*Readying to Take-Off*.
Jaypee Infra tech Ltd
JIL had sold 30000 units{ residential apartments} which are incomplete. JIL needs total investment of roughly 6000 crores to complete these apartments for possession. Receipt of funds from Yes Bank will enable JIL to commence construction and JIL will start getting construction linked EMIs from home buyers.
*JIL has to receive roughly whopping 18000 CR {receivables}from these home buyers against completion*
*Big Trigger: Jaypee Infratech Ltd*
Yes Bank has approved disbursement of Rs 1100 crore to JIL against securitization of Toll collection of its 165 km long Yamuna expressway ( discounting future Cash earnings ).
JIL will use this money for resuming construction of its incomplete Residential projects. Once construction of real estate projects starts, JIL can expect big inflow of funds by way of construction linked payment from home buyers
Sure Shot MULTIBAGGER
TP in 3 DIGITS in 2-3 years
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