Remus Pharmaceuticals Limited IPO Message Board (Page 12)

Sub to 20000

Can u give some light on earth ?i'm holding 2 lots avg 56

GMP Live 108- 113

111 form require for fullfill retail quota
1229 price is too high
I am avoid this ipo

Its 971 forms required for 1 time in retail.

i think it should be 1290 forms for retail...

In Dec 2022 share given @ 500 Rs Share Price
After 5 month how can rate increase 1229
More than 2 time
Very high valuation
Only doing api bussiness
Not any production unit

Out of topic :
My question is in reply to @Akki,
Can members tell me why there is price of POWER MACH Project is going high every week ?
52 week low was 810 and high was 3220. About 4x in less than a year. Even market has not gone so high. There are many other shares also but as I am holding this IPO allotment shares, I watch this share every day without any fail.
REMUS is coming with an IPO and dare to ask this price. Retailers will still apply irrespective of gain or loss. Many HNIs of our Forum will apply in big big lots.

@Dinesh Singh Sir applying in Remus?

I will decide on last day after seeing the subscription...Don't believe in GMP ...it is done by the promoters.

@LIONS OF CHOUHAN Sir applying in Remus?

@Sunny Leone Bhai abhi GMP163 +/-1 lagbhag 13% hai company bhi achi h par valuation kafi mehngi h ,last day QIB subscription dekh ke decide karunga.

Glenmark Life Science IPO price was 720 today it is trading at 536. HE is the producer of API.

Experts... What to do on Retina paints? I am holding 1 lot since allocated.

@vsingh i am not tracking it now...it is showing good movement from 2-3 days...my view would be keep holding it with stoploss around 30-31 and keep increasing stoploss when price appreciates...

Retina will go upto Rs. 100

150 - 160 🔼

GMP 🔼 164 buyer

Ok ok company with high valuation

I will definitely apply 2,3 retail applications.

GMP 132- 138 🔼

GMP 162 +/- 1

GMP Live 163

Some observations of this Highly High overvalued ipo
1. This is only trading Company , no manufacturing unit.
2. This Company have managed the things till now and knows how to manage the things well. In simple words it's a Jugadu mentality Company. They have successfully gets the upper price band of Rs. 1229/ which tells us everything irrespective of performance.

3. This is a very small issue. It's a just 3.88 lac issue for lot size of 100 shares. It's a smallest issue size with the highest price tag 🔖 ipo.
For completing this issue , Company have to manage only 1358 people ( retail) and they can easily provide finance or another way from the Ahmedabad and big cities of Gujarat. The acquisition cost of share for the Promoters is very very less just by issuing the bonous before the ipo. So they will also manage this issue by their people by hook or crook.

In this scenario the comman people have to avoid / stay away this highly high overvalued ipo and just watch the picture. It may be possible that they will succeed to list the share in premium but we have to stay away to give 💪 strong message like Adani Enterprise. Our unity is topmost essential for this greedy people. There are numbers of issues in the pipeline in which we can earn good profits. In short this is not the only ipo for profit. We must boycott this ipo at any cost.
Our Hard earned money is not for this greedy people.

My observation
1. All the products are under the name of Remus; so i would not call it a trading company. Even big companies such as Crompton, GE, Philips, Voltas gets their products manufactured on outsourcing model. Then in that case Virtuoso also should have not performed well.

2. Even if someone applies mathematics, then Remus' ratios are highly impressive. However business wise i like Infinium much better.

3. Remus' business is mainly from export and i feel they get good prices for their products

4. It should go much Higher. Such as homesfy because of less equity. I am applying with full conviction.

Sir I agree with your opinion, In Corona duration profit is small or equal to a medical shop and after increase something in doubt

GMP 🔼 137 buyer

Current GMP 🔼 163 buyer

Off topic. Few points on chaman: Strong fundamental, young team both keshav Agarwal and chethan Agarwal restlessly travelling to make expansion plans quick(Some connections via vender side I'm tracking). Good credit rating, SBI person in board(expect good governance). Whoever missed chaman entry at 40 they still have chance to enter around 50...

Note: above assumption based on my last 3 month tracking. Please do your won research and take a call.

Off topic for AG Universa ke bare me aapki rai lena chahta hu... Mene use 56 pe Liya he to kya me use hold kaaru ya bech du 🙏🏻🙏🏻🙏🏻

@kathiyawadi. two unit exit with 13k loss. I felt it's just a wholesellers, they are not into manufacturing. Currently 7 out of 10 ipo are doing good means no issue from market still it is falling means some problem with company only. wait for results then do your research and take a call,

Its a trading company only.
No manufacturing unit. Engaged in contract manufacturing only.

Tried to ask in company why Pre ipo share placement of 85500 shares was done @500₹ on 30 Dec 2022, i.e. Only 4 months back and what fundamental change took place in 4 months in company that the ipo is coming at ₹1229 i.e.more than double, to this question they have no answer. And then they disconnected the phone call and since then the number is not reachable..

Anyone from this forum please try to call the company and ask them the same question and if you get the answer then kindly let us know also.

Thanks.

Kindly contact beeline for that issue

@sprint. Lets see what is the reason.
@sonmaya. Almost every next sme is like that so as an investor we should ask such questions.
@akki. Not asking anyone again. Company made that decision not LM. So company is answerable.

Thanks guys

Ahmedabad base company doing API business not production unit only trading work

Very high price i never see 1229 issue price in history of sme ipo