Comparison between Blue Jet Healthcare IPO and Gandhar Oil Refinery IPO.
Blue Jet Healthcare IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Gandhar Oil Refinery IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Blue Jet Healthcare IPO is up to ₹840.27 Cr whereas the issue size of the Gandhar Oil Refinery IPO is up to ₹500.69 Cr. The final issue price of Blue Jet Healthcare IPO is ₹346.00 per share and of Gandhar Oil Refinery IPO is ₹169.00 per share.
| Blue Jet Healthcare IPO | Gandhar Oil Refinery IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹2 per share |
| Issue Price (Lower) | ₹329.00 per share | ₹160.00 per share |
| Issue Price (Upper) | ₹346.00 per share | ₹169.00 per share |
| Issue Price (Final) | ₹346.00 per share | ₹169.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 43 shares | 88 shares |
| Fresh Issue Size | 0 shares | 1,78,69,822 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹302.00 Cr |
| OFS Issue Size | 2,42,85,160 shares | 1,17,56,910 shares |
| OFS Issue Size (Amount) | up to ₹840.27 Cr | up to ₹198.69 Cr |
| Issue Size Total | 2,42,85,160 shares | 2,96,26,732 shares |
| Issue Size Total (Amount) | up to ₹840.27 Cr | up to ₹500.69 Cr |
Blue Jet Healthcare IPO opens on Oct 25, 2023, while Gandhar Oil Refinery IPO opens on Nov 22, 2023. The closing date of Blue Jet Healthcare IPO and Gandhar Oil Refinery IPO is Oct 27, 2023, and Nov 24, 2023, respectively.
| Blue Jet Healthcare IPO | Gandhar Oil Refinery IPO | |
|---|---|---|
| Anchor Bid Date | Oct 23, 2023 | Nov 21, 2023 |
| Issue Open | Oct 25, 2023 | Nov 22, 2023 |
| Issue Close | Oct 27, 2023 | Nov 24, 2023 |
| Basis Of Allotment (Tentative) | Oct 30, 2023 | Nov 28, 2023 |
| Initiation of Refunds (Tentative) | Oct 31, 2023 | Nov 29, 2023 |
| Credit of Share (Tentative) | Oct 31, 2023 | Nov 29, 2023 |
| Listing date (Tentative) | Nov 01, 2023 | Nov 30, 2023 |
| Anchor Lockin End date 1 | Nov 29, 2023 | Dec 28, 2023 |
| Anchor Lockin End date 2 | Jan 28, 2024 | Feb 26, 2024 |
Blue Jet Healthcare IPO P/E ratio is 37.49, as compared to Gandhar Oil Refinery IPO P/E ratio of .
| Blue Jet Healthcare IPO | Gandhar Oil Refinery IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Proforma Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 87.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 86 | 64.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 37.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹6001.90 Cr. | ₹1654.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.60% | 32.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.91% | 41.19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.23 | ₹23.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.48% | 32.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Blue Jet Healthcare IPO Retail Individual Investors (RII) are offered 84,99,806 shares while in Gandhar Oil Refinery IPO retail investors are offered 84,99,806 shares. Qualified Institutional Buyers (QIB) are offered 48,57,032 shares in Blue Jet Healthcare IPO and 59,25,347 shares in Gandhar Oil Refinery IPO.
| Blue Jet Healthcare IPO | Gandhar Oil Refinery IPO | |
|---|---|---|
| Anchor Investor Reservation | 72,85,548 shares | 88,88,018 shares |
| Market Maker Reservation | ||
| QIB | 48,57,032 shares | 59,25,347 shares |
| NII | 36,42,774 shares | 44,44,010 shares |
| RII | 84,99,806 shares | 1,03,69,357 shares |
| Employee | ||
| Others | ||
| Total | 2,42,85,160 shares | 2,96,26,732 shares |
Blue Jet Healthcare IPO subscribed 7.95x in total, whereas Gandhar Oil Refinery IPO subscribed 65.63x.
| Blue Jet Healthcare IPO | Gandhar Oil Refinery IPO | |
|---|---|---|
| QIB (times) | 13.72x | 129.06x |
| NII (times) | 13.59x | 64.34x |
| Big NII (times) | 15.65x | 61.93x |
| Small NII (times) | 9.48x | 69.17x |
| RII (times) | 2.24x | 29.93x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.95x | 65.63x |
