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Market | Equity | Daily Market Tracker | IPO Synopsis
IPO SYNOPSIS
Corona Remedies Ltd
Registered Office:
Corona House C-Mondeal Busines,-Park S.G.Highway Thaltej,
Ahmedabad - 380059,
Gujarat, India.
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) 655.37 crores ("Offer"), comprising an offer for sale of up to [*] equity shares of face value of (Rs) 10/- each aggregating up to (Rs) 129.84 crores by Kirtikumar Laxmidas Mehta ("Promoter Selling Sharheolder"), up to [*] equity shares of face value of (Rs) 10/- each aggregating up to (Rs) 76.61 crores by Minaxi Kirtikumar Mehta, up to [*] equity shares of face value of (Rs) 10/- each aggregating up to (Rs) 10.39 crores by Dipabahen Niravkumar Mehta, up to [*] equity shares of face value of (Rs) 10/- each aggregating up to (Rs)10.39 crores by Brinda Ankur Mehta ("Promoter Group Selling Shareholders"), up to [*] equity shares of face value of (Rs)10/- each aggregating up to (Rs) 404.60 crores by Sepia Investments Limited, up to [*] equity shares of face value of (Rs) 10/- each aggregating up to (Rs) 15.13 crores by Anchor Partners and up to [*] equity shares of face value of (Rs) 10/- each aggregating up 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"). The offer includes a Reservation of [*] equity shares of face value of (Rs) 10/- each, aggregating up to (Rs) 5.85 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: (Rs) 1008/- to (Rs) 1062/- for equity share of face value of (Rs) 10 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 (Rs) 54 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
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
655.37
 
Post Issue
61.16
 
Issue Price
1008.00
 
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
No Data Available!!!
.
Stock Broker Name Registration Number Registered Address Branch Address Contact Number Email id
DB (International) Stock Brokers Limited INZ000179035 (BROKING)

IN-DP-CDSL-266-2004 (DEPOSITORY)
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Disclosure regarding proprietary trading:

As required under Circular No. SEBI/MRD/SE/Cir-42/2003 dated 19.11.2003 issued by the Securities and Exchange Board of India; We hereby disclose that in addition to client based business, We are also doing proprietary trading.

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