{"id":260227,"date":"2026-09-22T09:15:44","date_gmt":"2026-09-22T03:45:44","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=260227"},"modified":"2026-09-22T09:15:44","modified_gmt":"2026-09-22T03:45:44","slug":"runwal-enterprises-initial-public-offering-review","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/","title":{"rendered":"Runwal Enterprises IPO Review: Key Details, Company Overview and Financials"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Runwal Enterprises IPO price band Rs 290 to Rs 305. Opens 25 Sep, closes 29 Sep 2026. Issue size Rs 500 Cr. Lists 5 Oct on BSE, NSE.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Runwal Enterprises IPO is a Rs 500 crore bookbuilding issue priced between Rs 290 and Rs 305 per share, open for bidding from 25 to 29 September 2026. The Mumbai based real estate developer, part of the Runwal Group with roots dating to 1978, is raising the entire issue as a fresh issue, with no offer for sale. Shares are proposed to list on BSE and NSE around 5 October 2026.<\/p>\n<\/p><\/div>\n<p>The Runwal Enterprises IPO is a bookbuilding issue of 1,63,93,442 equity shares, aggregating up to Rs 500 crore, consisting entirely of a fresh issue with no offer for sale component. The IPO will open for subscription on 25 September 2026 and close on 29 September 2026. The allotment is expected to be finalised on 30 September 2026, while the shares are proposed to list on both BSE and NSE around 5 October 2026.<\/p>\n<p>The Runwal Enterprises IPO price band is set at Rs 290 to Rs 305 per share, with a lot size of 49 shares. Retail investors must apply for a minimum of 49 shares, requiring an investment of Rs 14,945 at the upper price band.<\/p>\n<p>ICICI Securities Ltd. and Jefferies India Pvt. Ltd. are the book-running lead managers for the Runwal Enterprises IPO, while MUFG Intime India Pvt. Ltd. is the registrar to the issue.<\/p>\n<p>For detailed information on the company&#8217;s business, financials, risk factors and the proposed utilisation of proceeds, investors should refer to the Runwal Enterprises IPO Red Herring Prospectus (RHP) before making an investment decision.<\/p>\n<p style=\"margin-top:24px;\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/#Company_Overview\" title=\"Company Overview\">Company Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/#IPO_Details\" title=\"IPO Details\">IPO Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/#Industry_Context\" title=\"Industry Context\">Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/#Business_Strengths\" title=\"Business Strengths\">Business Strengths<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/#Business_Risks\" title=\"Business Risks\">Business Risks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/#Financial_Performance\" title=\"Financial Performance\">Financial Performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/#Runwal_Enterprises_Ltd_%E2%80%93_Financials_Rs_in_Lakh\" title=\"Runwal Enterprises Ltd. &#8211; Financials (Rs in Lakh)\">Runwal Enterprises Ltd. &#8211; Financials (Rs in Lakh)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/#Key_Ratios_and_Metrics\" title=\"Key Ratios and Metrics\">Key Ratios and Metrics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/#Objects_of_the_Offer\" title=\"Objects of the Offer\">Objects of the Offer<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/#What_are_the_Runwal_Enterprises_IPO_dates_and_when_will_it_list\" title=\"What are the Runwal Enterprises IPO dates, and when will it list?\">What are the Runwal Enterprises IPO dates, and when will it list?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/#What_is_the_price_band_and_minimum_investment_for_the_Runwal_Enterprises_IPO\" title=\"What is the price band and minimum investment for the Runwal Enterprises IPO?\">What is the price band and minimum investment for the Runwal Enterprises IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/#What_does_Runwal_Enterprises_Limited_actually_do\" title=\"What does Runwal Enterprises Limited actually do?\">What does Runwal Enterprises Limited actually do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/#Is_the_Runwal_Enterprises_IPO_a_fresh_issue_or_does_it_include_an_offer_for_sale\" title=\"Is the Runwal Enterprises IPO a fresh issue or does it include an offer for sale?\">Is the Runwal Enterprises IPO a fresh issue or does it include an offer for sale?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/#How_large_is_Runwal_Enterprises_market_position_and_project_portfolio\" title=\"How large is Runwal Enterprises&#8217; market position and project portfolio?\">How large is Runwal Enterprises&#8217; market position and project portfolio?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/#How_will_Runwal_Enterprises_use_the_proceeds_from_its_fresh_issue\" title=\"How will Runwal Enterprises use the proceeds from its fresh issue?\">How will Runwal Enterprises use the proceeds from its fresh issue?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/#What_are_the_main_risks_or_concerns_flagged_for_the_Runwal_Enterprises_IPO\" title=\"What are the main risks or concerns flagged for the Runwal Enterprises IPO?\">What are the main risks or concerns flagged for the Runwal Enterprises IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/#Who_are_the_lead_managers_and_registrar_for_the_Runwal_Enterprises_IPO\" title=\"Who are the lead managers and registrar for the Runwal Enterprises IPO?\">Who are the lead managers and registrar for the Runwal Enterprises IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/runwal-enterprises-initial-public-offering-review\/#Is_the_Runwal_Enterprises_IPO_a_good_investment\" title=\"Is the Runwal Enterprises IPO a good investment?\">Is the Runwal Enterprises IPO a good investment?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Company_Overview\"><\/span><strong>Company Overview<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Originally incorporated as Propel Developers Private Limited in February 2016 and renamed through Runwal Apartments before becoming Runwal Enterprises Limited, the company is a real estate developer present across the full spectrum of real estate development, specialising in residential projects catering to affordable, mid-income and luxury segments, as well as commercial spaces, retail malls and educational buildings. The company and Group are promoted by Subodh Subhash Runwal, building on the legacy of the Runwal Group brand, which has been prominent in Indian real estate since 1978.<\/p>\n<p>As of 30 September 2024, Runwal Enterprises ranked second in terms of new launches and sales among developers in its market, with approximate shares of 5.69 percent and 5.25 percent respectively between January 2019 and September 2024. The company has completed 10 residential projects in the last 15 years within Mumbai, comprising 10.73 million square feet of developable area, and maintains a strong presence in the Mumbai metropolitan region.<\/p>\n<p><em>Read on for the complete Runwal Enterprises IPO details, including price band, lot size, listing timeline and the company&#8217;s financial track record.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"IPO_Details\"><\/span><strong>IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\" style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"background:#1F4E79;color:#fff;text-align:left;\">Particulars<\/th>\n<th style=\"background:#1F4E79;color:#fff;text-align:left;\">Details<\/th>\n<\/tr>\n<tr>\n<td>IPO Date<\/td>\n<td>25 to 29 September 2026<\/td>\n<\/tr>\n<tr>\n<td>Allotment<\/td>\n<td>Wed, 30 September 2026<\/td>\n<\/tr>\n<tr>\n<td>Listing Date<\/td>\n<td>Mon, 5 October 2026 (tentative)<\/td>\n<\/tr>\n<tr>\n<td>Face Value<\/td>\n<td>Rs 2 per share<\/td>\n<\/tr>\n<tr>\n<td>Price Band<\/td>\n<td>Rs 290 to Rs 305<\/td>\n<\/tr>\n<tr>\n<td>Lot Size<\/td>\n<td>49 Shares<\/td>\n<\/tr>\n<tr>\n<td>Issue Type<\/td>\n<td>Bookbuilding IPO<\/td>\n<\/tr>\n<tr>\n<td>Sale Type<\/td>\n<td>Fresh Issue only (no OFS)<\/td>\n<\/tr>\n<tr>\n<td>Total Issue Size<\/td>\n<td>1,63,93,442 shares (agg. up to Rs 500 Cr)<\/td>\n<\/tr>\n<tr>\n<td>Fresh Issue<\/td>\n<td>1,63,93,442 shares (agg. up to Rs 500 Cr)<\/td>\n<\/tr>\n<tr>\n<td>Offer for Sale<\/td>\n<td>Nil<\/td>\n<\/tr>\n<tr>\n<td>Listing Exchange<\/td>\n<td>BSE, NSE<\/td>\n<\/tr>\n<\/table>\n<p><em>(Compiled from the RHP\/DRHP and market updates)<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Industry_Context\"><\/span><strong>Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Mumbai&#8217;s real estate market remains one of India&#8217;s largest and most closely watched, with developers competing across affordable, mid-income and luxury residential segments alongside commercial and retail projects.<\/li>\n<li>Established, branded developers with long operating histories and consistent project delivery track records tend to command stronger customer trust and pricing power than newer or smaller players.<\/li>\n<li>Integrated real estate groups that combine residential, commercial, retail and educational developments can better diversify revenue across different demand cycles compared with single-segment developers.<\/li>\n<li>The real estate development business is capital and working-capital intensive, with revenue recognition often tied to construction milestones, making balance sheet strength and access to capital important competitive factors.<\/li>\n<li>India&#8217;s residential real estate sector has seen renewed demand momentum in recent years, supported by rising incomes, urbanisation, and improved developer balance sheets following industry consolidation.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Business_Strengths\"><\/span><strong>Business Strengths<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Here are the key strengths investors evaluating the Runwal Enterprises IPO should weigh:<\/p>\n<ul>\n<li>A recognised, established brand as part of the Runwal Group, with roots in Indian real estate dating back to 1978 and a strong presence in the Mumbai metropolitan region.<\/li>\n<li>A leading market position, ranking second in new launches and sales in its market between January 2019 and September 2024, with market shares of 5.69 percent and 5.25 percent respectively.<\/li>\n<li>A diversified portfolio spanning affordable, mid-income and luxury residential projects, alongside commercial spaces, retail malls and educational buildings.<\/li>\n<li>A track record of timely project delivery, having completed 10 residential projects covering 10.73 million square feet of developable area over the last 15 years, with the entire IPO structured as a fresh issue to fund further growth.<\/li>\n<\/ul>\n<p style=\"margin-top:24px;\"><strong>Screen real estate and residential construction stocks on the Univest Screener<\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Business_Risks\"><\/span><strong>Business Risks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Alongside these strengths, the Runwal Enterprises IPO also carries the following business risks:<\/p>\n<ul>\n<li>Real estate development is inherently capital intensive and cyclical, with revenue and profitability sensitive to project execution timelines, construction costs and broader property market conditions.<\/li>\n<li>The company&#8217;s operations are concentrated in the Mumbai metropolitan region, exposing it to any regional slowdown in property demand or pricing.<\/li>\n<li>A significant share of the fresh issue proceeds is earmarked for repaying borrowings, including at the subsidiary level, indicating a meaningful existing debt position.<\/li>\n<li>Real estate projects can face delays from regulatory approvals, land acquisition challenges and construction execution risk.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Financial_Performance\"><\/span><strong>Financial Performance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Detailed multi-year revenue and profit figures for Runwal Enterprises were not separately itemised in the sources used for this review. Investors should refer to the official RHP for the complete, audited three-year restated financial statements before making an investment decision.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Runwal_Enterprises_Ltd_%E2%80%93_Financials_Rs_in_Lakh\"><\/span><strong>Runwal Enterprises Ltd. &#8211; Financials (Rs in Lakh)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\" style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"background:#1F4E79;color:#fff;text-align:left;\">Particulars<\/th>\n<th style=\"background:#1F4E79;color:#fff;text-align:left;\">Status<\/th>\n<\/tr>\n<tr>\n<td>Revenue, PAT, EBITDA (absolute figures)<\/td>\n<td>Refer to RHP for complete restated financial statements<\/td>\n<\/tr>\n<\/table>\n<p><em>Detailed absolute revenue and profit figures for Runwal Enterprises were not separately available in the sources used for this review. Investors should refer to the official RHP for the complete, audited three-year restated financial statements before making an investment decision.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Ratios_and_Metrics\"><\/span><strong>Key Ratios and Metrics<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Detailed valuation ratios such as P\/E, ROE and ROCE for the Runwal Enterprises IPO were not fully available in the sources used for this review. Investors should refer to the RHP for the complete financial and valuation metrics.<\/p>\n<p><em>These ratios offer a quick snapshot of how the Runwal Enterprises IPO is priced relative to the company&#8217;s profitability and net worth.<\/em><\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\" style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"background:#1F4E79;color:#fff;text-align:left;\">KPI (As of 30 Sep 2024 (market share data))<\/th>\n<th style=\"background:#1F4E79;color:#fff;text-align:left;\">Value<\/th>\n<\/tr>\n<tr>\n<td>Price Band<\/td>\n<td>Rs 290 to Rs 305<\/td>\n<\/tr>\n<tr>\n<td>Market Share by New Launches (Jan 2019-Sep 2024)<\/td>\n<td>~5.69%<\/td>\n<\/tr>\n<tr>\n<td>Market Share by Sales (Jan 2019-Sep 2024)<\/td>\n<td>~5.25%<\/td>\n<\/tr>\n<tr>\n<td>Completed Projects (last 15 years)<\/td>\n<td>10 (10.73 million sq ft)<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Objects_of_the_Offer\"><\/span><strong>Objects of the Offer<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The company proposes to utilise the net proceeds from the Runwal Enterprises IPO towards the following objects.<\/p>\n<ul>\n<li>Repayment or prepayment, in full or part, of certain outstanding borrowings availed by the company<\/li>\n<li>Investment in material subsidiaries Susneh Infrapark Private Limited and Runwal Residency Private Limited, and subsidiary Evie Real Estate Private Limited, for repayment or prepayment of their outstanding borrowings<\/li>\n<li>Funding acquisitions of future real estate projects and general corporate purposes<\/li>\n<\/ul>\n<p style=\"margin-top:24px;\"><em>Download the Univest iOS App or Univest Android App to track the Runwal Enterprises IPO and get daily stock recommendations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><em>Here is the bottom line on the Runwal Enterprises IPO.<\/em><\/p>\n<p>The Runwal Enterprises IPO reflects an established, recognised Mumbai real estate developer with a leading market position, a diversified project portfolio, and a track record of timely delivery, entirely funded through a fresh issue.<\/p>\n<p>However, the capital-intensive and cyclical nature of real estate development, geographic concentration in Mumbai, a meaningful existing debt position being addressed through the issue, and typical project execution risk are factors that could affect the investment case for the Runwal Enterprises IPO.<\/p>\n<p>Overall, investors weighing the Runwal Enterprises IPO should evaluate the company&#8217;s business model, financial performance, industry outlook, competitive positioning, valuation and risk factors in detail, and carefully review the Red Herring Prospectus (RHP) before making an informed investment decision.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data independently before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<p>Univest does not publish grey market premium figures. Grey market premium is an unofficial and unregulated indicator collected informally outside the stock exchanges. It is not published, verified or endorsed by SEBI, NSE or BSE, can vary widely between trackers, and is not always accurate.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_Runwal_Enterprises_IPO_dates_and_when_will_it_list\"><\/span><strong>What are the Runwal Enterprises IPO dates, and when will it list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Runwal Enterprises IPO opens for subscription on 25 September 2026 and closes on 29 September 2026. The allotment is expected to be finalised on 30 September 2026, and the shares are tentatively scheduled to list on both BSE and NSE around 5 October 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_price_band_and_minimum_investment_for_the_Runwal_Enterprises_IPO\"><\/span><strong>What is the price band and minimum investment for the Runwal Enterprises IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The price band for the Runwal Enterprises IPO is set at Rs 290 to Rs 305 per equity share, with a lot size of 49 shares. Retail investors must apply for a minimum of one lot, which costs Rs 14,945 at the upper price band.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Runwal_Enterprises_Limited_actually_do\"><\/span><strong>What does Runwal Enterprises Limited actually do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Runwal Enterprises is a real estate developer present across the full spectrum of development, specialising in residential projects catering to affordable, mid-income and luxury segments, along with commercial spaces, retail malls and educational buildings. The company is part of the Runwal Group, promoted by Subodh Subhash Runwal, with roots in Indian real estate dating back to 1978 and a strong presence in the Mumbai metropolitan region.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Runwal_Enterprises_IPO_a_fresh_issue_or_does_it_include_an_offer_for_sale\"><\/span><strong>Is the Runwal Enterprises IPO a fresh issue or does it include an offer for sale?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The entire Rs 500 crore Runwal Enterprises IPO is structured as a fresh issue of 1,63,93,442 equity shares, with no offer for sale component. This means, subject to issue expenses, all proceeds raised will flow into the company rather than providing an exit for existing shareholders.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_large_is_Runwal_Enterprises_market_position_and_project_portfolio\"><\/span><strong>How large is Runwal Enterprises&#8217; market position and project portfolio?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 30 September 2024, Runwal Enterprises ranked second in terms of new launches and sales in its market, with approximate shares of 5.69 percent and 5.25 percent respectively between January 2019 and September 2024. The company has completed 10 residential projects in the last 15 years within Mumbai, comprising 10.73 million square feet of developable area, reflecting an established track record of project delivery.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_will_Runwal_Enterprises_use_the_proceeds_from_its_fresh_issue\"><\/span><strong>How will Runwal Enterprises use the proceeds from its fresh issue?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The company plans to use a significant share of the proceeds for repayment or prepayment of certain outstanding borrowings, both at the company level and through investment in material subsidiaries Susneh Infrapark Private Limited and Runwal Residency Private Limited, and subsidiary Evie Real Estate Private Limited, to help those entities repay their own borrowings. The remaining proceeds are earmarked for funding acquisitions of future real estate projects and general corporate purposes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_or_concerns_flagged_for_the_Runwal_Enterprises_IPO\"><\/span><strong>What are the main risks or concerns flagged for the Runwal Enterprises IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Real estate development is inherently capital intensive and cyclical, with revenue and profitability sensitive to project execution timelines, construction costs and broader property market conditions, and Runwal Enterprises&#8217; operations are concentrated in the Mumbai metropolitan region, exposing it to any regional slowdown. A significant share of the fresh issue proceeds is earmarked for debt repayment, including at the subsidiary level, indicating a meaningful existing debt position, and real estate projects more broadly can face delays from regulatory approvals, land acquisition challenges and construction execution risk.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_are_the_lead_managers_and_registrar_for_the_Runwal_Enterprises_IPO\"><\/span><strong>Who are the lead managers and registrar for the Runwal Enterprises IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ICICI Securities Ltd. and Jefferies India Pvt. Ltd. are jointly serving as the book-running lead managers for the Runwal Enterprises IPO. MUFG Intime India Pvt. Ltd. is the registrar to the issue and will handle the allotment process and crediting of shares to successful applicants&#8217; demat accounts.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Runwal_Enterprises_IPO_a_good_investment\"><\/span><strong>Is the Runwal Enterprises IPO a good investment?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Runwal Enterprises offers exposure to an established, recognised Mumbai real estate developer with a leading market position and a diversified project portfolio, which are genuine positives for investors interested in the real estate sector. At the same time, the capital-intensive nature of real estate development, geographic concentration, and the debt repayment focus of fund usage are factors that call for careful evaluation. As always, investors should study the RHP in detail and assess their own risk appetite before applying.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are the Runwal Enterprises IPO dates, and when will it list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Runwal Enterprises IPO opens for subscription on 25 September 2026 and closes on 29 September 2026. The allotment is expected to be finalised on 30 September 2026, and the shares are tentatively scheduled to list on both BSE and NSE around 5 October 2026.\"}},{\"@type\":\"Question\",\"name\":\"What is the price band and minimum investment for the Runwal Enterprises IPO?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The price band for the Runwal Enterprises IPO is set at Rs 290 to Rs 305 per equity share, with a lot size of 49 shares. Retail investors must apply for a minimum of one lot, which costs Rs 14,945 at the upper price band.\"}},{\"@type\":\"Question\",\"name\":\"What does Runwal Enterprises Limited actually do?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Runwal Enterprises is a real estate developer present across the full spectrum of development, specialising in residential projects catering to affordable, mid-income and luxury segments, along with commercial spaces, retail malls and educational buildings. 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A significant share of the fresh issue proceeds is earmarked for debt repayment, including at the subsidiary level, indicating a meaningful existing debt position, and real estate projects more broadly can face delays from regulatory approvals, land acquisition challenges and construction execution risk.\"}},{\"@type\":\"Question\",\"name\":\"Who are the lead managers and registrar for the Runwal Enterprises IPO?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"ICICI Securities Ltd. and Jefferies India Pvt. Ltd. are jointly serving as the book-running lead managers for the Runwal Enterprises IPO. MUFG Intime India Pvt. Ltd. is the registrar to the issue and will handle the allotment process and crediting of shares to successful applicants' demat accounts.\"}},{\"@type\":\"Question\",\"name\":\"Is the Runwal Enterprises IPO a good investment?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Runwal Enterprises offers exposure to an established, recognised Mumbai real estate developer with a leading market position and a diversified project portfolio, which are genuine positives for investors interested in the real estate sector. At the same time, the capital-intensive nature of real estate development, geographic concentration, and the debt repayment focus of fund usage are factors that call for careful evaluation. 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The Mumbai based real estate developer, part of the Runwal Group with roots dating to 1978, is raising the entire issue as a<\/p>\n","protected":false},"author":29,"featured_media":260226,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[5351],"class_list":["post-260227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-mainboard-ipo"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["260226"],"rank_math_title":["Runwal Enterprises IPO 2026: Price and Review"],"rank_math_description":["Runwal Enterprises IPO opens 25 to 29 September 2026 at Rs 290 to Rs 305. 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