India: Blue Jet Healthcare files Draft Red Herring with SEBI for IPO

Blue Jet Healthcare, a CDMO, has filed its Draft Red Herring with the Securities and Exchange Board of India (SEBI), for a domestic initial public offering (IPO). Controlling shareholders plan to offer 21.7 million secondary shares: Akshay Bansarilal Arora (18.4 million) and Shiven Akshay Arora (3.3 million).   The company, which has specialized chemistry capabilities…

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