| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹47.69 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹47.69 Cr |
| Fresh Issue | ₹45.29 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน1150.00-1229.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | REMUS |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 100 shares and in multiples thereof
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:
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirements | 30.30 |
| 2 | Funding investments for acquisitions and general corporate purposes | 16.38 |
| 3 | Public Issue Expenses | 1.00 |
| Period Ended | 31 Dec 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 33.53 | 15.91 | 11.05 | 5.30 |
| Total Income | 33.61 | 25.44 | 19.22 | 12.77 |
| Profit After Tax | 6.44 | 3.39 | 1.03 | 0.81 |
| NET Worth | 17.12 | 6.43 | 3.05 | 2.02 |
| Reserves and Surplus | 16.04 | 5.43 | 3.04 | 2.01 |
| Total Borrowing | 9.47 | 0.19 | 0.28 | 0.36 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 71.44% |
| ROCE | 69.99% |
| Debt / Equity | 0.03% |
| RoNW | 52.64% |
| PAT Margin | 13.70% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 33.86 | |
| P/E (x) | 21.09 | |
| Promoter Holding | 92.82% | 68.37% |
| Market Cap | โน181.03 Cr. | |