What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Blue Jet Healthcare Limited IPO?

Based on the upper price band of ₹346 and current GMP of ₹22, the estimated listing price is ₹368 (approx. 6.4% gain).

What is the expected profit per lot for Blue Jet Healthcare Limited IPO?

With a lot size of 43 shares and current GMP of ₹22, expected profit per retail application lot is approximately ₹946.

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Grey Market Intelligence

Blue Jet Healthcare Limited

ListedMainboard

Industrial & Financial Services · NSE / BSE

Incorporated in 1968, Blue Jet Healthcare is a science-led pharmaceutical company specializing in healthcare ingredients and intermediates. The company was the first in India to manufacture saccharin and its salts and has since expanded into contrast media intermediates for CT scans and MRIs. Its main product categories include contrast media intermediates, high-intensity sweeteners, and pharmaceutical intermediates and APIs. Blue Jet Healthcare offers process development, production capabilities, global regulatory support, and collaboration in advanced pharmaceutical development. The company operates three manufacturing facilities in Shahad, Ambernath, and Mahad, Maharashtra, with annual installed capacities of 200.60 KL, 607.30 KL, and 213.00 KL, respectively, as of June 30, 2023.

Price Band

₹329 – ₹346

Issue Size

₹840 Cr

Lot Size

43 shares

GMP

₹22

+6.4%

Est. Listing

₹368

at current GMP

Subscribed

7.94x

overall

Open

25 Oct 2023

27 Oct 2023

Allotment

30 Oct 2023

Refund

31 Oct 2023

Demat Credit

1 Nov 2023

Listing

1 Nov 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Blue Jet Healthcare Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹22+6.4%

Issue Price (Upper)

₹346

Band: ₹329 – ₹346

Estimated Listing Price

₹368

Upper price + GMP

Lot Size

43 shares

Min investment ₹14,878

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹22	6.4%	₹368
30 Oct 2026	+₹22	6.4%	₹368
29 Oct 2026	+₹20	5.7%	₹366

About Blue Jet Healthcare Limited Public Issue & Market Profile

Blue Jet Healthcare Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹840.27 Crores. The shares are offered at a price band of ₹329 to ₹346 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Pricing Context:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Basis of Allotment & Listing Timeline:

Following the close of bidding on 2023-10-27, the basis of allotment is scheduled to be finalized on 2023-10-30. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Blue Jet Healthcare Limited IPO GMP today?

The latest grey market premium for Blue Jet Healthcare Limited IPO is ₹22, which indicates an expected listing price of ₹368.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.