Runwal Enterprises IPO Listing: Shares List On A Muted Note; Listing Price Equals The Upper Price Band Of The IPO
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Runwal Enterprises shares listed flat on the stock exchanges. The issue was oversubscribed by 2.64 times overall and 1.19 times in the retail category.
Shares of Runwal Enterprises Limited began trading on the domestic stock exchanges on a flat note. The stock opened at ₹305 apiece on the National Stock Exchange (NSE), equal to the upper price band of the IPO. On the Bombay Stock Exchange (BSE), it opened at ₹306 apiece, translating into a modest premium of 0.33%.
Runwal Enterprises IPO And Subscription Details
The ₹500-crore Runwal Enterprises initial public offering (IPO) opened for subscription on 25 September 2026 and closed on 29 September. The mainboard IPO received a lukewarm response from investors, with the overall subscription reaching 2.64 times.
The non-institutional investor (NII) quota received the maximum subscription, with the reserved portion getting subscribed by over 4.14 times. The qualified institutional buyer (QIB) category was subscribed by 4.10 times, whereas the retail portion was subscribed by 1.19 times.
The IPO comprised entirely a fresh issue of 1.64 crore equity shares, with no offer for sale (OFS) component.
About Runwal Enterprises Ltd
Runwal Enterprises Limited is a real estate developer with a strong presence in Mumbai. The company’s projects span across residential, commercial and retail segments. The residential portfolio comprises affordable, mid-income and luxury housing units. The commercial portfolio comprises office spaces, retail malls and educational buildings.
As of 31 March 2026, Runwal Enterprises and its subsidiaries had 1,181 permanent employees working across key functions, including construction management, sales and marketing, customer care, accounts, billing, and procurement, among others.
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.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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