Hold onto your hats, investors! Blue Jet Healthcare Limited’s IPO is here. As the company announced going public, we are here to give you all the details about the Initial Public Offering (IPO) of Blue Jet Healthcare.
Blue Jet Healthcare is a company that works with medicines and healthcare stuff. They’re like the middleman between the people who make ingredients for medicines and the companies that make the final medicines. They help in getting the right stuff to make medicines.
In this article, you will get information about the IPO, such as Price, lot size, GMP(Grey Market Price), opening and closing Date of IPO, subscription rate, allotment Date, and lots more.
From the opening date to the IPO price, lot size, how to apply for IPO, Live GMP, and beyond, Committed to keeping you informed every step of the way.
Stay tuned as we explore Blue Jet Healthcare Limited’s history, market analysis, and future growth possibilities. It’s an IPO that promises huge opportunities, and we’re here to make sure you’re ready to take advantage of them.
Join us on this journey as we unveil the details of Blue Jet Healthcare’s IPO.
Blue Jet Healthcare IPO Details
Blue Jet Healthcare IPO, opening from October 25 to October 27, 2023. Priced between ₹329 to ₹346 per share. IPO offers investors an attractive opportunity, with a face value of ₹2 which means there is less chance of a stock split in the future. The minimum lot size for retail investors is 43 shares (₹14,878), and the total issue size is ₹840.27 Crores. Blue Jet Healthcare will list its IPO on November 6, 2023, on both the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange).
Blue Jet Healthcare Limited IPO – Mark Your Calendar!
Prepare yourself for a significant financial opportunity as the application for the IPO is about to open. Here are key details:
IPO Date: The subscription window for Blue Jet Healthcare Limited IPO opens on October 25, 2023, and closes on October 27, 2023.
Price Band: The company has set the price per share in the range of ₹329 to ₹346, making it affordable for investors across all price ranges.
Face Value: Each share has a face value of ₹2.
Lot Size: The minimum retail investor lot size for this IPO is 43 shares (₹14,878), allowing small retail investors to participate in this IPO.
Total Issue Size: Blue Jet Healthcare Limited IPO has a total issue size aggregating up to ₹840.27 Crores.
Fresh Issue: All shares are offer for Sale, there is no fresh issue of shares.
Check the table for more details…
| IPO Date Opening Date | October 25, 2023 |
| IPO Date Closing Date | October 27, 2023 |
| IPO allotment Date | November 1, 2023 |
| Initiations of refund (if not allotted) | November 1, 2023 |
| Credits of shares to demat (if allotted) | November 3, 2023 |
| Listing Date | November 6, 2023 |
| Face Value | ₹2 per share |
| Price | ₹329 to ₹346 per share |
| Lot Size (Min. retail) | 43 Shares (₹14,878) |
| Total Issue Size | (aggregating up to ₹840.27 Crores) |
| Fresh Issue | Nil |
| Offer for Sale | (aggregating up to ₹840.27 Crores) |
| Listing At | NSE and BSE |
| Shareholding pre-issue | 173,465,425 |
| Shareholding post-issue | 173,465,425 |
Stay tuned with us for further details about the IPO.
About Blue Jet Healthcare Limited IPO
Blue Jet Healthcare started way back in 1968, which means it’s been around for a long time. This can make it a good and reliable stock to invest in. Blue Jet Healthcare company that works with medicines and healthcare stuff. They’re like the middleman between the people who make ingredients for medicines and the companies that make the final medicines. They help in getting the right stuff to make medicines.
They were the first in India to make artificial sweeteners called saccharin. They also make things used in medical tests like CT scans and MRIs. They mainly work with three types of products: stuff for medical tests, sweeteners, and things for making medicines.
Blue Jet Healthcare is a global company that focuses on science and medicine. They can help with making medicines, dealing with rules from different countries, and working together on making important medical things.
Blue Jet Healthcare Info
| Company Information | Company Details |
|---|---|
| Company Name | Blue Jet Healthcare Limited |
| Ticker Symbol (NSE) | To be updated |
| Ticker Symbol (BSE) | To be updated |
| Industry | pharmaceutical |
| Founded | 1968 |
| Headquarters | 701, 702, 7th Floor, Bhumiraj Costarica Sector 18, Sanpada Navi Mumbai, Thane – 400 705 |
| Website | https://bluejethealthcare.com/ |
| Promoters | Akshay Bansarilal Arora, Shiven Akshay Arora and Archana & Akshay Arora |
| Products/Services | healthcare ingredient, intermediate company, artificial sweeteners |
| Market Presence | India |
| Ownership Structure | To be a Publicly traded company |
| Financial Highlights (2022-2023) | Net Worth: ₹339.82 in crore |
| Profit After Tax: ₹135.79 in crore | |
| Assets: ₹536.27 in crore | |
| Key Customers | – |
| Competitors | – |
| Regulatory Environment | Compliant with SEBI regulations |
Blue Jet Healthcare GMP Today
Blue Jet Healthcare Limited Today GMP ( Grey Market Price ): 34.37%
| GMP Rate | 34.37% |
| GMP in INR | 118 |
Blue Jet Healthcare IPO allotment link
Blue Jet Healthcare Limited IPO Lot Size
The minimum lot size for the retail investor of Blue Jet Healthcare Limited IPO is required to purchase a minimum of 43 shares (₹14,878).
| Application | Lots | 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 | 2881 | ₹996,826 |
| B-HNI (Min) | 68 | 2924 | ₹1,011,704 |
Blue Jet Healthcare IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Blue Jet Healthcare Financial Information (Consolidated)
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 903.80 | 862.07 | 713.38 | 536.27 |
| Revenue | 184.60 | 744.94 | 702.88 | 507.81 |
| Profit After Tax | 44.12 | 160.03 | 181.59 | 135.79 |
| Net Worth | 725.68 | 681.49 | 521.54 | 339.82 |
| Reserves and Surplus | ||||
| Total Borrowing | ||||
| Amount in ₹ Crore | ||||
Blue Jet Healthcare Key Performance Indicator (KPI)
| KPI | Values |
|---|---|
| P/E (x) | 37.49 |
| Market Cap (₹ Cr.) | 6001.9 |
| ROE | 26.60% |
| ROCE | 31.91% |
| EPS (Rs) | 9.23 |
| RoNW | 23.48% |
FAQ
1. What is Blue Jet Healthcare Limited IPO?
Ans. Blue Jet Healthcare Limited is a main-board IPO. The face value of ₹2 aggregates up to ₹840.27 Crores. The minimum issue price band for the retail investor is ₹329 and the maximum price band for the retail investor is ₹346 per share. The minimum order quantity is 43 Shares (₹14,878). The Blue Jet Healthcare Limited IPO opens on October 25, 2023, and closes on October 27, 2023. linkintime Limited is the registrar for the IPO. The company has proposed to list the shares on both BSE and NSE.
2. When is the Blue Jet Healthcare IPO scheduled to take place?
Ans. The IPO date for Blue Jet Healthcare IPO is scheduled for October 25, 2023.
3. What is the IPO price of Blue Jet Healthcare shares?
Ans. The IPO price is the price at which Blue Jet Healthcare shares will be initially offered to the public. The IPO price for Blue Jet Healthcare is set at between ₹329 to ₹346 per share.
4. What is the Grey Market Premium (GMP) for Blue Jet Healthcare Limited IPO
Ans. The Grey Market Premium (GMP) reflects the premium at which shares of Blue Jet Healthcare Limited are trading in the unofficial, secondary market before the official listing. Currently, the GMP for Blue Jet Healthcare Limited IPO is ₹118 (34.37%).
5. Where can I find a review and analysis of the Blue Jet Healthcare IPO prospectus?
Ans. You can find a comprehensive review and analysis of the Blue Jet Healthcare IPO prospectus on the official website of SEBI.
6. How can I apply for Blue Jet Healthcare IPO shares?
Ans. To apply for Blue Jet Healthcare IPO shares, you can follow the instructions provided in the prospectus or contact your broker. You can apply online or submit a physical application form through your broker’s platform.
7. What are the key details about Blue Jet Healthcare Limited’s business and industry?
Ans. Blue Jet Healthcare Limited is an Indian company in the pharmaceutical and healthcare ingredient industry.
8. What are the risk factors associated with investing in Blue Jet Healthcare IPO?
Ans. Investing in an IPO carries certain risks, including market, business, and regulatory risks. Blue Jet Healthcare IPO prospectus provides a detailed list of risk factors that potential investors should review carefully.
9. What is the size of the Blue Jet Healthcare IPO offering?
Ans. The size of the Blue Jet Healthcare IPO offering refers to the total value of shares made available to the public. The offering size for Blue Jet Healthcare IPO is ₹840.27 Crore.
10. When is the opening date & closing date of the IPO for Blue Jet Healthcare Limited?
Ans: The opening date for Blue Jet Healthcare Limited IPO is October 25, 2023, and the closing date is October 27, 2023.
11. What is the minimum lot size and order quantity for Blue Jet Healthcare Limited IPO?
Ans: The minimum lot size for Blue Jet Healthcare Limited IPO is ₹14,878 and the minimum order quantity required for participation is 43 shares.
12. Who is the registrar for Blue Jet Healthcare IPO?
Ans: The registrar for Blue Jet Healthcare IPO is linkintime.
Conclusion
In summary, Blue Jet Healthcare IPO is an exciting opportunity for the investor to gain profit on a listing day with expectations of 34% or more return. We have discussed the company and details of Blue Jet Healthcare with live Blue Jet Healthcare Limited IPO GMP prices, allotment date, and more. Keep an eye on market dynamics, do your own research before applying to the IPO, and stay tuned for updates
Disclaimer :
- IPO Grey Market Premium (Blue Jet Healthcare IPO GMP): The mention of Blue Jet Healthcare IPO Grey Market Premium (GMP) is approximate, not accurate, and may change over time.
- No Buying or Selling of IPO Forms: Please be aware that we do not facilitate the buying and selling of IPO forms within the IPO Grey Market.