Blue Jet Healthcare Limited

Company Profile
Company Name Blue Jet Healthcare Limited
Open Date 25-10-2023
Close Date 27-10-2023
Exchange NSE, BSE
Lot Size 43 Shares
Issue Price ₹329 to ₹346 per share
Issue Size 24,285,160 shares
Application Amount Min. Inv. - ₹ 14,878 (43 shares) Max. Inv. – ₹ 193,414 (559 shares)
Recommendation Risk_Averse - Should Wait Risk_Seekers - Should Apply

Blue Jet Healthcare Limited was incorporated in the year 1968 and has its registered office in Thane, Maharashtra. Blue Jet Healthcare is in the business of developing and supplying speciality pharmaceutical and healthcare ingredients and intermediates under a contract development and manufacturing organization business model. Company has specialized chemistry capabilities in contrast media intermediates and high-intensity sweeteners. Company supplies a critical starting intermediate and several advanced intermediates to three of the largest contrast media manufacturers in the world, including GE Healthcare AS, Guerbet Group, and Bracco Imaging S.p.A. Company also supply high-intensity sweeteners to several multi-national companies, including Colgate Palmolive (India) Limited and Unilever. As of 30th June 23, the Company has 407 employees on its payroll.

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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-22 Mar-23 June-23
Total Assets 713.18 862.07 903.80
Net Assets 521.54 681.49 725.68
Total Borrowings - - -
Total Revenue 702.88 744.94 184.60
Profit After Tax 181.59 160.03 44.12

Tentative Timeline

Opening Date 25/10/2023
Closing Date 27-10-2023
Basis of Allotment 01-11-2023
Initiation of Refunds 01-11-2023
Credit of Shares to Demat 03-11-2023
Listing Date 06-11-2023

Objects of the Issue

Company will not directly receive any proceeds from the Offer (the “Offer Proceeds”) 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.

Contact Information

Registered Office Blue Jet Healthcare Limited - 701, 702, 7th Floor, Bhumiraj Costarica Sector 18, Sanpada Navi Mumbai, Thane – 400 705
Phone +91 (22) 4184 0550

Registrar Details

Name Link Intime India Private Ltd
Phone +91-22-4918 6270

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 86.00%

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