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Corona Remedies Shares Debut At 38% Premium Over IPO Price

Corona Remedies Ltd. made a strong debut on the stock market on December 15, listing at ₹1,461 on the NSE and ₹1,452 on the BSE, representing a premium of 37.57% and 36.72% over its IPO price, respectively. The IPO, which closed on December 10, was highly successful, being oversubscribed 144.54 times, with significant demand from qualified institutional buyers and retail investors.

Corona Remedies Shares Debut At 38% Premium Over IPO Price

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Key Highlights

  • Corona Remedies shares debuted at ₹1,461 on NSE and ₹1,452 on BSE.
  • The IPO was priced between ₹1,008 and ₹1,062 and raised ₹655.37 crore.
  • The IPO was oversubscribed 144.54 times, with QIBs subscribing 278.52 times.
  • The grey market premium before listing was ₹342.50 per share.
  • The allotment for the IPO was finalized on December 11.
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Sources

  1. Corona Remedies Shares Debut At 38% Premium Over IPO Price
  2. Corona Remedies share price makes blockbuster debut, lists at ₹1,461 on NSE — up 37.57% over IPO price
  3. Corona Remedies share price LIVE: Shares make bumper debut, list at 38% premium

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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