Blue Jet Healthcare Limited IPO

Mainboard

Pharmaceuticals

Listed On: Nov 1, 2023 at ₹ 380.0(NSE)

₹ 14878 /43 Shares

Check Allotment

Price Summary

Last Closing

516.30 (49.22%)

52 Week High

547.00

52 Week Low

319.50

Last Update

19-Sep-2024 3:30 PM

Blue Jet Healthcare Limited IPO Details

25 Oct, 2023

Open Date

27 Oct, 2023

Close Date

30 Oct, 2023

Allotment Date

01 Nov, 2023

Listing Date

Issue Price

₹329-346 per equity share

Face Value

₹2 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

380.0(NSE)

Listing Date

2023-11-01

Market Lot

Retail : 43 Shares (₹14,878/-)
S-HNI : 602 Shares (₹2,08,292/-)
B-HNI : 2,924 Shares (₹10,11,704/-)

Lead Manager

Kotak Mahindra Capital Company Limited
ICICI Securities Limited
J.P. Morgan India Private Limited

Issue Size

Offer for Sale : 24,285,160 shares(aggregating up to ₹840.27 Cr)

Retail Portion

35% (Number of Retail Applications: 1,97,670 Approx),
(Number of S-HNI Applications : 2,017 Approx),
(Number of B-HNI Applications : 4,034 Approx)

Subscription

7.95 times

IPO Docs

DRHP RHP ANCHOR

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

Total No. of Applications: 393,163 (Approx)

Retail Subscription on the basis of Applications: 1.99 times

Blue Jet Healthcare Limited Valuations

Earnings Per Share (EPS)

₹9.23/-

P/E Ratio

37.49

RoNW

23.48%

Net Asset Value (NAV) - As on 31.03.22

₹N/A

Blue Jet Healthcare Limited Company Financials All values are in ₹ Cr.

	31-Mar-23	31-Mar-22	31-Mar-21	31-Mar-20
Assets	826.07	713.38	536.27	375.39
Revenue	744.94	702.88	507.81	544.01
Profit After Tax	160.03	181.59	135.79	144.96

About The 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 - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 86%

Company Promoter(s)

Akshay Bansarilal Arora
Shiven Akshay Arora
Archana & Akshay Arora

Blue Jet Healthcare Limited IPO - Issue Objectives

The company will not receive any proceeds from the Offer and all the Offer Proceeds will be received by the Selling Shareholders, in proportion to the Offered Shares sold by the respective Selling Shareholders as part of the Offer.

Blue Jet Healthcare Limited IPO - Anchor Investors

Blue Jet Healthcare raises Rs 252 crore via anchor book ahead of IPO.

Global and domestic investors participated in the anchor book included Government Pension Fund Global, ICICI Prudential Mutual Fund, HDFC Mutual Fund, Nippon Life, Bandhan Mutual Fund, Aditya Birla Sun Life Insurance Company, HSBC Global, Edelweiss Trusteeship, Troo Capital, Societe Generale, M3 Investment, BNP Paribas Arbitrage, Singularity Growth Opportunities Fund, and Integrated Core Strategies (Asia).

Blue Jet Healthcare Limited IPO - FAQs

Ans. Blue Jet Healthcare Limited IPO is a Mainboard IPO. The issue is priced at ₹329-346 per equity share. The minimum order quantity is 43 Shares. The IPO opens on Oct 25, 2023, and closes on Oct 27, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Blue Jet Healthcare Limited IPO opens on Oct 25, 2023 and closes on Oct 27, 2023.

Ans. The size of Blue Jet Healthcare Limited IPO is Offer for Sale : 24,285,160 shares(aggregating up to ₹840.27 Cr).

Ans. The IPO price band is set between ₹329-346 per equity share.

Ans. To apply for Blue Jet Healthcare Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Blue Jet Healthcare Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Blue Jet Healthcare Limited IPO is Oct 30, 2023.

Ans. The Blue Jet Healthcare Limited IPO will be listed on Nov 1, 2023.

Ans. Follow the steps to check the allotment status for Blue Jet Healthcare Limited IPO here.