BLUEJETNSEBlue Jet Healthcare LimitedHighNeutral
Announced Thu, 9 Jul · 22:45 IST

Blue Jet Healthcare QIP raises Rs 800 cr at Rs 506 per share

Qip At DiscountMarquee Qip InvestorFund Raising View source PDF

BLUEJET · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+5.4%1-day move
₹575.75
prior close
₹608.00
base price
After-mkt
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-1.3-1.4-1.9-1.3+5.4+5.1+4.4+2.1+1.2+2.4
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AI summary

Blue Jet Healthcare has allotted 15,810,276 equity shares at Rs 506 each through a Qualified Institutions Placement, raising Rs 800 crore. The issue price included a 4.83 percent discount to the floor price. Major allottees include Shamyak Investment at 34.38 percent and ICICI Prudential Mutual Fund schemes clubbed together at 33.75 percent. Paid-up equity capital rose to Rs 37.86 crore from Rs 34.69 crore after the allotment.

Likely market impact

About 8.3 percent equity dilution from QIP. Strong marquee MF participation is positive, but 4.83 percent floor price discount suggests cautious pricing.