New Delhi: Three major Initial Public Offer (IPO) are currently open for subscription in the market, which are – Rubicon Research, Canara Robeco AMC, and Canara HSBC Life Insurance. The grey market premiums (GMP) of all three IPOs are indicating different trends.

As per the GMP figures, Rubicon IPO as compared to the other two public offers. However, if investors want stable returns over the long term, HSBC Life is emerging as a reliable option.

The GMP for the Rubicon Research IPO reached Rs 111 on October 11. The GMP figures indicate that the shares are estimated to be listed at Rs 596 as compared to the issue price of Rs 485, representing a potential listing gain of approximately 22.89 per cent.

Rubicon Research........

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