The issue had opened on July 6 and closed on July 9. The committee on Thursday approved the issue and allotment of 1.58 crore equity shares to eligible qualified institutional buyers at the issue price of ₹506 apiece aggregating to ₹800 crore.
Issue price of the QIP is ₹506 per share, which is a discount of nearly 12% from the stock’s closing price on Thursday.
Post the allotment, Blue Jet Healthcare’s paid-up equity share capital stands at ₹37.85 crore comprising 18.92 crore equity shares of ₹2 each from the previous ₹34.69 crore consisting of 17.34 equity shares of ₹2 each.
Only two institutions were allotted nearly two-thirds of the shares reserved as part of the QIP fund raise. These included one systemically important non-banking financial company (SI-NBFC) and the other being a major mutual fund house.
Following are the allotment details of the QIP:
| Allottees | No. of equity shares allotted | % of total issue size | Category |
| Shamyak Investment Pvt. Ltd. | 54.34 lakh | 34.38% | SI-NBFC |
| ICICI Prudential PHD Fund | 9.19 lakh | 5.82% | Mutual Fund |
| ICICI Prudential Manufacturing Fund | 12.87 lakh | 8.15% | Mutual Fund |
| ICICI Prudential MNC Fund | 3.31 lakh | 2.09% | Mutual Fund |
| ICICI Prudential Quant Fund | 36,800 | 0.23% | Mutual Fund |
| ICICI Prudential Equity Savings Fund | 9.19 lakh | 5.82% | Mutual Fund |
| ICICI Prudential Value Fund | `16.55 lakh | 10.47% | Mutual Fund |
| ICICI Prudential Quality Fund | 1.83 lakh | 1.16% | Mutual Fund |
At the end of the June quarter, promoters and promoter groups of Blue Jet Healthcare held 79.81% stake in the company, as per data available on the exchanges, while public shareholders held a 20.19% stake. Of this, mutual funds held a total of 1.72% stake, including ICICI Prudential PHD Fund holding 1.11%.
Shares of Blue Jet Healthcare were trading 3.8% up at ₹596.5 apiece at 9.40 am on Friday. The stock has gained 27% in the past month and 12.8% this year, so far.
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