Runwal Enterprises Limited IPO
25 Sept 2026 – 29 Sept 2026
Share Price
- Candle
- 6 Oct
- O
- ₹296
- H
- ₹299.75
- L
- ₹286.55
- C
- ₹290.6
2 trading days since listing · NSE end-of-day prices
Issue Details
- Price Band
- ₹290 – ₹305
- Lot Size
- 49 shares
- Min Investment
- ₹14,945 (1 lot · 49 shares)
- Face Value
- ₹2
- Fresh Issue
- ₹500 Cr (to the company)
- Issue Size
- Initial Public Offering Comprising of Fresh Issue aggregating up to Rs. 5,000 million (including Employee reservation portion aggregating up to Rs. 35 million and Anchor portion of 48,83,605 Equity Shares)
- Registrar
- MUFG Intime India Private Limited ↗
Timetable
GMP History
Latest GMP ₹-5 · Last updated 7 Oct 2026, 11:51 am IST
| Date | GMP | GMP % | Change | Est. Listing | Updated (IST) |
|---|---|---|---|---|---|
| 3 Oct | ₹-5 | -1.6% | — | ₹300 | |
| 2 Oct | ₹-5 | -1.6% | — | ₹300 | |
| 1 Oct | ₹-5 | -1.6% | −₹7 | ₹300 | |
| 30 Sept | ₹2 | +0.7% | −₹1 | ₹307 | |
| 29 Sept | ₹3 | +1.0% | −₹11 | ₹308 | |
| 28 Sept | ₹14 | +4.6% | −₹2 | ₹319 | |
| 27 Sept | ₹16 | +5.2% | +₹1.5 | ₹321 | |
| 26 Sept | ₹14.5 | +4.8% | −₹10.5 | ₹319.5 | |
| 25 Sept | ₹25 | +8.2% | −₹12 | ₹330 | |
| 24 Sept | ₹37 | +12.1% | +₹20 | ₹342 | |
| 23 Sept | ₹17 | +5.6% | — | ₹322 |
Subscription
Category-wise bidding
| Category | Offered | Bid for | Times |
|---|---|---|---|
| QIB | 34,24,13728.3% | 36,23,746 | 1.06x |
| NII / HNI | 25,68,10421.2% | 67,97,917 | 2.65x |
| bNII · bids above ₹10L | 17,12,07014.1% | 46,36,870 | 2.71x |
| sNII · bids ₹2L–₹10L | 8,56,0347.1% | 21,61,047 | 2.52x |
| Retail | 59,92,24249.5% | 49,36,358 | 0.82x |
| Employee | 1,26,8111.0% | 1,12,259 | 0.89x |
Bids received on NSE, as at 29-Sep-2026 19:00:57 IST. The two NII rows are parts of the NII total above them, not additions to it.
Day-wise subscription
| Date | QIB | NII / HNI | Retail | Total |
|---|---|---|---|---|
| 29 Sept | — | — | — | 1.28x |
| 28 Sept | 1.05x | 0.93x | 0.41x | 0.70x |
| 27 Sept | 0.96x | 0.28x | 0.18x | 0.42x |
| 26 Sept | 0.96x | 0.28x | 0.18x | 0.42x |
| 25 Sept | 0.96x | 0.28x | 0.18x | 0.42x |
Financials
All values in ₹ crore
About Runwal Enterprises
Runwal Enterprises Limited is an integrated real estate development company with a diversified presence across residential, commercial, retail, and institutional real estate segments. The company develops residential projects catering to affordable, mid-market, and premium housing categories, while also undertaking commercial developments, shopping malls, and educational infrastructure projects. As of September 30, 2024, the company’s portfolio comprised 15 completed projects, 25 projects under development, and 32 planned projects. Across these developments, the residential portfolio represented a combined Developable Area and Estimated Developable Area of approximately 48.71 million square feet. Between January 2019 and September 2024, Runwal Enterprises Limited established a strong market presence in key Mumbai Metropolitan Region (MMR) micro-markets. In the Eastern Suburbs, the company launched nearly 4,688 residential units and recorded sales of approximately 4,198 units. During the same period, it emerged as the leading developer in the Kalyan-Dombivli market based on both project launches and unit sales, with around 16,043 units launched and approximately 11,481 units sold. Key Business Associations: Banking & Finance Partners: IndusInd Bank Limited, Kotak Mahindra Bank Limited, ICICI Bank Limited, and Piramal Capital & Housing Finance Limited Construction Partner: New Consolidated Construction Company Limited Architectural Consultants: Architect Hafeez Contractor and HBA International Limited Engineering & Technical Consultant: Mahimtura Consultants Private Limited As of September 30, 2024, the company, together with its subsidiaries, employed 791 permanent personnel across its operations.
As published in the company's own offer documents.
Strengths
- Focus on sustainable development.
- Robust pipeline of ongoing and upcoming projects.
- Expertise in developing large integrated townships.
- Well-established brand and strong market presence.
- Prominent residential real estate developer in Mumbai.
- Ability to sell at premium pricing and during construction.
- Strong project execution capabilities with in-house expertise.
- Experienced Promoter, management team and financial partners.
As stated by the company in its prospectus — not our assessment.
The company's own risk factors are not shown here. They run to dozens of pages in the Red Herring Prospectus, under “Risk Factors”, and are worth the read before applying.
Lead Managers
- ICICI Securities
- Jefferies India Private Limited
Offer details
Application sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min)one lot, the smallest bid allowed | 1 | 49 | ₹14,945 |
| Retail (max)most that stays under ₹2L | 13 | 637 | ₹1,94,285 |
| S-HNI (min)first bid over ₹2L | 14 | 686 | ₹2,09,230 |
| S-HNI (max)most that stays under ₹10L | 66 | 3,234 | ₹9,86,370 |
| B-HNI (min)first bid over ₹10L | 67 | 3,283 | ₹10,01,315 |
Priced at the top of the band, which is what a cut-off bid pays. Retail ends at ₹2,00,000 and S-HNI at ₹10,00,000; these are SEBI's limits, not the issuer's.
Issue mechanics
- Issue Type
- Book Building
- Discount
- Discount of Rs. 14 per equity share is being offered to Eligible Employees bidding in the Employee Reservation Portion
- Minimum Order
- 49 Equity Shares
- Categories
- FI, IC, MF, FII, OTH, CO, IND, NOH and EMP
- UPI Eligible
- IND and EMP (upto 5 Lakhs)
- Max Bid (Retail)
- Rs. 2,00,000
- Max Bid (QIB)
- 1,19,84,469 Equity Shares in multiple of 49 Equity Shares (Calculated at Lower end price band)
- Max Bid (NII)
- 8,560,300 Equity Shares in multiple of 49 Equity Shares (Calculated at Lower end price band)
- Tick Size
- Re. 1
- Bidding Hours
- 10.00 a.m. to 5.00 p.m.
- UPI Mandate Cut-off
- 29-Sep-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability
- Sponsor Bank
- HDFC Bank Limited and ICICI Bank Limited
Registrar
- Name
- MUFG Intime India Private Limited
- Address
- C-101, Embassy, 247 L.B.S. Marg, Vikhroli (West) Mumbai 400 083 Maharashtra, India
- Contact
- Shanti Gopalkrishna , +91 810 811 4949, runwalenterprises.ipo@in.mpms.mufg.com
Documents
- Red Herring ProspectusThe full offer documentPDF
- Basis of Issue PriceHow the band was arrived atPDF
- Anchor AllocationWho was allotted before the issue openedPDF
- Application FormThe blank ASBA form, as filedPDF
- Bidding CentresWhere a physical form can be handed inPDF
- Security ParametersTick size, lot and limits as filed with the exchangePDF
- Security Parameters (post-anchor)The same, restated after the anchor book closedPDF
Published by NSE as ZIP archives; opened here as the PDF inside.
Collected from NSE and public sources. Always confirm against the prospectus before applying.
Frequently Asked Questions
What is the GMP of Runwal Enterprises Limited IPO today?
The latest grey market premium for Runwal Enterprises Limited IPO is ₹-5. GMP is unofficial and indicative only — it is not a guarantee of listing price.
What is the price band of Runwal Enterprises Limited IPO?
The price band is ₹290 – ₹305, with a lot size of 49 shares. The minimum investment is ₹14,945.
When does Runwal Enterprises Limited IPO open and close?
The issue opens on 25 Sept 2026 and closes on 29 Sept 2026. Listing is expected on 5 Oct 2026.
Who is the registrar for Runwal Enterprises Limited IPO?
MUFG Intime India Private Limited is the registrar. Allotment status can be checked on the registrar's website once allotment is finalised.