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Remus Pharmaceuticals Ltd

Remus Pharmaceuticals Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹1,229
₹1,229
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹1,229
Based on GMP
Min. Investment
₹122,900
1 lot × 100 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
17 May 2023
Close Date
19 May 2023
Allotment
24 May 2023
Listing Date
29 May 2023
Exchange
NSE SME
Price Band
₹1,229
Listing Price
See chart
Allotment Status
Price Band
₹1,229
Per share
Face Value
₹10 per share
 
Lot Size
100 Shares
per lot
Issue Size
3,88,000 shares (aggregating up to ₹47.69 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹122,900
1 lot
Pre-IPO Holding
10,85,000 shares
Promoters
Post-IPO Holding
14,73,000 shares
Promoters
P/E (Pre)
21.09x
 
EPS (Pre)
₹33.86
 
UPI Deadline
2023-05-19
Mandate
Anchor AllotmentTue, 16 May 2023
Basis of AllotmentWed, 24 May 2023
Refund InitiationThu, 25 May 2023
Demat CreditFri, 26 May 2023
Listing DayMon, 29 May 2023
UPI Mandate Deadline2023-05-19
Sale TypeFresh Capital
Net Offer to Public3,68,500 shares (aggregating up to ₹45.29 Cr)
Market Maker Quota19,500 shares (aggregating up to ₹2.40 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Remus Pharmaceuticals Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 19 May 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
19,500
₹2.40
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
388,000
100% ₹47.69
IPO Shares Offered
Remus Pharmaceuticals Ltd IPO total issue size: ₹47.69 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 19,500 ₹2.40
5.03%
Total 388,000 ₹47.69
100.00%
* Based on upper price band ₹1,229 per share
Lot Size & Investment
Lot Size
100
Shares per Lot
Issue Price
₹1,229.00
Upper Band
Min Investment
₹122,900
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2200₹245,800
Retail (Max — 13 Lots)131,300₹1,597,700
S-HNI (Min — 14 Lots)141,400₹1,720,600
B-HNI (Min — 68 Lots)686,800₹8,357,200
* Issue Price ₹1,229 × Lot Size 100 shares
IPO Schedule
Anchor
16 May 2023
✓ Done
IPO Open
17 May 2023
✓ Done
IPO Close
19 May 2023
✓ Done
Allotment
24 May 2023
✓ Done
Refunds
25 May 2023
✓ Done
Demat Credit
26 May 2023
✓ Done
Listing Day
29 May 2023
✓ Done
Remus Pharmaceuticals Ltd — Live Price LIVE
₹1,229.00
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Issue ₹1,229.00 Live Price
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.
Objects of the Issue
1
To Meet Working Capital Requirements
2
Funding investments for acquisitions and general corporate purposes
3
Public Issue Expenses
Remus Pharmaceuticals Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹1,922.5
31-Mar-21
₹2,543.7
31-Mar-22
₹3,361.2
31-Dec-22
Profit After Tax (PAT)
₹102.6
31-Mar-21
₹338.6
31-Mar-22
₹643.9
31-Dec-22
Particulars31-Dec-2231-Mar-2231-Mar-21
Revenue from Operations 3361.20 2543.71 1922.45
EBITDA N/A N/A N/A
Profit After Tax (PAT) 643.90 338.57 102.58
Net Worth 1712.07 643.17 304.61
Total Assets 3352.96 1590.93 1104.96
Reserves & Surplus 1603.57 543.17 303.61
Borrowings 947.45 19.17 27.89
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
71.44%
RoCE
69.99%
RoNW
52.64%
Debt/Equity
0.03
Issue Structure & Shareholding
Total Shares Offered3,88,000 (100.00%)
Net Offer to Public3,68,500 shares (aggregating up to ₹45.29 Cr)
Reserved for Market Maker19,500 shares (aggregating up to ₹2.40 Cr)
Pre-Issue Promoter Holding10,85,000 shares
Post-Issue Promoter Holding14,73,000 shares
P/BV RatioN/A
RoE71.44%
RoCE69.99%
Debt / Equity0.03
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Beeline Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Remus Pharmaceuticals Ltd IPO subscribed?

Remus Pharmaceuticals Ltd IPO is subscribed 1.00 times by May 19, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Remus Pharmaceuticals Ltd IPO retail subscription status?

The Remus Pharmaceuticals Ltd IPO retail category is subscribed 1.00 times as of 19 May 2023. The retail portion is oversubscribed.

How to subscribe Remus Pharmaceuticals Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 17 May 2023 and closes 19 May 2023. Min investment: ₹122,900 (1 lot = 100 shares). UPI mandate: 2023-05-19.

How many times Remus Pharmaceuticals Ltd IPO subscribed?

The Remus Pharmaceuticals Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Remus Pharmaceuticals Ltd IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 24 May 2023. Refunds: on 25 May 2023.

When Remus Pharmaceuticals Ltd IPO will be listed?

The Remus Pharmaceuticals Ltd IPO listing date is 29 May 2023, Monday. Listed on: NSE SME. Issue price: ₹1,229. Estimated listing: ₹1,229. GMP: NIL.

When Remus Pharmaceuticals Ltd IPO close?

The Remus Pharmaceuticals Ltd IPO closes on 19 May 2023, Friday. UPI mandate: 2023-05-19. Allotment: 24 May 2023. Listing: 29 May 2023.