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Corona Remedies Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Corona Remedies Ltd IPO

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
Opens On Closes On Application Allotment
08-Dec-25 10-Dec-25 (Rs)1062.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :14  Further Multiples of :14

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
IIFL Capital Services Ltd
Project Financed through Current Offer 655.37  
Post Issue Equity Share Capital 61.16  
Issue Price (Rs)1062.00  
 
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
Bigshare Services Pvt Ltd