Runwal Enterprises’ initial public offering (IPO) is set to open for subscription on September 25, 2026. According to the Red Herring Prospectus (RHP), the ₹499.83 crore book-built issue comprises a fresh issue of 1.64 crore equity shares, with no offer for sale (OFS) by its existing shareholders.

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.

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:

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.

Runwal Enterprises IPO Category-wise Investment Limits

The application size for each category is as follows -

Category	Investment Range
Qualified Institutional Buyers (QIBs)	Not more than 50% of the Net Issue
Non-Institutional Investors (NIIs)	Not less than 15% of the Net Issue
Retail Individual Investors (RII)	Not less than 35% of the Net Issue

The minimum investment amount for each category, based on the upper price band of ₹305 per share, is as follows -

Investor Category	Lots	Shares	Investment Amount (Approx.)
Retail (Minimum)	1	49	₹14,945
Retail (Maximum)	13	637	₹1,94,285
sNII (Minimum)	14	686	₹2,09,230
bNII (Minimum)	67	3283	₹10,01,315

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 spanning affordable, mid-income and luxury residential projects, along with commercial spaces, retail malls and educational buildings.

The developer also holds a strong position in key Mumbai submarkets, ranking first in residential sales in the eastern suburbs and leading new launches in Kalyan-Dombivli during the same period. As of March 31, 2026, its portfolio comprised 19 completed, 28 ongoing and 33 upcoming projects, developed through both greenfield developments and asset-light models such as joint development agreements (JDAs).

Key Financial Highlights

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