Jaypee Infratech Limited which is tapping the capital markets with a public issue which opens on Thursday the 29th of April and closes on Tuesday the 4th of May has announced a price band of Rs 102-117. The issue comprises of a fresh offer of Rs 1650 crs and an offer for sale by M/s Jaypee Associates, the promoter of the company of 6 cr shares. The offer for sale would realise Rs 612 crs at the lower band and Rs 702 crs at the top end of the price band.

The total issue size would therefore be between Rs 2262 crs to Rs 2352 crs.