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Corona Remedies IPO Review

Corona Remedies IPO has been reviewed by 15 analysts, and the overall consensus is Strong Apply — carrying a score of 100. Out of the 15 analysts who have covered this IPO, 15 recommend subscribing — reflecting a broadly positive view from the analyst community.

The issue is priced in the band of ₹₹1,008 – ₹1,062 per share, with a minimum application size of 14 shares. Subscription ran from 08 Dec 2025 to 10 Dec 2025. The issue size is ₹655 crore, entirely an offer for sale — the company receives none of the proceeds. As of now, the grey market premium (GMP) for Corona Remedies IPO is quoting at ₹300 (484%), which gives a preliminary sense of how the street is pricing the listing — though GMP is unofficial and can swing sharply before the listing date. Scroll down for the full analyst breakdown and analyst-wise verdicts.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Analyst verdict & score

One score out of 100, aggregated from every analyst verdict tracked for this issue. How it's calculated

Sentiment score
100/ 100
Strong Apply 15 of 15 recommend subscribing
How analysts voted
Apply 15
Not rated 2

Higher consensus indicates broader analyst agreement.

Detailed review

What the analyst reports say, grouped by the question you're likely asking.

General review

Corona Remedies is a pharmaceutical company whose revenue grew from ₹884 crore in FY23 to ₹1,196 crore in FY25, a 16.3 percent CAGR, with profit rising from ₹85 crore to ₹149 crore at 32 percent CAGR. Coverage was strongly positive: fifteen of the seventeen analysts said subscribe.

Listing gains

At the ₹1,062 upper band the notes value the issue at about 35.3 to 43.5 times earnings, with EV to sales near 5.5 times. Analysts consider that acceptable given the profit growth on offer. With fifteen subscribe ratings and no avoid rating, the coverage pointed to a positive listing.

Short-term strategy

Margins have expanded, with operating margin moving from 23.32 percent in FY25 to 24.29 percent in the June 2025 quarter, and EBITDA reaching ₹71.80 crore in that quarter against ₹245.91 crore for the full year. The issue is largely an offer for sale at ₹655.37 crore.

Long-term strategy

The long-term case in the notes rests on consistent double-digit revenue growth with profit compounding faster, which points to operating leverage in the branded formulations model. With profit growing at roughly twice the rate of revenue over FY23 to FY25, sustaining that gap is what the subscribe ratings depend on.

How this is written: an AI-assisted summary of the 17 analyst reports listed below. It reports their views; IPO Guru does not make buy or sell recommendations.

Analyst reviews

Ordered by each analyst's track record over the past year; analysts still building one are listed last.

Latest IPO reviews

How analysts rated the most recent mainboard issues — and, where they have listed, how the call played out.

Frequently asked

Should I apply for Corona Remedies IPO?

The analyst consensus for Corona Remedies IPO tracked on this page is Strong Apply, with a score of 100/100. Out of 15 analysts who have reviewed this IPO, 15 recommend subscribing. IPO Guru does not make buy or sell recommendations. Read the individual analyst reports and consult a SEBI-registered advisor before investing.

What does the score of 100 mean for Corona Remedies IPO?

The score of 100 is an aggregate of all analyst ratings tracked for Corona Remedies IPO. A score in this range indicates strong analyst confidence — most analysts are recommending a subscribe. Read the individual analyst verdicts above for more context.

What was the actual listing price of Corona Remedies IPO?

Corona Remedies IPO listed on December 15, 2025 at ₹1470, against the issue price of ₹1062 — a gain of +38.42% (₹408 per share). View the full GMP history page for day-wise pre-listing trends.

What is the price band and lot size of Corona Remedies IPO?

Corona Remedies IPO was priced at ₹₹1,008 – ₹1,062 per share. The minimum lot size is 14 shares. Subscription ran from 08 Dec 2025 to 10 Dec 2025.

Explore Corona Remedies IPO further

Analyst views are one input. Read them alongside the demand, the grey market and the filings before you decide.

Corona Remedies IPO review

A verdict is an opinion, not a guarantee.

IPO Guru collects analyst views, GMP, subscription and allotment for every Mainboard and SME issue. Weigh them together — and against the offer document — before you apply.

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Disclaimer: Grey Market Premium (GMP) is for information purposes and is not a guarantee of listing price. Always consult your financial advisor before investing.

Consensus
Strong Apply
Score
100 / 100
Listed at
₹1470
Full IPO details