Corona Remedies IPO Subscribed over 0.67x on Day 1

Corona Remedies' subscription started on December 8, 2025, and the IPO will close on December 10, 2025, as per the schedule. The price band is set at ₹1008 to ₹1062 per share with a face value of ₹10.

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Corona Remedies IPO Subscription Status  

Corona Remedies IPO subscribed over 0.67x on its first day till 5.00 PM on December 8, 2025. 

  • Corona Remedies IPO subscription QIB investors’ portion is 0.00 times, while NII subscribed 0.84 times, and RII investors subscribed 0.95 times.  
  • The company has received bids for 28,97,468 shares against 43,36,298 shares on offer on the first day of subscription.   
  • Corona Remedies IPO subscribed over 0.67x on its day 1.          

About Corona Remedies Company 

Founded in August 2004, Corona Remedies Limited is one of the leading pharmaceutical companies that is involved in manufacturing and selling products for women’s health, heart care, pain relief, urology, and other treatments. As per the report, among 30 others, Corona Remedies is the 2nd largest company in the Indian Pharmaceutical Market (“IPM”). Moreover, the company comprises a total of 88 R&D employees as of December 31, 2024.

The company offers 67 brands across various therapeutic areas, including women’s healthcare, cardio-diabeto, pain management, urology, and multispecialty pharmaceuticals (including vitamins/minerals/nutrition, gastrointestinal, and respiratory) as of December 2024. The company offers a pan-India presence with 2,598 medical representatives in 22 states. It comprises 2 manufacturing facilities located in the state of Gujarat.

Corona Remedies IPO GMP: 

Corona Remedies IPO GMP was ₹290 as of Monday, 8 December 2025. That indicates the IPO is trading at ₹1352 with a ₹290 premium in the grey market against the issue price of ₹1062.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

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