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Ahead of IPO, Blue Jet Healthcare mobilises Rs 252 crore from anchor investors
![IndiaTimes]()
Tuesday, 24 October 2023
Pharmaceutical ingredient maker Blue Jet Healthcare has raised Rs 252 crore from anchor investors ahead of its IPO. The company has allotted shares to 22 funds at Rs 346 apiece, the upper end of the price band. The bidding for the IPO, which is an Offer for Sale (OFS) component, will open for public subscription on October 25-27. The IPO is expected to fetch between Rs 799 crore and Rs 840.27 crore. Blue Jet Healthcare focuses on niche products for pharmaceutical companies and has three manufacturing facilities in Maharashtra.
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Tuesday, 24 October 2023
