Rubicon Research Ltd. has announced public offering of 28402041 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 484.00 per share. The gross proceeds of the issue are expected to be Rs 1,37,749.90 lakhs.
The company's initial public offer (IPO) will open on 09 October 2025 and is expected to close on 13 October 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 461.00-485.00 per share.
The IPO includes a fresh Issue of 28402041 Equity Shares of the Company at an price of Rs 485.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 30 shares with bids in multiples of 30.
Rubicon Research Ltd. anticipates using the proceeds of the issue for .
Axis Capital Ltd.,JM Financial Ltd.,IIFL Capital Services Limited,SBI Capital Markets Ltd. as lead manager(s) & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.