In the rapidly evolving world of pharmaceuticals, Rubicon Research Ltd. stands as a pioneer in innovation, technology, and drug delivery solutions. With a mission to make healthcare more effective, accessible, and reliable, Rubicon has established itself as a global pharmaceutical company that combines scientific excellence with a passion for improving patient outcomes.
Company Overview
Rubicon Research Ltd., incorporated in 2001, is a specialty pharmaceutical company headquartered in Mumbai, India. The company focuses on research-driven formulation development, manufacturing, and licensing of complex generics, innovative products, and value-added formulations across multiple therapeutic segments.
Rubicon’s state-of-the-art R&D center and manufacturing facilities are approved by leading global regulatory authorities such as the USFDA, MHRA (UK), TGA (Australia), and Health Canada, reflecting its commitment to international quality and compliance standards.
With a strong presence in the United States, Canada, Europe, and emerging markets, Rubicon Research partners with global pharmaceutical companies to develop, manufacture, and commercialize advanced drug delivery systems.
Core Areas of Expertise
- Formulation Development: Advanced oral solids, liquid formulations, topical, ophthalmic, and inhalation products.
- Complex Generics: Development of difficult-to-formulate and high-barrier generics.
- Drug Delivery Platforms: Proprietary technology platforms for modified release, taste masking, solubility enhancement, and bioavailability improvement.
- Contract Development & Manufacturing (CDMO): End-to-end solutions from concept to commercialization.
Vision & Mission
- Vision: To be a global leader in innovative pharmaceutical solutions that improve health and quality of life.
- Mission: To leverage science, technology, and expertise to deliver differentiated healthcare products and value-driven partnerships worldwide.
Quality & Innovation
At Rubicon Research, quality is the foundation of every operation. The company’s innovation-driven culture focuses on solving complex pharmaceutical challenges through scientific rigor and modern technology.
Their state-of-the-art analytical labs and cross-functional R&D teams work relentlessly to ensure every product meets stringent quality, efficacy, and safety standards.
Achievements & Milestones
- Over 75+ approved ANDAs and global product filings across key regulated markets.
- Strategic partnerships with leading multinational pharmaceutical companies.
- Recipient of industry awards for innovation, formulation excellence, and export growth.
- Expanding manufacturing capabilities to meet global demand for complex drug products.
Rubicon Research Ltd. IPO Timetable
Particular | Date |
IPO Open Date | 09 Oct 2025 |
IPO Close Date | 13 Oct 2025 |
Allotment Date | 16 Oct 2025 |
IPO Listing Date | 16 Oct 2025 |
Rubicon Research Ltd. IPO Details
Issue Type | Book building IPO |
Face Value | Rs. 30 Per Equity Share |
IPO Price | Rs. 461 to 485 Per Equity Share |
Market Lot | 30 Share |
ISIN Code | |
Listing At | NSE, BSE |
Issue Size | Rs. 1377.50 Crore. |
Rubicon Research Ltd. IPO Lot Size
Application | Lots | Shares | Amount |
Minimum | 1 | 30 | Rs. 14550 |
Maximum | 13 | 390 | Rs. 189150 |
Small HNI (Minimum) | 14 | 420 | Rs. 203700 |
Big HNI (Minimum) | 69 | 2070 | Rs. 1003950 |
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Company Financials :
Particular | 31 March 2025 | 31 March 2024 | 31 March 2023 |
Total Assets | 1451.43 | 1109.49 | 749.70 |
Total Revenue | 1296.22 | 872.39 | 419 |
Profit After Tax | 134.36 | 91.01 | -16.89 |
Company Promoters:
General Atlantic Singapore RR Pte. Ltd., Pratibha Pilgaonkar, Sudhir Dhirendra Pilgaonkar, Parag Suganchand Sancheti, Surabhi Parag Sancheti and Sumant Sudhir Pilgaonkar are the company promoters.
Objects of this Issue:
- Prepayment or scheduled repayment of all or a portion of certain outstanding borrowings availed by the Company
- Funding inorganic growth through unidentified acquisitions and other strategic initiatives and General corporate purposes
Registrar & Company Details
Company Contact Information | IPO Registrar |
Rubicon Research Ltd. MedOne House, B-75, Road No. 33, Wagle Estate, Thane, Maharashtra, 400604 Phone: 022 61414000 Email: investors@rubicon.co.in Website: https://www.rubicon.co.in/ | MUFG Intime India Pvt.Ltd. Phone: +91-22-4918 6270 Email: rubicon.ipo@linkintime.co.in Website: https://linkintime.co.in/Initial_Offer/public-issues.html |