Remus Pharmaceuticals IPO Subscription Details

Bookbuilding IPO | ₹48 Cr | Listed at NSE SME | Wed, May 17, 2023 - Fri, May 19, 2023

Basis of Allotment - Remus Pharmaceuticals IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)73,7001,10,5001,84,20055,3001,29,0003,68,500
Allotment price (Rs.)1,2291,2291,2291,2291,2291,229
No.of applications192212,45447,64750,122
No.of shares applied14,10,0001,18,00015,28,00093,85,10047,64,7001,56,77,800
Amount collected (Rs.cr.)173.29 14.50 187.79 1,153.43 585.58 1,926.80
No.of times subscribed19.131.078.30169.7136.9442.54
No.of shares allotted73,7001,10,5001,84,20055,3001,29,0003,68,500
Amount (Rs.cr.)9.06 13.58 22.64 6.80 15.85 45.29
No.of allottees192214031,2901,714

IPO Shares Offered

Remus Pharmaceuticals IPO is a public issue of 0.04 Cr equity shares. The issue offers 0.01 Cr shares to retail investors, 0.02 Cr shares to qualified institutional buyers, and 0.01 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker19,5002.40 5.03%
QIB 1,84,20022.64 47.47%
    Anchor 1,10,500 13.58 28.48%
    QIB (Ex Anchor) 73,700 9.06 18.99%
NII 55,3006.80 14.25%
Retail1,29,00015.85 33.25%
Total3,88,00047.69 100%

Remus Pharmaceuticals IPO Anchor Investor Allocation

A total of 1,10,500 shares at a price of Rs 1,229 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMay 16, 2023
Anchor investor price₹1,229.00
Anchor investors as % of QIBs59.99%
No. of shares locked-in for 30 days55,250
No. of shares locked-in for 90 days55,250
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 CHHATTISGARH INVESTMENTS LTD. CHHATTISGARH INVESTMENTS 1,01,700 12.50 92.04 26.21
2 NAV CAPITAL VCC NAV CAPITAL 8,800 1.08 7.96 2.27
1,10,50013.5810028.48

IPO Subscription FAQs

The Remus Pharmaceuticals IPO is subscribed 57.21 times by May 19, 2023 19:29.

Remus Pharmaceuticals IPO Subscription

Investor Category Subscription (times)
Qualified Institutional10.75
Non Institutional229.31
Retail Individual49.81
Total Subscription57.21

Retail category of Remus Pharmaceuticals IPO subscribed 49.81 times as of date May 19, 2023 19:29. The public issue closes on Fri, May 19, 2023 for bidding.

An investor can apply in Remus Pharmaceuticals IPO online via bank (using ASBA) or the broker (using UPI). The Remus Pharmaceuticals IPO shares are offered online only.

The Remus Pharmaceuticals IPO is subscribed 57.21 times by May 19, 2023 19:29.

The Remus Pharmaceuticals IPO allotment status is expected on or around Wednesday, May 24, 2023. Visit Remus Pharmaceuticals IPO allotment status to check.

The Remus Pharmaceuticals IPO listing date is May 29, 2023. The equity share of Remus Pharmaceuticals IPO will list on NSE SME.

Visit Remus Pharmaceuticals IPO subscription status page for real-time bidding information about Remus Pharmaceuticals IPO.

Remus Pharmaceuticals IPO Timetable

IPO opens OnWednesday, May 17, 2023
IPO Closes OnFriday, May 19, 2023
Finalisation of Basis of AllotmentWednesday, May 24, 2023
Initiation of RefundsThursday, May 25, 2023
Credit of Shares to Demat AccountFriday, May 26, 2023
IPO Listing DateMonday, May 29, 2023
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