New Delhi, Oct. 16 -- Against a blockbuster response for its initial public offering (IPO) and a firm trend in the grey market, Rubicon Research shares listed at a healthy premium in the Indian stock market on Thursday, October 16.

Rubicon Research share price listed at Rs.620.10 on the BSE, a premium of Rs.135.10 or 27.86%, as against the IPO price of Rs.485. Meanwhile, on the NSE, Rubicon Research shares debuted at a premium of Rs.135 or 27.84% at Rs.620.

The listing was in line with expectations. Ahead of Rubicon Research IPO listing today, the grey market premium (GMP) was Rs.145, signalling a listing price of Rs.630 - a premium of 29.9%.

Rubicon Research IPO was subscribed 103.90 times by the end of the third day of the bidding pr...