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Your are on :   Markets   |  IPO   |  IPO SynopsisAs on: Jul 22,2024 04:33 AM
Remus Pharmaceuticals Ltd
Registered Office: 1101 to 1103 South Tower One42,B/H Ashok Vatika Amblibopal Rd, Ahmedabad - 380054, Gujarat, India.
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 Money Payable On
Opens On Closes On Application Allotment
17-May-23 19-May-23 1229.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 100   Further Multiples of : 100
  (Rs) Lead Managers to the Issue
Project Cost 46.69 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 47.69  
Post Issue Equity Share Capital 1.47  
Issue Price 1229.00  
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
No Data Available
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