BLUEJETNSEBlue Jet Healthcare LimitedHighNegative
Announced Tue, 9 Sept · 17:03 IST

Akshay Bansarilal Arora has informed the Exchange about an announcement with respect to offer for sale through Stock Exchange Mechanism for sale upto 59,25,925 Equity shares of face value of INR 2/- each of Blue Jet Healthcare Limited. Date and time of the opening of the offer for Non-Retail Investors: September 10, 2025 at 9:15 a.m.; Date and time of the closing of the offer for Non-Retail Investors: September 10, 2025 at 3:30 p.m.; Date and time of the opening of the offer for Retail Investors: September 11, 2025 at 9:15 a.m.; Date and time of the closing of the offer for Retail Investors: September 11, 2025 at 3:30 p.m. The Sale shall continue to take place on a separate window of the Stock Exchanges commencing at 9:15 a.m. and shall close at 3:30 p.m. (Indian Standard Time) on the same date. The Floor Price for the Offer shall be INR 675/- (Rupees Six Hundred and Seventy Five only).

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AI summary

Akshay Bansarilal Arora, a member of the promoter group of Blue Jet Healthcare, plans to sell up to 59,25,925 equity shares (face value INR 2 each) through the stock exchange OFS mechanism. The floor price has been fixed at INR 675 per share. Non-retail investors can bid on September 10, 2025 (9:15 AM to 3:30 PM), while retail investors get a separate window on September 11, 2025 (9:15 AM to 3:30 PM). The sale will happen on a separate trading window on the exchanges. Retail investors can also choose to place an offer-at-floor or cut-off price bid through their brokers.

Likely market impact

The OFS will increase the floating supply of shares in the market, which may put short-term downward pressure on the stock price. Existing retail shareholders could use the floor price (INR 675) as a reference point and may get a chance to buy shares directly at or near this price, while promoter's stake in the company will reduce.