IPO Trending
REMUSSME / NSEListed
Remus Pharmaceuticals

Incorporated in 2015, Remus Pharmaceuticals Limited is engaged in the marketing and distribution of pharmaceutical products, including Active Pharmaceutical Ingredients (APIs) and finished formulations in various dosage forms. As of January 31, 2023, the company offers 429 products, with 295 registered in 13 countries and 134 under registration in 16 countries. Remus Pharmaceuticals maintains business-to-business agreements with 58 domestic and 139 international distributors, serving clients across more than 20 countries, including generic distributors, regional distributors, multinational distributors, hospitals, and clinics.

₹1,150 - ₹1,22961.53x sub
Listed Price₹1711.25
Listing Gain+39.24%

IPO Schedule & Timeline

Bookbuilding IPO
Open17 May 2023
Close19 May 2023
Allotment24 May 2023
Listing29 May 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail1,29,000 shares
33.25%
Nii(hni)55,300 shares
14.25%
QIB1,84,200 shares
47.47%
Market Maker19,500 shares
5.03%

Minimum Application Lots

Retail1 Lot (100 shares)
₹1,22,900
HNI2 Lots (200 shares)
₹2,45,800

Company Promoters

Mr. Arpit Deepakkumar ShahMs. Roma Vinodbhai ShahMr. Swapnil Jatinbhai ShahMrs. Anar Swapnil Shah

Company Background

Incorporated in 2015, Remus Pharmaceuticals Limited is engaged in the marketing and distribution of pharmaceutical products, including Active Pharmaceutical Ingredients (APIs) and finished formulations in various dosage forms. As of January 31, 2023, the company offers 429 products, with 295 registered in 13 countries and 134 under registration in 16 countri...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2020)₹1276.89 Cr
Growth-62.0%
Revenue Trend (₹ in Crores)
0.01.3k2.6k3.9kDec 2022Mar 2022Mar 2021Mar 2020
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 20201,276.8981.16530.3635.93
Mar 20211,922.45102.581,104.9627.89
Mar 20222,543.71338.571,590.9319.17
Dec 20223,361.20643.903,352.96947.45

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values33.8671.44%69.99%21.090

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
24 May 2023
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
29 May 2023

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Remus Pharmaceuticals. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization24 May 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date29 May 2023Trading commences on exchange

How to Check Remus Pharmaceuticals Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Remus Pharmaceuticals from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Remus Pharmaceuticals IPO

Complete issue overview for Remus Pharmaceuticals (REMUS) IPO. The issue features an equity share price band of ₹1150 – ₹1229 per share with a minimum retail lot size of 100 Shares (minimum application amount of ₹1,22,900). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions