About Runwal Enterprises Ltd IPO
Runwal Enterprises IPO is a Rs 500 crore mainboard public issue consisting entirely of a fresh issue of equity shares. The IPO will open on September 25 and close on September 29, 2026, with a price band of Rs 290–Rs 305 per share.
The shares are proposed to be listed on the BSE and NSE. ICICI Securities and Jefferies India are the Book Running Lead Managers, while MUFG Intime India is the registrar to the issue. Subodh Subhash Runwal is the promoter of the company.
The proceeds will be used to repay debt, invest in subsidiaries for debt repayment, fund future real estate project acquisitions and meet general corporate purposes.
About Runwal Enterprises Ltd.
Incorporated in 2016, Runwal Enterprises Limited is a real estate developer with projects across residential, commercial, retail and educational segments. Its residential portfolio covers affordable, mid-income and luxury housing.
As of September 30, 2024, the company had 15 completed, 25 ongoing and 32 upcoming projects. These projects represent an aggregate Developable Area and Estimated Developable Area of 48.71 million square feet.
Between January 2019 and September 2024, Runwal Enterprises launched around 4,688 residential units and sold approximately 4,198 units in the Eastern Suburbs submarket. In Kalyan-Dombivli, it launched around 16,043 units and sold approximately 11,481 units during the same period.
The company works with partners including IndusInd Bank, Kotak Mahindra Bank, ICICI Bank and Piramal Capital and Housing Finance for financing. New Consolidated Construction Company handles construction, while Architect Hafeez Contractor and HBA International are among its architects. Mahimtura Consultants provides technical consultancy.
As of September 30, 2024, the company and its subsidiaries had 791 permanent employees.
Runwal Enterprises IPO is a Rs 500 crore mainboard public issue consisting entirely of a fresh issue of equity shares. The IPO will open on September 25 and close on September 29, 2026, with a price band of Rs 290–Rs 305 per share. The shares are proposed to be listed on the BSE and NSE. ICICI Securities and Jefferies India are the Book Running Lead Managers, while MUFG Intime
Runwal Enterprises IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 81,96,721 crores |
| Non-Institutional Investors (NIIs) | 15% | 24,59,016.3 crores |
| Retail Individual Investors (RIIs) | 35% | 57,37,704.7 crores |
Runwal Enterprises IPO Strengths & Weaknesses
Established presence and brand recognition in the Mumbai metropolitan region.
Diversified portfolio across residential, commercial and retail projects.
Track record of project completion and delivery.
Access to strategically located real estate.
Partnerships and joint ventures with established stakeholders.
Runwal Enterprises IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 30 Sep '26 | 05 Oct '26 | 01 Oct '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹2 per share |
| Total Issue Size | 1,63,93,442 shares (aggregating up to To be announced) |
| Fresh Issue | 81,96,721 shares (aggregating up to ₹1,63,93,442 crores) |
| Offer for Sale | 0 shares of ₹2 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 0 shares |
Runwal Enterprises IPO Lot Size and Investment Details
| Minimum Lot Size | 49 shares |
| Maximum Lot Size (Retail) | -- |
The lot size of Runwal Enterprises ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Runwal Enterprises IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Runwal Enterprises IPO Contact & Registrar Details
Contact Details
Address
Runwal & Omkar Esquare, 4th floor, Off Eastern Exp Highway, Opp Sion Chunabhatti signal, Sion-(E), Mumbai City, Mumbai, Maharashtra, India Mumbai
Phone Number
Registrar Details
Registrar Name
MUFG Intime India Pvt.Ltd.
Phone Number
Runwal Enterprises Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| ICICI Securities Ltd. | Jefferies India Pvt.Ltd. |