The allotment process for Rubicon Research IPO of ₹1377.50 crores is expected to be on Thursday, October 9, 2025. The IPO’s subscription closed on October 13, 2025. Bidding for the IPO took place between October 9, 2025, and October 13, 2025. Shares were priced between ₹461 and ₹485 per share.
The IPO of Rubicon Research consisted of a fresh issue of shares and an offer for sale. As of October 13, 2025, the IPO was subscribed 2.34 times by QIBs, 22.39 times by NIIs and 13.27 times by retail investors.
(As on 13th Oct’25, 5:00 PM)
Date | QIB (Ex Anchor) | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | EMP | Total |
---|---|---|---|---|---|---|---|
Day 1 | 0.27 | 0.49 | 0.4 | 0.66 | 1.43 | 0.97 | 0.54 |
Day 2 | 2.22 | 1.92 | 1.6 | 2.55 | 4.16 | 2.33 | 2.49 |
Day 3 | 2.36 | 23.87 | 25.96 | 19.69 | 13.73 | 7.68 | 10.28 |
Category | Subscription Rate |
---|---|
Non-Institutional (HNI) | 70.38x |
Employees | 11.82x |
Qualified Institutions | 25.64x |
Retail | 23.87x |
Total Subscription | 37.46x |
Rubicon Research IPO is in demand. The IPO has been subscribed 84 times across categories.
Retail: 1 out of 137
NII: 1 out of 101
Retail: 1 out of 33
EMP: 1 out of 16
ON BSE
ON NSE
The National Stock Exchange (NSE) has an IPO bid verification module. You can use it to check the status of Rubicon Research Ltd. Go to the NSE website and find the 'Invest' tab. Click on 'Verify IPO Bids' under 'Resources & Tools'. On the NSE IPO Bid Verification page, enter:
Then click 'Submit' to know the allotment status. Make sure to keep your PAN/Application Number/DP ID ready while checking allotment status.
Rubicon Research raised ₹619 crores from Anchor Investors.
If you are allotted the Rubicon Research shares on Oct 14, 2025, the allotment day, the shares will be credited to your demat account on Oct 15, 2025. The money that was blocked for them will be debited from your linked bank account. Once you receive the shares, you can trade them or sell them after they are listed on Oct 16, 2025, on NSE or BSE.
If you didn’t receive allotment:
The shares of Rubicon Research are expected to be listed on BSE and NSE on or about October 16, 2025. You can track listing gains/losses on Kotak Securities.
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.