Latest Updates Around The World
The Indian primary market is set for a quieter week, with just one initial public offering (IPO) from the mainboard’s Midwest. Meanwhile, three pending motherboards and three SME issues will complete their bidding process. The much-awaited listings of Tata Capital and LG Electronics are scheduled for Monday and Tuesday respectively, while eight other companies are […]
Rubicon Research’s Rs 1,377 crore IPO, which opened for subscription on October 9, has now entered its second day. The issue was 51% subscribed, with bids for 84.62 lakh shares against the 1.64 crore shares offered by the end of Day 1. Market observers report that Rubicon Research is trading at a gray market premium […]
Timf Holdings, who is owned by the American thinking investments, and 360 One Funds have invested RS 140 Crore in pharmaceutical company Rubicon Research in a pre-ipo financing round. As part of the transaction, General Atlantic Singapore RR PTE. LTD, one of the promoters of Rubicon Research, transferred 28.89 Lakh shares to Timf Holdings and […]
