{"id":5138,"date":"2023-10-19T13:21:37","date_gmt":"2023-10-19T07:51:37","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=5138"},"modified":"2023-10-19T13:21:42","modified_gmt":"2023-10-19T07:51:42","slug":"blue-jet-healthcare-ipo","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/blue-jet-healthcare-ipo\/","title":{"rendered":"Blue Jet Healthcare IPO Details - Complete Overview of Blue Jet Healthcare Limited IPO"},"content":{"rendered":"\n<p><strong>Blue Jet Healthcare IPO Price: <\/strong>\u20b9329 to \u20b9346 per share<strong><br>IPO Date Range:<\/strong> Oct 25, 2023 - Oct 27, 2023<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:35%\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"200\" height=\"188\" src=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2023\/10\/Frame-q49d41h96ks0t7c62jp9f0r7xk0kjwtwic5mnedil4.png\" alt=\"Blue Jet Healthcare IPO\" class=\"wp-image-5139\" style=\"aspect-ratio:1.4082840236686391;width:230px;height:auto\" srcset=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2023\/10\/Frame-q49d41h96ks0t7c62jp9f0r7xk0kjwtwic5mnedil4.png 200w, https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2023\/10\/Frame-q49d41h96ks0t7c62jp9f0r7xk0kjwtwic5mnedil4-150x141.png 150w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/><\/figure>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:65%\">\n<h2 class=\"wp-block-heading\"> Foundation &amp; Business Essence:<\/h2>\n\n\n\n<p>Established in 1968, Blue Jet Healthcare operates as a pharmaceutical and healthcare ingredient and intermediate company. Blue Jet Healthcare holds the distinction of being India's pioneering manufacturer of saccharin and its salts, artificial sweeteners. The company subsequently broadened its scope to include contrast media intermediates, essential components utilized in CT scans and MRIs.<\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Product Portfolio:<\/h2>\n\n\n\n<p>The company's product lineup is specialized for innovator pharmaceutical companies and multinational generic pharmaceutical companies, catering to niche needs. Their operations are mainly structured around three key product categories: <\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>contrast media intermediates, <\/li>\n\n\n\n<li> high-intensity sweeteners,<\/li>\n\n\n\n<li>pharmaceutical intermediates and active pharmaceutical ingredients<\/li>\n<\/ol>\n\n\n\n<ol class=\"wp-block-list\">\n<li><\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">Network and Presence:<\/h2>\n\n\n\n<p>As of June 30, 2023, the company operates three manufacturing facilities located in Shahad (Unit I), Ambernath (Unit II), and Mahad (Unit III) within the state of Maharashtra, India. These facilities boast respective annual installed capacities of 200.60 KL, 607.30 KL, and 213.00 KL.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Strengths:<\/h2>\n\n\n\n<p>The company's primary strengths include:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Significantly large manufacturing capacity for contrast media intermediates in India.<\/li>\n\n\n\n<li>A niche market presence characterized by substantial entry barriers.<\/li>\n\n\n\n<li>Established long-term relationships and contractual agreements with multinational customers.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading has-background has-medium-font-size\" style=\"background:linear-gradient(115deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);font-style:normal;font-weight:700\">Bidding Starts In<\/h2>\n\n\n\n<div class=\"wp-block-uagb-countdown uagb-block-3d225132\"><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-days\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-days\">-<\/div><div class=\"wp-block-uagb-countdown__label\">DAYS<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-hours\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-hours\">-<\/div><div class=\"wp-block-uagb-countdown__label\">HOURS<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-minutes\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-minutes\">-<\/div><div class=\"wp-block-uagb-countdown__label\">MINUTES<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-seconds\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-seconds\">-<\/div><div class=\"wp-block-uagb-countdown__label\">SECONDS<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-marketing-button uagb-marketing-btn__align-center uagb-marketing-btn__align-text-center uagb-marketing-btn__icon-after uagb-block-5217ab29 wp-block-button\"><a href=\"https:\/\/lakshmishree.com\/ipo\/\" class=\"uagb-marketing-btn__link wp-block-button__link\" target=\"_blank\" rel=\"noopener noreferrer\"><span class=\"uagb-marketing-btn__title\">APPLY NOW<\/span><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><path d=\"M384 320c-17.67 0-32 14.33-32 32v96H64V160h96c17.67 0 32-14.32 32-32s-14.33-32-32-32L64 96c-35.35 0-64 28.65-64 64V448c0 35.34 28.65 64 64 64h288c35.35 0 64-28.66 64-64v-96C416 334.3 401.7 320 384 320zM488 0H352c-12.94 0-24.62 7.797-29.56 19.75c-4.969 11.97-2.219 25.72 6.938 34.88L370.8 96L169.4 297.4c-12.5 12.5-12.5 32.75 0 45.25C175.6 348.9 183.8 352 192 352s16.38-3.125 22.62-9.375L416 141.3l41.38 41.38c9.156 9.141 22.88 11.84 34.88 6.938C504.2 184.6 512 172.9 512 160V24C512 10.74 501.3 0 488 0z\"><\/path><\/svg><p class=\"uagb-marketing-btn__prefix\">Dream Big, Start with an IPO. Choose Lakshmishree.<\/p><\/a><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Blue Jet Healthcare IPO Specifics:<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Date<\/td><td>October 25, 2023 to October 27, 2023<\/td><\/tr><tr><td>Listing Date<\/td><td>Tuesday, November 6, 2023<\/td><\/tr><tr><td>Face Value<\/td><td>\u20b92 per share<\/td><\/tr><tr><td>Price Band<\/td><td>\u20b9329 to \u20b9346 per share<\/td><\/tr><tr><td>Lot Size<\/td><td>43 Shares<\/td><\/tr><tr><td>Total Issue Size<\/td><td>24,285,160 shares<br>(aggregating up to \u20b9840.27 Cr)<\/td><\/tr><tr><td>Offer For Sale<\/td><td>24,285,160 shares<br>(aggregating up to \u20b9840.27 Cr)<\/td><\/tr><tr><td>Issue Type<\/td><td>Book Built Issue IPO<\/td><\/tr><tr><td>Listing At<\/td><td>BSE, NSE<\/td><\/tr><tr><td>Share holding pre issue<\/td><td>173,465,425<\/td><\/tr><tr><td>Share holding post issue<\/td><td>173,465,425<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Blue Jet Healthcare IPO Lot Size<\/h2>\n\n\n\n<p>The minimum lot size to apply in this <strong>Blue Jet Healthcare Limited <\/strong>IPO consists of 43 shares, requiring an investment of \u20b914,878.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Application<\/th><th>Lots<\/th><th>Shares<\/th><th>Amount<\/th><\/tr><\/thead><tbody><tr><td>Retail (Min)<\/td><td>1<\/td><td>43<\/td><td>\u20b914,878<\/td><\/tr><tr><td>Retail (Max)<\/td><td>13<\/td><td>559<\/td><td>\u20b9193,414<\/td><\/tr><tr><td>S-HNI (Min)<\/td><td>14<\/td><td>602<\/td><td>\u20b9208,292<\/td><\/tr><tr><td>S-HNI (Max)<\/td><td>67<\/td><td>2,881<\/td><td>\u20b9996,826<\/td><\/tr><tr><td>B-HNI (Min)<\/td><td>68<\/td><td>2,924<\/td><td>\u20b91,011,704<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Blue Jet Healthcare IPO Reservation<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>QIB Shares Offered<\/td><td>Not more than 50% of the Net Issue<\/td><\/tr><tr><td>NII (HNI) Shares Offered<\/td><td>Not less than 15% of the Net Issue<\/td><\/tr><tr><td>Retail Shares Offered<\/td><td>Not less than 35% of the Net Issue<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Blue Jet Healthcare IPO Timetable (Important Dates)<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Open Date<\/td><td>Wednesday, October 25, 2023<\/td><\/tr><tr><td>IPO Close Date<\/td><td>Friday, October 27, 2023<\/td><\/tr><tr><td>Basis of Allotment<\/td><td>Wednesday, November 1, 2023<\/td><\/tr><tr><td>Initiation of Refunds<\/td><td>Wednesday, November 1, 2023<\/td><\/tr><tr><td>Credit of Shares to Demat<\/td><td>Friday, November 3, 2023<\/td><\/tr><tr><td>Listing Date<\/td><td>Monday, November 6, 2023<\/td><\/tr><tr><td>Cut-off time for UPI mandate confirmation<\/td><td>5 PM on October 27, 2023<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-uagb-advanced-heading uagb-block-b994fb1e\"><h2 class=\"uagb-heading-text\">Don't Miss Out!<\/h2><div class=\"uagb-separator\"><\/div><p class=\"uagb-desc-text\">Whether you're a seasoned investor or just starting out, Lakshmishree ensures you don't miss out on premier IPO opportunities. Dive into the future of investing with Lakshmishree.<\/p><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50 is-style-fill\"><a class=\"wp-block-button__link has-vivid-red-background-color has-background has-text-align-center wp-element-button\" href=\"https:\/\/lakshmishree.com\/ipo\/\" target=\"_blank\" rel=\"noreferrer noopener\">APPLY NOW<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Blue Jet Healthcare Limited IPO Financial Information<\/h2>\n\n\n\n<p>Blue Jet Healthcare Limited experienced an increase of 5.98% in their revenue while witnessing an 11.88% Decrease in Profit after Tax (PAT) between the financial ending on 31 March 2023 and 31 March 2022.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Period Ended<\/th><th>31 Mar 2021<\/th><th>31 Mar 2022<\/th><th>31 Mar 2023<\/th><th>30 June 2023<\/th><\/tr><\/thead><tbody><tr><td>Assets<\/td><td>536.27<\/td><td>713.38<\/td><td>862.07<\/td><td>903.80<\/td><\/tr><tr><td>Revenue<\/td><td>507.81<\/td><td>702.88<\/td><td>744.94<\/td><td>184.60<\/td><\/tr><tr><td>Profit After Tax<\/td><td>135.79<\/td><td>181.59<\/td><td>160.03<\/td><td>44.12<\/td><\/tr><tr><td>Net Worth<\/td><td>339.82<\/td><td>521.54<\/td><td>681.49<\/td><td>725.68<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><small>Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Key Performance Indicator - Blue Jet Healthcare IPO<\/h2>\n\n\n\n<p>The market capitalization of Blue Jet Healthcare Limited IPO stands at Rs 6001.9 Crore, with a P\/E ratio of 37.49.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>KPI<\/th><th>Values<\/th><\/tr><\/thead><tbody><tr><td>P\/E (x)<\/td><td>37.49<\/td><\/tr><tr><td>Market Cap (Rs Cr)<\/td><td>6001.9 <\/td><\/tr><tr><td>ROE<\/td><td>26.60%<\/td><\/tr><tr><td>ROCE<\/td><td>31.91%<\/td><\/tr><tr><td>EPS (Rs)<\/td><td>9.23<\/td><\/tr><tr><td>RoNW<\/td><td>23.48%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Objects of the Issue:<\/strong><\/h2>\n\n\n\n<p>Blue Jet Healthcare will not be entitled to any proceeds from the Offer, as all the Offer Proceeds will be received by the Selling Shareholders. These proceeds will be distributed in proportion to the number of Offered Shares sold by each respective Selling Shareholder as part of the Offer.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Prospectus Links:<\/strong><\/h2>\n\n\n\n<p><strong>Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. <a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/sep-2022\/blue-jet-healthcare-limited_62646.html\" target=\"_blank\" rel=\"noopener\">Blue Jet Healthcare IPO DRHP<\/a> and <a href=\"https:\/\/www.icicisecurities.com\/Upload\/ArticleAttachments\/Blue%20Jet%20Healthcare%20Limited%20-%20RHP.pdf\" target=\"_blank\" rel=\"noopener\">Blue Jet Healthcare IPO RHP<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Frequently Asked Questions<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-uagb-separator uagb-block-e0c8c4f4\"><div class=\"wp-block-uagb-separator__inner\" style=\"--my-background-image:\"><\/div><\/div>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1693390748634\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is an IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>An IPO, or Initial Public Offering, is the process by which a private company offers its shares to the public for the first time to raise capital.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390791940\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Why do companies go public with an IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Companies go public to raise capital for expansion, reduce debt, or for other corporate purposes. It also provides liquidity to existing shareholders.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390691805\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is the price range for the \"Blue Jet Healthcare Limited\" IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The price range for the\"Blue Jet Healthcare Limited\" IPO is \u20b9 329 to \u20b9346 per share.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390728061\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">When will the \"Blue Jet Healthcare Limited\" IPO be listed on the stock exchange?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The \"Blue Jet Healthcare Limited\" IPO is expected to be listed on Monday, 6 November 2023.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390318021\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How to apply for an IPO with Lakshmishree?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>To apply for an IPO with Lakshmishree:<br \/>Go to www.lakshmishree.com\/ipo<br \/>Select the desired IPO and fill in the required details.<br \/>Confirm your application and make the payment.<br \/>Once applied, you can track the status of your application on the platform or get in your registered Email ID.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390631857\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How can I check the subscription status of an IPO on Lakshmishree?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Log in to your Lakshmishree account and navigate to the 'IPO' section. Here, you can view live updates on the subscription status of ongoing IPOs.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Blue Jet Healthcare IPO Price: \u20b9329 to \u20b9346 per shareIPO Date Range: Oct 25, 2023 - Oct 27, 2023 Foundation &amp; Business Essence: Established in 1968, Blue Jet Healthcare operates as a pharmaceutical and healthcare ingredient and intermediate company. Blue Jet Healthcare holds the distinction of being India's pioneering manufacturer of saccharin and its salts, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[336],"tags":[],"class_list":["post-5138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/comments?post=5138"}],"version-history":[{"count":4,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5138\/revisions"}],"predecessor-version":[{"id":5143,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5138\/revisions\/5143"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/5144"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=5138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=5138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=5138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}