SMEClosed

Remus Pharmaceuticals Limited IPO Subscription Status

📅Offer Date: 17 May 2023 – 19 May 2023

Minimum investment
₹1,22,900100 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total57.21x
QIB0.00x
NII0.00x
Retail49.81x

Remus Pharmaceuticals Limited IPO was subscribed 57.21x in total when bidding closed on 19 May 2023, with 0.00x in the QIB category, 0.00x in NII, 49.81x in retail. The issue ran from 17 May 2023 to 19 May 2023 at a price band of ₹1150.00–₹1229.00 per share.

QIB0.00xNII0.00xRetail49.81xTotal57.21x1×

Times subscribed by category against the 1× line.

50
≈ 1 in 50 retail allotment
low allotment chance

Based on retail subscription (49.81x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail19,44,1189,68,36,51849.81x
Total34,70,40019,85,41,58457.21x
QIB / NII3,47,04000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail238.9311901.2149.81x
QIB / NII42.65—0.00x
Total281.5811901.2157.21x

Values derived from share count × issue price (₹1229.00)

What this means for allotment & listing

Because Remus Pharmaceuticals Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Remus Pharmaceuticals Limited IPO subscription FAQs