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Remus Pharmaceuticals Ltd

Registered Office : 1101 to 1103 South Tower One42,B/H Ashok Vatika Amblibopal Rd,Ahmedabad Gujarat 380054 Phone : 91-079-29999857
Fax :

Email : cs@remuspharma.com

Website : https://www.remuspharma.com

Initial public issue of 388000 equity shares of face value of Rs. 10/- each of Remus Pharmaceuticals Limited ("RPL" or the "Company" or the "Issuer") for cash at a price of Rs. 1229/- per equity share including a share premium of Rs. 1219/- per equity share (the "Issue Price") aggregating to Rs. 47.69 crores ("The Issue"), of which 19500 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 1229/- per equity share including a share premium of Rs. 1219/- per equity share aggregating to Rs. 2.40 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 368500 equity shares of face value of Rs. 10/- each at a price of Rs. 1229/- per equity share including a share premium of Rs. 1219/- per equity share aggregating to Rs. 45.29 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.34% and 25.02%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each.

Issue

Opens On

Closes On

17-May-2023

19-May-2023

Money Payable On

Application

Allotment

1,229.00

0.00

Minimum Application for shares in Nos : 100.0 Further Multiples of : 100.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

46.69

47.69

1.47

1,229.00

Beeline Capital Advisors Pvt Ltd

Projects

To Meet Working Capital Requirements

Funding investments for acquisitions & general corporate purposes

Promoted By

Arpit Deepakkumar Shah

Roma Vinodbhai Shah

Swapnil Jatinbhai Shah

Listing At

NSE - SME

Registrar to the Issue

MUFG Intime India Pvt Ltd