Jai Corporation

[wizrulz]

One will get the bonus shares if he bought before the split (you can see that the price went down 95% which is equivalent to splitting the share into 20 (10 split and 1 bonus for each split). The shares currently held in the account will get the current market price. Hope this helps...

I meant...see suppose i have 5 shares..so accordingly it should be 100....
but it will be shown in my ICICI account say after 20 days...and i have to sell before it is hown in my account....

So i will be at loss....means if i decide to sell 3...what will happen to those 57/ oe what will be teh applicable price??

 

[sairam]

Dear JVora & Jnj333,

Thanks for your feedback. I guess one can hold 50% of RIIL & 50% of Jai, to balance the risk & gains. However, problem today is we just can't get even 1 share of both stocks - in beginning minutes of trade itself, it's get's into UC and is frozen. I'll keep trying....let's hope for the best.

 

[judemit]

I meant...see suppose i have 5 shares..so accordingly it should be 100....
but it will be shown in my ICICI account say after 20 days...and i have to sell before it is hown in my account....

So i will be at loss....means if i decide to sell 3...what will happen to those 57/ oe what will be teh applicable price??

Suppose if you bought 5 shares at 15000/- (before the split). After the bonus and split these 5 shares will be 5*10*2 = 100. Since the shares are not credited yet, in your ICICI account you still see 5 shares (which means that 95 shares yet to be credited).

If you see your 5 shares(currently listed in the ICICI account) you will get the current market price. When the 95 (bonus and split shares) get credited you can sell them as well. To make it simple, if you sell one share now you are basically selling 1/20th of your original share. Hope this helps.

 

[vishnuindian]

when can we buy jai corp

now no seller is available.. ? ??



assist me

 

[jnj333]

A RECENT ARTICLE in MEDIA THOUGH IT IS DENIED BY THE MANAGEMENT


The Anand Jain promoted Jai Corp Ltd, which has been traditionally into manufacturing businesses like steel, plastic processing and spinning yarn, is planning to raise a venture capital corpus of Rs 40,000 crore through its wholly owned subsidiary, Urban Infrastructure Venture Capital (Pvt) Ltd. Jai Corp has already committed a capital of Rs 22,000 crore in 12 cities in India. The major investments would be in multiuse projects and townships (22% each), residential (15%) commercial (14%), industrial township (12%) and hospitality (6%).

UIVCPL will be a venture capital company with a focus on the real estate sector.

The UIVCPL is Indian advisor to Urban Infrastructure Real Estate Fund (UIREF), a Mauritius-based offshore fund for investing in the Indian real estate sector, said Anand Jain. Jai Corp acquired UIVCPL on September 20 this year. Jai Corp is a major promoter in developing the 5,250-acre Navi Mumbai Special Economic Zone, apart from Mukesh Ambani led Reliance Industries Ltd (RIL). Jai Corp is focusing on developing one of the largest special economic zones in India. Jai Corp has invested in two multi product special economic zones near Mumbai - Navi Mumbai SEZ (NMSEZ) and Mumbai SEZ (MSEZ). Both the SEZs are being conceived and developed as a futuristic business hub and gateway for trade, commerce, industry, service and tourism. The NMSEZ will be set up as a joint venture with the City and Industrial Development Corporation (CIDCO) of Maharashtra holding 26%, and RIL holding the rest with Jay Corp. Out of the total SEZ area, 15% will be earmarked for residential purposes and the remaining 85% for industrial purposes. According to company estimates, both the MSEZ and NMSEZ will be set up with an initial investment of $5.4 billion, and will see further investment of $5.4 bn over the next decade. Sources said UIVCPL will raise funds from various venture capitalists for future development. Interestingly, besides developing the SEZs, Jai Corp is also developing airports, roads and bridges in the Navi Mumbai area.

 

[vishnuindian]

A RECENT ARTICLE in MEDIA THOUGH IT IS DENIED BY THE MANAGEMENT


The Anand Jain promoted Jai Corp Ltd, which has been traditionally into manufacturing businesses like steel, plastic processing and spinning yarn, is planning to raise a venture capital corpus of Rs 40,000 crore through its wholly owned subsidiary, Urban Infrastructure Venture Capital (Pvt) Ltd. Jai Corp has already committed a capital of Rs 22,000 crore in 12 cities in India. The major investments would be in multiuse projects and townships (22% each), residential (15%) commercial (14%), industrial township (12%) and hospitality (6%).

UIVCPL will be a venture capital company with a focus on the real estate sector.

The UIVCPL is Indian advisor to Urban Infrastructure Real Estate Fund (UIREF), a Mauritius-based offshore fund for investing in the Indian real estate sector, said Anand Jain. Jai Corp acquired UIVCPL on September 20 this year. Jai Corp is a major promoter in developing the 5,250-acre Navi Mumbai Special Economic Zone, apart from Mukesh Ambani led Reliance Industries Ltd (RIL). Jai Corp is focusing on developing one of the largest special economic zones in India. Jai Corp has invested in two multi product special economic zones near Mumbai - Navi Mumbai SEZ (NMSEZ) and Mumbai SEZ (MSEZ). Both the SEZs are being conceived and developed as a futuristic business hub and gateway for trade, commerce, industry, service and tourism. The NMSEZ will be set up as a joint venture with the City and Industrial Development Corporation (CIDCO) of Maharashtra holding 26%, and RIL holding the rest with Jay Corp. Out of the total SEZ area, 15% will be earmarked for residential purposes and the remaining 85% for industrial purposes. According to company estimates, both the MSEZ and NMSEZ will be set up with an initial investment of $5.4 billion, and will see further investment of $5.4 bn over the next decade. Sources said UIVCPL will raise funds from various venture capitalists for future development. Interestingly, besides developing the SEZs, Jai Corp is also developing airports, roads and bridges in the Navi Mumbai area.

Great news


so will jai corporation will reach again 15 000 mark...???


but we cant able to buy now...
no sellers availabel now??/ how to buy ??

 

[saahilkhan424]

hi i ve got 6551 vishexpo @ rate of 3.4 it seems lke it wont come up what should i do i can wait for 3 months more

 

[AmoghG]

Great news


so will jai corporation will reach again 15 000 mark...???


but we cant able to buy now...
no sellers availabel now??/ how to buy ??

Watch out for lower circuits from this Monday as some people sell off for profits... that's the time to get in!!

 

[satx]

I see only split shares in my icici trading account. I dont see bonus shares yet. Does that take time? I thought split and bonus both should be reflected at the same. Please let me know about this.

 

[AmoghG]

They will be shown after end of no delivery period, ie from Monday.