Shares of Blue Jet Healthcare Ltd slipped 2.5% to ₹712.35 on Wednesday as its promoter Akshay Bansarilal Arora launched a two-day Offer for Sale (OFS) worth up to ₹800 crore.
OFS details
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Shares on sale: Up to 5.93 million shares (3.42% of equity)
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Floor price: ₹675 per share — 7.6% discount to Tuesday’s NSE close of ₹730.75
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Base offer size: ₹400 crore, with an option to retain oversubscription of another ₹400 crore
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Stake dilution: Up to 6.83% of paid-up equity may change hands
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Schedule:
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T Day (Sep 10): Non-retail investors only
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T+1 Day (Sep 11): Retail investors + unallotted non-retail bids
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Promoter holding structure (as of June 30, 2025):
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Akshay Bansarilal Arora: 68.99%
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Shiven Akshay Arora: 10.96%
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Archana Akshay Arora: 6.05%
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Total promoter holding: 86% (to be reduced to meet SEBI’s 75% cap)
Market snapshot
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Current Price: ₹712.35 (↓2.52%)
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Market Cap: ₹123.56B
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P/E Ratio: 34.46
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Dividend Yield: 0.17%
The OFS is aimed at meeting SEBI’s minimum public shareholding requirement of 25%.
