Remus Pharmaceuticals IPO Details

IPO Open May 17, 2023
IPO Close May 19, 2023
IPO Price ₹1229
Face Value ₹10
IPO Size ₹47.69 Cr
Listing At NSE SME
Lot Size 100
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Remus Pharmaceuticals IPO Date & Price

The Remus Pharmaceuticals IPO opens on May 17, 2023 and closes on May 19, 2023.

Remus Pharmaceuticals IPO timetable / schedule is as below:
  • Bid/Offer Opens On: May 17, 2023
  • Bid/Offer Closes On: May 19, 2023
  • Finalization of Basis of Allotment: May 24, 2023
  • Initiation of refunds: May 25, 2023
  • Credit of Equity Shares: May 26, 2023
  • Listing Date: May 29, 2023

Remus Pharmaceuticals IPO price is set at ₹1229 per equity share.

Remus Pharmaceuticals IPO will close for subscription at 5 PM on May 19, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Remus Pharmaceuticals IPO starts on May 17, 2023. The issue ends on May 19, 2023.

Remus Pharmaceuticals IPO Issue Size and Subscription Status

The Remus Pharmaceuticals IPO size is 388000 Equity Shares of ₹10 aggregating up to ₹47.69 Cr.

Remus Pharmaceuticals Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Remus Pharmaceuticals IPO shares through the banks (using ASBA) or through the broker (using UPI).

Remus Pharmaceuticals IPO Offer Size

Qualified Institutional Buyers (QIB)138,750 Shares
Non-Institutional Investors (NII)41,625 Shares
Retail Individual Investor (RII)97,125 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size277,500 Shares

Remus Pharmaceuticals IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)10.75 times times
Non-Institutional Investors (NII)229.31 times times
Retail Individual Investor (RII)49.81 times times
Employee Reservations times
Other Reservations times
Total Issue Size57.21 times times

Click here to check the Remus Pharmaceuticals IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Remus Pharmaceuticals IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Remus Pharmaceuticals IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Remus Pharmaceuticals IPO Allotment and Listing

The Remus Pharmaceuticals IPO allot status will be available online on May 24, 2023. Check the Remus Pharmaceuticals IPO Allotment Status here.

Click here to check Remus Pharmaceuticals IPO Allotment Status.

Remus Pharmaceuticals IPO listing Date is May 29, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Remus Pharmaceuticals IPO listing date and time is published by the exchange in a circular.

Click here to view the Remus Pharmaceuticals IPO Basis of Allotment.

It is hard to say at what price Remus Pharmaceuticals IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Remus Pharmaceuticals IPO shares will list on May 29, 2023 at NSE SME.

Remus Pharmaceuticals IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Remus Pharmaceuticals IPO which could help you with questions like Remus Pharmaceuticals IPO buy or not? You should also read Remus Pharmaceuticals IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Remus Pharmaceuticals IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Remus Pharmaceuticals IPO performance. The performance reports are available 1 day after listing.