AK News Rubicon Research IPO Gains Momentum Despite Initial Lukewarm Response

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Rubicon Research IPO Gains Momentum Despite Initial Lukewarm Response

Published on: Oct. 9, 2025, 6:07 p.m. | Source: Devdiscourse

Rubicon Research's IPO saw a 51% subscription on its first day. Retail investor interest was high, but institutional investor participation lagged. The IPO aims to raise Rs 1,377.5 crore, funding debt repayment, acquisitions, and corporate needs. Rubicon is focused on R&D, especially in US markets.

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