Blue Jet Healthcare’s initial public offering (IPO) has had a successful start in the stock market.
The IPO was listed on the BSE at Rs 359.90 per share and on the NSE at Rs 380 with a 9.8% premium.
Later, the Blue Jet Healthcare IPO reached Rs 402.35 with a 16.28% premium. The IPO had a price range of Rs 329 to Rs 346.
How Long Was It Open?
This IPO was open for investors from October 25 to October 27, 2023. The lot size for the IPO was set at 43 shares, requiring an investment of at least Rs 14,878 from each investor.
Retail investors could bet on a maximum of 13 lots. The company raised Rs 252.08 crore through anchor investors.
Nearly 8 Times Subscription on the Last Day
On the final day, the Blue Jet Healthcare IPO was subscribed 7.95 times. In the retail category, it was subscribed 2.24 times, while in the qualified institutional category, it saw a subscription of 13.72 times.
Non-institutional investors subscribed 13.59 times. On the first day of the IPO opening, it received a subscription of 0.70 times, and on the second day, it reached 1.32 times.
