return to news
  1. Upstox
    /
  2. News
    /
  3. Market News
    /
  4. IPO
    /
  5. Corona Remedies IPO Day 3: Check live subscription status, allotment date and steps

Market News

Corona Remedies IPO Day 3: Check live subscription status, allotment date and steps

Kamal Joshi
By Kamal Joshi

3 min read | Updated on December 10, 2025, 09:01 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

Corona Remedies IPO: The initial share sale seeks to raise ₹655.37 crore via solely an offer for sale (OFS) of equity shares. There is no fresh issue component.

Corona Remedies IPO price band is set at ₹1,008 to ₹1,062 per share. | Image: Coronaremedies.com

Corona Remedies IPO price band is set at ₹1,008 to ₹1,062 per share. | Image: Coronaremedies.com

Corona Remedies IPO: The initial public offering of pharma player Corona Remedies Ltd will end on Wednesday, December 10. The subscription details for the final day of bidding will be available post 10 am.

Open FREE Demat Account within minutes!
Join now

As of Day 2, the issue secured a 9.33 times subscription. It got bids for 4,26,66,148 shares compared to 45,71,882 shares on offer, as per the NSE data.

The quota meant for non-institutional investors was booked 26.80 times, while the category for retail investors received 6.37 times subscription. The qualified institutional buyers' (QIBs) portion was subscribed 1.67 times.

The initial share sale seeks to raise ₹655.37 crore via solely an offer for sale (OFS) of equity shares. Under the OFS route, promoters Dr Kirtikumar Laxmidas Mehta, Dipabahen Niravkumar Mehta, Brinda Ankur Mehta and Minaxi Kirtikumar Mehta, along with existing investors Sepia Investments, Sage Investment Trust and Anchor Partners, will offload their shares.

With a price band of ₹1,008 to ₹1,062 per share, a lot consists of 14 shares and in multiples thereof.

Headquartered in Ahmedabad, Corona Remedies Ltd is a pharmaceutical formulation firm engaged in developing, manufacturing and marketing products in women's healthcare, pain management, urology, cardio-diabeto and other therapeutic areas.

Corona Remedies IPO: Allotment and listing date

The Corona Remedies IPO allotment status is likely to be finalised on December 11. The listing on the NSE and the BSE will take place on December 15.

Wakefit Innovations IPO Day 3: Check live subscription status, allotment date and steps

How to check Corona Remedies IPO allotment status on NSE

Corona Remedies IPO allotment status on Bigshare Services

  • Go to the registrar's allotment status page: www.bigshareonline.com/ipo_Allotment.html
  • From the three servers available, pick one
  • Click on 'Corona Remedies' from the IPO names
  • Fill in beneficiary ID, application number or PAN
  • Complete the 'captcha' verification
  • Click on the ‘Search’ button

Corona Remedies IPO GMP

According to investorgain.com and media reports, unlisted shares of Corona Remedies are trading at ₹1,327 per share, reflecting a grey market premium (GMP) of 24.95% over the upper price band of ₹1,062.
Disclaimer: Grey Market Premium (GMP) is not regulated or recommended by the stock exchanges or SEBI. Upstox does not endorse or facilitate trading in the grey market. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.
To add Upstox News as your preferred source on Google, click here.
SIP
Consistency beats timing.
promotion image

About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

Next Story