Remus Pharmaceuticals IPO Date, Price, Review, Allotment

Vijay Prajapati
May 29, 2023

Vijay Prajapati

Remus Pharmaceuticals IPO Details: Remus Pharmaceuticals IPO date is fixed, The IPO will open on May 17 and will close on May 19, 2023. Remus Pharmaceuticals is an NSE SME IPO to raise ₹47.69 crores via IPO. The Remus Pharmaceuticals IPO price band is fixed at ₹1150 to ₹1229 with a market lot of 100 shares.

Remus Pharmaceuticals Limited is marketing, distributes, and exporting finished formulations of pharmaceutical drugs. The company is backed by expert scientists. The company deals in API and provides technical consultancy services.

Remus is a leading-edge pharmaceutical company fueled by futuristic thinking, focused on improving people’s health by offering a huge array of high-quality, affordable pharmaceutical products. Backed by our expert scientists, state-of-the-art manufacturing facilities, and distributors across the globe, we continue to grow our product portfolio of Active Pharmaceutical Ingredients and Finished Formulations in 40+ countries across major continents.

Objects of the Issue:

To Meet Working Capital Requirements
Funding investments for acquisitions and general corporate purposes
To meet Public Issue Expenses

Remus Pharmaceuticals IPO Review

Avoid

Remus Pharmaceuticals IPO GMP Live Rates Here

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 Remus Pharmaceuticals IPO date is May 17 and the IPO close date is May 17. The IPO allotment date is May 24 and the IPO might list 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

You can check IPO subscription status and IPO allotment status on their respective pages.

Remus Pharmaceuticals IPO Form

How to apply Remus Pharmaceuticals IPO? You can apply Remus Pharmaceuticals IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Remus Pharmaceuticals IPO in the Invest section. The other option you can apply Remus Pharmaceuticals IPO via IPO forms download via the NSE website. Check out the Remus Pharmaceuticals forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

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: [email protected]
Website: https://linkintime.co.in/

Remus Pharmaceuticals IPO Allotment Status

Check Remus Pharmaceuticals IPO allotment status on Linkintime website URL. Click Here

Remus Pharmaceuticals IPO Lead Managers aka Merchant Bankers

Beeline Capital Advisors Pvt Ltd

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: [email protected]
Website: http://www.remuspharma.com/

Remus Pharmaceuticals IPO FAQs

What is Remus Pharmaceuticals IPO?

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.

When Remus Pharmaceuticals IPO will open?

The IPO is to open on May 17, 2023 for QIB, NII, and Retail Investors.

What is Remus Pharmaceuticals IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Remus Pharmaceuticals IPO?

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.

How to Apply the Remus Pharmaceuticals IPO through Zerodha?

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. Open Demat Account with Zerodha.

How to Apply the Remus Pharmaceuticals IPO through Upstox?

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. Open Demat Account with Upstox.

How to Apply the Remus Pharmaceuticals IPO through Paytm Money?

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. Open Demat Account with Paytm Money.

What is Remus Pharmaceuticals IPO Size?

Remus Pharmaceuticals IPO size is ₹47.69 crores.

What is Remus Pharmaceuticals IPO Price Band?

Remus Pharmaceuticals IPO Price Band is ₹1150 to ₹1229 per equity share.

What is Remus Pharmaceuticals IPO Minimum and Maximum Lot Size?

The IPO bid is 100 shares with ₹122,900.

What is Remus Pharmaceuticals IPO Allotment Date?

Remus Pharmaceuticals IPO allotment date is May 24, 2023.

What is Remus Pharmaceuticals IPO Listing Date?

Remus Pharmaceuticals IPO listing date is May 29, 2023. The IPO to list on NSE SME.

Note: The Remus Pharmaceuticals IPO details are announced officially. The IPO grey market premium (Remus Pharmaceuticals IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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