
The basis of allotment for the ₹655.37 crore Corona Remedies IPO will be announced today, 11 December 2025. Investors can check the IPO allotment status through the official websites of the NSE, BSE, or the IPO’s registrar, Bigshare Services.
Corona Remedies IPO is a book-building issue of ₹655.37 crore, consisting entirely of an offer for sale (OFS) of 0.62 crore shares.
The bidding window was open from December 8, 2025, to December 10, 2025, during which the IPO received a total subscription of 137.04x. The price band is set between ₹1008 and ₹1062 per share.
Book-running lead managers for the IPO are JM Financial Limited, IIFL Capital Services Limited, and Kotak Mahindra Capital Company Limited, while Bigshare Services Private Limited (Link Intime) is the registrar for the IPO.
[10 December, 2025, End of the day]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
278.52 |
|
Non-Institutional Investors |
208.88 |
|
Retail Individual Investors (RIIs) |
28.73 |
|
Employees |
14.72 |
|
Total |
137.04 |
According to media reports, the Grey Market Premium (GMP) of the Corona Remedies IPO is reported at ₹270 over the IPO price.
As the issue is entirely an offer for sale, the company will not receive any proceeds, and they will be allocated directly to selling shareholders.
Corona Remedies is a pharmaceutical company engaged in the development, manufacturing, and marketing of branded formulations across key therapeutic categories, including women’s health, cardio-diabetes, pain and musculoskeletal care, urology, and a range of multispecialty segments.
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