Blue Jet Healthcare Ltd
Price Range
₹329 - ₹346
Min. Quantity
43
Closes on
27 October 2023
Min. investment
₹14,878/559 Shares
Blue Jet Healthcare Ltd IPO Timeline
Blue Jet Healthcare Limited was originally incorporated as Jet Chemicals Private Limited,' at Mumbai, dated December 7, 1968. The name of Company was changed to Blue Jet Healthcare Private Limited', and a fresh Certificate of Incorporation dated December 30, 2020, was issued by the Registrar of Companies, Mumbai. Subsequently, Company got converted into a Public Limited and its name was changed to Blue Jet Healthcare Limited' on May 18, 2022.
| Event | Date |
|---|---|
| Blue Jet Healthcare Ltd IPO Opening Date | 25 October 2023 |
| Blue Jet Healthcare Ltd IPO Closing Date | 27 October 2023 |
| Basis of Allotment | 30 October 2023 |
| Initiation of Refunds | 30 October 2023 |
| Credit of Shares to Demat | 31 October 2023 |
| Blue Jet Healthcare Ltd IPO Listing Date | 1 November 2023 |
Blue Jet Healthcare Ltd IPO Details
| Blue Jet Healthcare Ltd IPO Date | 25 October 2023 to 27 October 2023 |
| Blue Jet Healthcare Ltd IPO Face Value | ₹2 per share |
| Blue Jet Healthcare Ltd IPO Price | ₹329 to ₹346 per share |
| Blue Jet Healthcare Ltd IPO Lot Size | 43 |
| Issue Size | Shares of ₹2 (aggregating up to ₹840.27 Cr) |
| Fresh Issue | Shares of ₹2 (aggregating up to ₹0 Cr) |
| Offer for Sale | Shares of ₹2 (aggregating up to ₹840.27 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 48,57,032 of the Net Offer |
| Retail Shares Offered | Not less than 84,99,806 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 36,42,774 of the Net Offer |
| Company Promoters | Akshay Bansarilal Arora, Shiven Akshay Arora, Archana Akshay Arora |
Blue Jet Healthcare Ltd IPO Lot Size
The Blue Jet Healthcare Ltd IPO lot size is 43 shares. A retail-individual investor can apply for up to 13 lots (559 shares or ₹1,93,414).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 43 | ₹14,878 |
| Maximum | 13 | 559 | ₹1,93,414 |
- Strengths
- Risks
- Opportunities
- Large manufacturer of contrast media intermediates in India.
- Presence in niche categories with high barriers to entry.
- Long-standing relationships and multi-year contracts with multi-national customers.
- Strong product development and process optimization capabilities with a focus on sustainability.
Company Financials
Blue Jet Healthcare Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 1,058.85 | 740.46 | 163.75 |
| 03-2023 | 862.07 | 744.94 | 160.03 |
| 03-2022 | 713.38 | 702.88 | 181.59 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Listing the Equity Shares on the Stock Exchanges
Blue Jet Healthcare Ltd IPO Promoter Holding
| Pre Issue Share Holding | 79.58% |
| Post Issue Share Holding | 68.99% |
Blue Jet Healthcare Ltd IPO Subscription Status (Bidding Detail)
The Blue Jet Healthcare Ltd IPO is subscribed 7.95 times on 27 October 2023 05:00:00 PM. The public issue subscribed 2.24 times in the retail category, 13.72 times in the QIB category, and 13.59 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 13.72 | 13.59 | 2.24 | - | 7.95 |
Blue Jet Healthcare Ltd IPO Prospectus
Blue Jet Healthcare Ltd IPO Listing Date
| Listing Date | 1 November 2023 |
| BSE Script | 544009 |
| NSE Symbol | BLUEJET |
| Listing In | BSE, NSE |
| ISIN | INE0KBH01020 |
| IPO Price | ₹346 |
| Face Value | ₹2 |
Company Contact Information
701,702, 7th Floor BhumirajCostarica Sect. 18 Navi Mumbai,Thane-400705
Phone: 91-22-6989 1200
Email: companysecretary@bluejethealthcare.com
Website: www.bluejethealthcare.com
Blue Jet Healthcare Ltd IPO Registrar
Blue Jet Healthcare Ltd IPO Lead Manager(s)
- Kotak Mahindra Capital Company Ltd
- ICICI Securities Ltd
- JP Morgan India Pvt Ltd
FAQ
What is the issue size of Blue Jet Healthcare Ltd IPO?
I have pre-applied for Blue Jet Healthcare Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.