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Blue Jet Healthcare lists with 4% premium on the BSE

01 Nov 2023 Evaluate

Blue Jet Healthcare has debuted at Rs 359.90 on the BSE, up by 13.90 points or 4.02% from its issue price of Rs 346.00.

The scrip is currently trading at Rs 384.85, up by 38.85 points or 11.23% from its issue price. It has touched a high and low of Rs 395.85 and Rs 359.90 respectively. So far 19.15 lakh shares were traded on the counter.

The offering, which was open for subscription between October 25, 2023 and October 27, 2023 was subscribed nearly 8 times. The issue price was fixed at Rs 346 per share i.e. at upper end of price band of Rs 329-346 apiece.

The Mumbai-based Blue Jet Healthcare, is a specialty pharmaceutical and healthcare ingredient and intermediate company, offering niche products targeted towards innovator pharmaceutical companies and multinational generic pharmaceutical companies.


Peers
Company Name CMP
Sun Pharma. Inds. 1853.50
Dr. Reddys Labs. 1202.80
Cipla 1397.20
Lupin 2090.00
Zydus Lifesciences 1202.00
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