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Remus Pharmaceuticals Ltd IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹1,229
Issue Price
₹1,229
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹1,229
GMP based
Lot Size
100
shares / lot
Min Amount
₹122,900
1 lot · 100 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
17 May 2023
Wed Completed
Done
Close Date
19 May 2023
Fri Completed
Done
Allotment
24 May 2023
Wed Completed
Done
Refund
25 May 2023
Thu Completed
Done
Demat Credit
26 May 2023
Fri Completed
Done
Listing Date
29 May 2023
Mon Completed
UPI Deadline: 19 May 2023
Issue Details
Pricing & Size
Issue Price
₹1,229 Face ₹10
Lot Size
100 shares
Min Investment
₹122,900
Total Issue Size
3,88,000 shares (aggregating up to ₹47.69 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
19,500 (5.03%)
QIB Portion
1,84,200 (47.47%)
NII / HNI
55,300 (14.25%)
Retail
1,29,000 (33.25%)
Employee
-
Net Offer to Public
3,68,500 shares (aggregating up to ₹45.29 Cr)
Shareholding Pattern
Pre-Issue Shareholding
10,85,000 shares
Post-Issue Shareholding
14,73,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 100 ₹1,22,900
HNI / NII 2 200 ₹2,45,800
Objects of Issue
3 objectives
1
To Meet Working Capital Requirements
30.30 Cr
2
Funding investments for acquisitions and general corporate purposes
16.38 Cr
3
Public Issue Expenses
1.00 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Beeline Capital Advisors Pvt.Ltd
Market Maker
Sunflower Broking Pvt.Ltd.
IPO Timeline
Open
17 May
✓ Done
Close
19 May
✓ Done
Allotment
24 May
✓ Done
Listing
29 May
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
remuspharmaceuticals.ipo@linkintime.co.in
Company Contact
Email
cs@remuspharma.com
Phone
+079- 2999 9857
Address
1101 to 1103, South Tower, One 42, B/H Ashok Vatika, Nr. Jayantilal Park BRTS, Ambli bopal Road, Ahmedabad - 380054 Ahmedabad, Gujarat
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹1,229
Est. Listing
₹1,229
Lot Size
100 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Remus Pharmaceuticals Ltd LIVE
INR ·
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P/E
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| Price
Market Reference
IPO Issue Price
₹1,229
GMP
+₹0 (+0%)
GMP Est. Listing
₹1,229
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 1,84,200 (47.47%) ₹2,263.82 Cr
NII / HNI (Total) 55,300 (14.25%) ₹679.64 Cr
Retail Investors 1,29,000 (33.25%) ₹1,585.41 Cr
Total ** 3,88,000 (100.00%) ₹47,685.21 Cr
Market Maker * 19,500 (5.03%) ₹23.97 Cr
* Based on ₹1,229.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
1,84,200 (47.47%)
NII
55,300 (14.25%)
Retail
1,29,000 (33.25%)
Market Maker
19,500 (5.03%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31-Dec-2231-Mar-2231-Mar-21
Revenue3361.202543.711922.45
PAT643.90338.57102.58
EBITDA
Net Worth1712.07643.17304.61
Total Assets3352.961590.931104.96
Reserves1603.57543.17303.61
Borrowings947.4519.1727.89
Key Financial Ratios
71.44%
ROE
Return on Equity
69.99%
ROCE
Return on Capital Employed
52.64%
RONW
Return on Net Worth
0.03
D/E Ratio
Debt to Equity
33.86
Pre EPS
EPS Pre-Issue
21.09
Pre P/E
P/E Pre-Issue
About Remus Pharmaceuticals Ltd

Incorporated in 2015, Remus Pharmaceuticals Limited is engaged in the marketing and distributing of finished formulations of pharmaceutical drugs.

The product offerings of the company can be classified into two major categories:

  • APIs: Active Pharmaceutical Ingredient (API) is the biologically active component of a drug product (tablet, capsule, cream, injectable) that produces the intended effects.
  • Finished Pharmaceutical Formulations: Finished pharmaceutical formulations are therapeutic drugs available in different dosage forms.

The product portfolio consists of 429 products, as on January 31, 2023. They operate under different brand names across the globe. As on January 31, 2023, the company has 295 products registered in a total of 13 countries. As on January 31, 2023, a total of 134 ;products are under the process of registration in 16 countries.

As on January 31, 2023, Remus Pharmaceuticals had business-to-business supply agreements with 58 domestic distributors and 139 international distributors for distribution and/or contract manufacturing supply.

The company has cultivated strong and dependable customer relationships and its clients are spread in more than 20 countries. These clients range from Generic distributors, regional distributors, and Multinational distributors to Hospitals and Clinics.

Frequently Asked Questions
What is the issue price of Remus Pharmaceuticals Ltd IPO?
The issue price of Remus Pharmaceuticals Ltd IPO is ₹1,229 per share, face value ₹10.
What is the lot size?
Minimum lot size is 100 shares, requiring ₹122,900.
What are the IPO dates?
Opens 17 May 2023, closes 19 May 2023.
When is the listing date?
Tentative listing: 29 May 2023 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹1,229 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Remus Pharmaceuticals Ltd IPO · Expected 24 May 2023

Check on Registrar
Post-IPO Timeline
Allotment Date
24 May 2023
Refund Initiation
25 May 2023
Demat Credit
26 May 2023
Listing Date
29 May 2023
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹1,229
Face ₹10
Lot Size
100
shares / lot
Min Amount
₹122,900
1 lot
Est. Listing
₹1,229
GMP +₹0
Key Dates
Open
17 May Done
Close
19 May Done
Listing
29 May Done
Registrar
MUFG Intime India Pvt.Ltd.
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