Jaypee Group

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Indian diversified conglomerate

title: "Jaypee Group" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["jaypee-group", "companies-based-in-noida", "companies-listed-on-the-bombay-stock-exchange", "companies-listed-on-the-national-stock-exchange-of-india", "indian-brands", "indian-companies-established-in-1979", "conglomerate-companies-established-in-1979", "1979-establishments-in-uttar-pradesh"] description: "Indian diversified conglomerate" topic_path: "geography/india" source: "https://en.wikipedia.org/wiki/Jaypee_Group" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Indian diversified conglomerate ::

::data[format=table title="Infobox company"]

FieldValue
nameJaypee Group
typePublic
logoJaypee Group Logo.svg
logo_size200px
founderJaiprakash Gaur
foundation
locationNoida, Uttar Pradesh, India
industryConglomerate
products{{Plainlist
num_employees8000 (2025)
subsid{{Plainlist
}}{{cite weburl
publisherJalindia.com
revenue(2021)
website
::

| name = Jaypee Group | type = Public | logo = Jaypee Group Logo.svg | logo_size = 200px | founder = Jaiprakash Gaur | foundation = | location = Noida, Uttar Pradesh, India | industry = Conglomerate | products = {{Plainlist|

  • Engineering
  • Construction
  • Power
  • Fertilizer
  • Hospitality
  • Healthcare
  • Expressways
  • Information Technology}} | num_employees = 8000 (2025) | subsid = {{Plainlist|
  • Jaiprakash Power Ventures Limited (JPVL)
  • Jaypee Karcham Hydro Corporation Limited (JKHCL)
  • Jaypee Arunachal Power Limited
  • Bina Power Supply Co. Limited
  • Jaypee Power Grid Ltd (JPL)
  • Bhilai Jaypee Cement Limited (BJCL)
  • Gujarat Jaypee Cement & Infrastructure Limited (GJCIL)
  • Bokaro Jaypee Cement Limited (BOJCL)
  • Madhya Pradesh Jaypee Minerals Limited (MPJML)
  • Jaypee Infratech Limited (JIL)
  • Jaypee Ganga Infrastructure Corporation Limited (JGICL)
  • Himalayan Expressway Ltd
  • JPSK Sports Pvt Ltd |publisher=Jalindia.com |access-date=24 September 2010 |url-status=dead |archive-url=https://web.archive.org/web/20100818014333/http://www.jalindia.com/subsidiaries.htm |archive-date=18 August 2010 }} | key_people = | revenue = (2021) | website = ::figure[src="https://upload.wikimedia.org/wikipedia/commons/4/49/Sardar_Sarovar_Dam_2006,_India.jpg" caption="[[Sardar Sarovar Dam]], India"] ::

::figure[src="https://upload.wikimedia.org/wikipedia/commons/3/33/Tehri_dam_india.jpg" caption="[[Tehri Dam]] India – the largest rock and earth fill dam in Asia, completed by Jaypee"] ::

Jaiprakash Associates Limited, commonly known as Jaypee Group, is an Indian conglomerate (Now acquired by Adani Group subject to CCI approval) headquartered in Noida, Uttar Pradesh, with interests in engineering, construction, power, real estate, hospitality, IT, sports and education (non-profit). Facing claims of Rs 57,185 crore from creditors, Allahabad bench of the National Company Law Tribunal admitted JAL for insolvency in 2024.

Overview

Manoj Gaur is the elder son of Jaiprakash Gaur. He is the Chairman of Jaiprakash Associates Limited. Jaypee has cement production and private sector hydropower company with 1,700 MW in operation. The Jaypee Group successfully completed projects in 18 states of India and Bhutan. Jaypee is the engineering and construction company for India's Yamuna Expressway, which opened 9 August 2012.

JIL, the group flagship, has an engineering and construction wing which mostly supports Jaypee projects. It also has the largest land bank in India's National Capital Region, i.e., New Delhi. Jaypee has two thermal power plants (Bina Thermal Power plant – 500 MW and Nigrie Thermal Power Plant – 2X660 MW).

History

Jaiprakash Gaur founded the conglomerate in 1979. After acquiring a Diploma in Civil Engineering in 1950 from the now called Indian Institute of Technology Roorkee (IITR) in Roorkee, Uttarakhand, he had a stint with the Government of Uttar Pradesh. Later he became an entrepreneur, starting as a civil contractor in 1958.

  • 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.
  • 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 (having 114 M high concrete dam and underground powerhouse having 4x180 MW generators) for Mangdechhu Hydro Electric Power Project Authority in Bhutan.
  • 2022 - Dalmia Bharat signed a binding agreement to acquire Jaiprakash Associates’ cement, clinker and power plants at an enterprise value of Rs 5,666 crore.
  • 2025 - Vedanta acquires Jaiparkash Associates in Rs 17,000 crore bid.

Controversies

  • In November 2017, the Supreme Court of India barred the directors from selling their personal assets.
  • Due to debt, Jaiprakash Associates did not pay back its fixed deposit holders on time. The National Company Law Tribunal had extended the deadline to 31 March 2017 to settle the same.
  • As of 2022, the company had attracted the notice of several US-based mutual funds and ETFs, who reported owning significant positions in the company. Investors in the company include Dimensional Fund Advisors and WisdomTree.

References

References

  1. Sanjeev Choudhary. (25 March 2009). "Jaypee Group keeps head above water". The Economic Times.
  2. "Jaiprakash Associates Management Information - Details of Jaiprakash Associates Management".
  3. (2025-08-05). "JAL insolvency: CCI clears Dalmia Bharat’s bid to acquire Jaiprakash Associates; other bidders include Adani, Vedanta, Jindal Power". [[The Times of India]].
  4. (2014-10-13). "Lenders review Jaypee Group's debt". The Economic Times.
  5. Sharma, Ravi Teja. (2012-08-09). "Yamuna Expressway opening is Jaypee's free ride to Lucknow". The Economic Times.
  6. (26 August 2014). "Shree Cement-JP Associates' Rs. 360 Cr Deal". Bloomberg TV India.
  7. (28 July 2014). "Reliance Power shares up on Jaiprakash hydro-power Deal". news.biharprabha.com.
  8. "UltraTech completes acquisition of Jaiprakash group cement business". The Economic Times.
  9. "Mangdechhu Hydroelectric Project, Bhutan".
  10. "History".
  11. Sreedhar, Vidya. (2022-12-12). "Dalmia Bharat to acquire Jaypee Group's cement assets for Rs 5,666 crore". The Economic Times.
  12. (13 December 2022). "Dalmia inks Rs 5,666-crore deal for Jaypee assets; To buy cement, clinker power units".
  13. (2025-07-04). "Vedanta acquires Jaiparkash Associates in Rs 17,000 crore bid - Financial Express".
  14. www.ETRealty.com. "SC bars Jaypee promoters, directors from selling personal assets - ET RealEstate".
  15. "Letter to fixed deposit holders". Jalindia.com.
  16. "NCLT order".
  17. (27 May 2020). "SFIO to probe Jaiprakash Associates, Jaypee Infratech for financial irregularities".
  18. "Jaiprakash Power Ventures Institutional Ownership".

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jaypee-groupcompanies-based-in-noidacompanies-listed-on-the-bombay-stock-exchangecompanies-listed-on-the-national-stock-exchange-of-indiaindian-brandsindian-companies-established-in-1979conglomerate-companies-established-in-19791979-establishments-in-uttar-pradesh