Runwal Enterprises Shares List Flat on NSE
Runwal Enterprises made a muted debut on the stock exchanges on Monday, October 5, 2026. Its shares opened at ₹305 on the NSE, matching the IPO issue price. On the BSE, the stock began trading at ₹306, reflecting a 0.33% premium over the issue price.
The ₹499.83 crore IPO, open for bidding from September 25 to September 29, 2026, drew modest investor demand. At the close of the subscription period, the issue had been subscribed 2.50 times.
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
Explore other Upcoming IPOs on BSE and NSE.
Runwal Enterprises IPO Overall Subscription Status
[September 29, 2026, 7:00 P.M.]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
3.89x |
|
Non-Institutional Investors (NIIs) |
3.94x |
|
Retail Individual Investors (RIIs) |
1.12x |
|
Total |
2.50x |
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
Established in 2016, Runwal Enterprises Limited is a Mumbai-based real estate developer with projects spanning affordable, mid-income and luxury housing, commercial properties, retail malls and educational infrastructure.
As of March 31, 2026, the company had 19 completed projects, 28 ongoing developments and 33 projects in its upcoming pipeline. It has a strong presence across the Mumbai Metropolitan Region, particularly in the eastern suburbs and Kalyan-Dombivli, and develops projects through greenfield initiatives and asset-light 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 |
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