Chitty Schemes

Blue Jet Healthcare IPO 

The IPO of Blue Jet Healthcare Limited is scheduled to commence from October 25 to 27, 2023. The company is engaged in the business of pharmaceuticals and pharmaceutical raw materials. The IPO involves an offer for sale (OFS) of 24,285,160 equity shares worth Rs 840.27 cr. No new shares will be issued. The allotment date is November 1, and the stock listing date is November 6. The price range is Rs 329 to Rs 346 per share in lot size of 43 shares.

Kotak Mahindra Capital Company Limited, ICICI Securities Limited and J.P. Morgan India Private Limited are the underwriters for the IPO and Link Intime India Private Limited is acting as registrar.

Blue Jet Healthcare

About Blue Jet Healthcare

Established in 1968, Blue Jet Healthcare Limited is one of the country’s leading pharmaceutical and healthcare active ingredients and intermediates companies. Blue Jet Healthcare is also known for being the first company in India to introduce saccharin and its salts (artificial sweeteners). The company later expanded its expertise into contrast agent intermediates, a key component of CT scans and MRIs.

The company’s primary focus is on three product categories: i) contrast agent intermediates, ii) high intensity sweeteners, and iii) pharmaceutical intermediates, including active pharmaceutical ingredients.

Blue Jet Healthcare

Blue Jet Healthcare is a global pharmaceutical company driven by scientific innovation. The company provides related services

● Global regulatory support
● Process development and production capabilities
● Cooperation, development and production of advanced pharmaceutical intermediates and APIs

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