Pharmaceutical formulation developer Rubicon Research has announced its initial public offering (IPO) price band at Rs 461-485 per share, placing it in the premium segment among upcoming issues. The Mumbai-based company focuses on complex generics and specialty pharmaceutical products catering to regulated global markets.
Key Offer Details
The IPO will open for subscription soon with both fresh issue and offer-for-sale components.
The price band suggests an estimated valuation that highlights strong investor confidence in the firm’s R&D-driven business model.
Shares will be listed on both NSE and BSE after the conclusion of the public offer.
Market Outlook
Analysts see Rubicon’s focus on innovative drug delivery systems and expanding export presence as key strengths ahead of the IPO. Investor demand will likely be driven by sector growth prospects and robust product development capabilities.
Source: NSE, BSE, Company Release