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Issue Open Date
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08-Dec-25
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Issue Closing Date
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10-Dec-25
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Application Money
|
100
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Allotment Money
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Price Band
|
1008
-
1062
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Minimium Application No.
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14
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Issue Size (Shares)
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4571882
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Market Lot
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1
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Objective
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
|
966549
|
201897066
|
208.88
|
|
Qualified Institutional Buyers
|
1288732
|
358939448
|
278.52
|
|
Retail Individual Investors
|
2255281
|
64802038
|
28.73
|
|
|
|
|
Business Description
We are an India-focused branded pharmaceutical formulation company engaged in developing, manufacturingand marketing products in women’s healthcare, cardio-diabeto, pain management, urology and other therapeuticareas. According to the Industry Report, we are the second fastest growing company among the top 30 companiesin the Indian Pharmaceutical Market (“IPM”) in terms of domestic sales between MAT December 2021 and MAT December 2024. During this period, our domestic sales grew at a CAGR of 19.90%, compared to the IPM whichgrew at a CAGR of 8.79%, displaying a growth of more than 2.25 times the IPM’s growth (Source: IndustryReport). This has been driven by our growth in volume (at an average of 9.58% over the above period, comparedto the IPM’s growth of 1.65%), and new product launches (at an average of 3.91% over the above period,compared to the IPM’s growth of 1.68%)
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Promoter's Holding
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|
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Total Share Capital
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44338558
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Offered to Public
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4571882
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Promoter's Holding (Pre-Issue)
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72.5
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Promoter's Holding (Post-Issue)
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68.99
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Address |
C – Mondeal Business Park
Near Gurudwara
S. G. Highway
Thaltej
Ahmedabad,
Gujarat,
380059
Phone : 079 4023 3000
Email : complianceofficer@coronaremedies.com
Website : www.coronaremedies.com
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Registrar |
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
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Listed at |
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BSE, NSE
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Lead Manager |
IIFL Capital Services Ltd.
JM Financial Ltd.
Kotak Mahindra Capital Co Ltd
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Promoters |
Ankur Kirtikumar Mehta
Kirtikumar Laxmidas Mehta
Niravkumar Kirtikumar Mehta
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|
