Blue Jet Healthcare IPO Date, Review, Price, Allotment Details

Blue Jet Healthcare IPO Details: Blue Jet Healthcare IPO date is fixed, the IPO is to hit the market on October 25 and will close on October 27. Blue Jet Healthcare IPO to raise around ₹840 crores via IPO that comprises offer for sale up to 24,285,160 Shares of ₹2 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Blue Jet Healthcare is a specialty pharmaceutical and healthcare ingredient and intermediate company. They offer niche products targeted toward innovator pharmaceutical companies and multi-national generic pharmaceutical companies. Their operations are primarily organized into three product categories: (i) contrast media intermediates, (ii) high-intensity sweeteners, and (iii) pharma intermediates and active pharmaceutical ingredients (“APIs”).

In the past three Financial Years and the three months ended June 30, 2023, they catered to a total of more than 400 customers in 39 countries. They have built a long-term customer base with innovator pharmaceutical companies and multi-national generic pharmaceutical companies, supported by committed multi-year contracts.

Their product capabilities across the pharmaceutical and healthcare categories have evolved with their customers’ needs, supported by their manufacturing capabilities and technology-driven product development.

Price Bands–

Blue Jet Healthcare IPO Date & Price Band Details

IPO Open:	October 25, 2023
IPO Close:	October 27, 2023
IPO Size:	Approx ₹840 Crores
Fresh Issue:	NIL
Offer for Sale:	Approx 24,285,160 Equity Shares
Face Value:	₹2 Per Equity Share
IPO Price Band:	₹329 to ₹346 Per Share
IPO Listing on:	BSE & NSE
Retail Quota:	35%
QIB Quota:	50%
NII Quota:	15%
Discount:	N/A
DRHP Draft Prospectus:	Click Here
RHP Draft Prospectus:	Click Here
Anchor Investors List:	Click Here

Blue Jet Healthcare IPO Market Lot

The Blue Jet Healthcare IPO minimum market lot is 43 shares with ₹14,878 application amount. The retail investors can apply up-to 13 lots with 559 shares or ₹193,414 amount.

Application	Lot Size	Shares	Amount
Retail Minimum	1	43	₹14,878
Retail Maximum	13	559	₹193,414
S-HNI Minimum	14	602	₹208,292
B-HNI Minimum	68	2924	₹10.11,704

Blue Jet Healthcare Company Financial Report

₹ in Crores
Year	Revenue	Expense	PAT
2021	₹508	₹318	₹136
2022	₹703	₹460	₹182
2023	₹745	₹528	₹160
2024 3M	₹185	₹127	₹44