Kolkata: Rubicon Research IPO is designed to mobilise Rs 1,377.50 crore. The bidding process of the IPO began on October 9. It will close today and the price band of the issue has been fixed at Rs 461-485. Rubicon Research is a pharmaceutical company active in development, manufacturing and sale of differentiated formulations. The company was set up in 1999. The company raised Rs 619 crore from anchor investors on October 8, a day before the bidding process got underway.
On June 30, 2025; March 31, 2025; March 31 2024 and March 31 2023 the total income of Rubicon Research stood at Rs 356.95 crore; Rs 1,296.22 crore; Rs 872.39 crore and Rs 419.00 crore respectively. The profit after tax figure on these four dates were Rs 43.30 crore; Rs 134.36 crore; Rs 91.01 crore and Rs (-) 16.89 crore.