Runwal Enterprises IPO Day 3: Subscription Status, Timeline & Key Issue Details

Runwal Enterprises's ₹499.83 crore initial public offering (IPO) entered its final day of public subscription today, September 29, 2026, with a price band of ₹290 to ₹305 per share. As of 10:10 A.M on the third day of bidding, the issue had been subscribed 0.74 times.

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.

Runwal Enterprises IPO - Issue Details

• Issue Type: Book Built Issue (Fresh Issue only)
• Total Issue Size: Up to ₹499.83 crore
• Fresh Issue: Up to ₹499.83 crore
• Offer for Sale (OFS): Not Applicable
• Face Value: ₹2 per equity share
• Price Band: ₹290 to ₹305 per share
• Lot Size: 49 shares
• Minimum Investment Amount (Retail Investor): ₹14,945 (49 shares at the upper price)
• Listing: BSE, NSE
• Book Running Lead Managers: ICICI Securities Limited, Jefferies India Private Limited
• Registrar: MUFG Intime India Private Limited

Runwal Enterprises IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Note: The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

Runwal Enterprises IPO Day 3 Subscription Status

[September 29, 2026, 10:10 A.M.]

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

• Repayment/ pre-payment, in full or in part, of certain outstanding borrowings availed by the company
• Investment in its wholly owned material subsidiaries namely Runwal Residency Private Limited and Evie Real Estate Private Limited, for repayment/ pre-payment, in full or in part, of all or a portion of certain of their outstanding borrowings
• Funding acquisitions of future real estate projects 
• General corporate purposes.

About Runwal Enterprises Limited

Incorporated in 2016, Runwal Enterprises Limited is a Mumbai-based real estate developer with a diversified portfolio covering affordable, mid-income and luxury residential projects, as well as commercial developments, retail malls and educational infrastructure.

As of March 31, 2026, the company had 19 completed, 28 ongoing and 33 upcoming projects. It has an established presence across the Mumbai Metropolitan Region, particularly in the eastern suburbs and Kalyan-Dombivli. The company develops projects through a combination of greenfield developments and asset-light Joint Development Agreements (JDAs).

Key Financial Highlights 

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