IPO

Blue Jet Healthcare Limited IPO

Mainboard

Pharmaceuticals

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

₹ 14878 /43 Shares

Check Allotment

25 Oct, 2023

Open Date

27 Oct, 2023

Close Date

30 Oct, 2023

Allotment Date

01 Nov, 2023

Listing Date
Price Summary

Last Closing

538.55 (55.65%)

52 Week High

1,027.80

52 Week Low

512.40

Last Update

19-Dec-2025 3:30 PM
Blue Jet Healthcare Limited IPO Issue Details
  • Issue Price ₹329-346 per equity share
  • Face Value ₹2 Per Equity Share
  • Issue Price Offer for Sale : 24,285,160 shares(aggregating up to ₹840.27 Cr)
  • Listing at BSE, NSE
  • List Price 380.0(NSE)
  • Listing Date 2023-11-01
  • Lead Manager Kotak Mahindra Capital Company Limited
    ICICI Securities Limited
    J.P. Morgan India Private Limited
  • Registrar Link Intime India Private Ltd
Blue Jet Healthcare Limited IPO Details
  • 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)
Blue Jet Healthcare Limited IPO Documents
DRHP
RHP
ANCHOR
Blue Jet Healthcare Limited IPO Details


The IPO of Blue Jet Healthcare Limited is priced at ₹329-346 per equity share, which has a face value of ₹2 Per Equity Share each, IPO bidding starts from Oct 25, 2023 and ends on Oct 27, 2023. The allotment for Blue Jet Healthcare Limited IPO will be finalized on Oct 30, 2023. Blue Jet Healthcare Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Nov 1, 2023. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are Kotak Mahindra Capital Company Limited, ICICI Securities Limited, J.P. Morgan India Private Limited.


The Blue Jet Healthcare Limited IPO sets its price band at 329-346 for each share. A single application for Blue Jet Healthcare Limited IPO must contain at least 43 shares.

Read More
Blue Jet Healthcare Limited IPO Subscription Analysis And Details
Retail
2.24x
QIB
13.72x
NII
13.59x
bNII
15.65x
sNII
9.48x
Total
7.95x
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
Subscription on the basis of Applications
1.99
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
In Crs.
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 Blue Jet Healthcare Limited 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.

Read More
Blue Jet Healthcare Limited - Promoter(s)

Akshay Bansarilal Arora

Shiven Akshay Arora

Archana & Akshay Arora

Pre Issue Share Holding : 100%

Post Issue Share Holding : 86%

Blue Jet Healthcare Limited IPO - Issue Objectives
1

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).