Rubicon Research IPO Allotment: 28% Listing Gain Expected after 109x Subscription: Check Allotment Status Now

Rubicon Research IPO allotment status will be released today, October 14, after the issue received an overwhelming response from investors. By the end of the final day of bidding on October 13, the total subscription stood at an impressive 109 times. The public issue is valued at Rs. 1,377 crore, comprising a Rs. 500 crore fresh issue and an Rs. 877 crore offer for sale (OFS). Investors who applied for the IPO will find out today whether they've been allotted shares, as Rubicon Research IPO shares are commanding a strong grey market premium (GMP) of Rs. 137 ahead of their scheduled listing.

Rubicon Research IPO subscription status

The IPO received an overwhelming response across all investor categories. The Qualified Institutional Buyers (QIB) segment was subscribed 137.09 times, the Non-Institutional Investors (NII) category 102.70 times, and the retail investor segment saw a healthy 37.40 times subscription by the end of Day 3.

Rubicon Research IPO GMP and listing expectations

The Rubicon Research IPO listing date is tentatively set for October 16th on both the BSE and NSE. According to the Investorgain website, the Rubicon Research IPO GMP stood at Rs. 137 as of 2 PM on October 14th. Based on the upper price band of Rs. 485, the expected listing price is around Rs. 622 per share, indicating a potential listing gain of about 28.25% for investors.

How to check Rubicon Research IPO allotment status online

Investors can check their Rubicon Research IPO allotment status using multiple platforms. If shares are not allotted, investors can check their refund status via their respective banks or UPI apps.

1. Through the Registrar portal: MUFG Intime India Pvt Ltd

Step 1: Visit the official website of MUFG Intime India Pvt Ltd.
Step 2: Select 'Rubicon Research' from the dropdown list.
Step 3: Enter your PAN number, application number, or DP/Client ID.
Step 4: Click on 'Submit' to view your Rubicon Research IPO allotment status.

2. On the NSE website

Step 1: Go to nseindia.com.
Step 2: Navigate to the 'Equity' section and click on IPO Allotment Status.
Step 3: Choose 'Rubicon Research', and enter your PAN or application number.
Step 4: Click on 'Submit' to check if you've been allotted shares.

3. On the BSE website

Step 1: Visit bseindia.com.
Step 2: Under the 'Markets' tab, select 'Equity' → 'IPO Allotment Status'.
Step 3: Choose 'Rubicon Research' from the company list.
Step 4: Provide your PAN, application number, or Demat ID and click 'Submit'.

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