Remus Pharmaceuticals Limited IPO Date, Price, Review and Details
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May 17, 2023 - May 19, 2023
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Remus Pharmaceuticals Limited IPO
Remus Pharmaceuticals Limited was engaged in the marketing, & distribution of finished formulations of pharmaceutical drugs. Their Company also deals in API. They also provide technical consultancy services to various distributors for the preparation of reports. Their core strength lies in getting their approved formulation manufactured through contract manufacturers. They are a quality-conscious company.
Company Promoters:
• Mr. Arpit Deepakkumar Shah
• Ms. Roma Vinodbhai Shah
• Mr. Swapnil Jatinbhai Shah
• Mrs. Anar Swapnil Shah
Objects of this Issue:
• To Meet Working Capital Requirements
• Funding investments for acquisitions and general corporate purposes
• To meet Public Issue Expenses
Financial Information of the Company:
Particular | Amount in Lakhs (Rs.) | ||
As on 31 Mar 2022 | As on 31 Mar 2021 | As on 31 Mar 2020 | |
Total Assets | 1,590.93 | 1,104.96 | 530.36 |
Total Liabilities | 947.75 | 800.35 | 328.33 |
Net Profit | 338.57 | 102.58 | 81.16 |
Remus Pharmaceuticals Limited IPO Schedule
1. Bid or Offer Opens on: 17 May 2023
2. Bid or Offer Closes on: 19 May 2023
3. Finalization of BoA: 24 May 2023
4. Initiation of Refunds: 25 May 2023
5. Credit of shares to Demat account: 26 May 2023
6. Listing Date: 29 May 2023
Remus Pharmaceuticals Limited IPO Lot Size
The market lot size of the Remus Pharmaceuticals Limited IPO is 200 shares. The minimum and maximum order quantity is as follows:
Application | Lots | Shares | Amount |
Minimum | 1 | 100 | ₹122,900 |
Maximum | 1 | 100 | ₹122,900 |
S-HNI(Minimum) | 2 | 200 | ₹245,800 |
Company Contact Details:
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 Limited IPO Registrar Details:
Link Intime India Private Ltd
C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai,
Maharashtra, India – 400 083.
Telephone: +91-22-4918 6270
Email: remuspharmaceuticals.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Frequently Asked Question
Minimum and maximum order quantity is 1 lot only.
Remus Pharmaceuticals Limited IPO shares will get listed on May 29, 2023.
Face value of Remus Pharmaceuticals Limited IPO is ₹10 per share.
Remus Pharmaceuticals Limited IPO Shares will get listed at NSE SME.
Closing date of Remus Pharmaceuticals Limited IPO is May 19, 2023.
Lot size of the Remus Pharmaceuticals Limited IPO is 2000 shares.
If you do not get the allotment of Remus Pharmaceuticals Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Pre-issue shareholding of the Remus Pharmaceuticals Limited IPO promoter is 92.82%.
If allotted, you will receive Remus Pharmaceuticals Limited IPO shares in your Demat account on May 26, 2023.
Remus Pharmaceuticals Limited IPO share price ₹1150 to ₹1229 per share.
Opening date of Remus Pharmaceuticals Limited IPO is May 17, 2023.
Post-issue shareholding of the Remus Pharmaceuticals Limited IPO promoter is 68.37%.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
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