Blue Jet Healthcare Ltd IPO subscribed 7.94 times on Final Day
The Initial Public Offering of Blue Jet Healthcare Limited was subscribed 7.94 times on the final day of bidding. The issue received bids of 13,50,46,488 shares against the offered 1,69,99,612 equity shares, at a price band of ₹329-346, according to the data available on the stock exchanges. Qualified Institutional Buyer Portion and Non-Institutional Investors Portion was subscribed 13.72 times and 13.59 times respectively. Retail Portion was subscribed 2.22 times. Kotak Mahindra Capital Company Limited, ICICI Securities Limited and J.P. Morgan India Private Limited are book running lead manager and Link Intime India Private Limited is the registrar to the offer. The equity shares are proposed to be listed on BSE and NSE. Company Information Blue Jet Healthcare Limited, a specialty pharmaceutical and healthcare ingredient and intermediate company, offering niche products targeted towards innovator pharmaceutical companies and mu...