The Blue Jet Healthcare IPO date has been confirmed from October 25 and ended on October 27. Read the post to learn about Blue Jet Healthcare Limited IPO GMP.
The IPO of Blue Jet Healthcare bid sale precourse on October 25, 2023 and ended on October 27, 2023. The Blue Jet Healthcare IPO was completed on Monday, Oct. 30, 2023, covering the distribution procedure. Next day i.e. 1st Nov 2023 company shares were IPO on both the BSE and NSE.
Start your investing journey today. Find the latest information on Upcoming IPOs.
Key Details Of Blue Jet Healthcare IPO:
Bidding Dates
October 25 – 27 ,2023
Price Range
₹329 to ₹346 per share
Face Value
₹2 per share
GMP
₹-2
Blue Jet Healthcare GMP
The Blue Jet Healthcare IPO GMP Today is ₹[-2].
Blue Jet Healthcare IPO Overview
Blue Jet Healthcare has a niche for manufacturing APIs and bulk pharma intermediates. They develop novel products for manufacturer of individualized pharmaceutical solutions and also giant generic drug companies. Their business is divided into three product groups: (i) forms contrast agents, (ii) is notable by being used as a sweetener for food that is calorie-free, and (iii) used for intermediate and APIs production by pharma. Clients comprising of more than 350 individuals from 35 distinct countries were served by us successfully during the last three financial years only. As a result of having created an extensive infrastructure, relationships with a lot of actors in the sector, and been around for a long time branches are going to get their desks done.
The price band for the Blue Jet Healthcare IPO is ₹329 to ₹346 per share. A retail investor needs to invest at least ₹14,878 rupees at the minimum lot size of 43 shares of the application. The minimum lot size investment for sNII is 14 lots, which is of 43 shares, aggregating to ₹208,292 . The minimum lot size investment for bNII is 68 lots, which is of 2,924 shares, equivalent to ₹1,011,704 .
Blue Jet Healthcare IPO Date & Price Band Details
| IPO Date | October 25, 2023 to October 27, 2023 |
| Listing Date | November 1, 2023 |
| Face Value | ₹2 per share |
| Price Band | ₹329 to ₹346 per share |
| Lot Size | 43 Shares |
| Total Issue Size | 24,285,160 shares (aggregating up to ₹840.27 Cr) |
| Offer for Sale | 24,285,160 shares of ₹2 (aggregating up to ₹840.27 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 173,465,425 |
| Share holding post issue | 173,465,425 |
Blue Jet Healthcare IPO Market Lot
| Application | Lot | Shares | Amount |
| Retail (Min) | 1 | 43 | ₹14,878 |
| Retail (Max) | 13 | 559 | ₹193,414 |
| S-HNI (Min) | 14 | 602 | ₹208,292 |
| S-HNI (Max) | 67 | 2,881 | ₹996,826 |
| B-HNI (Min) | 68 | 2,924 | ₹1,011,704 |
Blue Jet Healthcare IPO Allotment and Listing Dates
| Price Band Announcement: | 2023 |
| Anchor Investors Allotment: | 2023 |
| IPO Open Date: | 2023 |
| IPO Close Date: | 2023 |
| Basis of Allotment: | 2023 |
| Refunds: | 2023 |
| Credit to Demat Account: | 2023 |
| IPO Listing Date: | 2023 |
Blue Jet Healthcare IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
| Anchor Investor Shares Offered | 7,285,548 (30.00%) | NA |
| QIB Shares Offered | 4,857,032 (20.00%) | NA |
| NII (HNI) Shares Offered | 3,642,774 (15.00%) | |
| bNII > ₹10L | 2,428,516 (10.00%) | 4,034 |
| sNII < ₹10L | 1,214,258 (5.00%) | 2,017 |
| Retail Shares Offered | 8,499,806 (35.00%) | 197,669 |
| Total Shares Offered | 24,285,160 (100%) | NA |
Blue Jet Healthcare IPO EPS
| Year | EPS Growth in (Rs.) | Return on Net Worth% |
| 2022 | ₹10.47 | 34.82 |
| 2021 | ₹7.98 | 39.96 |
| 2020 | ₹8.35 | 71.97 |
Blue Jet Healthcare IPO Dates
| Open Date : | October 25, 2023 |
| Close Date : | October 27, 2023 |
| Allotment Date : | Monday, October 30, 2023 |
| Refund Date : | Tuesday, October 31, 2023 |
| Share Credit Date : | Tuesday, October 31, 2023 |
| Listing Date : | Wednesday, November 1, 2023 |
Blue Jet Healthcare Company Financial Report Blue Jet
| ₹ in Crores | Revenue | Expense | PAT |
| Year | Revenue | Expense | PAT |
| 2020 | ₹544 | ₹345 | ₹145 |
| 2021 | ₹508 | ₹318 | ₹136 |
| 2022 | ₹703 | ₹460 | ₹182 |
| 2023 | ₹745 | ₹TBA | ₹160 |
Healthcare IPO Valuation – FY2022
Check Blue Jet Healthcare IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹10.47 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 34.82% |
| Net Asset Value (NAV): | ₹30.07 per Equity Share |
Company Profile
Blue Jet Healthcare is a producer that supplies intermediates and raw materials to pharmaceutical and healthcare companies. They supply specialty products to breakthrough pharmacological producers and multinational low-cost generic pharmaceutical manufacturers. Their business is divided into three product groups: (a)scones with contrast media intermediates; (b) high intensity sweetners; and (c)pharma intermediates and active pharmaceutical ingredients). For the last three financial years, they have served more than 350 consumers across 35 countries. They are known to have had established bonds of a lifetime with.
various organizations like research-based innovative and global generic pharmaceutical firms that are granted with multiyear contracts as well. They have been able to extend their focus areas in the pharmaceutical and healthcare sectors to create products which are relevant, and this has been possible due technology-driven manufacturing and product development.
Registrar Info
| Name | LINK INTIME INDIA PRIVATE LIMITED |
| Phone number | 04067162222, 04079611000 |
| Email ID | [email protected] |
| Website | https://www.linkintime.co.in |
Contact Details
| Name | Cello World LIMITED |
| Phone number | +91 (22) 4184 0550 |
| Email ID | [email protected] |
| Website | https://www.bluejethealthcare.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Blue Jet Healthcare FAQs
When Blue Jet Healthcare IPO will open?
The Blue Jet Healthcare IPO opens on October 25, 2023 and closes on October 27, 2023.
What is the lot size of Blue Jet Healthcare IPO?
Blue Jet Healthcare IPO lot size is 43 Shares, and the minimum amount required is ₹14,878.
When is Blue Jet Healthcare IPO allotment?
The finalization of Basis of Allotment for Blue Jet Healthcare IPO will be done on Monday, October 30, 2023, and the allotted shares will be credited to your demat account by Tuesday, October 31, 2023.
When is Blue Jet Healthcare IPO listing date?
Leave a Reply