Blue Jet Healthcare shares rally 9% after Rs 800 crore QIP allotment

Blue Jet Healthcare shares rallied 9 percent after the company completed a Rs 800 crore qualified institutional placement (QIP), allotting 15.81 million equity shares at Rs 506 per share to institutional investors. Shamyak Investment was the largest allottee with 34.38 percent of the issue, while multiple ICICI Prudential Mutual Fund schemes collectively took a significant portion. The successful fund raise, with a 4.83 percent discount to floor price, lifted the company's paid-up equity capital from Rs 34.69 crore to Rs 37.85 crore and is expected to support expansion plans.