Rubicon Research makes a stellar listing on the bourses. The stocks are listed at a premium of 28%, or Rs 620, on the National Stock Exchange. The shares are listed at Rs 620.10 on BSE, a premium of 28%.
The company opened the issue for subscription on October 09 to raise a sum of Rs 1,377.50 crore. Rubicon Research kept the IPO price band between Rs 461 to Rs 485 per equity share.
The issue was a combination of 1.03 crore fresh shares and an offer for sale of 1.81 crore shares. The IPO closed the bidding on October 13. The allotment of shares was finalised on October 14.
The lot size for a retail application was 30, which amounts to Rs 14,550. The lot size investment for a small NII was 14 lots of 420 shares, aggregating to Rs 2 lakh, and for a big NII, it was 69 lots of 2,070 shares,