The pharmaceutical and healthcare ingredients company Blue Jet Healthcare IPO will be hit the market 25 October 2023 and closes on 27 October 2023. The Company has filed the RHP of this IPO. According to RHP, the company wants to raise ₹840.27 crore through IPO. The company will issue shares through offer for sale of 24,285,160 shares.
The company has reserved 50% for QIB, 15% for NII and 35% for Retail Investor in this IPO.
Blue Jet Healthcare is a specialty pharmaceutical and healthcare ingredients and intermediates company, offering niche products targeted toward innovator pharmaceutical companies and multi-national generic pharmaceutical companies. You can check Blue Jet Healthcare IPO GMP here.
The company have established a contract development and manufacturing organization (“CDMO”) business model with specialized chemistry capabilities in contrast media intermediates and highintensity sweeteners, on the back of strategic and early investments in research and development (“R&D”) and manufacturing infrastructure.
The company have competencies and manufacturing capabilities in contrast media intermediates and high-intensity sweeteners, including saccharin and its salts. The company manufacture a range of products in-house, including the key starting intermediate and advanced intermediates, which allows us to control our production process for consistent quality and cost effectiveness.
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The have built a long-term customer base with innovator pharmaceutical companies and multi-national generic pharmaceutical companies, supported by committed multi-year contracts of up to five years. We believe our “Collaboration, Development, Manufacturing” approach has been, and will continue to be, critical to our success and a key factor for growing our CDMO business.
The company product capabilities across the pharmaceutical and healthcare categories have evolved with our customers’ needs, supported by our manufacturing capabilities and technology-driven product development. You can check Blue Jet Healthcare IPO subscription status here.
The company operations are primarily organized in three product categories: (i) contrast media intermediates, (ii) highintensity sweeteners, and (iii) pharma intermediates and active pharmaceutical ingredients (“APIs”).
Object Of the Issue :
- 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.
Company Strengths :
- 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
- Manufacturing facilities with regulatory accreditations
- Experienced management team with proven execution capabilities
Blue Jet Healthcare IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹160.03 Cr ₹346 EQ 9.23 37.49x 26.60 % 23.48 % 31.91 % – ₹39.29 ₹903.80 Cr ₹6001.90 Cr 100.00 % 86.00 % |
| Team Review : | ✔ Apply For Long Term |
Blue Jet Healthcare IPO Date & Price Band & Details :
| Issue Type : | Book Built Issue |
| IPO Open : | 25 October 2023 |
| IPO Close : | 27 October 2023 |
| Face Value : | ₹2 Equity Share |
| Price Band : | ₹329 – ₹346 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹840.27 Cr {24,285,160 Shares} |
| Offer For Sale : | ₹840.27 Cr {24,285,160 Shares} |
Blue Jet Healthcare IPO Market Lot :
Blue Jet Healthcare IPO Minimum Market lot is 1 Lot with 43 shares with ₹14,878 Application amount. The retail investors can apply up to 13 lots with 559 Shares or ₹193,414 amounts.
| Application | Lot | Shares | Amount |
| Retail Minimum : | 1 | 43 | ₹14,878 |
| Retail Maximum : | 13 | 559 | ₹193,414 |
| S-HNI Minimum : | 14 | 602 | ₹208,292 |
| S-HNI Maximum : | 67 | 2,881 | ₹996,826 |
| B- HNI Minimum : | 68 | 2,924 | ₹1,011,704 |
Blue Jet Healthcare IPO Reservation :
Blue Jet Healthcare IPO Total Reservation of 24,285,160 shares are to be bid for the public issue by Blue Jet Healthcare IPO with 12,142,580 for QIB and 3,642,774 for NII 8,499,806 For RII.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 12,142,580 | ₹420.13 Cr |
| NII : | 15% | 3,642,774 | ₹126.04 Cr |
| RII : | 35% | 8,499,806 | ₹294.05 Cr |
| Total : | 100% | 24,285,160 | ₹840.27 Cr |
Blue Jet Healthcare IPO EPS & RoNW :
The Blue Jet Healthcare company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2023 | ₹9.23 | 23.48% | ₹39.29 |
| 2022 | ₹10.47 | 34.82% | ₹30.07 |
| 2021 | ₹7.98 | 39.96% | ₹19.59 |
Blue Jet Healthcare IPO Peer Comparison PE :
The Blue Jet Healthcare, According to RHP there are no listed companies in India.
| Sr. No. | Company | PE Ratio |
| 1. | There are no listed companies in India. | – |
Blue Jet Healthcare IPO Dates :
Blue Jet Healthcare IPO Date is 25 October 2023 and closes on 27 October 2023. The allotment will be finalized on 01 November 2023 and the IPO may list on 06 November 2023.
| Anchor Date : | 24 October 2023 |
| Open Date : | 25 October 2023 |
| Close Date : | 27 October 2023 |
| Allotment Date : | 01 November 2023 |
| Refund Date : | 02 November 2023 |
| Share Credit Date : | 03 November 2023 |
| Listing Date : | 06 November 2023 |
Blue Jet Healthcare IPO Form :
There are two ways to apply in Blue Jet Healthcare IPO. You can apply for Blue Jet Healthcare IPO through ASBA available in your bank account. You have to go to your online bank login and select Blue Jet Healthcare IPO in the Invest section and apply through your bank account. Another option is you can apply for Blue Jet Healthcare IPO through IPO form download through NSE and BSE. See the Blue Jet Healthcare IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Blue Jet Healthcare Company Financial Report (Crore) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹744.94 | ₹528.33 | ₹160.03 |
| 2022 | ₹702.88 | ₹459.65 | ₹181.59 |
| 2021 | ₹507.81 | ₹317.85 | ₹135.79 |
Company Promoters :
■ Akshay Bansarilal Arora
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Blue Jet Healthcare IPO Lead Managers :
■ Kotak Mahindra Capital Limited
■ ICICI Securities Limited
■ J.P. Morgan India Private Limited
Blue Jet Healthcare IPO Registrar :
Link Intime India Private Limited
C 101, 247 Park, 1st Floor,
L.B.S. Marg, Vikhroli (West),
Mumbai – 400083
Maharashtra, India
Email: [email protected]
Telephone: +91 (22) 4918 6200
Investor Grievance e-mail: [email protected]
Website: www.linkintime.co.in
Note: Check Blue Jet Healthcare IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Blue Jet Healthcare Limited
701, 702, 7th Floor, Bhumiraj Costarica,
Sector 18, Sanpada,
Navi Mumbai, Thane – 400 705,
Maharashtra, India
Telephone: +91 (22) 6989 1200
E-mail: [email protected]
Website: www.bluejethealthcare.com.
Blue Jet Healthcare IPO FAQs :
What is Blue Jet Healthcare IPO?
Blue Jet Healthcare IPO is Mainboard IPO. They are going to raise ₹840.27 Crores via IPO. The issue is priced at ₹329-₹346 per equity share. The IPO is to be listed on NSE, BSE.
When Blue Jet Healthcare IPO will open?
The IPO is to open on 25 Oct – 27 Oct for QIB, NII & RII.
What is Blue Jet Healthcare IPO Size?
Blue Jet Healthcare IPO size is ₹840.27 Crores.
What is the Offer For Sale size of Blue Jet Healthcare IPO?
The Offer For Sale size of Blue Jet Healthcare IPO ₹840.27 Cr.
What is Blue Jet Healthcare IPO Price Band?
Blue Jet Healthcare IPO Price Band is ₹329-₹346 Per share.
What is Blue Jet Healthcare IPO Minimum and Maximum Lot Size?
The minimum 43 Shares with ₹14,878 amount while the maximum 559 shares with ₹193,414.
What is Blue Jet Healthcare IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
What is Blue Jet Healthcare IPO Allotment Date?
Blue Jet Healthcare IPO allotment date is 01 November 2023.
What is Blue Jet Healthcare IPO Listing Date?
Blue Jet Healthcare IPO listing date is 06 November 2023. The IPO to list on NSE, BSE.
How to Apply the Blue Jet Healthcare IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Blue Jet Healthcare IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Blue Jet Healthcare IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Blue Jet Healthcare IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Blue Jet Healthcare IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Blue Jet Healthcare IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Blue Jet Healthcare IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Blue Jet Healthcare IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Blue Jet Healthcare IPO GMP: Click Here Blue Jet Healthcare IPO Subscription: Click Here Blue Jet Healthcare IPO Allotment: Click Here Blue Jet Healthcare IPO Listing: Click Here Blue Jet Healthcare IPO Web Story: Click Here |
All Blue Jet Healthcare IPO-related links are available here. If you want to know the details then click on Click Here Link.
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