Rubicon Research IPO: Steps to check allotment status on NSE and BSE

Investors who applied for the Rubicon Research IPO will be notified about the allotment status on October 14.

Rubicon Research IPO received an immense response from the investors that resulted in 103 times the subscription rate during the three days of public bidding.

With an issue size of Rs 1,377 crore, investors could apply for a minimum of 1 lot that included 30 shares for a minimum investment of Rs 13,830. The price range is set at Rs 461-485.

The bidding process, which took place from October 9 to 13, will share information with the IPO applicants about their allotment status on October 14. After the allotment process, the listing of the stock is scheduled to take place on October 16.

The company, established in 1999, evolved from a contract development services provider to a focused pharmaceutical company developing, manufacturing, and marketing specialty and generic prescription products primarily for the US market.

Here’s how you can check the Rubicon Research IPO allotment status on BSE

Visit the official website of BSE and select the application status page

Under Issue Type, select ‘Equity’ and later select ‘Rubicon Research Ltd’

Submit your application number and PAN card number details to find out the allotment status.

Here’s how you can check the Rubicon Research IPO allotment status on NSE

Visit the official website of NSE and select the ‘Equity & SME IPO bid details’

Select ‘Rubicon Research Ltd’ and submit your PAN card number as well as application number details to know your allotment status.

For more information, visit the official website.