The SME IPOs of TAC Infosec and Radiowalla Network, backed by Vijay Kedia and Ashish Kacholia respectively, were subscribed over 10 times on the second day of the bidding process.
Pharmaceutical company Blue Jet Healthcare has raised Rs 252 crore from anchor investors ahead of its IPO. The company has allotted equity shares at the upper end of the price band set for the initial public offering. The IPO is expected to raise approximately Rs 799-840.27 crore. Blue Jet Healthcare focuses on the collaboration, development, and manufacturing of pharmaceutical products. The IPO is an entirely Offer for Sale (OFS) component by promoters Akshay Bansarilal Arora and Shiven Akshay Arora.
