Runwal Enterprises

Runwal Enterprises IPO

Upcoming

MainboardOpens 25 September 2026Closes 29 September 2026

Incorporated in 2016, Runwal Enterprises Limited is an integrated real estate development company with a diversified presence across residential, commercial, retail, and institutional real estate segments in the Mumbai…

Show more
Price band
₹290 - ₹305
Issue size
₹499.83 Cr
Lot size
49 shares
Type
Mainboard
GMP
₹37 (+12.1%)
Est. listing
₹342
Est. profit / app
₹1,813
Retail quota
35.00%

Key ratios

As per RHP / filings
Face value
₹2
EPS
12.57
P/E ratio
24.26
RoNW
27.24%
ROE
27.24%
Debt / Equity
3.29
Advertisement

Timeline

  1. IPO Opens

    25 Sept 2026

  2. IPO Closes

    29 Sept 2026

  3. Allotment

    30 Sept 2026

  4. Listing

    5 Oct 2026

IPO Timeline & Listing Details

EventDate
IPO Open Date25 September 2026
IPO Close Date29 September 2026
Allotment Date30 September 2026
Listing Date5 October 2026

Investment Categories

CategoryLotsAmount
Retail (Min)
1₹14,945
Retail (Max)Just less than ₹2,00,000
13₹1,94,285
SHNI (Min)Just above ₹2,00,000
14₹2,09,230
SHNI (Max)Below ₹10,00,000
66₹9,86,370
BHNIAbove ₹10,00,000
67₹10,01,315

IPO Reservation Details

CategoryReservation
QIB (Qualified Institutional Buyer)50.00%
NII (Non-Institutional Investor)15.00%
SHNI (Small Non-Institutional Investor)5.00%
BHNI (Big Non-Institutional Investor)10.00%
Retail35.00%
Total100.00%

IPO Objectives

  • Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company (₹100.00 Cr).
  • 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 of their outstanding borrowings (₹225.00 Cr).
  • Funding acquisitions of future real estate projects and general corporate purposes.

Strengths

  • Integrated real estate development model allowing the company to efficiently execute projects from initiation to completion.
  • Strong brand presence in the Mumbai Metropolitan Region (MMR) with leadership positioning in the Eastern Suburbs and Kalyan-Dombivli micro-markets.
  • Diversified portfolio addressing residential segments (affordable, mid-market, premium), alongside commercial and retail properties.
  • Strategic use of asset-light joint development agreements (JDA) that reduce upfront land acquisition costs and improve capital resilience.

Weaknesses

  • High geographical concentration, with 66.65% of real estate development projects located in Mumbai, heavily exposing the business to regional regulatory changes and economic slowdowns.
  • Significant execution risks as 86.33% of the total developable area remains tied to ongoing and upcoming projects, making them vulnerable to construction delays and cost overruns.
  • Negative cash flows from operating activities across Fiscals 2026, 2025, and 2024 (e.g., -₹1,807.13 million in FY26) due to heavy working capital absorption in real estate development.
  • Elevated leverage with total borrowings at ₹2,909.13 Crore as of FY26, resulting in a high debt-to-equity ratio of 3.29 and creating significant interest servicing burdens.
Advertisement

Financial Performance

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets (₹ Cr.)10,254.58,328.147,079.74
Revenue (₹ Cr.)1,850.791,050.712,436.68
PAT (₹ Cr.)185.7655.6593.7
Net Worth (₹ Cr.)768.2455.86372.65

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Runwal Enterprises4.9724.2627.24%768.2
Kalpataru Ltd.1.3453.722.28%4,078
Prestige Estates Projects3.950.127.35%16,740

Subscription Details

No daily bids available.

No subscription statistics available.

Advertisement

Company Details

  • Runwal Enterprises Limited
  • Runwal & Omkar Esquare, 4th floor, Off: Eastern Exp Highway, Opp Sion Chunabhatti signal, Sion-(E), Mumbai City, Mumbai, Maharashtra, India, 400022
  • +91 22 6116 2422
  • company.secretaries@runwalgroup.in
  • https://www.runwalenterprises.com

Registrar Details

Frequently Asked Questions

What is the primary business of Runwal Enterprises Limited?
Runwal Enterprises Limited is a leading real estate developer with a diverse portfolio encompassing residential, commercial, retail, and institutional developments, predominantly in the Mumbai Metropolitan Region (MMR).
What are the subscription dates for the Runwal Enterprises IPO?
The IPO opens for public subscription on Friday, September 25, 2026, and closes on Tuesday, September 29, 2026 (Anchor bidding is on Thursday, September 24, 2026).
What is the price band and minimum lot size for retail investors?
The price band is set at ₹290.00 to ₹305.00 per equity share. The minimum bid lot size for retail investors is 49 shares, requiring a minimum investment of ₹14,945 at the upper price band.
What is the total issue size of the Runwal Enterprises IPO?
The IPO consists entirely of a Fresh Issue of 1,63,93,442 equity shares aggregating to ₹499.83 Crore at the upper price band, with no Offer for Sale (OFS) component.
When and where are the shares of Runwal Enterprises scheduled to list?
The equity shares are tentatively scheduled to list on the BSE and NSE on Monday, October 5, 2026.

Runwal Enterprises IPO News & Updates

Follow the latest updates for Runwal Enterprises IPO, including grey market moves and allotment news.

Runwal Enterprises IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

Sources

We match Runwal Enterprises IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • MUFG Intime India Private LimitedOfficial site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

Loading comments...