Overview

• The final day subscription tally showed QIBs at 130.26x, NIIs at 97.61x, and retail at 35.47x, according to BSE data.
• The Rs 1,377.50 crore offer includes a Rs 500 crore fresh issue and a Rs 877.50 crore OFS within a price band of Rs 461–485 per share.
• Shares are slated to be credited and refunds processed on October 15, with trading set to begin on the BSE and NSE on October 16.
• Grey market premium was reported at about Rs 127 this morning, implying an estimated 26% listing gain, though such indications are unofficial and can change.
• Rubicon Research, a formulations maker with three Indian plants and US‑approved products, reported FY25 PAT of Rs 134.36 crore and raised about Rs 619 crore from anchor investors.