Issue Price
₹1,229
Per Share
GMP
NIL
Grey Market
Est. Listing
₹1,229
Expected Price
Min. Application
₹245,800
2 lots × 100 shares
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:APIs: Active Pharmaceutical Ingredient (API) is the biologically active component of a drug product (tablet, capsule, cream, injectable) that produces the intended effects.Finished Pharmaceutical Formulations: Finished pharmaceutical formulations are therapeutic drugs available in different dosage forms.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.
Remus Pharmaceuticals Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 19,500 | — | ₹2.40 Cr | — |
| TOTAL | 388,000 | 100.00% | ₹47.69 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹122,900 |
| Retail (Max) | 13 | 1,300 | ₹1,597,700 |
| sNII (Min) | 14 | 1,400 | ₹1,720,600 |
| bNII (Min) | 68 | 6,800 | ₹8,357,200 |
| Particulars | 31-Dec-22 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 3361.20 | 2543.71 | 1922.45 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 643.90 | 338.57 | 102.58 |
| Net Worth | 1712.07 | 643.17 | 304.61 |
| Total Assets | 3352.96 | 1590.93 | 1104.96 |
| Reserves & Surplus | 1603.57 | 543.17 | 303.61 |
| Total Borrowings | 947.45 | 19.17 | 27.89 |