Corona Remedies IPO lot size and price band

The Corona Remedies IPO lot size is 14 shares. At the upper price band of ₹1,062, one lot costs ₹14,868: that is the minimum investment.

A retail application can be for 1 to 13 lots (up to ₹1,93,284, under the ₹2 lakh retail limit). HNI (NII) applications start at 14 lots (₹2,08,152), and big HNI above ₹10 lakh at 68 lots.

The price band is ₹1,008 to ₹1,062. The final issue price is set inside it after bidding and was ₹1,062; the amount blocked is worked out at the upper end, so a lower final price releases the difference. At the lower end one lot would cost ₹14,112.

Corona Remedies IPO: how many shares to bid for

The smallest and largest bid in each category, at the upper price band. Enter the number of shares (or lots) shown.

CategoryMinimum bidMaximum bid
Retail (up to ₹2 lakh)14 shares (1 lot), ₹14,868182 shares (13 lots), ₹1,93,284
Small HNI (₹2 lakh to ₹10 lakh)196 shares (14 lots), ₹2,08,152938 shares (67 lots), ₹9,96,156
Big HNI (above ₹10 lakh)952 shares (68 lots), ₹10,11,024no upper limit

Corona Remedies IPO amount by number of lots

At the upper price band. Retail covers bids up to ₹2 lakh, small HNI above ₹2 lakh up to ₹10 lakh, big HNI above ₹10 lakh.

LotsSharesAmountCategory
114₹14,868Retail
228₹29,736Retail
342₹44,604Retail
456₹59,472Retail
570₹74,340Retail
684₹89,208Retail
8112₹1,18,944Retail
10140₹1,48,680Retail
13182₹1,93,284Retail
14196₹2,08,152Small HNI
68952₹10,11,024Big HNI

What lot size and price band mean

The lot size is the smallest number of shares you can bid for, and bids go up in whole lots. The price band is the range within which you can bid; most IPOs end up priced at its top.

Retail applicants can bid at the cut-off price, which means accepting whatever the final price is. The amount blocked is calculated at the top of the band.

Questions

What is the Corona Remedies IPO lot size?

14 shares per lot.

What is the minimum investment in the Corona Remedies IPO?

₹14,868: one lot of 14 shares at the upper price band.

How many lots can a retail investor apply for in Corona Remedies?

Up to 13 lots (₹1,93,284); one more lot would pass the ₹2 lakh retail limit.

What is the minimum HNI application in Corona Remedies?

14 lots, ₹2,08,152.

What is the Corona Remedies IPO price band?

₹1,008 to ₹1,062.

Learn more

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Track your family’s Corona Remedies applications free — allotment checked at the registrar and emailed to you.

Information, not investment advice. GMP is an unofficial grey-market indicator; figures come from public sources (InvestorGain) and may be late or wrong. Not registered with or affiliated to SEBI, the exchanges, the registrars or InvestorGain.