RE
Runwal Enterprises Limited IPO
Real Estate Developer · Residential & Commercial Spaces · Integrated Townships · Mumbai
📋 Mainline IPO
Fresh Issue Only
NSE, BSE
₹305
Upper Price
₹500.00 Cr
Issue Size
Oct 5, 2026
Listing Date
₹4,375.31 Cr
Market Cap (Pre)
📅 IPO Timetable
All dates tentative🟢
IPO Opens
Friday, 25 September 2026
Bidding starts — apply before close
🔒
IPO Closes
Tuesday, 29 September 2026
Last day to bid — closes at 5:00 PM IST
📊
Basis of Allotment
Wednesday, 30 September 2026
Allotment finalised by registrar
🔄
Refund & Share Credit
Thursday, 1 October 2026
Unallotted funds returned; shares credited to demat
🏷️
Monday, 5 October 2026
Trading begins from 10:00 AM IST
📋 IPO Details
IPO Open Date25 September 2026 (Fri)
IPO Close Date29 September 2026 (Tue)
Listing Date5 October 2026 (Mon)
Face Value₹2 per share
Price Band₹290 to ₹305
Issue Price (Upper Band)₹305 per share
Issue TypeBook Build — Fresh Issue Only
Lot Size49 shares
Employee Discount₹14.00 per share
Total Issue Size1,63,93,442 shares (₹500.00 Cr)
Fresh Issue1,63,93,442 shares (₹500.00 Cr)
Offer for Sale (OFS)0 shares (₹0 Cr)
Pre-Issue Shares13,13,91,436
Post-Issue Shares14,77,84,878
Promoter Holding (Pre)95.16%
Market Cap (Pre-IPO)₹4,375.31 Cr
Listing ExchangeNSE, BSE
Lead ManagerICICI Securities Ltd., Jefferies India Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.
💰 Lot Size & Minimum Investment
At upper price ₹305| Investor Type | Lots | Shares | Amount |
|---|---|---|---|
| Retail — Minimum | 1 | 49 | ₹14,945 |
| Retail — Maximum | 13 | 637 | ₹1,94,285 |
| S-HNI (sNII) — Min | 14 | 686 | ₹2,09,230 |
| S-HNI (sNII) — Max | 66 | 3,234 | ₹9,86,370 |
| B-HNI (bNII) — Min | 67 | 3,283 | ₹10,01,315 |
⚠️ Note: Investors can bid for a minimum of 49 shares and in multiples thereof. Retail individual investors can apply up to ₹2,00,000. Employee discount of ₹14.00 per share is applicable.
👥 Investor Reservation
Allocated portion of Net OfferNot more than 50%
QIB Portion
Not less than 35%
Retail Portion
Not less than 15%
NII Portion
📊 Subscription Status
Loading…
📈 Company Financials
Restated Consolidated · ₹ Crore| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total Assets | 10,254.50 | 8,328.14 | 7,079.74 |
| Total Income | 1,850.79 | 1,050.71 | 2,436.68 |
| PAT | 185.76 | 55.65 | 93.70 |
| EBITDA | 349.81 | 180.11 | 201.73 |
| Net Worth | 768.20 | 455.86 | 372.65 |
| Reserves & Surplus | 819.81 | 460.07 | 426.07 |
| Total Borrowing | 2,909.13 | 2,312.58 | 1,783.65 |
Income Trend
FY 2023–24₹2,436.68 Cr
FY 2024–25₹1,050.71 Cr
FY 2025–26₹1,850.79 Cr
🎯 Key Performance Indicators
24.18%
ROE
FY 2025–26
3.79
Debt/Equity
FY 2025–26
10.04%
PAT Margin
FY 2025–26
18.90%
EBITDA Margin
FY 2025–26
26.69%
RoNW
Mar 31, 2024
1.68%
PAT Margin (Hist)
Mar 31, 2024
9.37x
Price/Book
Mar 31, 2024
32.55
NAV
Mar 31, 2024
⚖️ Valuation & EPS
Pre-IPO EPS
₹7.48
Restated earnings + pre-issue shares
P/E: 40.78xPost-IPO EPS
₹3.19
Restated earnings + post-issue shares
P/E: 95.61xPrice to Book Value
9.37x
At upper price band ₹305
Market Cap (Pre-IPO)
₹4,375.31 Cr
At issue price ₹305
ℹ️
Pre-IPO EPS (₹7.48) based on pre-issue shares (13,13,91,436). Post-IPO EPS (₹3.19) accounts for the dilution resulting from the issuance of 1,63,93,442 fresh equity shares extending the total post-issue equity to 14,77,84,878 shares. Post-IPO Market Cap expands to ₹4,507.44 Cr at the upper issue price of ₹305.
🎯 Objects of the Issue
Net proceeds utilisation1
Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company
₹100.00 Cr
2
Investment in the Material Subsidiaries namely Susneh Infrapark Pvt.Ltd. and Runwal Residency Pvt.Ltd. and Subsidiary namely Evie Real Estate Pvt.Ltd., for repayment/pre-payment, in full or in part, of all or a portion of certain of their outstanding borrowings
₹225.00 Cr
3
Funding acquisitions of future real estate projects and general corporate purposes
Balance
Total Fresh Issue Goal
₹500.00 Cr
🏢 About Runwal Enterprises Ltd.
Est. 2016 · Mumbai, Maharashtra · Integrated Real Estate DevelopmentRunwal Enterprises Limited, incorporated in February 2016, is a prominent real estate developer with a presence across the full spectrum of urban property development in the Mumbai Metropolitan Region (MMR). The company develops residential developments across affordable, mid-income, and luxury segments, complemented by Grade-A commercial spaces, retail shopping malls, and educational institutions.
The business maintains a top-tier market position in Mumbai, ranking third in new launches and overall sales between January 2023 and March 31, 2026. In the eastern suburbs of Mumbai, it ranked first in sales with an approximate market share of 7.88%, while dominating the Kalyan-Dombivli micro-market ranking first in new launches with an 11.41% share. As of March 31, 2026, the company’s project matrix comprises 19 Completed Projects, 28 Ongoing Projects, and 33 Upcoming Projects executed via direct land acquisition and capital-light Joint Development Agreements (JDAs). The organization employs 1,181 permanent personnel managing in-house design, construction management, and procurement.
Brand Ecosystem
🏘️
Residential Portfolio
Broad multi-segment developments spanning affordable, mid-income, and high-end luxury housing.
🏙️
Integrated Townships
Master-planned urban townships integrating schools, commercial towers, retail arcades, and malls.
🏢
Asset-Light Development
Capital-efficient operational execution leveraging strategic Joint Development Agreements (JDAs).
🏗️
Robust Pipeline
Diverse asset profile featuring 19 completed, 28 ongoing, and 33 upcoming projects across the MMR.
Competitive Strengths
🏆Prominent market presence ranking third in Mumbai launches and sales, and first across Eastern Suburbs.
🏗️Robust pipeline consisting of 28 ongoing and 33 upcoming projects ensuring steady long-term revenue visibility.
💰Demonstrated ability to command premium pricing throughout construction phases supported by in-house design.
📈Strong financial acceleration with revenue surging 76% to ₹1,850.79 Cr and PAT expanding 234% in FY26.
Company Promoters
SR
Subodh Subhash Runwal
Promoter, Runwal Enterprises Ltd.
📅 Key Dates
IPO Opens25 Sep 2026
IPO Closes29 Sep 2026
Allotment30 Sep 2026
Refund & Share Credit1 Oct 2026
Listing Day5 Oct 2026
💡 Quick Summary
Price Band₹290 – ₹305
Upper Price₹305 / share
Lot Size49 shares
Min. Investment (Retail)₹14,945
Issue Size₹500.00 Cr
ListingBSE, NSE
🏦 Registrar & Lead Manager
Lead Manager
ICICI Securities Ltd., Jefferies India Pvt.Ltd.
📍 Registered Address
Runwal Enterprises Ltd.
Runwal & Omkar Esquare, 4th floor, Off Eastern Exp Highway,
Opp Sion Chunabhatti signal, Sion-(E),
Mumbai, Maharashtra — 400022
📞 +91 22 6116 2422
[email protected]
Runwal & Omkar Esquare, 4th floor, Off Eastern Exp Highway,
Opp Sion Chunabhatti signal, Sion-(E),
Mumbai, Maharashtra — 400022
📞 +91 22 6116 2422
[email protected]
🛡️ Regulatory Note: Mainline IPO investments are subject to SEBI regulations. Always read the Prospectus/RHP before applying. Consult a SEBI-registered advisor before investing.
⚠️
Disclaimer: This page presents publicly available information from the Runwal Enterprises IPO RHP for informational purposes only. It does not constitute investment advice. IPO investments are subject to market risk. Please read all offer documents and consult a SEBI-registered advisor before investing.
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