Blue Jet Healthcare is set to launch an IPO which will open on October 25, 2023, and close on October 27, 2023. Through this public offer company wants to raise 840.27 crore from the primary market, Company fixed the price band of Rs. 346 with a minimum lot of 13 shares, and list on November 06, according to the preliminary papers filed to the capital market regulator SEBI.
About Blue Jet Healthcare Company
Blue Jet Healthcare is engaged in the healthcare ingredient business and follows the contract development and manufacturing organization business model. The company also supplies critical starting intermediate and high-intensity sweeteners to several multinational companies.
Check out the IPO allotment status on IPO Deliver.
Blue Jet Healthcare IPO Object
The company intends to use the IPO Funds for the below-mentioned purposes: The company will not receive any proceeds from the offer since offer this is an offer for sale, company’s object is to achieve the benefits of listing.
Blue Jet Healthcare Strength
- Large manufacturer of contrast media intermediates in India
- Long-standing and deep customer relationships.
- Strong product development and process optimization capability
- Manufacturing facilities with regulatory accreditations
- Experienced management team
Blue Jet Healthcare Risk Factor
- Inability to expend company productions capacity
- Inability to accurate forecast demand of products.
- Company involved in certain legal and regulatory proceedings.
Blue Jet Healthcare IPO Review & Rating
| Issue Size (Rs.) | 840.27 crore |
| Issue Price (Rs.) | 329-346 per share |
| Minimum Lot Size | 13 share |
| Market Capitalization (Rs.) | 6001.19 crore |
| Total Profit (March 2023) (Rs.) | 744.9 crore |
| RoCE (%) | 31.91 |
| RoNW (%) | 23.48 |
| Listing on | BSE & NSE |
| IPO Deliver Rating | Medium to Long term |
Blue Jet Healthcare IPO Dates, Price Band & Details
Blue Jet Healthcare IPO will open on October 25, 2023, and close on October 27, 2023. The IPO list on November 06, 2023.
| Type of issue | Book Built IPO |
| Issue Size (Rs.) | 840.27 crore |
| Face Value (Rs.) | 2/- per share |
| IPO Open Date | October 25, 2023 |
| IPO Close Date | October 27, 2023 |
| IPO Allotment Date | November 01, 2023 |
| Refund Date | November 01, 2023 |
| Share Credit Date | November 03, 2023 |
| Listing Date | November 06, 2023 |
Blue Jet Healthcare IPO Offer
Blue Jet Healthcare IPO total issue size is 24,285,160 shares which comprises below mentioned categories.
| Offer Category | Shares Offer | Amount (Rs.) |
| Fresh Issue | – | – |
| Offer for Sale (OFS) | 24,285,160 | 840.27 crore |
Blue Jet Healthcare Financials Review (million)
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
| Category (Rs.) | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| Total Revenue | 7,449.38 | 7,028.81 | 5,078.13 |
| Net Worth | 6,814.86 | 5,215.42 | 3,398.18 |
| Profit | 1,600.27 | 1,815.91 | 1,357.87 |
| Total Borrowings | – | – | 515.52 |
Blue Jet Healthcare IPO Quantitative Factors
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
| Category | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| EPS (Rs.) | 7.98 | 10.47 | 9.23 |
| RoNW (%) | 39.96 | 34.82 | 23.48 |
| NAV (Rs.) | 39.29 | 30.07 | 19.59 |
Blue Jet Healthcare IPO Peers Comparison (Top 2)
No listed companies are available in India that engaged in the similar business.
| Company Names | EPS (Rs.) | RoNW (%) | NAV (Rs.) |
| – | – | – | – |
| – | – | – | – |
Blue Jet Healthcare Company Promoters
As per the DRHP and RHP, the company has three Promoter.
| Serial No. | Name |
| 01. | Akshay Bansarilal Arora |
| 02. | Shiven Akshay Arora |
| 03. | Archana Arora |
Blue Jet Healthcare Pre-offer and Post-Offer Promoters Shareholding
| Promoter and promoter group Shareholding | Percentage (%) |
| Pre-Issue | 100 |
| Post- Issue | 86 |
.
Blue Jet Healthcare IPO Reservation
Blue Jet Healthcare IPO total reservation of 24,285,160 shares, distributed between the below-mentioned categories.
| Category | No. of Shares |
| QIB- Not more than 50% of the offer size | 12,142,580 |
| RII- Not less than 35% of the offer size | 84,99,806 |
| NII- Not less than 15% of the offer size | 36,42,774 |
Blue Jet Healthcare IPO – Market Lot Size
An individual investor can apply for a minimum of 1 lot of 13 Shares and a maximum of 13 lot of 559 shares. Market lot sizes for retail investors are as follows:
| Application | Lot Size | No. of Shares | Amount (Rs.) |
| Retail Minimum | 1 | 13 | 14,878 |
| Retail Maximum | 13 | 559 | 1,93,414 |
Blue Jet Healthcare IPO – Prospectus
An investor can download/view the Blue Jet Healthcare Limited prospectus copy, which was filed by the company to SEBI, details are as follows.
| Blue Jet Healthcare IPO Prospectus | Download/View Links |
| Draft Red Herring Prospectus (DRHP) | Click here |
| Red Herring Prospectus (RHP) | Click here |
Blue Jet Healthcare IPO Registrar
Link Intime India Private Limited
Tel: +91-22 4047 7120
E-Mail: bluejet.ipo@linkintime.co.in
Website: www.linkintime.co.in
Blue Jet Healthcare IPO lead manager
#1 Kotak Mahindra Capital Limited
E-Mail: bluejet.ipo@kotak.com
Website: www.kotak.com
#2. ICICI Securities Limited
E-Mail: bluejet.ipo@icicisecurities.com
Website: www.icicisecurities.com
#3. J.P Morgan India Private Limited
E-Mail: bluejet.ipo@jpmorgan.com
Website: www.jpmorgan.com
Blue Jet Healthcare IPO Application (How to Apply for an IPO)
There are primary four options for applying for Blue Jet Healthcare IPO, details are as follows:
Option-1 Apply for IPO through Internet Banking
Step-1. Log into your bank account.
Step-2. In the invest Tab, you will see ASBA, click on it.
Step-3. Choose to apply for IPO and select the ongoing IPO “Blue Jet Healthcare Limited”
Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
Step-5. After the above steps, the respective amount will get blocked till the allotment date and after it will get a refund/debited in case of rejection/allotment respectively.
Option-2 Apply for IPO through a Broker firm
Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)
Step-2. Click on the IPO tab and select the ongoing IPO “Blue Jet Healthcare Limited”
Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your account or get refunded in case no allotment is made to you.
Option-3 Apply for IPO Offline Mode Bank mode
Step-1. Visit the nearest branch of your bank.
Step-2. Fill out the ASBA form and submit it with KYC details.
Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your bank account or refunded in case no allotment is made to you.
Option – 4 Apply for IPO through Stock Exchanges
NSE Form – Click to download
BSE Form – Click to download
Submit the form with your bank/broker.
Blue Jet Healthcare Company Details
Blue Jet Healthcare Limited (1968)
Registered Office: 701, 702, 7th floor, Bhumiraj Costarica, Sec-18, Sonapada, Navi Mumbai, Thane – 400705
Tel: +91 22 69891200
Email: companysecretary@bluejethealtcare.com
Website: www.bluejethealtcare.com
Investor Grievances/Compliance Officer: Sweta Poddar
Blue Jet Healthcare Subsidiary Companies (Top 2)
| Serial No. | Name of Companies |
| 01. | Adhir Barter Pvt. Ltd |
| 02. | – |
Blue Jet Healthcare Company Board (Top 2)
| Serial No. | Name of Directors |
| 01. | Akshay Bansarilal Arora |
| 02. | Shiven Akshay Arora |
Blue Jet Healthcare IPO – Frequently Asked Questions (FAQ’s)
Q-1 What is Blue Jet Healthcare IPO?
Ans: Blue Jet Healthcare brings its Mainboard IPO of Rs. 840.27 crore, on October 25, 2023, with a price band of Rs. 346 per share.
Q-2 what is Blue Jet Healthcare IPO Open date?
Ans: Blue Jet Healthcare IPO opening date is October 25, 2023.
Q-3 what is Blue Jet Healthcare IPO Close date?
Ans: Blue Jet Healthcare IPO closing date is October 27, 2023.
Q-4 What is Blue Jet Healthcare IPO Listing date?
Ans: Blue Jet Healthcare IPO listing date November 06, 2023.
Q-5 What is Blue Jet Healthcare IPO Minimum investment amount?
Ans: Blue Jet Healthcare IPO minimum investment amount is Rs. 14,878.
Q-6 What is Blue Jet Healthcare IPO offer issue Size?
Ans: Blue Jet Healthcare offer an issue size of Rs. 840.27 Crores.
Q-7 What is Blue Jet Healthcare IPO Price Band?
Ans: Blue Jet Healthcare IPO price band is Rs 346 per share.
Q-8 Is Blue Jet Healthcare IPO mainboard IPO or SME IPO?
Ans: Blue Jet Healthcare IPO is the Mainboard IPO.
Many observational and prospective studies are ongoing or initiating to further examine the role of sex hormones in SARS CoV 2 infection and if modulation of them is a realistic treatment option augmentin pediatric dose chart
Every pharmacist here is a true professional.
where can i get lisinopril no prescription
Appreciate their commitment to maintaining global healthcare standards.
Their health and beauty section is fantastic.
can i get cheap cipro for sale
Their online prescription system is so efficient.
earch our drug database.
does gabapentin thin your blood
Always up-to-date with international medical advancements.
Their staff is always eager to help and assist.
clomid for sale
Their global reach is unmatched.
Their worldwide pharmacists’ consultations are invaluable.
cytotec buy usa
I appreciate the range of payment options they offer.
İlk defa bir escort sitesinde bu kadar detaylı ve kullanıcı dostu filtreleme gördüm. Ankara escort kategorisindeki çeşitlilik çok etkileyici.
Günümüzde kaliteli hizmet bulmak zor. Ancak AnkaraRusModel bu konuda fark yaratıyor. Özellikle Çankaya escort kısmı şahane.
İlk görüşmeden itibaren kendimi özel hissettiren nadir deneyimlerden biri oldu. Özellikle Çankaya escort kızlar çok kibar ve bakımlıydı.
Her profilde özen ve kaliteyi görmek mümkün. Ankara Escort sektöründe gerçekten fark yaratıyorlar.
Ankara’da güvenle tercih edilebilecek ender platformlardan biri. Özellikle Çankaya Escort bölümü kusursuz.
Thanks for sharing. I read many of your blog posts, cool, your blog is very good.
Ankara Escort deneyimi yaşamak isteyen herkes için gerçek fotoğraflar ve doğru bilgiler sunuluyor. Harika bir deneyim!