Runwal Enterprises Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹290 - ₹305
- Lot size
- 49 shares
- Issue amount
- ₹500 cr
- Total subscription
- 2.63×
- Opens
- 25 Sept 2026
- Closes
- 29 Sept 2026
- Allotment
- 30 Sept 2026
- Listing
- 5 Oct 2026
Offer at a glance
Issue overview
- Issue size
- 1,63,98,962 shares
- Face value
- ₹2 per share
- Minimum investment
- ₹14,210
- Fresh issue
- ₹500 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,945
- Issue type
- Bookbuilding IPO
- Shares before issue
- 13,13,91,436
- Shares after issue
- 14,77,84,878
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 49 | ₹14,945 |
| sHNI | 14 | 686 | ₹2,09,230 |
| bHNI | 67 | 3,283 | ₹10,01,315 |
Share reservation
Subscription & GMP
Subscription by category
Reported 29 Sept 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 1,16,276 | 1,05,170 |
| EMPLOYEES | 0 | 1,214 |
| HNIs(10L +) | 2,373 | 1,443 |
| HNIs (2-10L) | 1,186 | 3,707 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 99.3 | 406.64 |
| RETAIL | 173.77 | 205.42 |
| NIB | 74.47 | 308.3 |
| HNIs 2+ | 24.82 | 81.35 |
| HNIs 10+ | 49.65 | 226.96 |
| EMPLOYEES | 3.67 | 4.38 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 16.74 | 6.27 | 6.04 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | 27.24 | 17.2 | 20.26 |
| PRE IPO(PE) | 21.57 | 0 | 0 |
| POST IPO(PE) | 24.26 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Runwal Enterprises Limited | 40.78 | 305.00 | 2.00 | 61.43 | 27.24 | 16.74 |
| Oberoi Realty Limited | 25.88 | 1785.00 | 10.00 | 492.89 | 13.99 | 68.96 |
| Lodha Developers Limited | 33.42 | 1144.70 | 10.00 | 233.11 | 14.73 | 34.34 |
| Godrej Properties Limited | 27.53 | 1691.10 | 5.00 | 635.96 | 9.61 | 61.43 |
| Sunteck Realty Limited | 21.09 | 294.05 | 1.00 | 245.92 | 5.60 | 13.94 |
| Keystone Realtors Limited | 56.96 | 353.75 | 10.00 | 226.82 | 3.32 | 6.25 |
| Prestige Estates Projects Limited | 51.70 | 1435.10 | 10.00 | 377.80 | 8.02 | 27.76 |
| Kalpataru Limited | 57.66 | 274.45 | 10.00 | 199.91 | 1.94 | 4.76 |
Company information
Company profile
Runwal Enterprises Limited, incorporated in 2016, is a real estate developer involved in a wide range of development activities, with a strong focus on residential projects across affordable, mid-segment and luxury categories, along with commercial properties, retail malls and educational establishments. As of September 30, 2024, the Company had completed 15 projects, 25 projects under construction and 32 projects planned for future development. Its completed, ongoing and upcoming residential projects together represented approximately 48.71 million square feet of Developable Area and Estimated Developable Area. Between January 2019 and September 2024, Runwal Enterprises launched approximately 4,688 residential units and sold around 4,198 units in the Eastern Suburbs sub-market. During the same period, in the Kalyan-Dombivli sub-market, the Company launched approximately 16,043 units and sold around 11,481 units. As of September 30, 2024, Runwal Enterprises Limited and its subsidiaries had 791 permanent employees.
Strengths
- Residential Real Estate Focus: Runwal Enterprises Limited is principally engaged in developing residential real estate projects, giving it a focused presence in the housing market.
- Established Runwal Group Presence: The company operates within the Runwal Group ecosystem, providing access to established industry experience, project capabilities, and business relationships in real estate.
- Expansion Through Project Acquisitions: The company plans to use IPO proceeds for investments in subsidiaries, repayment of borrowings, and funding acquisitions of future real estate projects, supporting potential expansion.
Risk factors
- Real Estate Market Dependence: Business performance is closely linked to demand for residential properties, property prices, economic conditions, and consumer purchasing capacity.
- High Debt & Funding Requirements: Real estate development requires substantial capital, and borrowings or funding requirements may increase financial costs and affect cash flows.
- Project Execution Risks: Delays in approvals, construction, regulatory clearances, or project completion could increase costs, affect cash flows, and delay revenue recognition.
Promoters
Subodh Subhash Runwal
Registrar & documents
Lead manager
ICICI Securities Limited, Jefferies India Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Runwal & Omkar Esquare, 4th floor, Off:, Eastern Exp Highway, Opp Sion Chunabhatti signal, Sion-(E), Mumbai City, Mumbai, Maharashtra, India, Mumbai, Maharashtra, 400022
+91 22 6116 2422
[email protected]Company website ↗Understanding RUNWALENTR IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.