Runwal Enterprises's ₹499.83 crore initial public offering (IPO) opened for public subscription today, September 25, 2026, with a price band of ₹290 to ₹305 per share. As of 10:05 A.M on the first day of bidding, the issue had been subscribed 0.00 times.
The IPO will remain open until September 29, 2026. The basis of allotment is expected to be finalised on September 30, 2026, and the shares are tentatively scheduled to be listed on the BSE and NSE on October 5 , 2026.
The expected IPO schedule is as follows:
|
Event |
Date |
|
Subscription Opening Date |
25 September 2026 |
|
Subscription Closing Date |
29 September 2026 |
|
Basis of Allotment Date |
30 September 2026 |
|
Refund Initiation Date |
1 October 2026 |
|
Credit of Shares |
1 October 2026 |
|
Listing on BSE and NSE |
5 October 2026 |
Note: The allotment and listing dates are tentative and may be revised.
Explore other Upcoming IPOs on BSE and NSE.
[September 25, 2026, 10:05 A.M.]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.00x |
|
Non-Institutional Investors (NIIs) |
0.00x |
|
Retail Individual Investors (RIIs) |
0.00x |
|
Total |
0.00x |
The company intends to utilise the net proceeds from the fresh issue towards:
Incorporated in 2016, Runwal Enterprises Limited is a Mumbai-based real estate developer with a diversified portfolio across affordable, mid-income, and luxury residential projects, as well as commercial developments, retail malls, and educational infrastructure.
The company has established a strong presence in Mumbai's real estate market, ranking first in residential sales in the eastern suburbs and leading new project launches in Kalyan-Dombivli. As of March 31, 2026, its portfolio included 19 completed, 28 ongoing, and 33 upcoming projects, executed through a mix of greenfield developments and asset-light models such as Joint Development Agreements (JDAs).
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
1,798.95 |
1,007.76 |
2,408.87 |
|
EBITDA |
349.81 |
180.11 |
201.73 |
|
Profit After Tax (PAT) |
185.76 |
55.65 |
93.70 |
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