunds
employed etc.
21-10-2010 Debt Progamme 170 LA
Risk Iactors are more variable and
greater in periods oI economic stress.
The protective Iactors are average
and any adverse change in
circumstances, as may be visualised,
may alter the Iundamental strength
and aIIect the timely payment oI
principal and interest as per terms.
21-10-2010
Long Term
Debts
5219 LA
Risk Iactors are more variable and
greater in periods oI economic stress.
The protective Iactors are average
and any adverse change in
circumstances, as may be visualised,
may alter the Iundamental strength
and aIIect the timely payment oI
principal and interest as per terms.
02-08-2010
Non-Convertible
Debentures
500 A
Instruments carrying this rating are
considered upper medium grade
instruments and have many
Iavourable investment attributes.
SaIety Ior principal and interest are
considered adequate. Assumptions
that do not materialise may have a
greater impact as compared to the
instruments rated higher.
09-07-2010
Non-Convertible
Debentures
500 A
Instruments carrying this rating are
considered upper medium grade
instruments and have many
Iavourable investment attributes.
SaIety Ior principal and interest are
considered adequate. Assumptions
that do not materialise may have a
greater impact as compared to the
instruments rated higher.
09-07-2010
Commercial
Paper
1000 PR1
Instruments would have superior
capacity Ior repayment oI short-term
promissory obligations. Issuers oI
such instruments will normally be
characterised by leading market
positions in established industries,
high rate oI return on Iunds
employed etc.
29-06-2010 Short Term Debt 200 PR1
Instruments would have superior
capacity Ior repayment oI short-term
promissory obligations. Issuers oI
such instruments will normally be
characterised by leading market
positions in established industries,
high rate oI return on Iunds
employed etc.
15-06-2010 Short Term Debt 16434.22 PR1
Instruments would have superior
capacity Ior repayment oI short-term
promissory obligations. Issuers oI
such instruments will normally be
characterised by leading market
positions in established industries,
high rate oI return on Iunds
employed etc.
15-06-2010
Long Term
Debts
16434.22 A
Instruments carrying this rating are
considered upper medium grade
instruments and have many
Iavourable investment attributes.
SaIety Ior principal and interest are
considered adequate. Assumptions
that do not materialise may have a
greater impact as compared to the
instruments rated higher.
29-04-2010 Short Term Debt 200 PR1
Instruments would have superior
capacity Ior repayment oI short-term
promissory obligations. Issuers oI
such instruments will normally be
characterised by leading market
positions in established industries,
high rate oI return on Iunds
employed etc.
21-12-2009
Commercial
Paper
500 PR1
Instruments would have superior
capacity Ior repayment oI short-term
promissory obligations. Issuers oI
such instruments will normally be
characterised by leading market
positions in established industries,
high rate oI return on Iunds
employed etc.
21-12-2009
Non-Convertible
Debentures
500 A
Instruments carrying this rating are
considered upper medium grade
instruments and have many
Iavourable investment attributes.
SaIety Ior principal and interest are
considered adequate. Assumptions
that do not materialise may have a
greater impact as compared to the
instruments rated higher.
28-10-2009 Debt Progamme 2175 A1
The prospect oI timely payment oI
debt/obligation is the best.
28-10-2009
Long Term
Debts
5219 LA
Risk Iactors are more variable and
greater in periods oI economic stress.
The protective Iactors are average
and any adverse change in
circumstances, as may be visualised,
may alter the Iundamental strength
and aIIect the timely payment oI
principal and interest as per terms.
10-08-2009
Long Term
Debts
500 A
Instruments carrying this rating are
considered upper medium grade
instruments and have many
Iavourable investment attributes.
SaIety Ior principal and interest are
considered adequate. Assumptions
that do not materialise may have a
greater impact as compared to the
instruments rated higher.
10-07-2009
Non-Convertible
Debentures
900 A
Instruments carrying this rating are
considered upper medium grade
instruments and have many
Iavourable investment attributes.
SaIety Ior principal and interest are
considered adequate. Assumptions
that do not materialise may have a
greater impact as compared to the
instruments rated higher.
18-06-2009 Short Term Debt 200 PR1
Instruments would have superior
capacity Ior repayment oI short-term
promissory obligations. Issuers oI
such instruments will normally be
characterised by leading market
positions in established industries,
high rate oI return on Iunds
employed etc.
18-06-2009 Short Term Debt 0 PR1
Instruments would have superior
capacity Ior repayment oI short-term
promissory obligations. Issuers oI
such instruments will normally be
characterised by leading market
positions in established industries,
high rate oI return on Iunds
employed etc.
05-02-2009
Long Term
Debts
930 BBB
Such instruments are considered to
be oI investment grade. They
indicate suIIicient saIety Ior payment
oI interest and principal, at the time
oI rating. However, adverse changes
in assumptions are more likely to
weaken the debt servicing capability
compared to the higher rated
instruments.
30-07-2008
Long Term
Debts
500 A
Instruments carrying this rating are
considered upper medium grade
instruments and have many
Iavourable investment attributes.
SaIety Ior principal and interest are
considered adequate. Assumptions
that do not materialise may have a
greater impact as compared to the
instruments rated higher.
30-07-2008
Long Term
Debts
500 A
Instruments carrying this rating are
considered upper medium grade
instruments and have many
Iavourable investment attributes.
SaIety Ior principal and interest are
considered adequate. Assumptions
that do not materialise may have a
greater impact as compared to the
instruments rated higher.
15-05-2008
Non-Convertible
Debentures
50 A
Instruments carrying this rating are
considered upper medium grade
instruments and have many
Iavourable investment attributes.
SaIety Ior principal and interest are
considered adequate. Assumptions
that do not materialise may have a
greater impact as compared to the
instruments rated higher.
15-05-2008
Non-Convertible
Debentures
150 A
Instruments carrying this rating are
considered upper medium grade
instruments and have many
Iavourable investment attributes.
SaIety Ior principal and interest are
considered adequate. Assumptions
that do not materialise may have a
greater impact as compared to the
instruments rated higher.
15-05-2008 Short Term Debt 200 PR1
Instruments would have superior
capacity Ior repayment oI short-term
promissory obligations. Issuers oI
such instruments will normally be
characterised by leading market
positions in established industries,
high rate oI return on Iunds
employed etc.
15-12-2006
Non-Convertible
Debentures
280 AA
Instruments carrying this rating are
judged to be oI high quality by all
standards. They are also classiIied as
high investment grade. They are
rated lower than CARE AAA
securities because oI somewhat
lower margins oI protection.
Changes in assumptions may have a
greater impact or the long-term risks
may be somewhat larger. Overall, the
diIIerence with CARE AAA rated
securities is marginal.
15-12-2006
Non-Convertible
Debentures
50 A
Instruments carrying this rating are
considered upper medium grade
instruments and have many
Iavourable investment attributes.
SaIety Ior principal and interest are
considered adequate. Assumptions
that do not materialise may have a
greater impact as compared to the
instruments rated higher.
11-10-2006
Non-Convertible
Debentures
50 A
Instruments carrying this rating are
considered upper medium grade
instruments and have many
Iavourable investment attributes.
SaIety Ior principal and interest are
considered adequate. Assumptions
that do not materialise may have a
greater impact as compared to the
instruments rated higher.
11-10-2006
Non-Convertible
Debentures
300 A
Instruments carrying this rating are
considered upper medium grade
instruments and have many
Iavourable investment attributes.
SaIety Ior principal and interest are
considered adequate. Assumptions
that do not materialise may have a
greater impact as compared to the
instruments rated higher.
11-10-2006
Commercial
Paper/Short
Term Debt
100 PR1
Instruments would have superior
capacity Ior repayment oI short-term
promissory obligations. Issuers oI
such instruments will normally be
characterised by leading market
positions in established industries,
high rate oI return on Iunds
employed etc.
05-05-2006 Short Term Debt 145 PR1
Instruments would have superior
capacity Ior repayment oI short-term
promissory obligations. Issuers oI
such instruments will normally be
characterised by leading market
positions in established industries,
high rate oI return on Iunds
employed etc.
17-01-2006
Non-Convertible
Debentures
720 AA
Instruments carrying this rating are
judged to be oI high quality by all
standards. They are also classiIied as
high investment grade. They are
rated lower than CARE AAA
securities because oI somewhat
lower margins oI protection.
Changes in assumptions may have a
greater impact or the long-term risks
may be somewhat larger. Overall, the
diIIerence with CARE AAA rated
securities is marginal.
22-06-2005
Non-Convertible
Debentures
50 A
Instruments carrying this rating are
considered upper medium grade
instruments and have many
Iavourable investment attributes.
SaIety Ior principal and interest are
considered adequate. Assumptions
that do not materialise may have a
greater impact as compared to the
instruments rated higher.
11-01-2005 Short Term Debt 160 PR1
Instruments would have superior
capacity Ior repayment oI short-term
promissory obligations. Issuers oI
such instruments will normally be
characterised by leading market
positions in established industries,
high rate oI return on Iunds
employed etc.
30-09-2004
Non-Convertible
Debentures
600 AA
Instruments carrying this rating are
judged to be oI high quality by all
standards. They are also classiIied as
high investment grade. They are
rated lower than CARE AAA
securities because oI somewhat
lower margins oI protection.
Changes in assumptions may have a
greater impact or the long-term risks
may be somewhat larger. Overall, the
diIIerence with CARE AAA rated
securities is marginal.
26-08-2004
Non-Convertible
Debentures
50 A
Instruments carrying this rating are
considered upper medium grade
instruments and have many
Iavourable investment attributes.
SaIety Ior principal and interest are
considered adequate. Assumptions
that do not materialise may have a
greater impact as compared to the
instruments rated higher.






Company ~~ General ~~ Directors


]aiprakash Associates Ltd
5dustry :Co5structio5 Civil / Tur5key Large



Designation Name Remunerations
Founder Chairman Jaiprakash Gaur -
Executive Chairman & CEO Manoj Gaur 15,970,222.00
Executive Chairman & CEO Manoj Gaur 20,996,400.00
Executive Vice Chairman Sunil Kumar Sharma 15,279,329.00
Executive Vice Chairman Sunil Kumar Sharma 19,700,722.00
Vice Chairman Sarat Kumar Jain -
Vice Chairman Sarat Kumar Jain 380,000.00
Nominee (LIC) A K Sahoo -
Nominee (LIC) A K Sahoo 200,000.00
Nominee (IDBI) B Samal -
Director R N Bhardwaj 240,000.00
Director Gopi K Arora -
Director S C Bhargava 180,000.00
Director R N Bhardwaj -
Director B K Goswami 380,000.00
Director S C Bhargava -
Director B K Taparia 300,000.00
Director B K Goswami -
Director S C Gupta 140,000.00
Director M S Srivastava 100,000.00
Director B K Taparia -
Managing Director Sunny Gaur 8,400,652.00
Director S C Gupta -
Joint Managing Director Pankaj Gaur 7,377,606.00
Director M S Srivastava -
Whole-time Director R K Singh 4,665,955.00
Managing Director Sunny Gaur 4,885,035.00
Whole-time Director Ranvijay singh 5,796,198.00
Joint Managing Director Pankaj Gaur 4,362,863.00
Director (Finance) S D Nailwal 5,317,270.00
Whole-time Director R K Singh -
Company Secretary Harish K Vaid -
Whole-time Director Ranvijay singh -
Director V K Chopra 80,000.00
Director (Finance) S D Nailwal -
Director B Samal 60,000.00
Director V K Chopra -
Independent Director J N Gupta -
Director B Samal -
Whole-time Director Rahul Kumar -
Nominee (IDBI) Viney Kumar -



Company ~~ General ~~ Bank


]aiprakash Associates Ltd
5dustry :Co5structio5 Civil / Tur5key Large



AKA Export Finance Bank
Allahabad Bank
Andhra Bank
Axis Bank Ltd
Bank oI Baroda
Bank oI Bhutan
Bank oI India
Bank oI Maharashtra
Canara Bank
Central Bank oI India
Citibank N A
Corporation Bank
Export-Import Bk oI India
HDFC Bank Ltd
HSBC
ICICI Bank Ltd
Indian Bank
Indian Overseas Bank
Indusind Bank Ltd
Jammu & Kashmir Bank Ltd
Karnataka Bank Ltd
Karur Vysya Bank Ltd
Kotak Mahindra Bank Ltd
Oriental Bank oI Commerce
Punjab and Sind Bank
Punjab National Bank
ReIidian Bank
Royal Bank oI Scotland
Standard Chartered Bank
State Bank oI B J
State Bank oI Hyderabad
State Bank oI India
State Bank oI Indore
State Bank oI Mysore
State Bank oI Patiala
State Bank oI Travancore
Syndicate Bank
UCO Bank
Union Bank oI India
United Bank oI India
Yes Bank Ltd

Company ~~ General ~~ Bank


]aiprakash Associates Ltd
5dustry :Co5structio5 Civil / Tur5key Large



AKA Export Finance Bank
Allahabad Bank
Andhra Bank
Axis Bank Ltd
Bank oI Baroda
Bank oI Bhutan
Bank oI India
Bank oI Maharashtra
Canara Bank
Central Bank oI India
Citibank N A
Corporation Bank
Export-Import Bk oI India
HDFC Bank Ltd
HSBC
ICICI Bank Ltd
Indian Bank
Indian Overseas Bank
Indusind Bank Ltd
Jammu & Kashmir Bank Ltd
Karnataka Bank Ltd
Karur Vysya Bank Ltd
Kotak Mahindra Bank Ltd
Oriental Bank oI Commerce
Punjab and Sind Bank
Punjab National Bank
ReIidian Bank
Royal Bank oI Scotland
Standard Chartered Bank
State Bank oI B J
State Bank oI Hyderabad
State Bank oI India
State Bank oI Indore
State Bank oI Mysore
State Bank oI Patiala
State Bank oI Travancore
Syndicate Bank
UCO Bank
Union Bank oI India
United Bank oI India
Yes Bank Ltd

IPO ~~ Issues ~~ Issues Open


Issues Open
SC
Code
Company
Issue Size (Rs.
Cr)
Opens Closes
OIIer
Price
List
Price
Var(
)
Subscription
Upto
1000
Above
1000
Total

PG
Electroplast
Ltd
(Book Built
Portion)
109.16-120.65 07-Sep-2011 12-Sep-2011 190-210 - NA - - -
500312
Oil &
Natural Gas
Corpn Ltd
(Book Built
Portion)
NA 20-Sep-2011 23-Sep-2011 0 - NA - - -



IPO ~~ Issues ~~ Issues Open


Issues Open
SC
Code
Company
Issue Size (Rs.
Cr)
Opens Closes
OIIer
Price
List
Price
Var(
)
Subscription
Upto
1000
Above
1000
Total

PG
Electroplast
Ltd
(Book Built
Portion)
109.16-120.65 07-Sep-2011 12-Sep-2011 190-210 - NA - - -
500312
Oil &
Natural Gas
Corpn Ltd
(Book Built
Portion)
NA 20-Sep-2011 23-Sep-2011 0 - NA - - -