10 Oct 2025 | 5 Mins Read
Rubicon Research IPO sees 76% subscription on Day 2
Flipitmoney
Rubicon Research's IPO received 76% subscription on the second day of bidding, with 1,24,25,520 shares bid against 1,64,55,670 shares on offer. Retail investors subscription was 2.19 times, non-institutional 79% and QIBs 26%. The company raised Rs 619 crore from anchor investors and has a price band of Rs 461-485 per share, with proceeds for debt repayment and acquiring new businesses.