IPO IPO-Synopsis
Corona Remedies Ltd

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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 up to [*] equity shares of face value of Rs10/- each ("Equity Shares") of Corona Remedies Limited ("Company") for cash at a price of Rs[*] per equity share ("Offer Price") aggregating up to Rs655.37 crores ("Offer"), comprising an offer for sale of up to [*] equity shares of face value of Rs10/- each aggregating up to Rs129.84 crores by Kirtikumar Laxmidas Mehta ("Promoter Selling Sharheolder"), up to [*] equity shares of face value of Rs10/- each aggregating up to Rs76.61 crores by Minaxi Kirtikumar Mehta, up to [*] equity shares of face value of Rs10/- each aggregating up to Rs10.39 crores by Dipabahen Niravkumar Mehta, up to [*] equity shares of face value of Rs10/- each aggregating up to Rs10.39 crores by Brinda Ankur Mehta ("Promoter Group Selling Shareholders"), up to [*] equity shares of face value of Rs10/- each aggregating up to Rs404.60 crores by Sepia Investments Limited, up to [*] equity shares of face value of Rs10/- each aggregating up to Rs15.13 crores by Anchor Partners and up to [*] equity shares of face value of Rs10/- each aggregating up to Rs8.42 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"). The offer includes a Reservation of [*] equity shares of face value of Rs10/- each, aggregating up to Rs5.85 crores (Constituting up to [*] % of the post offer paid-up equity share capital of the company, for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute [*] % and [*] %,respectively, of the post-offer paid-up equity share capital of the company. Price Band: Rs1008/- to Rs1062/- for equity share of face value of Rs10 each. The floor price is 100.80 times times the face value and cap price is 106.20 times of the face value of the equity shares. Bids can made for a minimum of 14 equity shares and in multiples of 14 equity shares thereafter. A discount of Rs54 per equity share is being offered to eligible employees bidding in the employee reservation portion.

Issue Money Payable On
Opens On Closes On Application Allotment
08-Dec-25 10-Dec-25 Rs1008.00-1062.00 Rs0.00-0.00
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 Rs1008.00  
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