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Corona Remedies Limited IPO

Corona Remedies Limited was a mainboard IPO in the Pharmaceuticals sector, offered at ₹1,008–₹1,062 per share to raise ₹655 crore. The issue was subscribed 137.04× overall (QIBs 278.52×, NIIs 208.88×, retail 28.73×). It listed on 15 Dec 2025 at ₹1,470 and closed its first day at ₹1,438, a listing gain of +35.4% versus the ₹1,062 issue price. It now trades around ₹2,150 (+102.4% versus the issue price).

Frequently asked questions

How many times was the Corona Remedies Limited IPO subscribed?
The Corona Remedies Limited IPO was subscribed 137.04× overall — 278.52× in the QIB category, 208.88× among non-institutional investors, 28.73× in retail.
What were the Corona Remedies Limited IPO listing gains?
Corona Remedies Limited listed on 15 Dec 2025 at ₹1,470, closing its first day at ₹1,438 — a listing gain of +35.4% versus the ₹1,062 issue price.
What were the retail allotment odds for the Corona Remedies Limited IPO?
Retail was subscribed 28.73×, so a single-lot application had roughly a 3.5% chance of allotment (about 1 in 29), and allotment was finalised on 11 Dec 2025.
What was the price band and lot size of the Corona Remedies Limited IPO?
The price band was ₹1,008–₹1,062 per share, with a minimum lot of 14 shares (₹14,868 at the upper band).
Who were the registrar and lead manager for the Corona Remedies Limited IPO?
Bigshare Services Private Limited was the registrar, and JM Financial was the book-running lead manager.