Rubicon Research Set for ₹1,377 Crore IPO Debut on Oct 9
Rubicon Research is set to make its stock market debut with an Initial Public Offering (IPO) opening on Thursday, 9 October 2025. The IPO aims to raise ₹1,377.49 crore, with shares expected to list at ₹565 apiece, following a grey market premium (GMP) of ₹80 per share.
The anchor investor round for Rubicon Research's IPO concluded on Wednesday, 8 October 2025, raising ₹619 crore. This was achieved by allocating 1,27,64,691 equity shares at ₹485 per share to anchor investors. The specific mutual funds involved in this round, across 18 schemes, have not been publicly disclosed.
The IPO will remain open for subscription until Monday, 13 October 2025. The price band for the IPO is set at ₹461 to ₹485 per share, with a lot size of 30 shares per lot.
Rubicon Research's IPO is expected to be a significant event in the Indian stock market, with investors anticipating the listing of the company's shares at ₹565 apiece, following a GMP of ₹80. The successful anchor round indicates strong interest in the company's prospects.
Read also:
- HLC Approves ₹4,645.60 Crore for Flood Recovery and Wetland Rejuvenation in Nine States
- Crooked House Pub's Demolition: Council Orders Rebuild, Debate on Historic Building Protections
- Floods Force Wild Animals to Escape Sanctuaries in West Bengal
- Shaping India's Economic Progression: Readying the Financial System for Tomorrow