Current IPO
Corona Remedies Ltd
Registered Office:
Corona House C-Mondeal Busines,-Park S.G.Highway Thaltej,
Gujarat ,
Ahmedabad,380059
Phone : +91 79 4023 3000
|
Fax : N/A
| 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. 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 | Allotment | Application |
| 08-Dec-25 | 10-Dec-25 | 0.0 - 0.0 | 1008.0 - 1062.0 |
Minimum Application for shares in Nos : 14.00 Further Multiples of : 14.00
| ( in Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 |
IIFL Capital Services Ltd JM Financial Ltd Kotak Mahindra Capital Co. Ltd |
| Project Financed | 655.37 | |
| Post Issue | 61.16 | |
| Issue Price | 61.16 |
Projects
- Listing of Shares on the Stock Exchanges
-
Promoted By
Kirtikumar Laxmidas Mehta
Niravkumar Kirtikumar Mehta
Ankur Kirtikumar Mehta
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Listing At
BSE
NSE
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Registrar to the Issue
Bigshare Services Pvt Ltd