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Corona Remedies IPO — Date, Price Band, GMP & Allotment 2025

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Corona Remedies IPO is attracting investor attention as the company operates in branded generic pharmaceuticals across key therapeutic segments in India. The company has a strong presence in women’s healthcare, cardiology, and dermatology. With consistent revenue growth and an expanding product portfolio, the IPO is expected to support future expansion and debt reduction. Investors are watching subscription levels and valuation before making investment decisions.

Open 08 Dec 2025
Close 10 Dec 2025
Allotment 11 Dec 2025
Listing 15 Dec 2025

IPO Review

100 Strong Apply 15 reviews
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IPO GMP

₹ 300 (484%)
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Subscription

137.04 Times
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Stock Price

As the IPO is listed, here is the Live Share Price for Corona Remedies

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IPO Summary

IPO Dates 8 to 10 Dec, 2025
Price Band ₹1,008 – 1,062
Face Value ₹₹10
Lot Size 14 Shares
Issue Size ₹655.37 Cr
Employee Discount ₹54
Listing On BSE, NSE
Min Investment ₹ 14,868

What is the Corona Remedies IPO Timetable?

Track the IPO schedule and key events.

Event Date Day
IPO Open Date 08 Dec, 2025 Monday
IPO Close Date 10 Dec, 2025 Wednesday
Basis of Allotment 11 Dec, 2025 Thursday
Refunds Initiated 12 Dec, 2025 Friday
Credit to Demat 12 Dec, 2025 Friday
Listing Date 15 Dec, 2025 Monday

What is the Corona Remedies IPO Lot Size?

Bidding in multiples of 14 shares.

Application Lots Shares Amount
Retail (Min) 1 14 ₹14,868
Retail (Max) 13 182 ₹1,93,284
S-HNI (Min) 14 196 ₹2,08,152
S-HNI (Max) 67 938 ₹9,96,156
B-HNI (Min) 68 952 ₹10,11,024

About Corona Remedies

Corona Remedies Limited is an Indian pharmaceutical company established in 2004, focused on developing and marketing a wide range of branded formulations. The company was founded by Chandrakant Patel, who brought extensive experience from the domestic pharma industry. Over the years, Corona Remedies has built a strong presence in therapeutic segments such as women’s healthcare, cardiology, diabetology, pain management and anti-infectives. The company operates with a customer-centric approach, emphasising quality, innovation and accessibility of medicines. It has developed a robust distribution network across India, supported by a large field force that engages with healthcare professionals and institutions. By focusing on niche and high-growth segments, the company has been able to strengthen its brand recall and expand its footprint in the competitive pharmaceutical market.

The company’s product portfolio consists primarily of branded generic medicines, including tablets, capsules, syrups and injectables, catering to both acute and chronic therapies. Corona Remedies follows an asset-light business model, where manufacturing is largely outsourced to WHO-GMP certified third-party facilities while it focuses on marketing, branding and distribution. This allows the company to maintain flexibility and control costs while ensuring consistent product quality. Its strategy revolves around launching differentiated products, building strong doctor relationships and expanding into new therapeutic areas. With a steady focus on research-backed marketing and efficient supply chain management, Corona Remedies aims to sustain long-term growth and strengthen its position in the Indian pharmaceutical industry.

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Corona Remedies Key Performance Indicators (KPIs)

Pe 58.26
Eps 24.43
Roce 32.55%.
Ronw 24.65%
Pat margin 12.49-13.33

Objects of the Issue

Issue Object
BRLMs fees and commissions (including underwriting commission, brokerage and selling commission)
Estimate Amount ₹21.03 Cr.
Issue Object
Fees payable to the Registrar to the Offer
Estimate Amount ₹0.50 Cr.
Issue Object
Selling commission/processing fee for SCSBs and Bankers to the Offer, fee payable to the Sponsor Bank(s) for Bids made by RIIs using UPI, brokerage and selling commission and bidding charges for the Members of the Syndicate, Registered Brokers, RTAs and CDPs
Estimate Amount ₹3.07 Cr.
Issue Object
Advertising and marketing expenses
Estimate Amount ₹2.41 Cr.
Issue Object
Others
Estimate Amount
Issue Object
Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees
Estimate Amount ₹7.11 Cr.
Issue Object
Other regulatory expenses
Estimate Amount
Issue Object
Printing and stationery expenses
Estimate Amount ₹1.17 Cr.
Issue Object
Fees payable to legal counsels
Estimate Amount ₹8.81 Cr.
Issue Object
Fees payable to other advisors to the Offer, including but not limited to Statutory Auditors, independent chartered accountant, practising company secretary, industry expert
Estimate Amount ₹4.01 Cr.
Issue Object
Miscellaneous
Estimate Amount ₹3.85 Cr.

Company Financials

The Corona Remedies company's financial performance (in ₹ Cr.) is summarized below:

Metric 30 jun 25 31 mar 25 31 Mar 24
Revenue 348.56 1,202.35 1,020.93
OPM % 24.29 23.32
EBITDA 71.80 245.91 161.19
Net Profit 46.20 149.43 90.50
Debt 106.65 62.70 134.14
Assets 1,012.38 929.86 830.58

See how this IPO compares — view listing performance of all mainboard IPOs.

Promoters and Shareholding Details

Promoter holding details will be updated as soon as they are officially announced.

Frequently Asked Questions

What is the GMP of Corona Remedies?

The current Grey Market Premium (GMP) of Corona Remedies is ₹ 300.

What is the Corona Remedies IPO Price Band?

The price band for Corona Remedies IPO is ₹1 to ₹008.

When is the Corona Remedies IPO Allotment?

The allotment date for Corona Remedies IPO is December 11, 2025.

How to check Corona Remedies IPO Allotment Status?

You can check the allotment status on the IPO Allotment Status page or on the registrar's website (KFin Tech).

Official Documents

Company Contact Details

Corona Remedies

Registered office: 101 & 103, G V Royale, Near Galaxy Hotel, Off. F.G. Road, Akurdi, Pune, Maharashtra 411035.

+91 20 46702222.

https://www.coronaremendies.com

Registrar

KFin Tech

91 22 4918 6270.

Website

Book Running Lead Manager

JM Financial Limited IIFL Capital Services Limited Kotak Mahindra Capital Company Limited

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