Corona Remedies IPO allotment: Steps to check status on BSE, NSE and Bigshare Services

The share allotment status for the Corona Remedies IPO is scheduled to be finalised on December 11.On the final day of bidding on Wednesday, the initial public offering (IPO) of the pharmaceutical company was overall booked 137.04 times. The ₹655.37-crore mainboard IPO received bids for 62.65 crore shares against 45.72 lakh shares on offer.
The retail quota of the Corona Remedies IPO was booked 28.73 times. The Qualified Institutional Buyers (QIBs) subscribed their segment 278.52 times. The Non-Institutional Investors (NIIs) booked the issue 208.88 times.
The IPO was open for subscription from December 8 to December 10. The mainboard issue comprised only an offer-for-sale (OFS) portion of 61.71 lakh shares. The price band for the IPO was set between ₹1,008 and ₹1,062 per share.Investors who participated in the IPO subscription can check the allotment status on the websites of BSE, NSE and the issue registrar, Bigshare Services.

Steps to check Corona Remedies IPO share allotment on the BSE

· Access the IPO allotment page on the BSE website: https://www.bseindia.com/static/investors/application_statuschecksystem.aspx

· Choose ‘Equity’ as the issue type

· Select Corona Remedies Ltd. from the dropdown menu under issue names

· Enter your application number or PAN

· Click on search to view your share allotment details

Steps to check Corona Remedies IPO share allotment on NSE:

· Visit the NSE website by using this direct link: https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp· Choose the company ‘Corona Remedies’ after clicking on Equity & SME IPO bid details

· To check your allotment status, enter your IPO Application number or PAN details after selecting the company’s symbol

· Click on the Submit button to see your share allotment details

Steps to check IPO allotment status on Bigshare Services:

· Visit the link: https://www.bigshareonline.com/ipo_allotment.html

· Select any of the server links from the three options

· From the dropdown list for company names, select ‘Corona Remedies Ltd’

· Select any one of these: PAN, Application Number, or beneficiary ID

· Enter the required details

· Click on ‘Submit’ to check the allotment status

The company will process refunds for non-allottees on December 12. Shares will also be transferred to the Demat accounts of the allottees on the same day. Shares of the company are scheduled to be listed on the BSE and NSE on Dec. 15.

Corona Remedies is a pharma company engaged in developing, manufacturing and marketing products in women’s healthcare, cardiology, pain management, urology and other therapeutic segments.