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Kotak MF, Motilal Oswal MF invest ₹169 crore in Rubicon
The Free Press Journal - Mumbai
|October 09, 2025
Kotak Mutual Fund and Motilal Mutual Fund have together invested around Rs 169 crore in pharmaceutical firm Rubicon Research, ahead of its Initial Public Offering (IPO).
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As part of the transaction, General Atlantic Singapore RR Pte Ltd transferred a total of 34.86 lakh equity shares, representing a 2.25 per cent stake, at a price of Rs 484.47 per share, amounting to approximately Rs 169 crore.
This story is from the October 09, 2025 edition of The Free Press Journal - Mumbai.
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