This is to inform you that the initial public offering of Blue Jet Healthcare Limited has started. It opened on Wednesday morning, October 25, 2023. Reportedly, the book build issue will be open for bidding till Friday, October 27, 2023, which means the allowed time to apply for Blue Jet Healthcare Limited IPO is from Wednesday, October 25 to Friday, October 27. Do you know what is the fixed price of Blue Jet Healthcare Limited for listing on BSE and NSE? In this article, we are going to share all the imperative details such as Blue Jet Healthcare Limited’s IPO, GMP, review, subscription status, and more. Also, learn how to apply for Blue Jet Healthcare Limited IPO in the following sections of this article. Drag down the screen for more details.
Blue Jet Healthcare Limited IPO
Reportedly, the company fixed the price of Blue Jet Healthcare Limited IPO at Rs 326 to Rs 346 per equity share. However, Blue Jet Healthcare Limited’s shares have already debuted in the grey market. The market report claimed that shares of Blue Jet Healthcare Limited are listed at a premium of Rs 85 per equity share. Talking about the subscription status of Blue Jet Healthcare IPO, Wednesday, October 25 is the first day of the bidding, as of 11:57 a.m. the IPO has been subscribed 0.20 times while its retail portion has been subscribed 0.3 times. The NII portion of the public offering is subscribed 0.25 times. Continue reading this article for more details.
In the grey market today, the shares of Blue Jet Healthcare Limited are listed at the premium of Rs 85 per equity share. The public offering for bidding on the IPO will take place from October 25 to October 27. Blue Jet Healthcare Limited fixed its IPO price at Rs 329 to Rs 346 per equity share and the firm is eyeing to gain Rs 840.27 crore from its IPO size which is completely offered for sale. Kindly note that the issue is comprised of a total of 43 company shares for which a bidder will apply.
The final allocation of the share will be done on November 1, 2023. The registrar of Blue Jet Healthcare Limited IPO is Link Intime India Private Ltd and the book is proposed for listing on NSE and BSE. The anticipated date for the listing of shares is November 6, 2023. Choice Broking report said, ” BJHL is mainly a Contract Development and Manufacturing Organization (CDMO), deriving around 75 percent of the business (from CDMO operations). Its product profile is niche and over the period of operations, it has developed a long-lasting relation with the clients.”