Runwal Enterprises ₹500-Crore IPO Opens 25 September At ₹290–305
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Runwal Enterprises will open its ₹500-crore IPO on 25 September at ₹290–305 per share. The company plans to use ₹325 crore of the proceeds to repay debt.
Runwal Enterprises will open its ₹500-crore initial public offering (IPO) on 25 September, with the Mumbai-based real estate developer fixing the price band at ₹290–305 per share. The issue values the company at around ₹4,507.6 crore at the upper end of the price band.
Runwal Enterprises’ IPO will consist only of a fresh issue of shares. The size has been reduced from the ₹1,000 crore offering proposed when Runwal Enterprises filed its draft papers in March 2025.
Four IPOs To Open Alongside
Runwal Enterprises will share the 25 September opening date with three other companies — AceVector, the parent of Snapdeal, German Green Steel and Power, and Orient Cables. The four upcoming IPOs will remain open until 29 September. The anchor portion of the issues will open on 24 September.
Share allotment is expected to be completed by 30 September, with the shares likely to start trading on 5 October.
Minimum IPO Investment At ₹14,210
Investors can bid for at least 49 shares in the IPO, with further bids allowed in multiples of 49. At the upper end of the price band, one lot will cost ₹14,945. A retail investor can bid for up to 637 shares, for a maximum investment of ₹1,94,285.
Runwal Enterprises has also set aside up to 3.5 crore shares for its employees. Eligible employees will get a ₹14 discount on the final issue price.
₹325 Crore For Debt Repayment
Runwal Enterprises plans to use ₹325 crore from the IPO proceeds to repay debt. The company and its subsidiaries, Runwal Residency and Evie Real Estate, had total outstanding borrowings of ₹1,144.3 crore as of July 2026. The balance of the Runwal Enterprises IPO proceeds will be used for acquiring future real estate projects and general corporate purposes.
Financial Performance So Far
The company's financial performance improved sharply in FY26. Profit rose to ₹185.8 crore in the financial year ended March 2026 from ₹55.6 crore a year earlier. Revenue increased 78.5% to ₹1,798.9 crore from ₹1,007.8 crore.
ICICI Securities and Jefferies India are the merchant bankers handling the Runwal Enterprises IPO.
Also Read - Sify Infinit Spaces Puts Around ₹3,700 Crore IPO On Hold
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
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