Kolkata: Rubicon Research and Canara Robeco, two companies that floated public issues recently kept up the record of successful IPOs this year. On Thursday, October 16, both shares debuted in both BSE and NSE recording listing gains. Rubicon Research IPO notched up huge subscription while Canara Robeco IPO also generated decent subscription levels.
Rubicon Research listing gain
On Thursday, Rubicon Research shares were listed on the BSE at Rs 620.10. This was against a price band of Rs 485 and it amounted to a listing gain of 27.86%. The listing gain was almost the same on NSE where the debut was at Rs 620 (listing gain of 27.84%).
Research-focused pharmaceutical company Rubicon Research got massive response to its Rs 1,377.50-crore public issue bidding for which was open between Octob