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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 up to [*] equity shares of face value of Rs. 10/- each ("Equity Shares") of Corona Remedies Limited ("Company") for cash at a price of Rs. [*] per equity share ("Offer Price") aggregating up to Rs. 800.00 crores ("Offer"), comprising an offer for sale of up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 160.00 crores by Kirtikumar Laxmidas Mehta ("Promoter Selling Sharheolder"), up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 94.40 crores by Minaxi Kirtikumar Mehta, up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 12.80 crores by Dipabahen Niravkumar Mehta, up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs.12.80 crores by Brinda Ankur Mehta ("Promoter Group Selling Shareholders"), up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 491.40 crores by Sepia Investments Limited, up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 18.37 crores by Anchor Partners and up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 10.23 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 Rs. 10/- each, aggregating to Rs. [*] 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. the company may in consultation with the brlms, offer a discount of Rs. [*] on the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"). The face value of the equity shares is Rs. 10/- each. The offer price is [*] times the face value of the equity shares. The price band, employee discount, if any, and the minimum bid lot will be decided by the company.

Issue Money Payable On
Opens on Closes On Application Allotment
08-Dec-25 10-Dec-25 1008.00-1062.00 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 1,008.00  

Project

  • 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

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.