IPO Synopsis

Corona Remedies Ltd
Registered Office: Corona House C-Mondeal Busines,-Park S.G.Highway Thaltej,Ahmedabad-380059, Gujarat
Tel. No: +91 79 4023 3000
Fax No:
Email: complianceofficer@coronaremedies.com
Website: www.coronaremedies.com
Initial public offering of up to [*] equity shares of face value of Rs. 10/- each ("Equity Shares") of Corona Remedies Limited ("Company") for cash at a price of Rs. [*] per equity share ("Offer Price") aggregating up to Rs. 800.00 crores ("Offer"), comprising an offer for sale of up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 160.00 crores by Kirtikumar Laxmidas Mehta ("Promoter Selling Sharheolder"), up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 94.40 crores by Minaxi Kirtikumar Mehta, up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 12.80 crores by Dipabahen Niravkumar Mehta, up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs.12.80 crores by Brinda Ankur Mehta ("Promoter Group Selling Shareholders"), up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 491.40 crores by Sepia Investments Limited, up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 18.37 crores by Anchor Partners and up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 10.23 crores by Sage Investment Trust ("Investor Selling Shareholders", and along with the promoter selling shareholder and promoter group selling shareholders, the "Selling Shareholders") ("Offer for Sale", and such equity shares offered in the offer for sale, the "Offered Shares"). The offer includes a Reservation of [*] equity shares of face value of Rs. 10/- each, aggregating to Rs. [*] crores (Constituting up to [*] % of the post offer paid-up equity share capital of the company, for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute [*] % and [*] %, respectively, of the post-offer paid-up equity share capital of the company. the company may in consultation with the brlms, offer a discount of Rs. [*] on the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"). The face value of the equity shares is Rs. 10/- each. The offer price is [*] times the face value of the equity shares. The price band, employee discount, if any, and the minimum bid lot will be decided by the company.
Issue Money Payable On
Opens On Closes On Application Allotment
01-Jan-1970 01-Jan-1970 ₹0.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 0 Further Multiples of :0
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 IIFL Capital Services Ltd
Project Financed through Current Offer 800.00 JM Financial Ltd
Post Issue Equity Share Capital 61.16 Kotak Mahindra Capital Co. Ltd
Issue Price 0.00
Projects
Listing of Shares on the Stock Exchanges
Promoted By
Kirtikumar Laxmidas Mehta
Niravkumar Kirtikumar Mehta
Ankur Kirtikumar Mehta
Listing At
BSE
NSE
Registrar To The Issue