 "IPO")
Pharmaceutical ingredients maker Blue Jet Healthcare has filed preliminary papers with capital markets regulator Sebi to raise as much as Rs 2,100 crore through an initial public offering (IPO).
The IPO is completely an offer-for-sale (OFS) through which the company's promoters -- Akshay Bansarilal Arora and Shiven Akshay Arora -- will sell up to 21,683,178 equity shares, according to the draft red herring prospectus (DRHP).
Merchant banking sources have pegged the IPO size between Rs 1,800 crore and Rs 2,100 crore.
The Mumbai-based Blue Jet Healthcare, is a specialty pharmaceutical and healthcare ingredient and intermediate company, offering niche products targeted
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