
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
+6.4%
Est. Listing
₹368
at current GMP
Subscribed
7.94x
overall
Open
25 Oct 2023
Close
27 Oct 2023
Allotment
30 Oct 2023
Refund
31 Oct 2023
Demat Credit
1 Nov 2023
Listing
1 Nov 2023
Overall Subscription
7.94x
Total Demand
QIB Multiplier
13.72x
Institutions & Funds
NII / HNI
13.59x
High Net-Worth
Retail (RII)
2.22x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 4,857,032 | 66,651,247 | 13.72x |
| NIB | 3,642,774 | 49,499,708 | 13.59x |
| HNIs(10L +) | 2,428,516 | 38,008,044 | 15.65x |
| HNIs (2-10L) | 1,214,258 | 11,491,664 | 9.46x |
| RETAIL | 8,499,806 | 18,895,533 | 2.22x |
| Total | 20,642,386 | 184,546,196 | 7.94x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 197,671 | 438,830 | 2.22x |
| HNIs (10L +) | 1,264 | 17,178 | 13.59x |
| HNIs (2-10L) | 6,051 | 82,233 | 13.59x |
| Total Applications | 204,986 | 538,241 | 2.63x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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.
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.
The latest Grey Market Premium (GMP) for Blue Jet Healthcare Limited IPO is ₹22 per equity share. Based on the upper price band of ₹329 to ₹346 per equity share, the estimated listing price is ₹368 (+6.4% expected listing gain).
With a lot size of 43 shares and current GMP of ₹22, the expected profit per application lot is approx ₹946 (+6.4% gain). Minimum application cost is approx ₹14,878.
The Blue Jet Healthcare Limited IPO aggregate issue size is ₹840.27 Crores with an equity price band set at ₹329 to ₹346 per equity share. The retail lot size is 43 shares requiring a minimum capital outlay of approx. ₹14,878.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 7.94x (Retail: 2.22x, QIB: 13.72x, NII: 13.59x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2023-10-30. Investors can verify status using PAN card or application number.
Blue Jet Healthcare Limited shares are scheduled to list on NSE and BSE on 2023-11-01.