The Remus Pharmaceuticals IPO date has been confirmed. The IPO will begin on May 17 and end on May 19, 2023. Remus Pharmaceuticals is an NSE SME IPO that will raise 47.69 crores through the IPO. The IPO price range for Remus Pharmaceuticals is set at 1150 to 1229, with a market lot of 100 shares.
Remus Pharmaceuticals Limited markets specialize sells and shipping pharmaceutical products finished formulations. Expert scientists back the company. The company specialises in API and offers advisory services. Remus is a cutting-edge pharmaceutical firm supported by forward-thinking, dedicated to improving people’s health by providing a wide range of high-quality, low-cost pharmaceutical goods. We continue to expand our product line of Active Pharmaceutical Ingredients and Finished Formulations in 40+ countries across the continents, backed by our trained scientists, cutting-edge manufacturing facilities, and global distributors.
Issue’s Objective :
- To Meet Working Capital Requirements
- Funding investments for acquisitions and general corporate purposes
- To meet Public Issue Expenses
Remus Pharmaceuticals IPO GMP Live Rates day by day with Kotak rates.
| Date | GMP | Kostak | Subject to |
|---|---|---|---|
| Today | ₹70 | ₹- | ₹6000 |
| 17 May | ₹70 | ₹- | ₹6000 |
| 16 May | ₹100 | ₹- | ₹7000 |
| 15 May | ₹100 | ₹- | ₹7000 |
| 13 May | ₹150 | ₹- | ₹7000 |
| 12 May | ₹125 | ₹600 | ₹6000 |
| 11 May | ₹125 | ₹600 | ₹6000 |
| 10 May | ₹- | ₹- | ₹- |
| 9 May | ₹- | ₹- | ₹- |
Remus Pharmaceuticals IPO Date & Price Band Details
| IPO Open: | May 17, 2023 |
| IPO Close: | May 19, 2023 |
| IPO Size: | Approx ₹47.69 Crores, 388,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹1150 to ₹1229 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Remus Pharmaceuticals IPO Market Lot
The Remus Pharmaceuticals IPO minimum market lot is 100 shares with a ₹122,900 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 100 | ₹122,900 |
| Retail Maximum | 1 | 100 | ₹122,900 |
| S-HNI Minimum | 2 | 200 | ₹245,800 |
Remus Pharmaceuticals IPO Dates
The IPO date for Remus Pharmaceuticals is May 17, and the IPO close date is May 17. The IPO allocation due date is May 24, and the IPO could go public on May 29
| IPO Open Date: | May 17, 2023 |
| IPO Close Date: | May 19, 2023 |
| Basis of Allotment: | May 24, 2023 |
| Refunds: | May 25, 2023 |
| Credit to Demat Account: | May 26, 2023 |
| IPO Listing Date: | May 29, 2023 |
Remus Pharmaceuticals IPO Form
How to apply Remus Pharmaceuticals IPO? You can apply for Remus Pharmaceuticals IPO using ASBA from your bank account. Just log in to your online bank and apply through your bank account by selecting the Remus Pharmaceuticals IPO in the Invest section. You can also apply for Remus Pharmaceuticals IPO by downloading IPO forms from the NSE website. Take a look at the Remus Pharmaceuticals forms.
Remus Pharmaceuticals Company Financial Report
| (₹ in Crores) | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹12.77 | ₹11.67 | ₹0.81 |
| 2021 | ₹19.22 | ₹17.87 | ₹1.03 |
| 2022 | ₹25.44 | ₹20.89 | ₹3.39 |
| 2023 9M | ₹33.61 | ₹24.92 | ₹6.44 |
Remus Pharmaceuticals IPO Valuation – FY2022
Check Remus Pharmaceuticals IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹33.86 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 52.64% |
| Net Asset Value (NAV): | ₹64.3 per Equity Share |
Peer Group
- Trident Lifeline Limited
- Vaishali Pharma Limited
- Chandra Bhagat Pharma Limited
Company Promoters
- Mr. Arpit Deepakkumar Shah
- Ms. Roma Vinodbhai Shah
- Mr. Swapnil Jatinbhai Shah
- Mrs. Anar Swapnil Shah
Remus Pharmaceuticals IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: remuspharmaceuticals.ipo@linkintime.co.in
Website: https://linkintime.co.in
Company Address
Remus Pharmaceuticals Limited
1101 to 1103, South Tower, One 42,
B/H Ashok Vatika, Nr. Jayantilal Park BRTS,
Ambli bopal Road, Ahmedabad – 380054
Phone: +079- 2999 9857
Email: cs@remuspharma.com
Website: http://www.remuspharma.com
Remus Pharmaceuticals IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
Remus Pharmaceuticals IPO FAQs
Q1. What is Remus Pharmaceuticals IPO?
Ans. Remus Pharmaceuticals IPO is an NSE SME IPO. They are going to raise ₹47.69 Crores via IPO. The issue is priced at ₹1150 to ₹1229 per equity share. The IPO is to be listed on NSE.
Q2. When Remus Pharmaceuticals IPO will open?
Ans. The IPO is to open on May 17, 2023 for QIB, NII, and Retail Investors.
Q3. What is Remus Pharmaceuticals IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. How to Apply the Remus Pharmaceuticals IPO?
Ans. You can apply Remus Pharmaceuticals IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Remus Pharmaceuticals IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Remus Pharmaceuticals”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
Q6. How to Apply the Remus Pharmaceuticals IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Remus Pharmaceuticals”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
Q7. How to Apply the Remus Pharmaceuticals IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Remus Pharmaceuticals”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
Q8. What is Remus Pharmaceuticals IPO Size?
Ans. Remus Pharmaceuticals IPO size is ₹47.69 crores.
Q9. What is Remus Pharmaceuticals IPO Price Band?
Ans. Remus Pharmaceuticals IPO Price Band is ₹1150 to ₹1229 per equity share.
Q10. What is Remus Pharmaceuticals IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 100 shares with ₹122,900.
Q11. What is Remus Pharmaceuticals IPO Allotment Date?
Ans. Remus Pharmaceuticals IPO allotment date is May 24, 2023.
Q12. What is Remus Pharmaceuticals IPO Listing Date?
Ans. Remus Pharmaceuticals IPO listing date is May 29, 2023. The IPO to list on NSE SME.
