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Blue Jet Healthcare: Stock falls after company’s promoter to sell 3.42% stake

Blue Jet Healthcare announced its promoter will sell up to 3.42% of shares through an offer for sale, with an option to increase total sale to 6.83%.

Introduction

Leading specialty pharmaceutical firm announced its promoter will sell up to 3.42% of equity through an offer for sale, with a floor price of ₹675 per share and an oversubscription option.

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Share price movement of Blue Jet Healthcare

On September 10, 2025, Blue Jet Healthcare Ltd opened at ₹705.10, down 3.63% from its previous close of ₹731.30. The stock reached a high of ₹722.05 and a low of ₹703.65. By 11:57 AM, it traded at ₹716.05, a 2.09% decrease, with a market cap of ₹12,420.99 crore.

Blue Jet Healthcare Promoter to Sell Shares

Blue Jet Healthcare announced that its promoter, Akshay Bansarilal Arora, will sell up to 5.93 million shares, representing 3.42% of the company’s equity, through an offer for sale (OFS).

The offer for sale will open on September 10 for non-retail investors and on September 11 for retail investors, as per the company’s exchange filing.

The promoter has provided an oversubscription option to sell an additional 5.93 million shares. The floor price is set at ₹675 per share, a 7.6% discount to the last closing price.

Stock performance of Blue Jet Healthcare for Period of 1 week, 6 months, and 1 year

Blue Jet Healthcare Ltd delivered a 3.56% return over the past week. The stock declined 13.3% in the past six months and gained 46.4% over the past year.

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Shareholding pattern of Blue Jet Healthcare

ParticularsJun 2025Mar 2025Dec 2024
Promoter86.00%86.00%86.00%
FII2.00%2.30%1.10%
DII1.00%1.30%2.00%
Public11%10%10.90%

About Blue Jet Healthcare

Blue Jet Healthcare Ltd (NSE: BLUEJET), incorporated in 1968, is a pharmaceutical and healthcare ingredients company, and the first manufacturer of saccharin and its salts (artificial sweeteners) in India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Blue Jet Healthcare Ltd share price going down today?

A: Blue Jet Healthcare Ltd share price is falling as its promoter plans to sell 3.42% of shares through an offer for sale.

Q: What does Blue Jet Healthcare Ltd specialize in?

A: Blue Jet Healthcare Ltd specializes in pharmaceutical and healthcare ingredients, including the manufacture of saccharin and its salts in India.

Q: How much stake do promoters hold in Blue Jet Healthcare Ltd stock?

A: Promoters of Blue Jet Healthcare Ltd hold an 86.00% stake in the company’s outstanding shares.

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