Business Today

Promoter/group: Jaiprakash Gaur/

Jaypee Group

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Companies: Jaiprakash Associates, Jaiprakash Power Ventures

Lost control of: Jaypee Infratech

Peak valuation (FY End): `45,951 crore (March 2010)

Current valuation: `7,030 crore (as on July 15)

Current debt: `25,715 crore (March 2020)

Reason for insolvency: Cost escalation of projects, unrelated diversific­ation

Insolvency claims admitted: `22,600 crore

Status: Financial creditors and homebuyers have approved takeover by Mumbai-based Suraksha Group

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