IPO

Corona Remedies Ltd. IPO

Corona Remedies Ltd., established in 2004, operates in the Pharmaceuticals sector. The company's IPO opened on December 8, 2025 and closed on December 10, 2025, with an issue price of ₹1062. The ... Read more

Min Investment
₹ 14,868 / 14 shares
Price Range
₹1008 - ₹ 1062
Bidding Dates
8 Dec '25 - 10 Dec '25
Total Issue Value
655.68 Cr
Lot Size
14
Total Issue Size
655.68 Cr
Listing At
Subscription
101.97 times
BSE Price
1384.00 (30.32%)
NSE Price
1384.90 (30.4%)

IPO Timeline

  • 8 Dec 2025
    Bidding Starts
  • 10 Dec 2025
    Bidding Ends
  • 11 Dec 2025
    Allotment Finalization
  • 15 Dec 2025
    Listing

About Corona Remedies Ltd.

We are an India-focused branded pharmaceutical formulation company engaged in developing, manufacturing and marketing products in women’s healthcare, cardio-diabeto, pain management, urology and other therapeutic areas. Our diversified product portfolio comprises 71 brands catering to a ... Read more

Parent organisation
Founded
Corona Remedies Ltd.
2004

Corona Remedies Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 18,34,804 (29.72%)
Employee Reserved 58,035 (0.94%)
Non Institutional Investors 9,17,403 (14.86%)
Qualified Institutional Buyers (QIBs) 12,23,203 (19.81%)
Retail Individual Investors (RIIs) 21,40,606 (34.67%)

Corona Remedies Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 1,202.35 Cr 149.05 Cr 544.57 Cr
31 Mar 2024 1,020.93 Cr 90.50 Cr 419.02 Cr

Corona Remedies Ltd. Background

Our Company was originally incorporated as ‘CORONA Remedies Private Limited’, a private limited company, under the Companies Act, 1956, pursuant to a certificate of incorporation dated August 27, 2004, issued by the Assistant Registrar of Companies, Gujarat at Dadra and Nagar Haveli. ...

Read more

Major Events And Milestones
  • 2004
    Launch of first division, later named as ‘Pioneer’ division in 2010
  • 2005
    Launch of division (multispeciality): Xemx
  • 2007
    Commencement of production at the first manufacturing plant at Solan, Himachal Pradesh
  • 2008
    Launch of division (gynaecology): Aarush
  • 2013
    Launch of division (cardioloy): Wellness
  • 2016
    Purchased the trademarks “Stelbid” and “Vitneurin” from Glaxo Group Limited
    Purchased the trademarks "Dilo DX" and "Dilo-BM" from GlaxoSmithKline Pharmaceuticals Limited
  • 2018
    Launch of division (cardiovascular diseases): Aura and (gynaecology): Solis
    Acquired the trademarks “Obimet”, “Obimet-GX”, “Obimet SR”, “Obimet-V” “Triobimet” and “Thyrocab” (within India) from Abbott India Limited
  • 2020
    Entered into a strategic alliance with La Chandra Pharmalab Private Limited
  • 2021
    Commencement of production at the manufacturing plant at Ahmedabad, Gujarat
  • 2022
    Launch of division (cardiovascular diseases): Radiance and (gynaecology): Solaris
  • 2023
    Launch of division (urology): Blaze
    Purchased the trademark “Myoril” (in India) from Sanofi Healthcare India Private Limited
    Received EU GMP accreditation for the manufacturing plant at Ahmedabad, Gujarat
Corona Remedies Ltd. Object of Issues

1. Undertake the Offer for Sale of up to [?] Equity Shares of face value of ?10 each aggregating up to ?6,553.71 million by the Selling Shareholders
2. Achieve the benefits of listing the Equity Shares on the Stock Exchanges

Corona Remedies Ltd. IPO Listing Details
Listing Date
15 Dec 2025
ISIN
INE02ZQ01018
Final Issue Price
₹ 1062
Corona Remedies Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 1062.00 ₹ 1062.00
Open ₹ 1452.00 ₹ 1470.00
Low ₹ 1412.65 ₹ 1413.00
High ₹ 1499.00 ₹ 1497.80
Last Trade ₹ 1437.20 ₹ 1438.40
Corona Remedies Ltd. Company Promoters

1. Dr. Kirtikumar Laxmidas Mehta
2. Niravkumar Kirtikumar Mehta
3. Ankur Kirtikumar Mehta

Industry Overview

As of Financial Year 2025, the Indian domestic formulation market, holding a market size of approximately ?2.3 trillion, accounted for approximately 2% of the overall global pharmaceutical market. India possesses an ecosystem to develop and manufacture pharmaceuticals, with companies having ... Read more

Corona Remedies Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
Corona Remedies Ltd. IPO Lead Manager(s)
IIFL Capital Services Limited
24th Floor, One Lodha Place Senapati Bapat Marg Lower Parel (West), Mumbai Maharashtra - 400013
46464728

FAQs

When does Corona Remedies Ltd. IPO opens and closes?

Corona Remedies Ltd. IPO opens from 8th December to 10th December 2025.

What is the size of Corona Remedies Ltd. IPO?

The size of the Corona Remedies Ltd. IPO is ₹655.68 Cr.

What is the price range of Corona Remedies Ltd. IPO?

The price range of Corona Remedies Ltd. IPO is at ₹1008 to ₹1062 per share.

What is the minimum investment and lot size required for the Corona Remedies Ltd. IPO?

The minimum investment required is ₹14,868 and minimum lot size is 14 shares.

When is Corona Remedies Ltd. IPO listing date?

The Corona Remedies Ltd. IPO will be listed on 15th December 2025.

What is the objective of Corona Remedies Ltd. IPO?

1. Undertake the Offer for Sale of up to [?] Equity Shares of face value of ?10 each aggregating up to ?6,553.71 million by the Selling Shareholders
2. Achieve the benefits of listing the Equity Shares on the Stock Exchanges

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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