December, 13 2025 Saturday 11:39 Hrs
Last update 11-9-2025
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IPO Synopsis

Corona Remedies Ltd
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
Opens On Closes On
08-Dec-25 10-Dec-25
Money Payable On
Application Allotment
1062.00 0.00
Minimum Application for shares in Nos : 14 Further Multiples of : 14
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 IIFL Capital Services Ltd
Project Financed through Current Offer (.Cr) 655.37  
Post Issue Equity Share Capital (.Cr) 61.16
Issue Price () 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
Top
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