BSE notice, “effective from Wednesday, November 1, 2023, the equity shares of Blue Jet Healthcare Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' Group of Securities." Blue Jet Healthcare shares will list on BSE and NSE in a special pre-open session during Wednesday deals at around 9:45 am whereas Blue Jet Healthcare shares will become available for trade at 10:00 AM. Blue Jet IPO received decent response from investors across all categories.
Most analysts had issued ‘Subscribe’ rating to the IPO of the specialty pharmaceutical company considering its strong business prospects, healthy return ratios, forward integration, greenfield expansion plans and promising industry outlook. Also Read: Mish Designs IPO: Check GMP, subscription status on day 1, other key details Blue Jet Healthcare IPO was subscribed 7.95 times from October 25 to October 27.
The public issue received 2.24 times subscription in the retail category, 13.72 times in Qualified Institutional Bidders’ (QIB) category, and 13.59 times in the Non-Institutional Investors’ (NII) category. Stock market experts said that Blue Jet Healthcare IPO listing price would be around ₹366 to ₹368 and an allottee can expect up to 6% listing gain on Blue Jet Healthcare listing date.
(Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) Shivani Nyati, Head of Wealth, Swastika Investmart Ltd. believes Blue Jet Healthcare shares may see flat to positive listing “Blue Jet Healthcare IPO GMP is currently at ₹20, which indicates a decent listing.
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