Blue Jet's secondary offer to open on October 25, 2023.
The primary market is once again gearing for hectic activities with around six main board IPOs and over 15 SME IPOs in coming two months period.
For the ensuing week, we have one main board IPO from Blue Jet Healthcare Ltd. that has created a niche place in the segment and is said to be the first mover with virtual monopoly products.
This IPO is a secondary offer as the entire issue is by way of Offer for Sale (OFS). My review and rational can bee seen on the following link:
Investors are advised to consult their financial advisors before making any final decision on the investment in this issue.
According to the management, they are having afoot expansion of capacities by 50% in coming two years that will not only enhance its top line, but will also contribute in its bottom line. The company has nearly 85% revenue from global markets and such trends will be maintained going forward.
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1 年Sir thanks for this information.