Blue Jet Healthcare IPO GMP History
Blue Jet Healthcare IPO has been listed on November 1, 2023 at a listing price of ₹380, against the issue price of ₹346 — a gain of ₹34 (+9.83%). The GMP peaked at ₹100 on 20 October 2023 and reached a low of ₹20 on 30 October 2023. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Blue Jet Healthcare IPO raised ₹840.27 Cr. through its IPO at a price band of ₹329 to ₹346 per share, with a lot size of 43 shares. The IPO was open for subscription from 25 Oct 2023 to 27 Oct 2023.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:13 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 31 Oct 2023 | ₹ 21 | ▲ | 6% | — | — |
| 30 Oct 2023 | ₹ 20 | — | 6% | — | — |
| 28 Oct 2023 | ₹ 20 | ▼ | 6% | — | — |
| 27 Oct 2023 | ₹ 25 | ▼ | 7% | — | — |
| 26 Oct 2023 | ₹ 45 | ▼ | 13% | — | — |
| 25 Oct 2023 | ₹ 70 | ▼ | 20% | — | — |
| 23 Oct 2023 | ₹ 95 | ▼ | 27% | — | — |
| 20 Oct 2023 | ₹ 100 | — | 29% | — | — |
Blue Jet Healthcare IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 25 Oct 2023
- Close 27 Oct 2023
- Allotment 30 Oct 2023
- Refund/credit 31 Oct 2023
- Listing 01 Nov 2023
Blue Jet Healthcare IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹346 |
|---|---|
| GMP-based estimate (pre-listing) | ₹367 (+6.1%) |
| Listing gain / loss | +₹34 per share |
| Listing date | 01 Nov, 2023 |
| Actual listing price | ₹380 (+9.83%) |
Is Blue Jet Healthcare IPO GMP reliable?
Grey market premium for Blue Jet Healthcare IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Blue Jet Healthcare IPO full review for a fundamentals-based assessment before making any grey market trades.
Blue Jet Healthcare IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Blue Jet Healthcare IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Blue Jet Healthcare IPO
Blue Jet Healthcare Limited was incorporated as Jet Chemicals Private Limited at Mumbai on 7 December 1968. It is a speciality pharmaceutical and healthcare ingredients and intermediates company.
It started as the first maker of saccharin and its salts in India and later expanded into contrast media intermediates used in CT scans and MRIs. Its three product groups are contrast media intermediates, high intensity sweeteners, and pharma intermediates and APIs.
On 30 June 2023 it ran three manufacturing facilities at Shahad, Ambernath and Mahad in Maharashtra, and an R&D laboratory in Ambernath. It has long-term contracts with its largest customers.
The IPO was Rs 840.27 crore and was entirely an offer for sale by the promoters, so the company received none of the money.
Frequently asked
What is the GMP of Blue Jet Healthcare IPO?
The current Grey Market Premium (GMP) of Blue Jet Healthcare IPO is ₹ 21.
What is the Kostak Price of Blue Jet Healthcare IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Blue Jet Healthcare IPO is not available.
What is the Subject to Sauda Price of Blue Jet Healthcare IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Blue Jet Healthcare IPO?
Blue Jet Healthcare IPO listed on November 1, 2023 at ₹380, against the issue price of ₹346 — a gain of +9.83%.
How did the GMP of Blue Jet Healthcare IPO trend before listing?
The GMP of Blue Jet Healthcare IPO was rising in its final days before listing. The GMP peaked at ₹100 on 20 October 2023. View the day-wise table above for the complete GMP history.
Explore Blue Jet Healthcare IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
