IPO Synopsis
| Corona Remedies Ltd |
|---|
| Registered Office: Corona House C-Mondeal Busines,-Park S.G.Highway Thaltej,Ahmedabad-380059, Gujarat |
| Tel. No: +91 79 4023 3000 |
| Fax No: NA |
| 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 | |
| 08-Dec-2025 | 10-Dec-2025 | ₹1,062.00 - 0.00 | |
| Minimum Application for shares in Nos : 14.0 | Further Multiples of :14.0 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 | IIFL Capital Services Ltd |
| Project Financed through Current Offer | 655.37 | JM Financial Ltd |
| Post Issue Equity Share Capital | 61.16 | Kotak Mahindra Capital Co. Ltd |
| Issue Price | 1,062.00 |
| Projects |
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| Listing of Shares on the Stock Exchanges |
| Promoted By |
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| Kirtikumar Laxmidas Mehta |
| Niravkumar Kirtikumar Mehta |
| Ankur Kirtikumar Mehta |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
|---|
