The wait is almost over for investors who applied for the Rubicon Research IPO.
The share allotment is expected to be finalised later tonight, October 14, after the issue saw a massive response with 104 times subscription in the primary market.
The Rs 1,377.5-crore IPO was open for bidding from October 9 to 13, with a price band of Rs 461–485 per share.
Before the subscription opened, the company had already raised Rs 619 crore from anchor investors.
How to Check Rubicon Research IPO Allotment Status
Applicants can check their allotment status on the website of the registrar, MUFG Intime India Pvt Ltd (formerly Link Intime India Pvt Ltd), or directly on the BSE and NSE websites.
Here’s how to check through MUFG Intime:
Visit MUFG Intime India IPO Status
Select Rubicon Research Limited from the dropdown menu
Enter your PAN, application number, or DP client ID
Click Submit to view your allotment status
To check on NSE:
Go to NSE IPO Status
Select Rubicon Research under Equity & SME IPO bid details
Enter your Application Number or PAN
Click Submit to see the status
To check on BSE:
Visit BSE IPO Application Status
Choose Equity as the issue type
Select the Issue Name and enter your PAN number
Click Search to view results
Rubicon Research IPO GMP and Listing Date
According to market trackers, Rubicon Research shares are trading at a grey market premium (GMP) of around Rs 127, which indicates a listing gain of about 26 percent over the issue price.
The company’s shares are set to be listed on both NSE and BSE on October 16.
Bottom Line
With the IPO oversubscribed more than 100 times and a strong grey market buzz, investor interest in Rubicon Research remains high.
However, experts advise investors to review all details and consult financial advisors before making any trading decisions after listing.
