Remedium Lifecare is launching its rights issue, which opens on April 28, 2025, and closes on May 9, 2025. The record date for eligibility is April 15, 2025. The company is offering 49.19 crore equity shares at ₹1 per share, making the total issue size ₹49.19 crores. Existing shareholders will get 61 rights shares for every 50 fully paid shares they hold. This gives investors a chance to increase their stake at an affordable price.
About Remedium Lifecare Ltd
Remedium Lifecare Limited, formerly known as Roxy Exports Limited, is a Mumbai-based pharmaceutical company incorporated in 1988. The company specializes in trading and selling Active Pharmaceutical Ingredients (APIs) and intermediates, catering to both domestic and international markets.
Since 2020, it has been actively distributing pharmaceutical raw materials such as amino isophthalic acid, tellurium (IV) oxide, iodine, selenium metal powder, and lithium intermediates. With strong supply chain capabilities, Remedium Lifecare has positioned itself as a key player in the pharmaceutical trading sector. As of December 31, 2024, the company has a team of 8 permanent employees working across different departments.
The company is listed on the BSE and has a market capitalization of ₹87.9 crore, with a current stock price of ₹2.18. It has shown remarkable financial performance with a Return on Capital Employed (ROCE) of 99.5% and a Return on Equity (ROE) of 123%. The face value of its shares is ₹1, though it currently does not offer any dividend yield.
Remedium Lifecare Rights Issue 2025 Overview
| Details | Information |
|---|---|
| Company Name | Remedium Lifecare Limited |
| Total Shares Offered | 49.19 crore equity shares |
| Issue Size | ₹49.19 Crores |
| Issue Price per Share | ₹1 |
| Face Value per Share | ₹1 |
| Stock Exchange Listing | BSE |
| Entitlement Ratio | 61 rights shares for every 50 fully paid shares |
| Payment Terms | Full amount payable at the time of application |
| Letter of Offer | Click here |
Remedium Lifecare Rights Issue Dates
| Event | Date |
|---|---|
| Last Date to Buy for Eligibility | April 11, 2025 |
| Record Date for Rights Issue | April 15, 2025 |
| Rights Issue Opening Date | 2025 |
| Rights Issue Closing Date | 2025 |
| Renunciation of Rights Entitlements | 2025 |
| Deemed Date of Allotment | 2025 |
How to Apply for Remedium Lifecare Rights Issue 2025
Investors can apply for the Remedium Lifecare Rights Issue through two convenient methods:
Net Banking via ASBA (Application Supported by Blocked Amount): Shareholders can apply directly through their bank’s net banking portal using the ASBA service. This method allows the application amount to be blocked in the bank account until the shares are allotted. Most banks offer ASBA services under the IPO or Rights Issue section.
Registrar’s Website (R-WAP Facility): Investors can also apply through the Registrar’s Web-Based Application Platform (R-WAP). This method enables eligible shareholders to submit their applications online by filling out the form on the official website of the registrar and making payment through net banking, UPI, or other online payment modes.
Remedium Lifecare Financial Summary (₹ in Crores)
| Year / Period | Total Revenue | Total Expenses | Profit After Tax (PAT) | Total Assets |
|---|---|---|---|---|
| 2022 | ₹504.79 | ₹503.27 | ₹1.08 | - |
| 2023 | ₹509.84 | ₹502.44 | ₹5.43 | ₹1,154.22 |
| 2024 (March 31) | ₹4,062.79 | ₹4,012.33 | ₹32.73 | ₹1,947.92 |
Objects of the Issue:
- Allocating funds for the capital expenditure required to establish the quality control laboratory facility for the Company.
- To meet Working Capital Requirement.
- General Corporate Purposes
Remedium Lifecare Rights Issue 2025 – Allotment Status 📢
📌 Registrar: Bigshare Services Pvt Ltd
📞 Phone: +91-22-6263 8200
📧 Email: [email protected]
🌐 Check Status Online: https://ipo.bigshareonline.com/ipo_status.html
🏢 Company Details – Remedium Lifecare Limited
📍 Address:
Office No. 9, K Raheja Prime,
Marol Industrial Estate, Behind Ravi Vihar Hotel,
Sagbaug Road, Andheri East, Marol Naka, Mumbai – 400059
📞 Phone: 022-6263 8200
📧 Email: [email protected]
🌐 Website: www.remlife.com
Remedium Lifecare Rights Issue 2025 FAQs
1. When does the Remedium Lifecare Rights Issue open and close?
📅 The rights issue opens on April 28, 2025, and closes on May 9, 2025.
2. What is the entitlement ratio for existing shareholders?
🔹 Shareholders will get 61 rights shares for every 50 fully paid shares they hold as of the record date, April 15, 2025.
3. Where can I check the allotment status?
🌐 You can check the allotment status online at Bigshare IPO Status or contact the registrar Bigshare Services Pvt Ltd.