FREE Account Opening + No Clearing Fees
Loading...

Blue Jet Healthcare Limited IPO (Blue Jet Healthcare IPO) Detail

October 25, 2023 - October 27, 2023

Blue Jet Healthcare IPO is a book built issue of Rs 840.27 crores. The issue is entirely an offer for sale of 2.43 crore shares.

Blue Jet Healthcare IPO bidding started from October 25, 2023 and ended on October 27, 2023. The allotment for Blue Jet Healthcare IPO was finalized on Monday, October 30, 2023. The shares got listed on BSE, NSE on November 1, 2023.

Blue Jet Healthcare IPO price band is set at ₹329 to ₹346 per share. The minimum lot size for an application is 43 Shares. The minimum amount of investment required by retail investors is ₹14,878. The minimum lot size investment for sNII is 14 lots (602 shares), amounting to ₹208,292, and for bNII, it is 68 lots (2,924 shares), amounting to ₹1,011,704.

Kotak Mahindra Capital Company Limited, ICICI Securities Limited and J.P. Morgan India Private Limited are the book running lead managers of the Blue Jet Healthcare IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Blue Jet Healthcare IPO RHP for detailed information.

Blue Jet Healthcare IPO Details

IPO Date October 25, 2023 to October 27, 2023
Listing Date November 1, 2023
Face Value ₹2 per share
Price Band ₹329 to ₹346 per share
Lot Size 43 Shares
Total Issue Size24,285,160 shares
(aggregating up to ₹840.27 Cr)
Offer for Sale24,285,160 shares of ₹2
(aggregating up to ₹840.27 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue173,465,425
Share holding post issue173,465,425

Blue Jet Healthcare IPO Reservation

Blue Jet Healthcare IPO offers 24,285,160 shares. 4,857,032 (20.00%) to QIB, 3,642,774 (15.00%) to NII, 8,499,806 (35.00%) to RII and 7,285,548 (30.00%) to Anchor investors. 197,669 RIIs will receive minimum 43 shares and 2,017 (sNII) and 4,034 (bNII) will receive minimum 602 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered7,285,548 (30.00%)NA
QIB Shares Offered4,857,032 (20.00%)NA
NII (HNI) Shares Offered3,642,774 (15.00%)
  bNII > ₹10L2,428,516 (10.00%)4,034
  sNII < ₹10L1,214,258 (5.00%)2,017
Retail Shares Offered8,499,806 (35.00%)197,669
Total Shares Offered24,285,160 (100%)

Blue Jet Healthcare IPO Anchor Investors Details

Blue Jet Healthcare IPO raises Rs 252.08 crore from anchor investors. Blue Jet Healthcare IPO Anchor bid date is October 23, 2023. Blue Jet Healthcare IPO Anchor Investors list

Bid Date October 23, 2023
Shares Offered 7,285,548
Anchor Portion Size (In Cr.) 252.08
Anchor lock-in period end date for 50% shares (30 Days) November 29, 2023
Anchor lock-in period end date for remaining shares (90 Days) January 28, 2024

Blue Jet Healthcare IPO Timeline (Tentative Schedule)

Blue Jet Healthcare IPO opens on October 25, 2023, and closes on October 27, 2023.

IPO Open Date Wednesday, October 25, 2023
IPO Close Date Friday, October 27, 2023
Basis of Allotment Monday, October 30, 2023
Initiation of Refunds Tuesday, October 31, 2023
Credit of Shares to Demat Tuesday, October 31, 2023
Listing Date Wednesday, November 1, 2023
Cut-off time for UPI mandate confirmation 5 PM on October 27, 2023

Blue Jet Healthcare IPO Lot Size

Investors can bid for a minimum of 43 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 43 ₹14,878
Retail (Max) 13 559 ₹193,414
S-HNI (Min) 14 602 ₹208,292
S-HNI (Max) 67 2,881 ₹996,826
B-HNI (Min) 68 2,924 ₹1,011,704
Lot Size Calculator

Blue Jet Healthcare IPO Promoter Holding

Akshay Bansarilal Arora, Shiven Akshay Arora and Archana & Akshay Arora are the promoters of the company

Share Holding Pre Issue 100%
Share Holding Post Issue 86%

About Blue Jet Healthcare Limited

Incorporated in 1968, Blue Jet Healthcare is a pharmaceutical and healthcare ingredient and an intermediate company. Blue Jet Healthcare was the first manufacturer of saccharin and its salts (artificial sweeteners) in India. They later expanded into contrast media intermediates, which are used in CT scans and MRIs. The company mainly deals in three product categories: (i) contrast media intermediates, (ii) high-intensity sweeteners, and (iii) pharma intermediates and active pharmaceutical ingredients.

 Blue Jet Healthcare is a global, science-led pharmaceutical company. They are the provider of: 
  • Process development and production capabilities
  • Global regulatory support
  • Collaboration, development, and manufacturing of advanced pharmaceutical intermediates and API.

The company has three manufacturing facilities, which are situated in Shahad (Unit I), Ambernath (Unit II) and Mahad (Unit III) in the state of Maharashtra, India, with an annual installed capacity of 200.60 KL, 607.30 KL and 213.00 KL, respectively, as of June 30, 2023.

Company's core strength lies in the following

  1. Huge manufacturing capacity of contrast media intermediates in India.
  2. The company operates in a niche market that has high entry barriers.
  3. Long-term relationships and long term contracts with multi-national customers.

Blue Jet Healthcare Limited Financial Information (Restated Standalone)

Blue Jet Healthcare Limited's revenue increased by 5.98% and profit after tax (PAT) dropped by -11.88% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Jun 202331 Mar 202331 Mar 2022
Assets903.80862.07713.38
Revenue184.60744.94702.88
Profit After Tax44.12160.03181.59
Net Worth725.68681.49521.54
Reserves and Surplus690.99646.79486.85
Total Borrowing
Amount in ₹ Crore

Key Performance Indicator

The market capitalization of Blue Jet Healthcare IPO is Rs 6001.9 Cr.

KPI Values
ROE26.60%
ROCE31.91%
RoNW23.48%
Pre IPO Post IPO
EPS (Rs) 9.23
P/E (x) 37.4934.02

Objects of the Issue (Blue Jet Healthcare IPO Objectives)

The company will not receive any proceeds from the Offer and all the Offer Proceeds will be received by the Selling Shareholders, in proportion to the Offered Shares sold by the respective Selling Shareholders as part of the Offer.

Blue Jet Healthcare IPO Review (Apply)

[Dilip Davda]  BJHL has created a niche place in the global markets for the products manufactured by it and enjoys long term relationship with marquee customers and FMCGs. It is on capacity expansion spree and hopes to improve its performance in coming years. On the basis of annualized FY24 earnings, the issue appears fully priced. Investors may park funds for the medium to long-term rewards in this long race horse. Read detail review...


Blue Jet Healthcare IPO Subscription Status (Bidding Detail)

The Blue Jet Healthcare IPO is subscribed 7.95 times on October 27, 2023 7:02:00 PM. The public issue subscribed 2.24 times in the retail category, 13.72 times in the QIB category, and 13.59 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB13.72
NII13.59
    bNII (bids above ₹10L)15.65
    sNII (bids below ₹10L)9.48
Retail2.24
Total7.95

Total Application : 393,163 (1.99 times)

Blue Jet Healthcare IPO Prospectus

Blue Jet Healthcare IPO Rating

15
3.2
Rating:Rated 3.2 stars
Vote Here ...

Blue Jet Healthcare IPO Listing Details

Listing Date November 1, 2023
BSE Script Code 544009
NSE Symbol BLUEJET
ISIN INE0KBH01020
Final Issue Price ₹346 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹346.00
₹359.90
₹359.90
₹395.85
₹395.85
NSE
₹346.00
₹380.00
₹378.00
₹417.95
₹413.40

Check IPO Performance…

Blue Jet Healthcare Limited Contact Details

Blue Jet Healthcare Limited
701, 702, 7th Floor, Bhumiraj Costarica
Sector 18, Sanpada
Navi Mumbai, Thane – 400 705
Phone: +91 (22) 4184 0550
Email: companysecretary@bluejethealthcare.com
Website: https://bluejethealthcare.com/

Blue Jet Healthcare IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: bluejet.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Blue Jet Healthcare IPO - Buy or Not

Blue Jet Healthcare IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 14 0 1
Members 2 1 0

Read All Reviews Post Your Review Manage Reviews

Blue Jet Healthcare IPO FAQs

Blue Jet Healthcare IPO is a main-board IPO of 24,285,160 equity shares of the face value of ₹2 aggregating up to ₹840.27 Crores. The issue is priced at ₹329 to ₹346 per share. The minimum order quantity is 43 Shares.

The IPO opens on October 25, 2023, and closes on October 27, 2023.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Blue Jet Healthcare IPO using UPI as a payment gateway. Zerodha customers can apply in Blue Jet Healthcare IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Blue Jet Healthcare IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Blue Jet Healthcare IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Blue Jet Healthcare IPO opens on October 25, 2023 and closes on October 27, 2023.

Blue Jet Healthcare IPO lot size is 43 Shares, and the minimum amount required is ₹14,878.

You can apply in Blue Jet Healthcare IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Blue Jet Healthcare IPO will be done on Monday, October 30, 2023, and the allotted shares will be credited to your demat account by Tuesday, October 31, 2023. Check the Blue Jet Healthcare IPO allotment status.

The Blue Jet Healthcare IPO listing date is on November 1, 2023.
Open an Instant Account with Zerodha

Blue Jet Healthcare IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

Loading...

980 Comments

385. Not So Lucky |   Link |  Bookmark |November 7, 2023 10:44:00 AM
Should one exit from here with whatever little gains and keep funds for other IPOs?
385.2. Elon Maast |   Link |  Bookmark |November 8, 2023 10:26:18 AM
@Rakcyt Sir I m holding one lot of blue jet Should I sell or wait?? Is there blue jet result on 10 November??
385.3. Rakcyt |   Link |  Bookmark |November 8, 2023 8:00:55 PM
IPO Mentor IPO Mentor (800+ Posts, 800+ Likes)
So we have seen action as expected as bad news has been discounted. It is always good to book partial profit and wait for results and take further course of action . It has not fallen below it's support level ....hope it touches 430_ 450 before results and I will sell 300 more out of alloted 1204 shares . Half sold at 400 already.
384. Smile✍️ |   Link |  Bookmark |November 5, 2023 11:35:36 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
Lot of security lacunae are identified in 🔵✈️. Even there is no space to move to the rescue team
On Monday expecting downfall in scrip
Be cautious while trading
383. Sambhav Jain |   Link |  Bookmark |November 4, 2023 10:42:56 AM
Blast occur at the Blue jet factory. Hope for no further casualties.

https://timesofindia.indiatimes.com/city/mumbai/7-injured-11-missing-as-blast-triggers-fire-at-pharma-factory-in-maharashtras-raigad/articleshow/104949566.cms

Interestingly, in this year there was a fire in June as well.

https://health.economictimes.indiatimes.com/news/pharma/1-dead-3-injured-in-explosion-in-pharmaceutical-plant-in-maharashtras-ambernath/100911769

June fire they have not mentioned anywhere. Luckily I sold the two lots on listing day itself.
383.6. Krishna T ✨ |   Link |  Bookmark |November 7, 2023 8:00:48 AM
IPO Guru IPO Guru (1500+ Posts, 900+ Likes)
@Dinesh Singh @Jetha Lal 

It was 1.89% down at the end of the day. It would be great, not to mention LC or never invest kind of words where people allotted IPOs very recently. It ultimately creates panic rather than advice. Was anyone aware about such incident for IPO stock?
383.7. ValueSeeker |   Link |  Bookmark |November 7, 2023 8:51:44 AM
IPO Mentor IPO Mentor (1000+ Posts, 400+ Likes)
Adding to @Krishna T ✨ bhai's point, it may still go down further, but if we trust in the company's fundamentals, we need to stay put.

Whether the incident was unfortunate? Surely was. Ill-timed? Certainly. But if we have faith in the company's execution capabilities, and the investment thesis, it's not over till it's over. Each one of us is entitled to our own different view. That's how transactions happen and markets work, nahi? :-)

Nobody is right or wrong here. Peace.
382. Krishna T ✨ |   Link |  Bookmark |November 3, 2023 9:49:28 AM
IPO Guru IPO Guru (1500+ Posts, 900+ Likes)
Do anyone have idea about next Blue Jet quarterly result?
382.4. Krishna T ✨ |   Link |  Bookmark |November 3, 2023 5:44:32 PM
IPO Guru IPO Guru (1500+ Posts, 900+ Likes)
Why you bought at 422? You should have waited to stabilize the stock price to buy.

For e.g IPO stock:
1. Either buy at pre-open or within some minutes -> sell/keep as a portfolio whatever you thought
2. Or buy only after share stabilizes (may take 4-5 days) to particular range

For IPO, i don't suggest #2 until and unless you want to keep the stock in portfolio, having patience and you like the stock.

If you jump in between for e.g. 1st to 3rd day then no-one can predict the movement for IPO stock. Everything remains fluctuation, at then end we have to wait.. don't see any other way.
382.5. Krishna T ✨ |   Link |  Bookmark |November 3, 2023 10:59:44 PM
IPO Guru IPO Guru (1500+ Posts, 900+ Likes)
@DHARMENDRA SHARMA 

JSW Infrastructure Q2 profit rises 85% to Rs 256 crore:
https://www.moneycontrol.com/news/business/earnings/jsw-infrastructure-q2-profit-rises-85-to-rs-256-crore-11661511.html
381. CCINTREST |   Link |  Bookmark |November 3, 2023 5:11:11 PM
Shd I hold Blue Jet Or exit?. Is it going to become like IRM Energy?. Plz any opinions?
381.1. Param Patel |   Link |  Bookmark |November 4, 2023 10:28:31 AM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
Aag lagi hai bhai bluejet ki factory me Monday ko bhi shayad down hi hoga
380. WSINGH |   Link |  Bookmark |November 2, 2023 5:02:34 PM
I have received amount blocked message from IcICI bank for our 2 SHNI. So, I am sure allotment will be out tonight only. Let's wish allotment for our selves.
379. RealQueen |   Link |  Bookmark |November 1, 2023 3:12:50 PM
market price traded @ 414/-. Anil Sanghvi from Zee business predicted opening price 355-365 in the morning. It opened at 378 and now trading above 400.00+. Very few chartist/analyst are able to predict correctly in the market. They always will tell you if their target achieved and not if not achieved.
379.4. Rakcyt |   Link |  Bookmark |November 2, 2023 12:11:10 AM
IPO Mentor IPO Mentor (800+ Posts, 800+ Likes)
I even believe that Aastha Jain( ET news...earlier she was at Zee don't know was she replaced..... insecurity may be ) has better grip on IPOs than Anil and I do take note of what she says
379.5. Krishna T ✨ |   Link |  Bookmark |November 2, 2023 1:07:23 AM
IPO Guru IPO Guru (1500+ Posts, 900+ Likes)
@Rakcyt 

Boss, kisiko TV dekhne ki jarurat nahi.. Jitne IPO expert CG me bethe hai woh kafi hai.. Jab aap Applied FF message read karte ho tab 6th sense lagake aur above critera consider karke bindass apply karonge. Aap subki bat/bakwas sunoengi to risky IPO kabhi apply kar sakonge. You have to take one stand apply or not, that's it!

ये मजदूर का हाथ है कातिया, लोहा पिघला कर उसका आकार बदल देता है

Thumb rule:
Aise risky IPO me bhi aap max 3-4 out 10 me loss karonge lekin 6-7 me milenge. Daso das ki aasha kabhi mat rakho risky IPO me! For e.g. Mankind bhul javo as a fortunate move, hamne Sai Silks me FF retail 2L wali lagayi thi in mass accounts, hasna mat please as a crazy move. Lekin risk liya to liya, bhale na bad me fati padi ho :) And just imagine, kitne -ve comments ko ignore kiye hoge.
378. Top Contributor |   Link |  Bookmark |November 1, 2023 3:20:42 PM
Unfortunately sold my all quantities @410. will try to buy tomorrow in BSE
378.3. Np patel |   Link |  Bookmark |November 1, 2023 7:29:40 PM (200+ Posts)
@Krishna T ✨  Everything highlighted very well.

I am still holding Aditya Birla AMC and selling it tomorrow - what do you suggest to buy from 8k to cover 5k loss from this stock?

i have holded IRFC since ipo and sold half qty just last month with really good profit.- thinking of to buy it more? the dividend itself can cover average cost.
378.4. Krishna T ✨ |   Link |  Bookmark |November 2, 2023 12:52:53 AM
IPO Guru IPO Guru (1500+ Posts, 900+ Likes)
>> I am still holding Aditya Birla AMC and selling it tomorrow - what do you suggest to buy from 8k to cover 5k loss from this stock?

1. No-one can give guarantee to recover 5K loss from 8K which is initially 30% loss from 15K and your recovery expectation from any stock is 62% share price increase.

2. Many of us from this forum can suggest the shares but no-one can give guarantee for 62% increase in any single/multiple stock you invest.

3. If i would be in your place to remain in share market for this 8K (not bank FD) then as an investor, i will buy and sell and again buy instead of remain static for longer term + distributed portfolio:
- Varun Bevarages
- Mankind
- Sula Vineyards
- Concord
- JSW infra (wait for first result or jump within seconds after result gets declared and +ve news)
- Bank of baroda/Indian bank/Canara bank/any other bank - preference based on lowest NPA
- Tata motors/Mahindra - good automobile stock because demand will remain high in India
- Focus on new great upcoming IPO and buy in pre-listing if good/lesser than GMP listing and sell when you are okay with some profit
- Focus on quarterly results of good companies, immediately buy and sell when you are okay with some profit. For e.g. focus on Cello.
- Focus on trending stocks/sector instead of traditional stocks like infy/tcs/ril which can give marginal/average return only.
- Keep buying shares in small quantity which you get cheaper when crashing market
etc..

Most important rules:
- Patience for great company
- Share bazar me sell karna sikho. Sirf share bazar kar rahe hai to kam profit me bahar nikalna sikho!
- Too much lalach aur hopes buri chhez hai
- Sell kardo fir kharid lo saste me (great company)
- Suno subki lekin karo aapne manki!
- Thokar khavo, loss karo aur fir expert bano!
- Distributed portfolio rakho!
- Babhakti aag me kudna hai to bade profit or bade loss ke liye ready raho (do this only if you are risk taker and do high monitoring)!
- Wait for stabilizing the share price (do this if you low risk taker and do low monitoring)!
- Uncertain events and occasional market crash koi nahi rok sakta, tab patience rakhna hi padega - even fir company ke CEO ne invest kyu nahi kiya ho...
etc..

Everyone may not courage to keep stock for 5-10+ years aur abhi kuch sasta bhi nahi milta pehle jesa!

These are my views (again Suno subki lekin karo aapne manki). I don't do all of the above things because i remain busy with many things other than share market but i felt and experienced most of this!

Chittorgarh folks:
Please correct if anything wrong in above and i'm not expert in anything.
377. Ashish Khater |   Link |  Bookmark |November 1, 2023 8:07:50 PM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Courtesy: Stock Edge App

Jai Jinendra....Jai Shree Ram
377.1. ValueSeeker |   Link |  Bookmark |November 1, 2023 11:26:19 PM
IPO Mentor IPO Mentor (1000+ Posts, 400+ Likes)
Having seen Sanjay Bakshi sir's / Ravi Dharamshi's buying pattern (recently, Zaggle), and looking at the stock's return ratios, this doesn't come as a surprise at all.
376. SSingh |   Link |  Bookmark |November 1, 2023 10:05:44 AM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
"Jet" after listing....
Bought significant shares in preopen.. All the best to those who are holding or purchased in preopen.
Cheers!
376.3. Anil Mwt |   Link |  Bookmark |November 1, 2023 9:21:21 PM (200+ Posts)
Holding 4 shni lot🤞
376.4. Amit banda |   Link |  Bookmark |November 2, 2023 7:25:21 AM
Gm sir
What is the target on your mind in short term
And I am holding also green chef , Magson
🙏
375. PKRAJ |   Link |  Bookmark |November 1, 2023 5:25:44 PM
It was a great listing today. My thinking proved wrong for this IPO. I feel sorry for that. Many members were also against this IPO. To predict Share Market is not a joke. Still investors feel what will happen tomorrow. Listing gain remarkable.
But the difference in listing price in both BSE and NSE is a matter of concern for investors. Some game plan by operators. A difference of about 6% or so. There after uppercut also. Difficult to digest. Operators made money in NSE and bought in BSE. Future to watch. In such circumstances the views of some of the members have also changed.
375.4. PKRAJ |   Link |  Bookmark |November 2, 2023 11:14:44 AM
@Krishna T ✨ and @PLAZA 
Nothing is in our hands
We all get according to our luck. Nothing less or nothing more. We are never sure about any thing. Some investors believe in pre open selling, irrespective of profit or loss. Some take decision immediately after listing and others have their own plans either short term or long term.
It's always not possible to get the maximum.
It's very easy for anyone to comment afterwards. Just like cricket. Like commentators.

Here I want to share one thing. Many times I am against subscribing the issue for many reasons and AVOID.
But through some of my keen contacts, I receive call or I contact them at last minute. I then apply on last minute as per the advic, inspite of AVOID call by me.
First example was of MEDANTA, second MANKIND, got full allotment in both. Got good profit. Holding MEDANTA. Then R R Kable applied 1 retail and 1 sHNI, got both allotment. Sold half and holding other half. Last was BLUE JET applied and did not get any allotment. In these cases I had only 10 to 15 minutes to apply and difficult to share on last minute.
It happens and feel sorry for my earlier posts where I said AVOID and then applied.
Sorry Members.

These all were exceptions and beyond my control.
375.5. Krishna T ✨ |   Link |  Bookmark |November 3, 2023 11:16:38 PM
IPO Guru IPO Guru (1500+ Posts, 900+ Likes)
Agree, enjoy @PKRAJ and @PLAZA !
374. ValueSeeker |   Link |  Bookmark |November 1, 2023 7:59:03 PM
IPO Mentor IPO Mentor (1000+ Posts, 400+ Likes)
Total volume of 2.47 Cr today (that is more than 1x the issue size), with delivery of 1.22 Cr shares! That's almost 50% delivery volume, which is commendable on listing day, and augurs well for immediate future.
373. The Nest |   Link |  Bookmark |November 1, 2023 6:37:25 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Any have a bulk deal data???
373.1. Rakcyt |   Link |  Bookmark |November 1, 2023 7:18:11 PM
IPO Mentor IPO Mentor (800+ Posts, 800+ Likes)
Sheer volumes in trades will tell you the stories...by 3 pm 2.2 Cr shares traded.....should be some bulk deals. It has space to move further
372. Suddhi |   Link |  Bookmark |November 1, 2023 5:47:11 PM
HOLD Blue Jet Healthcare target 500
371. Krishna T ✨ |   Link |  Bookmark |November 1, 2023 2:30:11 PM
IPO Guru IPO Guru (1500+ Posts, 900+ Likes)
Sold 2 sHNI at 404.
371.1. Krishna T ✨ |   Link |  Bookmark |November 1, 2023 3:49:58 PM
IPO Guru IPO Guru (1500+ Posts, 900+ Likes)
Another 2 sHNI order was at 418 and stock price returned from 417.95 🔥🔥🔥
370. KPCT |   Link |  Bookmark |November 1, 2023 3:37:59 PM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
What's PE at this price 🤣
369. Top Contributor |   Link |  Bookmark |November 1, 2023 3:17:53 PM
Near to the upper circuit in NSE.
368. Np patel |   Link |  Bookmark |November 1, 2023 2:37:42 PM (200+ Posts)
404 🔥 🔥
Unfortunately I put limit of 400 and it’s gone.
I would hold till end or maybe for few more days.
367. Sambhav Jain |   Link |  Bookmark |November 1, 2023 2:30:34 PM
Again Upper circuit at BSE and in NSE crossed 400+.
Gazab game chll raha hai
366. newgen consultancy |   Link |  Bookmark |November 1, 2023 12:43:31 PM
IPO Guru IPO Guru (3200+ Posts, 5300+ Likes)
Sorry Was Very Busy the whole day
Still busy but traveling so thought to post

The Listing was very Strong , inline and above GMP .
It was clearly said that if lists at 380~ then book half Investment
If you have booked then hold and keep a target of 410-420 in small span of time

If you are still holding Full lot
Then Book 50% at 400 , 2-3Rs. Up-Down as per your convenience

And can hold remaining for 410-420

All are saying It was a Operator game its partially true but also Company's quality is also good and they deserved that Listing

Iska Hogaya ab Cello ko dekhte he
366.2. newgen consultancy |   Link |  Bookmark |November 1, 2023 12:51:55 PM
IPO Guru IPO Guru (3200+ Posts, 5300+ Likes)
This is not Jupiter
If you have bought no problem
Can hold for 420 which will be around 10.5%
366.3. A.K. Goyal |   Link |  Bookmark |November 1, 2023 2:20:10 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
thanks sir, sold 300 at 395, now waiting for 420