Blue Jet Healthcare, a Mumbai-based pharmaceutical and healthcare ingredient company, has announced the allotment status of its initial public offering (IPO) on October 31. The Blue Jet IPO, which had a price band of ₹329 to ₹346 per share, was open from October 25 to October 28.
Decent subscription:
On its final day, the Blue Jet IPO was subscribed 7.95 times, with bids received for 13.51 crore equity shares against the 1.70 crore shares on offer. The qualified institutional buyer portion was subscribed 13.72 times, while the non-institutional investor portion was subscribed 13.59 times. The retail portion saw decent participation and was subscribed 2.24 times.
Grey market premium:
Currently, the shares of Blue Jet are commanding a grey market premium (GMP) of ₹25 per share. The GMP represents the premium at which IPO shares are traded unofficially before being listed on the stock exchanges.
Checking IPO allotment status:
To check the Blue Jet IPO allotment status, you can visit the registrar’s website. On the website, select ‘Blue Jet’ after clicking on ‘Select Company’. Enter your PAN, application number, DP/Client ID, or Account number/IFSC, and input the captcha. After submitting, you will be able to see your application status, including the number of shares applied for and allotted.
Alternatively, you can also check the Blue Jet IPO allotment status on the BSE and NSE websites. On the BSE website, click on ‘Equity’ and select ‘Blue Jet’ to enter your application number and PAN. On the NSE website, you can log in to check your allotment status.
Listing date:
The shares of Blue Jet will be listed on the stock exchanges on November 6.
In conclusion, Blue Jet Healthcare’s IPO received a decent subscription and is set to be listed on November 6. Investors can check their allotment status on the registrar’s website, BSE, or NSE.