Blue Jet Healthcare Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
Back arrow

Blue Jet Health

CMP

391.95

0.00 (0.00%)

  • DRHP
₹346

Offer Price

₹ 840.27 Cr

Issue Size

₹ 14,878

Min Investment

7.95x

Times Subscribed

43

Lot size

Time Line

  • 25
    Oct 2023
    Open
  • 27
    Oct 2023
    Close
  • 30
    Oct 2023
    Finalisation of Basis of Allotment
  • 30
    Oct 2023
    Initiation of Refunds
  • 31
    Oct 2023
    Transfer of Shares to Demat Account
  • 01
    Nov 2023
    Listing Date

Shares Offered

Number of Times Subscribed

Objects of the Offer

  • Continue to forward integrate into more advanced intermediates for Contrast Media.

  • Leverage its long-standing customer relationships to continue entering adjacencies in the pharma intermediate and API category.

  • Build additional production capacity to keep in step with the envisaged increase in customer demands.

  • Continue to invest in R&D infrastructure and capabilities.

  • Focus on operational efficiency and mitigation of supply chain risks.

Products & Services

  • The Company develops and supplies speciality pharmaceutical and healthcare ingredients and intermediates under a contract development and manufacturing organization business model.

Strengths

  • Large manufacturer of contrast media intermediates in India.

  • Presence in niche categories with high barriers to entry.

  • Long-standing relationships and multi-year contracts with multi-national customers.

  • Strong product development and process optimization capabilities with a focus on sustainability.

Risks

  • The company`s business is dependent on the sale of its products to a few key customers, including those in Europe and the United States, which are regulated markets. The loss of one or more such customers, the deterioration of their financial condition or prospects, or a reduction in their demand for its products could adversely affect its business, results of operations, financial condition and cash flows.

  • If the company is not able to commercialize new products in a timely manner, its business, financial condition and prospects will be adversely affected.

  • The company`s inability to successfully expand its production capacity could have an adverse effect on its business, results of operations, financial condition and cash flows.

  • A slowdown or shutdown in its manufacturing operations could have an adverse effect on its business, results of operations, financial condition and cash flows.

  • Certain documents filed by it with the Registrar of Companies and certain corporate records and other documents, are not traceable.

Company Promoters

Promoters Holding

Issue For IPO
13.99%
Pre Holding

99.99%

Post Holding

86.00%

Top Promoters Holding

Financials

All values in Cr

Mar-2021 Mar-2020 Mar-2021 3-Yr trend
Revenue 138.42 (-4.40%) 538.20 (-) 498.93 (-7.30%)
Gross Profit 138.42 (-4.40%) 538.20 (-) 498.93 (-7.30%)
Net Income 138.42 (-4.40%) 538.20 (-) 498.93 (-7.30%)
Assets 138.42 (-4.40%) 538.20 (-) 498.93 (-7.30%)
Liabilities 138.42 (-4.40%) 538.20 (-) 498.93 (-7.30%)

Book Running Managers

  • Kotak Mahindra Capital Company Ltd
  • ICICI Securities Ltd
  • JP Morgan India Pvt Ltd

Registrar & Transfer Agent

Link Intime India Pvt Ltd

C-101 247 Park,
L B S Marg,
Vikhroli West - Mumbai-400083
Phone : 91-22-49186000 Fax: 91-22-49186060

Company Contact Information

701,702, 7th Floor Bhumiraj,
Costarica Sect. 18 Navi Mumbai,
Thane - 400705
Phone : 91-22-6989 1200 Email : companysecretary@bluejethealthcare.com www.bluejethealthcare.com

Offer Related Information

Initial public offering of 24,285,160* equity shares of face value of Rs. 2 each ("Equity Shares") of Blue Jet Healthcare Limited (the "Company" or the "Issuer") for cash at a price of Rs. 346 per equity share (including a share premium of Rs. 344 per equity share) ("Offer Price") aggregating to Rs. 840.27 crores* (the "Offer"). The offer comprises of an offer for sale of 24,285,160* equity shares ("Offered Shares") aggregating to Rs. 840.27 crores*, including 18,366,311* equity shares... More

News

  • No Data Found.

Take your research to the next level.
Login now to unlock Exclusive Features!

Take your research to the next level.
Login now to unlock Exclusive Features!

Download Our App On: