Runwal Enterprises IPO
Runwal Enterprises IPO is a mainboard book-building public issue with a total issue size of approximately ₹500 Crore.
The IPO will open for subscription on 25 September 2026 and close on 29 September 2026. The shares are proposed to be listed on NSE and BSE.
Runwal Enterprises IPO Details
Runwal Enterprises Limited is entering the primary market with a mainboard book-built IPO consisting entirely of a fresh issue. The company is a Mumbai-focused real-estate developer active across residential, commercial, retail and educational projects.
| Particulars | Details |
|---|---|
| IPO Open Date | 25 September 2026 |
| IPO Close Date | 29 September 2026 |
| IPO Size | ₹500 Crore |
| Price Band | ₹290 to ₹305 per share |
| Face Value | ₹2 per share |
| Lot Size | 49 Shares |
| Issue Type | Book Building |
| Issue Structure | Fresh Issue Only |
| Listing Exchange | NSE and BSE |
| Tentative Listing Date | 5 October 2026 |
| Registrar | MUFG Intime India Pvt. Ltd. |
| Lead Managers | ICICI Securities Ltd. and Jefferies India Pvt. Ltd. |
Runwal Enterprises IPO Issue Size
| Issue Component | Shares | Approx. Amount |
|---|---|---|
| Total Issue | Approximately 1.64 Crore | ₹500.00 Cr |
| Fresh Issue | Approximately 1.64 Crore | ₹500.00 Cr |
| Offer for Sale | Nil | Nil |
Runwal Enterprises IPO Timeline
| Event | Date |
|---|---|
| IPO Opens | Friday, 25 September 2026 |
| IPO Closes | Tuesday, 29 September 2026 |
| Allotment | Wednesday, 30 September 2026 |
| Refund / Unblocking | Thursday, 1 October 2026 |
| Shares Credited to Demat | Thursday, 1 October 2026 |
| Listing | Monday, 5 October 2026 |
Runwal Enterprises IPO IPO Reservation
The issue provides for not more than 50% of the net issue for QIBs, not less than 15% for NIIs and not less than 35% for retail investors. An employee reservation component is also disclosed in the issue terms.
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Not more than 50% |
| Non-Institutional Investors (NII) | Not less than 15% |
| Retail Individual Investors | Not less than 35% |
| Employee Reservation | Up to ₹3.50 Crore, subject to issue terms |
Runwal Enterprises IPO Lot Size
Investors can bid for a minimum of 49 shares and thereafter in multiples of the specified lot size.
| Investor Category | Lots | Shares | Investment at Upper Band |
|---|---|---|---|
| Retail Minimum | 1 | 49 | ₹14,945 |
| Retail Maximum | 13 | 637 | ₹1,94,285 |
| S-HNI Minimum | 14 | 686 | ₹2,09,230 |
| S-HNI Maximum | 66 | 3,234 | ₹9,86,370 |
| B-HNI Minimum | 67 | 3,283 | ₹10,01,315 |
About Runwal Enterprises Ltd.
Runwal Enterprises is a Mumbai-focused real-estate developer associated with the Runwal Group. Its portfolio spans affordable, mid-income and luxury residential projects, as well as commercial spaces, retail malls and educational buildings.
As of 31 March 2026, the group disclosed a substantial pipeline of completed, ongoing and upcoming projects across the Mumbai Metropolitan Region.
Runwal Enterprises IPO Business Strengths
- Established presence in the Mumbai real-estate market.
- Exposure across affordable, mid-income and luxury residential segments.
- Additional presence in commercial, retail and educational real estate.
- Large ongoing and upcoming project pipeline.
- FY2026 revenue and PAT increased significantly from FY2025.
Runwal Enterprises IPO Objects of the Issue
The company proposes to use the fresh issue proceeds mainly for repayment or prepayment of borrowings at the company and certain subsidiaries, along with funding future real-estate project acquisitions and general corporate purposes.
| Use of Funds | Amount |
|---|---|
| Company borrowings repayment / prepayment | ₹200 Cr |
| Borrowings of specified material/subsidiary companies | ₹300 Cr / as specified in RHP |
| Future project acquisitions and general corporate purposes | Balance Amount |
Runwal Enterprises IPO Financial Performance
Runwal Enterprises reported revenue from operations of about ₹1,798.95 crore and PAT of ₹185.76 crore in FY2026, compared with revenue of ₹1,007.77 crore and PAT of ₹55.65 crore in FY2025.
| Particulars (₹ Crore) | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue from Operations | 2,408.87 | 1,007.77 | 1,798.95 |
| PAT | 93.70 | 55.65 | 185.76 |
| EBITDA | 201.73 | 180.11 | 349.81 |
| Net Worth | 372.65 | 455.86 | 768.20 |
Runwal Enterprises IPO Potential Positives and Key Risks
Potential Positives
- Established real-estate brand and Mumbai-focused development platform.
- Portfolio spans multiple residential segments and other property categories.
- Large ongoing and upcoming project pipeline.
- FY2026 revenue and profitability increased compared with FY2025.
- Fresh issue proceeds are proposed to reduce borrowings and support future projects.
Key Risks
- Real-estate demand and property prices are cyclical and sensitive to interest rates and economic conditions.
- Construction delays, approval delays and contractor issues can affect project timelines.
- The business requires significant working capital and is exposed to borrowing costs.
- Competition among Mumbai developers can affect land acquisition, pricing and sales.
- Project execution, regulatory approvals and construction-cost inflation can affect profitability.
Runwal Enterprises IPO Registrar & Lead Managers
IPO Registrar: MUFG Intime India Pvt. Ltd.
Book Running Lead Managers:
- ICICI Securities Ltd.
- Jefferies India Pvt. Ltd.
Runwal Enterprises Ltd. Contact Details
Note: The contact details should be checked against the company’s latest RHP and investor-relations disclosures before publication.
Runwal Enterprises IPO Quick Summary
Runwal Enterprises IPO opens on 25 September 2026 and closes on 29 September 2026, with a price band of ₹290 – ₹305 and a minimum lot size of 49 shares.
The total issue size is approximately ₹500 Crore. The issue structure is 100% Fresh Issue.
Investors should review the company’s RHP, financial statements, risk factors and official exchange/registrar updates before making any investment decision.
Runwal Enterprises IPO FAQs
Disclaimer
This IPO information is provided solely for educational and informational purposes. IPO investments are subject to market risks, and actual listing performance may differ from expectations. Grey market premium (GMP), where mentioned on linked pages, is unofficial and may change. Investors should carefully review the company’s RHP, financial statements, risk factors and other official disclosures before making any investment decision. TradingMinds does not provide investment advice or guarantee IPO listing gains.
