After the IPO, General Atlantic's shareholding is expected to decrease by 35%.(Photo: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Rubicon Research on Wednesday announced that it had collected Rs 619 crore from anchor investors, right before its initial-share-sale opening for public subscription.

The anchor book saw participation from foreign and domestic institutional investors, such as Goldman Sachs, HDFC Mutual Fund, Fidelity Funds, ICICI Prudential MF, Kotak Mahindra MF, Amansa Holdings and Aranda Investments Pte, as per a circular on BSE.

Rubicon Research allotted over 1.27 crore equity shares to 32 funds at Rs 485 per share.

The firm's Rs 1,377.5 crore initial public offering consists of a fresh issue of equity shares worth Rs 500 crore and an offer for

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