Blue Jet Healthcare Limited
Mainboard₹14,878 / 43 Shares
Blue Jet Healthcare Limited IPO Details
The Blue Jet Healthcare Limited IPO price band is set between ₹329-346 per equity share, with a face value of ₹2 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 25 Oct, 2023 and closes on 27 Oct, 2023. Investors can check the allotment status on 30 Oct, 2023, while the listing date is tentatively scheduled for 1 Nov, 2023.
The total issue size is Offer for Sale : 24,285,160 shares, aggregating up to ₹840.27 Cr. Stay tuned for the latest Blue Jet Healthcare Limited IPO review and GMP updates.
Blue Jet Healthcare Limited IPO Review, Rating & Analysis
Blue Jet Healthcare Limited IPO Review
NO REVIEWBlue Jet Healthcare Limited IPO Rating
Blue Jet Healthcare Limited IPO Highlights
IPO Date
Oct 25, 2023 - Oct 27, 2023
Listing Date
1 Nov, 2023
Face Value
₹2 Per Equity Share
Price Band
₹329-346 per equity share
Lot Size
43 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Blue Jet Healthcare Limited IPO Lot Size
The minimum market lot for Blue Jet Healthcare Limited IPO is 43 shares with an application amount of ₹14,878. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 43 | ₹14,878 |
| Retail (Max) | 13 | 559 | ₹1,93,414 |
| S-HNI (Min) | 14 | 602 | ₹2,08,292 |
| S-HNI (Max) | 67 | 2881 | ₹9,96,826 |
| B-HNI (Min) | 68 | 2924 | ₹10,11,704 |
Blue Jet Healthcare Limited IPO Timeline
Issue Price
₹329-346 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
Kotak Mahindra Capital Company LimitedICICI Securities LimitedJ.P. Morgan India Private LimitedIssue Size
Offer for Sale : 24,285,160 shares(aggregating up to ₹840.27 Cr)Blue Jet Healthcare Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 826.07 | 744.94 | 160.03 | - | - | - |
| 31 Mar 22 | 713.38 | 702.88 | 181.59 | - | - | - |
| 31 Mar 21 | 536.27 | 507.81 | 135.79 | - | - | - |
| 31 Mar 20 | 375.39 | 544.01 | 144.96 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Akshay Bansarilal Arora
- Shiven Akshay Arora
- Archana & Akshay Arora
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 86% |
About Company
Blue Jet Healthcare is a pharmaceutical and healthcare ingredient and an intermediate company. Blue Jet Healthcare was the first manufacturer of saccharin and its salts (artificial sweeteners) in India.They later expanded into contrast media intermediates, which are used in CT scans and MRIs.
Blue Jet Healthcare is a global, science-led pharmaceutical company. They are the provider of:
Process development and production capabilities
Global regulatory support
Collaboration, development, and manufacturing of advanced pharmaceutical intermediates and API.
As of September 2022, the company has catered to more than 350 customers in 35 countries.
Blue Jet Healthcare Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 4,857,032 | 3,642,774 2,428,516 1,214,258 | 8,499,806 | 16,999,612 |
Day 1 -25-10-23 05:00 PM | 0.01 x | 1.37 1.27 x 1.57 x | 0.78 x | 0.69 x |
Day 2 -26-10-23 05:00 PM | 0.09 x | 2.84 2.72 x 3.07 x | 1.37 x | 1.32 x |
Day 3 -27-10-23 05:00 PM | 13.72 x | 13.59 15.65 x 9.48 x | 2.24 x | 7.95 x |
1.99 times
Frequently Asked Questions about Blue Jet Healthcare Limited IPO
When will Blue Jet Healthcare Limited IPO open for subscription?
The Blue Jet Healthcare Limited IPO opens on 25 Oct, 2023 and closes on 27 Oct, 2023.
What is the investors portion for Blue Jet Healthcare Limited IPO?
The investors' portion for QIB is 13.72 x, NII is 15.65 x, and Retail is 2.24 x.
How to apply for Blue Jet Healthcare Limited IPO?
You can apply for Blue Jet Healthcare Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Blue Jet Healthcare Limited IPO?
The issue size of Blue Jet Healthcare Limited IPO is approx ₹Offer for Sale : 24,285,160 shares(aggregating up to ₹840.27 Cr) crores.
What is the price band of Blue Jet Healthcare Limited IPO?
The price band for Blue Jet Healthcare Limited IPO is ₹329 to ₹346 per equity share.
What is the lot size of Blue Jet Healthcare Limited IPO?
The minimum bid (lot size) for Blue Jet Healthcare Limited IPO is N/A shares with an investment of approx ₹14,878 .
What is the allotment date of Blue Jet Healthcare Limited IPO?
The allotment date for Blue Jet Healthcare Limited IPO is 30 Oct, 2023.
What is the listing date of Blue Jet Healthcare Limited IPO?
The listing date for Blue Jet Healthcare Limited IPO is expected to be 1 Nov, 2023.
What is the GMP of Blue Jet Healthcare Limited IPO?
The latest Grey Market Premium (GMP) for Blue Jet Healthcare Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.