Blue Jet Healthcare Limited

₹-

per share

Bidding Dates

Min. Investment

Lot Size

Issue Size

IPO Timeline

Bidding starts

Bidding ends

Allotment finalisation*

Refund initiation*

Demat transfer

Listing

* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About Blue Jet Healthcare Limited IPO

Did you know that contrast media agents are used in many diagnoses? For instance, they are used for medical imaging as well as enhancing the visibility of body tissues under X-rays, computed tomography (CT) scans, magnetic resonance imaging (MRI) and ultrasound tests. This is a fast-growing market due to multiple factors including increasing lifestyle diseases and the demand for preventive healthcare.

One of the biggest players in this segment is Blue Jet Healthcare. It has more than two decades of experience in manufacturing contrast media intermediates (raw material). It supplies a critical starting intermediate and several advanced intermediates primarily to three of the largest contrast media manufacturers in the world. ICYDK, the contrast media manufacturing market is dominated by four large players. Of these, three are Blue Jet Healthcare’s customers.

It also manufactures high-intensity sweeteners. These are used in oral care products, beverages, confectionary products (such as mints, candies, and bakery products), pharmaceutical products, food supplements and animal feeds. The company also makes pharma intermediates for active pharmaceutical ingredients (APIs) in chronic therapeutic areas.

Now, this company is all set to launch the Blue Jet Healthcare IPO. The Blue Jet Healthcare Ltd IPO will be completely an offer for sale.

Here are the key details about the Blue Jet Healthcare IPO:

Company Name	Blue Jet Healthcare	Company Type	Private
Company Established On	1968	Blue Jet Healthcare Limited IPO Opening Date	TBA
Blue Jet Healthcare Limited IPO Closing Date	TBA	Blue Jet Healthcare Limited IPO Allotment Status	TBA
Credit of Shares to the Demat Account	TBA	Blue Jet Healthcare Limited IPO Listing Date	TBA
Blue Jet Healthcare Limited IPO Face Value	TBA	Blue Jet Healthcare Limited IPO Lot Size	TBA
Blue Jet Healthcare Limited IPO Issue Size	TBA	Blue Jet Healthcare Limited IPO to be Listed on	TBA
Blue Jet Healthcare Limited IPO Price band	TBA

Financial snapshot

Particulars	FY 20	FY 21	FY 22
Revenue	₹ 538.1 crore	₹ 498.9 crore	₹ 683.4 crore
Net Profit	₹ 144.9 crore	₹ 135.7 crore	₹ 181.5 crore

Here’s a quick look at Blue Jet Healthcare Limited IPO’s strengths, weakness, opportunities and risks (SWOT analysis)

Strengths and opportunities

Has long-term relationships (four to 24 years) with its customers – GE Healthcare, Guerbet, and Bracco
Enters into annual and multi-year contracts, providing strong revenue and cash flow visibility
Has a contrast media intermediate portfolio of 15 products
Has reported positive free cash flow in three financial years – FY20, FY21 and FY22
Presence in niche categories (contrast media intermediates) with high entry barriers
The global contrast media formulation space had a market size of US$6.7 billion in terms of annual turnover for March 2022

Risks and threat

Revenue concentration. Around 76% of the revenue in FY22 came from Europe
The top five customers contributed 75% of the revenue in FY22
All of its infrastructure, manufacturing facilities and business operations are currently concentrated in one state – Maharashtra
Requires significant working capital for its manufacturing operations
Pricing pressure from customers may impact profitability

Blue Jet Healthcare Limited IPO details

| Blue Jet Healthcare Limited IPO date

The company has filed its Draft Red Herring Prospectus with the market regulator SEBI. It has also received a nod from SEBI to launch its IPO. But the Blue Jet Healthcare IPO opening date – in other words, the Blue Jet Healthcare IPO launch date – hasn’t been announced yet. The Blue Jet Healthcare IPO closing date also hasn’t been declared. Along with these dates, investors will be updated about the Blue Jet Healthcare shares allotment date.

Investors, who receive allotment, can expect Blue Jet Healthcare Ltd shares to be credited in their demat account after the allotment date. Besides this, the Blue Jet Healthcare IPO listing date hasn’t been announced yet. The listing date is the date on which the shares of a company get listed on the bourses – NSE and BSE. Stay tuned with Uptox for all the key updates about the Blue Jet Healthcare IPO.

| Blue Jet Healthcare IPO Price Band

The Blue Jet Healthcare IPO is a fresh issue as well as an offer for sale. The Blue Jet Healthcare IPO price band hasn’t been set yet. The price band is a price range within which investors can apply for the IPO. When the Blue Jet Healthcare IPO opens, interested investors will have to choose a price within the band to apply for the public issue.

Also, the Blue Jet Healthcare IPO listing price will be determined on the listing date. The listing price is the Blue Jet Healthcare IPO share price at which the shares of a company make their debut on the stock exchanges.

| Blue Jet Healthcare IPO Lot size

The Blue Jet Healthcare IPO details haven’t been declared. Hence, the Blue Jet Healthcare IPO lot size also hasn’t been announced yet. It’s important to note that an investor can apply for a minimum of 1 lot. Meanwhile, according to the news reports, the Blue Jet Healthcare IPO issue size could be around ₹1,800 crore.

How to apply for the Blue Jet Healthcare Limited IPO?

If you are interested in this investment opportunity but unsure how to apply for the Blue Jet Healthcare IPO, here are the steps that you need to follow.

When the public issue opens for subscription, one can follow this step-by-step guide on how to apply for the Blue Jet Healthcare Ltd IPO on Upstox:

Log in to your Upstox account, using your six-digit PIN
After logging in, click on ‘Discover’
On the ‘Discover’ tab, you will find the ‘Invest in IPO’ section
Under the Invest in IPO section, look for the ‘Blue Jet Healthcare IPO’ tab and click on it
Now fill in all the required information, like ‘bid price’ and ‘lot size’
Confirm and click on ‘Apply’
Accept the mandate on your UPI app

How to check the Blue Jet Healthcare Limited IPO allotment status?

When the allotment process is completed, you can check the status of your application on the Upstox app. Share allotment is generally done around five to six days after an IPO closes.

Here’s a step-by-step guide on how to check the Blue Jet Healthcare Ltd IPO allotment status:

Login to your Upstox account, using your six-digit PIN
After logging in, click on ‘Discover’
On the ‘Discover’ page, you will find the ‘Invest in IPO’ section
Under the Invest in IPO section, you will find the ‘View all’ option
Once you click on ‘View all’, you will be directed to the ‘IPO’ tab
In the ‘IPO’ tab, click on ‘My applications’
In ‘My applications’, under the History section, your Blue Jet Healthcare IPO allotment status will be mentioned

Open a demat account with Upstox to apply for the Blue Jet Healthcare Limited IPO

To apply for the Blue Jet Healthcare Ltd IPO, you need to mandatorily have a demat account. A demat account helps you hold the shares you buy in a dematerialised format. If you don’t have a demat account yet, you can open one with Upstox by visiting our website or by downloading the app.

Here is a step-by-step guide on how to open a demat account with Upstox:

Click here to visit the demat account opening page on the Upstox website.
Enter your phone number and other essential details
Upload the scanned copies of your PAN, Aadhaar card, a cancelled cheque and your bank statement as needed
Complete the e-verification using the OTP sent to your registered mobile number

This is all it takes to open a demat account with Upstox. Easy and quick, right?

Upstox – trading app to apply for the Blue Jet Healthcare Limited IPO

Applying for IPOs with Upstox is extremely easy. The user-friendly interface and top-notch security make Upstox one of the leading trading apps in India.

You can apply for the Blue Jet Healthcare IPO on Upstox, provided you have a demat account. As mentioned in the previous section, you can simply follow the steps to open a demat account with Upstox. The biggest advantage is that when you apply for an IPO using your Upstox account, the brokerage charges are zero.

In fact, due to its robust features and minimal charges, Upstox is among the most preferred trading apps. Lakhs of Indians trust Upstox as it is a reliable trading platform that makes IPO applications easy.

IPO analysis

Registrar information

Name

Link Intime India Private Limited

Phone number

+91 022 4918 6200

Email ID

bluejet.ipo@linkintime.co.in

Red herring prospectus

View documents submitted by company in filing to understand more details about them.

FAQs

How can you pre-apply for the Blue Jet Healthcare IPO?

Pre-applying for the Blue Jet Healthcare IPO means applying for this public issue before it goes live. However, pre-apply for the Blue Jet Healthcare IPO isn’t open currently.

When does pre-apply for the Blue Jet Healthcare IPO open and how can you pay for it?

The pre-apply for the Blue Jet Healthcare IPO will begin two days before Blue Jet Healthcare IPO release date. After pre-applying, once the IPO goes live, you will receive a UPI mandate. Accept this to block the IPO application amount and successfully place your bid.

How to apply for Blue Jet Healthcare IPO? Or How to invest in Blue Jet Healthcare IPO?

You can apply on Upstox’s website and app, once the Blue Jet Healthcare IPO opens for subscription.

When does the Blue Jet Healthcare IPO open and close for the subscription?

The dates for the Blue Jet Healthcare IPO haven’t been announced yet.

What’s the lot size and minimum investment needed for the Blue Jet Healthcare IPO?

The details of the Blue Jet Healthcare IPO lot size haven’t been announced yet.

What is the price band for the Blue Jet Healthcare IPO?

The price band for the Blue Jet Healthcare IPO isn’t available currently.

What’s the size of the Blue Jet Healthcare IPO?

The size of the Blue Jet Healthcare IPO has not been announced yet.

How many bids can I place for the Blue Jet Healthcare IPO?

You can place up to three bids for an application.

Can these bids be placed at different times during the IPO subscription period?

No, the bids have to be placed at one go. If you want to add an additional bid, then you would have to delete your application and re-apply.

When will Blue Jet Healthcare shares be credited to your demat account?

The date for crediting Blue Jet Healthcare shares to the demat account has not been announced yet.

Which exchanges will Blue Jet Healthcare shares list on?

Blue Jet Healthcare shares will on NSE and BSE

When will Blue Jet Healthcare shares list on the exchanges?

The listing date has not been announced yet.