Rubicon Research IPO Subscription Details

Bookbuilding IPO | ₹1,378 Cr | Listed at BSE, NSE | Thu, Oct 9, 2025 - Mon, Oct 13, 2025

Basis of Allotment - Rubicon Research IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)85,09,7941,27,64,6912,12,74,48514,18,29928,36,59742,54,89628,36,59739,8632,84,05,841
Allotment price (Rs.)485485485485485485485439485
No.of applications248322802,29,9931,54,4083,84,40126,74,43337630,59,490
No.of shares applied1,16,54,06,0101,29,68,7301,17,83,74,74010,16,54,97033,15,81,39043,32,36,36010,34,64,96044,3401,71,51,20,400
Amount collected (Rs.cr.)56,522.19 628.98 57,151.17 4,930.27 16,081.70 21,011.96 5,018.05 1.95 83,172.27
No.of times subscribed136.951.0255.3971.67116.89101.8236.481.1160.38
No.of shares allotted85,09,7941,27,64,6912,12,74,48514,18,29928,36,59742,54,89628,36,59739,8632,84,05,841
Amount (Rs.cr.)412.73 619.09 1,031.81 68.79 137.57 206.36 137.57 1.75 1,377.50
No.of allottees248322803,3766,75310,12994,5533601,05,322

IPO Shares Offered

Rubicon Research IPO is a public issue of 2.84 Cr equity shares. The issue offers 0.28 Cr shares to retail investors, 2.13 Cr shares to qualified institutional buyers, and 0.43 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 2,12,74,4851,031.81 74.89%
    Anchor 1,27,64,691 619.09 44.94%
    QIB (Ex Anchor) 85,09,794 412.73 29.96%
NII 42,54,896206.36 14.98%
    bNII (> ₹10L)28,36,597137.57 9.99%
    sNII (< ₹10L)14,18,29968.79 4.99%
Retail28,36,597137.57 9.99%
Employee39,8631.93 0.14%
Total2,84,05,8411,377.68 100%

Rubicon Research IPO Anchor Investor Allocation

A total of 1,27,64,691 shares at a price of Rs 485 per share will be allotted to the anchor investors.

Anchor investors bid opening dateOct 08, 2025
Anchor investor price₹485.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days63,82,346
No. of shares locked-in for 90 days63,82,346
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 HDFC BUSINESS CYCLE FUND HDFC MUTUAL FUND 2,22,060 10.77 1.74 0.78
2 HDFC PHARMA & HEALTHCARE FUND HDFC MUTUAL FUND 3,17,220 15.39 2.49 1.12
3 HDFC INNOVATION FUND HDFC MUTUAL FUND 4,91,670 23.85 3.85 1.73
4 ICICI PRUDENTIAL PHARMA HEALTHCARE & DIAGNOSTICS (P.H.D) FUND ICICI PRUDENTIAL MUTUAL FUND 7,21,680 35.00 5.65 2.54
5 ICICI PRUDENTIAL EXPORTS & SERVICES FUND ICICI PRUDENTIAL MUTUAL FUND 3,09,270 15.00 2.42 1.09
6 FIDELITY FUNDS-INDIA FOCUS FUND FIDELITY 10,30,950 50.00 8.08 3.63
7 NOMURA FUNDS IRELAND PLC-NOMURA FUNDS IRELAND-INDIA EQUITY FUND NOMURA 10,30,950 50.00 8.08 3.63
8 GOLDMAN SACHS FUNDS-GOLDMAN SACHS INDIA EQUITY PORTFOLIO GOLDMAN SACHS 10,30,950 50.00 8.08 3.63
9 KOTAK MIDCAP FUND KOTAK MAHINDRA MUTUAL FUND 6,18,570 30.00 4.85 2.18
10 KOTAK MANUFACTURE IN INDIA FUND KOTAK MAHINDRA MUTUAL FUND 3,09,270 15.00 2.42 1.09
11 KOTAK HEALTHCARE FUND KOTAK MAHINDRA MUTUAL FUND 1,03,110 5.00 0.81 0.36
12 ARANDA INVESTMENTS PTE.LTD. ARANDA INVESTMENTS 10,30,950 50.00 8.08 3.63
13 AMANSA HOLDINGS PVT.LTD. AMANSA 10,30,950 50.00 8.08 3.63
14 AIONIOS ALPHA FUND-AIONIOS ALPHA FUND I AIONIOS 2,08,170 10.10 1.63 0.73
15 AL MEHWAR COMMERCIAL INVESTMENTS LLC-(WANDA) AL MEHWAR COMMERCIAL INVESTMENTS LLC 3,72,780 18.08 2.92 1.31
16 BAJAJ FINSERV BALANCED ADVANTAGE FUND BAJAJ FINSERV MUTUAL FUND 1,86,390 9.04 1.46 0.66
17 BAJAJ FINSERV MULTI ASSET ALLOCATION FUND BAJAJ FINSERV MUTUAL FUND 1,86,390 9.04 1.46 0.66
18 CANARA ROBECO MANUFACTURING FUND CANARA ROBECO MUTUAL FUND 3,72,780 18.08 2.92 1.31
19 GP EMERGING MARKETS STRATEGIES,LP GP EMERGING MARKETS STRATEGIES 1,03,110 5.00 0.81 0.36
20 HDFC LIFE INSURANCE CO.LTD. HDFC LIFE INSURANCE 3,72,780 18.08 2.92 1.31
21 MIRAE ASSET HEALTHCARE FUND MIRAE ASSET MUTUAL FUND 3,72,780 18.08 2.92 1.31
22 MOTILAL OSWAL SMALL CAP FUND MOTILAL OSWAL MUTUAL FUND 3,72,780 18.08 2.92 1.31
23 PGIM INDIA HEALTHCARE FUND PGIM INDIA MUTUAL FUND 66,960 3.25 0.52 0.24
24 PGIM INDIA LARGE & MIDCAP FUND PGIM INDIA MUTUAL FUND 96,660 4.69 0.76 0.34
25 PGIM INDIA MULTI CAP FUND PGIM INDIA MUTUAL FUND 96,630 4.69 0.76 0.34
26 PGIM INDIA RETIREMENT FUND PGIM INDIA MUTUAL FUND 15,630 0.76 0.12 0.06
27 PGIM INDIA ELSS TAX SAVER FUND PGIM INDIA MUTUAL FUND 96,900 4.70 0.76 0.34
28 PIONEER INVESTMENT FUND-SCHEME II PIONEER 3,72,780 18.08 2.92 1.31
29 SOCIETE GENERALE-ODI SOCIETE GENERAL 3,72,780 18.08 2.92 1.31
30 THINK INDIA OPPORTUNITIES MASTER FUND LP THINK INDIA 3,72,780 18.08 2.92 1.31
31 UNIVERSITY OF NOTRE DAME DU LAC UNIVERSITY OF NOTRE DAME DU LAC 1,05,231 5.10 0.82 0.37
32 VALUEQUEST INDIA INFLEXION FUND VALUEQUEST 3,72,780 18.08 2.92 1.31
1,27,64,691619.0910044.94

IPO Subscription FAQs

The Rubicon Research IPO is subscribed 109.35 times by Oct 13, 2025 17:04.

Rubicon Research IPO Subscription

Investor Category Subscription (times)
Qualified Institutional137.09
Non Institutional102.7
Retail Individual37.4
Employee Reservations17.68
Total Subscription109.35

Retail category of Rubicon Research IPO subscribed 37.4 times as of date Oct 13, 2025 17:04. The public issue closes on Mon, Oct 13, 2025 for bidding.

An investor can apply in Rubicon Research IPO online via bank (using ASBA) or the broker (using UPI). The Rubicon Research IPO shares are offered online only.

The Rubicon Research IPO is subscribed 109.35 times by Oct 13, 2025 17:04.

The Rubicon Research IPO allotment status is expected on or around Tuesday, October 14, 2025. Visit Rubicon Research IPO allotment status to check.

The Rubicon Research IPO listing date is October 16, 2025. The equity share of Rubicon Research IPO will list on BSE, NSE.

Visit Rubicon Research IPO subscription status page for real-time bidding information about Rubicon Research IPO.

Rubicon Research IPO Timetable

IPO opens OnThursday, October 9, 2025
IPO Closes OnMonday, October 13, 2025
Finalisation of Basis of AllotmentTuesday, October 14, 2025
Initiation of RefundsWednesday, October 15, 2025
Credit of Shares to Demat AccountWednesday, October 15, 2025
IPO Listing DateThursday, October 16, 2025
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