Rubicon Research IPO Sees 103x Subscription
Rubicon Research Limited aims to raise Rs 1377.50 crore through its IPO, with a fresh issue of Rs 500 crore and an offer for sale of Rs 877.50 crore by General Atlantic Singapore RR Pvt Ltd.
The IPO concluded its final day of public bidding on October 13, with an overall subscription of 103.90 times, as per provisional exchange data.
- Total shares on offer: 2.84 crore equity shares
- Total shares bid for: 170.96 crore shares
- Subscription rates:
- Qualified Institutional Buyers (QIBs): 130.26 times
- Non-Institutional Investors (NIIs): 97.61 times
- Retail Individual Investors (RIIs): 35 times
The basis of allotment for the IPO shares is expected to be finalized on October 14, 2025.
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Author's summary: Rubicon Research IPO sees 103x subscription driven by strong investor demand.