MainboardListedRUBICON

Rubicon Research Limited IPO

Pharmaceuticals · DRHP 31 Jul 2024 · listed 16 Oct 2025

Follow this IPOuse-of-proceeds reports, on Telegram

Issue price
₹485.00
band ₹461.00 to ₹485.00
Lot
30 shares
₹14,550 at the top of the band
Subscription window
9 Oct to 13 Oct
2025
Listing
16 Oct 2025
NSE
Subscribed
57.8x
retail 23.9x

About the Rubicon Research IPO

Rubicon Research Limited raised money through a mainboard IPO on NSE and BSE.

Bidding ran Thu 9 Oct to Mon 13 Oct, at an issue price of ₹485 a share, in lots of 30 shares. The shares listed on 16 Oct 2025.

The book-running lead managers are Axis Capital Limited, IIFL Capital Services Limited, JM Financial Limited and SBI Capital Markets Limited. The registrar, which handles allotment, is MUFG Intime India Private Limited.

The issue was subscribed 57.77 times overall, with the retail portion at 23.85 times, as the exchange's bid book showed.

The draft offer document was filed on 31 Jul 2024.

newboard writes its studies from the offer document before an issue lists, and this one listed without one. The figures on this page are the exchange's and the offer document's, each with its source.

Rubicon Research IPO: questions answered

When was the Rubicon Research IPO open, and what were the price band and lot size?

Bidding ran Thu 9 Oct to Mon 13 Oct. The issue price is ₹485 a share. One lot is 30 shares, ₹14,550 at the upper end of the band.

When did the Rubicon Research IPO list?

The shares listed on 16 Oct 2025 on NSE and BSE.

How do I check the Rubicon Research IPO allotment status?

Allotment is finalised by the registrar, MUFG Intime India Private Limited, usually the working day after the issue closes. Check it on the registrar's website or on BSE and NSE with a PAN, application number or DP ID. Shares not allotted have their blocked amount released by the refund date.

The Rubicon Research IPO allotment status page, with the direct links

Who are the registrar and lead managers of the Rubicon Research IPO?

The book-running lead managers are Axis Capital Limited, IIFL Capital Services Limited, JM Financial Limited and SBI Capital Markets Limited. The registrar, which handles applications and allotment, is MUFG Intime India Private Limited.

How many times was the Rubicon Research IPO subscribed?

57.77 times overall, as the exchange's bid book last showed: qualified institutions 73.91 times, non-institutional investors 39.4 times and retail 23.85 times.

Category-wise subscription, from the exchange

What is the Rubicon Research IPO GMP?

newboard does not publish a grey-market premium. Grey-market deals happen outside the stock exchanges, are not regulated, and leave no public record of who traded at what price. What is on record is the offer document, read on this page, and the exchanges' bid book.

Where the money went

The monitoring agency's report for the quarter to 30 Jun 2026: each object in the offer document and how much of it had been used by then.

ObjectProposed, ₹ croreUsed, ₹ crore
Report (figures not machine-readable)--

The monitoring agency's report · Other issues

Rubicon Research IPO: the next step, on Telegram

A message when there is news on each use-of-proceeds report the company files. Free, no account, leave in one tap. Send /stop to end it.

Not on this page yet: an offer-document study, the peer table the issuer printed. Each is added when the pipeline extracts it from the offer document.