IPO GMP Today: Rubicon Research vs Canara Robeco
The unlisted shares of Rubicon Research and Canara Robeco Asset Management are trading at a premium, indicating favorable listing gains when the IPOs debut on the market this week.
The initial public offerings (IPOs) of Canara Robeco Asset Management Company and Rubicon Research concluded their 3-day subscription on October 13. The IPO of Rubicon Research was oversubscribed 103.90 times, whereas the IPO of Canara Robeco was oversubscribed 9.74 times.
The demand for both these mainboard IPOs was led by Qualified Institutional Buyers. The grey market premium (GMP) for the IPOs continues to be in the news as private market investors continue to trade the unlisted shares on the grey market.
Investors can expect a potential listing gain from 4% up to 26% when the shares list on the stock market this week.
- Rubicon Research IPO: oversubscribed 103.90 times
- Canara Robeco IPO: oversubscribed 9.74 times
The GMP for the Rubicon Research IPO was Rs 127 as of 11:00 a.m.
No direct quotes available in the text.
Author's summary: IPOs of Rubicon Research and Canara Robeco show favorable listing gains.
More News
- We need another bridge at busy intersection in The Villages - Villages-News.com
- Alexander Bublik Never Posted Wedding Photos With Wife, Tatiyana? Doesn't Follow Her On Instagram
- Wanderers still chasing first win after Bulls draw
- DHS Seeks to Combine State Driver’s License Records With Citizenship Data
- Saturday Sport: Ireland face New Zealand in Chicago, Manchester United lead Nottingham Forest - National Sport - Waterford News & Star
- Alejandro Kirk Net Worth: How much does the Mexican player earn with the Blue Jays?
- Grand Egyptian Museum expected to welcome 15,000 visitors daily | Tourism Minister- Business Today
- Ex-Liverpool scouting chief Fallows makes Chelsea move
- Saturday Sport: Ireland face New Zealand in Chicago, Manchester United lead Nottingham Forest - National Sport - Waterford News & Star
- AI’s Limits Exposed: New Study Finds Machines Struggle With Real Remote Work