Corporate Promoter General Atlantic transfers 51.6 lakh equity shares to Amansa Investments at Rs 484.47 per equity share
Amansa Investments has invested Rs ₹250 crore in IPO-bound Rubicon Research in a pre-IPO placement. Corporate Promoter General Atlantic Singapore RR transferred 51,60,278 equity shares (of face value of Re 1 each) to Amansa Investments for cash at a price of Rs 484.47 per equity share (including a share premium of Rs 483.47 per equity share), aggregating to Rs 250 crores (Pre-IPO Placement).
The transaction done in consultation with book running lead managers (BRLMs) of Rubicon Research has been approved by the Board on August 12, 2025.
General Atlantic Singapore RR, one of the Promoters of Rubicon Research, held 88,887,540 equity shares (57.34 per cent) earlier (at the time of DRHP filing in July 2024) and will continue to hold 83,727,262 equity shares (54.01 per cent) in the company post the pre-IPO deal. The other promoters of the company are Pratibha Pilgaonkar, Sudhir D Pilgaonkar, Parag S Sancheti, Surabhi P Sancheti, and Sumant S Pilgaonkar. Earlier, at the time of DRHP filing, the promoters held 82.87 per cent of the company, and the promoter group held 83.20 per cent.
The company had earlier filed its DRHP with SEBI for a proposed IPO comprising a fresh issue of equity shares aggregating up to Rs 500 crore and an offer for sale aggregating up to Rs 585 crore. The size of the fresh issue of up to Rs 500 crore has been reduced pursuant to the Pre-IPO Placement, and accordingly, the revised size of the fresh issue will be up to ₹250 crore.
Axis Capital, IIFL Capital Services, JM Financial, and SBI Capital Markets are the Book Running Lead Managers to the Issue.
