Comparison between Blue Jet Healthcare IPO and Updater IPO.
Blue Jet Healthcare IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Updater 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 Updater IPO is up to ₹640.00 Cr. The final issue price of Blue Jet Healthcare IPO is ₹346.00 per share and of Updater IPO is ₹300.00 per share.
| Blue Jet Healthcare IPO | Updater IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹329.00 per share | ₹280.00 per share |
| Issue Price (Upper) | ₹346.00 per share | ₹300.00 per share |
| Issue Price (Final) | ₹346.00 per share | ₹300.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 43 shares | 50 shares |
| Fresh Issue Size | 0 shares | 1,33,33,333 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 2,42,85,160 shares | 80,00,000 shares |
| OFS Issue Size (Amount) | up to ₹840.27 Cr | up to ₹240.00 Cr |
| Issue Size Total | 2,42,85,160 shares | 2,13,33,333 shares |
| Issue Size Total (Amount) | up to ₹840.27 Cr | up to ₹640.00 Cr |
Blue Jet Healthcare IPO opens on Oct 25, 2023, while Updater IPO opens on Sep 25, 2023. The closing date of Blue Jet Healthcare IPO and Updater IPO is Oct 27, 2023, and Sep 27, 2023, respectively.
| Blue Jet Healthcare IPO | Updater IPO | |
|---|---|---|
| Anchor Bid Date | Oct 23, 2023 | Sep 22, 2023 |
| Issue Open | Oct 25, 2023 | Sep 25, 2023 |
| Issue Close | Oct 27, 2023 | Sep 27, 2023 |
| Basis Of Allotment (Tentative) | Oct 30, 2023 | Sep 28, 2023 |
| Initiation of Refunds (Tentative) | Oct 31, 2023 | Sep 29, 2023 |
| Credit of Share (Tentative) | Oct 31, 2023 | Oct 03, 2023 |
| Listing date (Tentative) | Nov 01, 2023 | Oct 04, 2023 |
| Anchor Lockin End date 1 | Nov 29, 2023 | Oct 28, 2023 |
| Anchor Lockin End date 2 | Jan 28, 2024 | Dec 27, 2023 |
Blue Jet Healthcare IPO P/E ratio is 37.49, as compared to Updater IPO P/E ratio of 44.31.
| Blue Jet Healthcare IPO | Updater IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 80.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 86 | 58.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 37.49 | 44.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹6001.90 Cr. | ₹2001.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.60% | 9.40% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.91% | 14.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.23 | ₹6.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.48% | 9.34% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Blue Jet Healthcare IPO Retail Individual Investors (RII) are offered 84,99,806 shares while in Updater 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 64,00,001 shares in Updater IPO.
| Blue Jet Healthcare IPO | Updater IPO | |
|---|---|---|
| Anchor Investor Reservation | 72,85,548 shares | 96,00,000 shares |
| Market Maker Reservation | ||
| QIB | 48,57,032 shares | 64,00,001 shares |
| NII | 36,42,774 shares | 31,99,999 shares |
| RII | 84,99,806 shares | 21,33,333 shares |
| Employee | ||
| Others | ||
| Total | 2,42,85,160 shares | 2,13,33,333 shares |
Blue Jet Healthcare IPO subscribed 7.95x in total, whereas Updater IPO subscribed 2.96x.
| Blue Jet Healthcare IPO | Updater IPO | |
|---|---|---|
| QIB (times) | 13.72x | 4.50x |
| NII (times) | 13.59x | 0.89x |
| Big NII (times) | 15.65x | 1.07x |
| Small NII (times) | 9.48x | 0.53x |
| RII (times) | 2.24x | 1.45x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.95x | 2.96x |
