Blue Jet Healthcare is set to debut in the secondary market. The company’s GMP is currently at Rs 20, which indicates a decent listing. Based on the IPO’s upper price band of Rs 346, the estimated listing price of Blue Jet Healthcare shares is Rs 366, which is a premium of around 5 to 6 percent. The issue was subscribed to 7.95 times. The company manufactures contrast media intermediates and high-intensity sweeteners. where it has the benefit of high entry barriers and a long-term relationship with multinational customers. Given the current GMP and the market’s sentiment, it is likely that Blue Jet Healthcare may witness a flat to positive listing,” said Shivani Nyati, Head of Wealth, Swastika Investmart.Read More:
