Rubicon Research IPO listing: What can investors expect as shares debuts on NSE and BSE on Thursday

All eyes are on the listing day of Rubicon Research IPO that will take place on October 16. 

With an issue size of Rs 1,377 crore, investors who applied for the initial public offering of the IPO were informed of the allotment status on October 14. 

Rubicon Research IPO was available for investors to apply from October 9 to 13 for a minimum investment of Rs 13,830 for 1 lot that included 30 shares. The price band for the IPO was set between Rs 461-485. 

What to expect:

Multiple media reports predicted a grey market premium (GMP) of Rs 96 for the IPO. With an upper price band of Rs 485, a listing gain of 20 per cent over the issue price is predicted by various market analysts. 

The company, established in 1999, evolved from a contract development services provider to a focused pharmaceutical company developing, manufacturing, and marketing specialty and generic prescription products primarily for the US market. 

Here's how you can check the Rubicon Research IPO allotment status on BSE 

Visit the official website of BSE and select the application status page 

Under Issue Type, select 'Equity' and later select 'Rubicon Research Ltd'

Submit your application number and PAN card number details to find out the allotment status.

Here's how you can check the Rubicon Research IPO allotment status on NSE

Visit the official website of NSE and select the 'Equity & SME IPO bid details'

Select 'Rubicon Research Ltd' and submit your PAN card number as well as application number details to know your allotment status. 

For more information, visit the official website.