30 Oct 2023 , 10:09 AM
Blue Jet Healthcare’s Rs 840.27 crore initial public offer (IPO) closed for subscription on October 27, with a subscription rate of 7.95 times. Qualified institutional bidders (QIBs) oversubscribed by 13.72 times, while non-institutional investors saw a 13.59 times subscription. Retail investors’ portion was nearly 2.25 times subscribed during the bidding process.
The IPO was priced in the range of Rs 329-346 per share, with a lot size of 43 shares. The allotment is scheduled for November 1.
Investors can check their allotment status on the BSE website or via the company’s registrar, Link Intime India Private Limited, by providing their application number and PAN details.
JP Morgan India, Kotak Mahindra Capital Company, and ICICI Securities are the book running lead managers for the Blue Jet Healthcare IPO. The shares are anticipated to be listed on BSE and NSE on November 6, in accordance with the IPO schedule.
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