Remus Pharmaceuticals Limited IPO Message Board (Page 1)

You tell

@ KAPPO ,how may lots u wer allotted? What is ur strategy today KAPPO?

@!AMIT JAIPUR WHAT IS YOUR TENTATIVE STRETEGY OF REMUS ALLOTMENT TOMORROW AS I HAVE ALSO BEEN ALLOTTED ONE LOT.

I am thinking of selling it in preopen above 1900.

Interesting bulk deals today:
29-May-2023      REMUS      Remus Pharmaceuticals L      GPRAKASHCHAND BAID HUF      BUY      8,000      1,711.25      -
29-May-2023      REMUS      Remus Pharmaceuticals L      JAIN SANJAY POPATLAL      BUY      10,000      1,711.25      -
29-May-2023      REMUS      Remus Pharmaceuticals L      MONEYWISE FINANCIAL SERVICES PRIVATE LTD      SELL      10,700      1,712.85      -
29-May-2023      REMUS      Remus Pharmaceuticals L      NEGEN CAPITAL SERVICES PRIVATE LIMITED      BUY      34,000      1,793.90      -
Gunavanth Vaid, Sanjay Popatlal Jain and Neil Bahal of Negen Capital all experts in picking multibagger shares are buyers in this counter.

Today Prashanth Mishra posted the following interesting info:
Our company has been allotted 1447760 equity shares of Ratnatris Pharmacueticals Private Limited, upon conversion of Compulsory Convertible Debentures (CCD), constituting 43.55% of the total paid up capital of Ratnatris Pharmacueticals Private Limited vide board resolution dated april 01, 2023. now Read About Ratnatris -http://ratnatris.com
So Ratnatris is a originally a company of Ratnamani grp where now Remus pharma is having 43.55%

@Nik Investor Great Info share. These kind are the posts that add quality to the board. Keep it up! 🚀🚀🚀✔✔✔

Yes

I also expect 500-900 premium on listing.

Chances of higher listing are more than the lower side.

Best of luck all the allotees.

@KAPPU In grey only 20 to 30% of retail and hni trades means bahut sara maal to abhi bhi open hai . Pl correct me if I m wrong

If it is your 1st SME allotment, then sell in preopen and enjoy. Else may hold and see the price movement to take a decision.

if listing is around or above 1850-1900 then better sell in preopen and if listing is below 1800 then you may hold it and see price movement after listing to decide.
Issue size is big here and 50% is with QIB and 35% retail , most retailers will come for selling so if QIB's will hold then it may even hit upper circuit if listing is around 1750-1800.....

@lokesh a imihilii what volume you expect in preoping at 9.42 am which indicates that qib has put order for selling as total saleble shares appx 2.5 . Also if price determined appx 1750 with low volume then what to do as per you .

Thank You all for your guidance.
It's my 2nd sme allotment. First was cool caps, sold @ Rs. 41 & cmp is 580+.
So I need ur expert suggestions.

@PLAZA Difficult to say. I use a thumb rule of more than 50% of RII to take a call.

Yes first rule right. Second rule whether it opens above ground or not

Read GMP instead of ground

@GURUKRUPA  hope you are holding it, it has hit strong UC after listing below 1750 as mentioned.....

I bought 1 lot here in preopen for short term, seeing it listing less than expectations....will sell in 2-3 days mostly or will decide as per further movements....

@lokes and other members.
thank you for your guidance. Sir I sold in pre open, yes you told me for hold but sold in preopen. Thank you for reply. Its nice gain.
thanks all.

@lokes you still holding Remus or sold?

@IPOKnight  still holding it ...

@lokes thanks for the revert. I sold today at upper circuit. It opened in between and then again at upper circuit now.

More than 1800 will result in LC.