Blue Jet Healthcare Ltd. IPO

The company is a specialty pharmaceutical and healthcare ingredient and intermediate company. It offers niche products targeted toward innovator pharmaceutical companies and multi-national generic pharmaceutical companies.

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Blue Jet Healthcare Ltd. IPO Details

Check out the issue details for Blue Jet Healthcare Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 346

Price Band

₹ 329 - 346

Issue Size

840.27 Cr.

Issue Type

Book Built

Open

2023-10-25

Close

2023-10-27

Listing price

₹ 380

Listing Gain

9.83%

Listing Date

2023-11-01

CMP

₹ 595.75

Current Return

72.18%

Company Financials

You can get the following financial statements of Blue Jet Healthcare Ltd. as of now.

The details about the Blue Jet Healthcare Ltd IPO is as:

  • The issue size of the IPO is 840.27 Cr.
  • The price band for Blue Jet Healthcare IPO is Rs 329 to Rs 346.
  • The shares of Blue Jet Healthcare IPO will list on 1st November 2023. 
  • The latest tentative GMP of Blue Jet Healthcare IPO is Rs 10.
  • The shares of Blue Jet Healthcare IPO is subscribed 7.95 Times as of 27 October 2023. 

 

Blue Jet Healthcare Ltd IPO Valuation

The approx valuation of Blue Jet Healthcare Ltd IPO based on its price band and RHP/DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 346
Existing Shares (Qty) 17.34 Cr
Market Cap 5999.64 Cr
EPS (FY23) Rs 9.23
PE Ratio 37.48x

 

Blue Jet Healthcare Ltd IPO Issue Size

Blue Jet Healthcare Ltd IPO issue size is 840.27 Cr.

Issue Amount
Fresh Issue 0 Cr
Offer For Sale 840.27 Cr

 

Blue Jet Healthcare Ltd IPO Market Lot

An Individual can apply for a minimum 1 lot of 43 shares and a maximum of 13 lots of 559 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 43 14,878
 Maximum 13 559 1,93,414

 

Blue Jet Healthcare Ltd IPO share offer

The shares of Blue Jet Healthcare IPO is subscribed 7.95 Times as of 27th October 2023. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 13.72 Times
Non-Institutional Minimum 15% 13.59 Times
Retail Individual Minimum 35% 2.24 Times
Total   7.95 Times

Find below the dates for Blue Jet Healthcare Ltd IPO:

Schedule Date
Basis of Allotment 30 October 2023
Refunds 31 October 2023
Credit to Demat Account 31 October 2023
IPO Listing Date 1 November 2023

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Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Net Sales 683.47 720.98 711.6 1029.99 947.32
Total Expenditure 434.21 501.89 482.37 652.26 653.22
Operating Profit 249.26 219.09 229.23 377.73 294.1
Other Income 19.41 23.96 28.86 46.26 68.65
Interest 3.3 1.36 0.16 0.1 6.24
Depreciation 22.15 25.07 28.09 17.79 24
Exceptional Items 0 0 -9.74 0 0
Profit Before Tax 243.23 216.61 220.1 406.1 332.51
Provision for Tax 61.64 56.58 56.34 100.9 84.7
Net Profit 181.59 160.03 163.75 305.2 247.82
Adjusted EPS (Rs.) 1.05 0.92 0.94 1.76 1.43

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity and Liabilities
Share Capital 34.69 34.69 34.69 34.69 34.69
Total Reserves 486.85 646.79 810.53 1098.42 1325.22
Borrowings 0 0 0 0 0
Other N/C liabilities 17.33 6.7 7.66 28.51 350.27
Current liabilities 259.07 318.42 361.59 500.57 276.66
Total Liabilities 797.94 1006.61 1214.47 1662.2 1986.84
Assets
Net Block 156.48 151.04 171.94 300.29 316.43
Capital WIP 3.43 30.46 147.06 88.88 301.38
Intangible WIP 0 0 0 0.28 0
Investments 0 0 15 0 25.19
Loans & Advances 5.02 15.34 18.98 21.75 323.69
Other N/C Assets 0.31 0.17 0.24 0.39 13.92
Current Assets 632.7 809.59 861.26 1250.61 1006.25
Total Assets 797.94 1006.61 1214.47 1662.2 1986.84
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Other Income 8.25 24.27 13.21 22.92 15.24
Profit Before Tax 122.86 68.73 53.78 87.15 105.95
Tax 31.69 16.59 13.61 22.81 27.68
Profit After Tax 91.17 52.14 40.17 64.34 78.26
Adjusted EPS (Rs) 5.26 3.01 2.32 3.71 4.51

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2026 79.81 0
Mar 2026 79.81 0
Dec 2025 79.81 0
Sep 2025 79.81 0
Jun 2025 86 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Profit from operations 243.23 216.61 220.1 406.1 332.51
Adjustment 6.74 17.81 19.08 -8.5 1.44
Changes in Assets & Liabilities -75.96 -32.89 13.17 -262.8 109
Tax Paid -27.59 -59.98 -11.08 -89.04 -108.81
Operating Cash Flow 146.42 141.56 241.26 45.76 334.15
Investing Cash Flow -76.03 -147.25 -263.76 -35.18 -275.58
Financing Cash Flow -56.15 -4.24 -1.99 -18.56 -30.69
Net Cash Flow 14.25 -9.94 -24.48 -7.98 27.88
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