₹ 14878 / 43 shares
IPO Details
RHP/DRHPIssue Date
--
Investment/lot
₹ 14878
Price Range
346
Lot Size
43
IPO Size
₹ 840.27 Cr
IPO Listing Details
Listing On
1 Nov'23
Issue Price
--
Listed Price
₹ 380
Retail Gain/Listing Gain
▲9.83%
IPO Timeline
Blue Jet Healthcare IPO Review | Issue Details, Services and More
Kotak Securities
•3m 07s
Company Background
Blue Jet Healthcare Limited is a specialty pharmaceutical and healthcare ingredients and intermediates company, offering niche products targeted toward innovator pharmaceutical companies and multi-national generic pharmaceutical companies. The company has manufacturing capabilities in contrast media intermediates and high-intensity sweeteners, including saccharin and its salts.
The company’s operations are primarily organised into three product categories: (i) contrast media intermediates, (ii) high-intensity sweeteners, and (iii) pharma intermediates and active pharmaceutical ingredients (APIs).
In the past three Financial Years and the three months ended June 30, 2023, the company invoiced more than 400 customers in 39 countries. They 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.
With that, let's take a look at the competitive strengths and risk factors for Blue Jet Healthcare Limited:
Risk Factors
- The business is dependent on the sale of products to a limited number of key customers.
- The business is dependent on Europe and the United States, which are regulated markets, for a significant portion of their revenue from operations.
- If the company is not able to commercialise new products in a timely manner, the business, financial condition and prospects will be adversely affected.
Key Strategies
- Continue to integrate into more advanced intermediates for contrast media.
- Build additional production capacity to keep in step with the envisaged increase in customer demands.
- Focus on operational efficiency and mitigation of supply chain risks.
Key Financials
Here are the key financials for Blue Jet Healthcare Limited:
Particulars (in Rs. million)
Particulars (in Rs. million)
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Blue Jet Healthcare Ltd IPO FAQs
When is Blue Jet Healthcare Ltd IPO listing date?
Blue Jet Healthcare Ltd will list on 2023-11-01.
What is the issue size of Blue Jet Healthcare Ltd IPO?
840.27 is the issue size of Blue Jet Healthcare Ltd IPO.
What is the minimum lot size required for Blue Jet Healthcare Ltd IPO?
The minimum lot size is 43 shares and the investment required is ₹14878.
What is the price band of the Blue Jet Healthcare Ltd IPO?
The price band of Blue Jet Healthcare Ltd IPO is ₹346 to ₹0.
Where can I read more about Blue Jet Healthcare Ltd business?
You can read more about Blue Jet Healthcare Ltd and its IPO from the company’s red herring prospectus (RHP) here.
What is the Blue Jet Healthcare Limited IPO?
The Blue Jet Healthcare Limited IPO has an issue size of Rs. 840.27 crores. The IPO opens for subscription on 25th October and closes on 27th October 2023.
Who is the Registrar for Blue Jet Healthcare Limited IPO?
Link Intime India Private Limited is the registrar for this IPO.
Where can I read more about Blue Jet Healthcare Limited’s business?
You may read more about Blue Jet Healthcare Limited and its IPO from the company’s red herring prospectus (RHP) here:
