Rubicon Research IPO Details: Allotment, Subscription, Share Price & Listing Date

Rubicon Research, a medicine company, is selling its shares to the public for the first time. This is called an IPO (Initial Public Offering).

How many people want to buy?

• Many people want to buy shares — much more than available.
• Total demand is 22.78 times more than the supply.
• Regular people: 20.22 times
• Big investors: 9.22 times
• Rich investors/companies: 51.71 times

How much money is the company raising?

• Total: ₹1,377.5 crore
• ₹500 crore goes to the company
• ₹877.5 crore goes to the old investor (selling shares)
• ₹310 crore will pay off loans
• The rest will help the company grow and buy other businesses
• Each share costs between ₹461 and ₹485
• 1 lot = 30 shares

What does the company do?

Rubicon makes special types of medicines and spends a lot on research.

Important dates:

• Allotment (who gets shares): October 14
• Shares start trading on stock market: October 16
• Will list on BSE and NSE

How to check if you got shares:

• NSE Website:

https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

Choose Rubicon, enter PAN and application number

• BSE Website:

https://bseindia.com/investors/appli_check.aspx

Select Rubicon, enter PAN or application number

• MUFG Intime India:

https://in.mpms.mufg.com/Initial_Offer/public-issues.html

 Choose Rubicon, enter your details