Runwal Enterprises Ltd. logo

Runwal Enterprises Ltd. IPO Details

Runwal Enterprises was incorporated on February 17, 2016. The company is a recognized real estate developer in Mumbai, engaged in residential, commercial, retail, and educational projects across all segments. (Source: JLL Report)

Bidding Dates
25 Sep 2026 - 29 Sep 2026
Subscription
2.5x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
₹14,2101134916.4 M₹290 - ₹30584.61 %₹4,754.1 M - ₹5,000.0 MRHP DOC

Runwal Enterprises IPO SUBSCRIPTION STATUS

29 Sep '26
Total2.5x
Retail Individual Investor1.12x
HNI (NII) Investors3.94x
Qualified Institutional Buyers3.89x
Employees1.13x

Runwal Enterprises IPO overall subscription rate was 2.5 times the total available shares

Runwal Enterprises IPO retail subscription rate was 1.12 times in the retail segment

Runwal Enterprises IPO non-institutional investor subscription rate was 3.94 times in the non-institutional investor category

Runwal Enterprises IPO Qualified Institutional Bidder subscription rate was 3.89 times the available shares for Qualified Institutional Bidder

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional BuyersEmployees
Category Reservation10%15%75%-
29 Sep 2026
(Day 3)
1.12x3.94x3.89x1.13x
28 Sep 2026
(Day 2)
0.42x0.94x1.05x0.4x
25 Sep 2026
(Day 1)
0.18x0.28x0.96x0.17x

Runwal Enterprises FINANCIALS

Period Revenue from Operations (Rs in crore) Net Profit (Rs in crore) Cash Flow from Operations (Rs in crore) Free Cash Flow (Rs in crore) Margins
FY26 1,798.9 185.8 -180.7 -411.5 19.4%
FY25 1,007.8 55.6 -198.1 -272.1 17.9%
FY24 2,408.9 93.7 -549.5 -677.0 8.4%

Runwal Enterprises IPO SUBSCRIPTION STATUS DETAILS

Runwal Enterprises has 16.4 M shares on offer

Runwal Enterprises IPO offer price is in the range ₹290 - ₹305

Runwal Enterprises IPO minimum Investment is ₹14210

Runwal Enterprises IPO issue size is ₹ 4,754.1 M - ₹ 5,000.0 M

Runwal Enterprises has a minimum lot size of 49 Shares per application

Runwal Enterprises NUMBER OF SHARES ON OFFER

Total16.4 M
Fresh Issue16.4 M
Offer for Sale0
Post Issue Promoter Holding %84.61 %

Runwal Enterprises IPO IMPORTANT DATES

Issue Open Date25 Sep 2026
Issue close Date29 Sep 2026
Allotment Date30 Sep 2026
Refund Date01 Oct 2026
Demat Account Credit Date01 Oct 2026
Listing Date05 Oct 2026
Listing on Exchange(s)NSE and BSE
Runwal Enterprises Allotment StatusExchange/ Registrar

Runwal Enterprises IPO subscription opens on 25 Sep 2026, and closes on 29 Sep 2026

IPO allotment for Runwal Enterprises is expected to be finalized on Wednesday, 30 Sep 2026

IPO listing for Runwal Enterprises will be on NSE and BSE on Monday, 05 Oct 2026

Runwal Enterprises IPO LISTING GAINS

Issue Price (adjusted)305.0
Listing Open Price305.0
Listing Close Price-
Listing Gain%0.0%
Current Gain%-5.4%

Runwal Enterprises Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Runwal Enterprises Ltd.285.84224.420.20.12.325.121850.876.1209.316714.2167
DLF Ltd.670.7166019.237.3-43.224.69.75.998169.14414.71.118-0.9
Lodha Developers Ltd.1130.6112990.627.40.76.214.75.817119.520.83428.22441.339.2
Phoenix Mills Ltd.1935.369221.454.11.915.211.15.44593.615.91223.824.335.829
Oberoi Realty Ltd.1759.563975.824.30.910.1149.96304.315.22507.412.772.327.5
Prestige Estates Projects Ltd.145062455.954.80.54.87.31.613195.570.61195.5155.726.4115.9

Runwal Enterprises IPO Reports

IPO NotePDF

Ventura

24 Sept 2026

Runwal Enterprises INFORMATION ON IPO ISSUE

About Runwal Enterprises

Runwal Enterprises was incorporated on February 17, 2016. The company is a recognized real estate developer in Mumbai, engaged in residential, commercial, retail, and educational projects across all segments. (Source: JLL Report)

Object of the Issue

  • Repayment/ pre-payment, in full or in part, of certain outstanding borrowings availed by the company
  • Investment in their material subsidiaries, and 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 and general corporate purposes

Runwal Enterprises - PROMOTERS

Name
Subodh Subhash Runwal

Runwal Enterprises - MANAGEMENT & LEADERSHIP

NameDesignation
Subodh Subhash RunwalChairman & Managing Director
Lucy RoychoudhuryNon-Executive Director
Pradumna KanodiaNon-Executive Director
Mukesh GuptaNon-Executive Independent Director
Sidharath KapurNon-Executive Independent Director
Aparna ChaturvediNon-Executive Independent Director

Runwal Enterprises Book Running Lead Manager

ICICI Securities Limited

runwal.ipo@icicisecurities.com

Jefferies India Private Limited

runwal.enterprises.ipo@jefferies.com

Runwal Enterprises Registrar to the Offer

MUFG Intime India Private Limited

runwalenterprises.ipo@in.mpms.mufg.com

Runwal Enterprises Strengths

Well-established brand

For over a decade, the company, promoted by Subodh Subhash Runwal, has built on the legacy of the “Runwal Group,” active in real estate since 1978, delivering landmark projects like Runwal Bliss, Runwal Gardens, and Runwal My City. (Source: JLL Report)

Strength

Robust pipeline of ongoing & upcoming projects

As of September 30, 2024, the company has Ongoing Projects with a total Developable Area of 17.39 million sq. ft. and Upcoming Projects of 28.92 million sq. ft., offering strong visibility of future cash flows

Strength

Integrated township development

The company specializes in developing large integrated township projects that combine residential, educational, commercial, and recreational spaces, meeting the rising demand for holistic living in metro areas

Strength

Runwal Enterprises Risks

Land acquiriing risks

The company's growth depends on its ability to identify and acquire land with clear titles. Despite due diligence, challenges in securing title guarantees in India pose significant risks to its projects and operations

Risk

Approvals & licenses

Delays or issues in meeting conditions precedent or obtaining/renewing necessary approvals may lead to rescheduling of ongoing or upcoming projects. Additionally, withdrawal of approvals may force the company to halt construction, impacting operations

Risk

Capital intensive

The company’s capital-intensive nature requires substantial funding for land and development. Its operations depend heavily on timely and favorable access to real estate financing, which may not always be assured

Risk

IPO FAQs

  • The promoter of the company is Subodh Subhash Runwal.
  • The category allocation of qualified institutional buyers is 75.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 10.0%.
  • The price band of the IPO is Rs 290.0 - 305.0.
  • The IPO application opens on Sep 25, 2026 and closes on Sep 29, 2026.
  • The minimum lot size for the IPO is 49. The maximum lot size for the IPO is 637.
  • For all category investors, the minimum application amount for this IPO is Rs. 14,210.0, the maximum value for this IPO is Rs 194,285.0.
  • This IPO will be allotted on Sep 30, 2026.
  • The refund will be credited to your account on Oct 01, 2026.
  • The allotted shares will be credited to your demat on Oct 01, 2026.
  • Runwal Enterprises Ltd.’s shares will list on the stock exchanges on Oct 05, 2026.