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IPO Synopsis

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Corona Remedies Ltd
Registered Office: Corona House C-Mondeal Busines,-Park S.G.Highway Thaltej , Ahmedabad - 380059 , Gujarat , India.
Phone : +91 79 4023 3000
Fax :
Email :  complianceofficer@coronaremedies.com  
Website :  www.coronaremedies.com
Initial public offering of 6,174,051 equity shares of face value of Rs.10/- each ("equity shares") of Corona Remedies Limited ("company") for cash at a price of Rs.1,062/- per equity share ("offer price") aggregating to Rs.655.37 crores ("offer"), comprising an offer for sale of 1,223,193 equity shares of face value of Rs.10/- each aggregating to Rs.129.84 crores by Kirtikumar Laxmidas Mehta ("promoter selling sharheolder"), 721,691 equity shares of face value of Rs.10/- each aggregating to Rs.76.61 crores by Minaxi Kirtikumar Mehta, 97,853 equity shares of face value of Rs.10/- each aggregating to Rs.10.39 crores by Dipabahen Niravkumar Mehta, 97,853 equity shares of face value of Rs.10/- each aggregating to Rs.10.39 crores by Brinda Ankur Mehta ("promoter group selling shareholders"), 3,811,613 equity shares of face value of Rs.10/- each aggregating to Rs.404.60 crores by Sepia Investments Limited, 142,488 equity shares of face value of Rs.10/- each aggregating to Rs.15.13 crores by Anchor Partners and 79,360 equity shares of face value of Rs.10/- each aggregating to Rs.8.42 crores by Sage Investment Trust ("investor selling shareholders", and along with the promoter selling shareholder and promoter group selling shareholders, the "selling shareholders") ("offer for sale", and such equity shares offered in the offer for sale, the "offered shares").

Issue Money Payable On
Opened On Closed On Offer Price Application
08-Dec-25 10-Dec-25 ₹  1,062.00 ₹  1,062.00
Minimum Application for shares in Nos :14  Further Multiples of :14

  Lead Managers to the Issue
Project Cost ₹   0.00 Cr
IIFL Capital Services Ltd
JM Financial Ltd
Kotak Mahindra Capital Co. Ltd
Project Financed through Current Offer ₹   655.37 Cr  
Post Issue Equity Share Capital ₹   61.16 Cr  
Face Value ₹   10  
 
Projects
Listing of Shares on the Stock Exchanges
Promoted By
Kirtikumar Laxmidas Mehta  
Niravkumar Kirtikumar Mehta  
Ankur Kirtikumar Mehta  
Listing At
BSE 
NSE 
Registrar to the Issue
No Data Found.
 
Basis of Allotment
Category Issue Price
(  )
No. of Applications No. of Equity
Shares Applied
Amount
(  )
No. of times Subscribed Shares Reserved No. of Shares Allotted
Retail Ind Investors (RIIs)   0   0   0   0.00   0   0   0  
Non Inst. Investors (NIIs)   0   0   0   0.00   0   0   0  
Qualified Inst Buyers (QIBs)   0   0   0   0.00   0   0   0  
Employees   0   0   0   0.00   0   0   0  
Existing Shareholders   0   0   0   0.00   0   0   0  
Anchor Investors   0   0   0   0.00   0   0   0  
Market Maker   0   0   0   0.00   0   0   0  
Non-Retail Investors   0   0   0   0.00   0   0   0  
Underwriter Devolvement   0   0   0   0.00   0   0   0  
Total   0   0   0   0.00   0   0   0  
 

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