Runwal IPO Opens Tomorrow: Price Band and Key Details

Mumbai | 24 September 2026 

The Runwal Enterprises initial public offering (IPO) will open for public subscription on Friday, 25 September 2026, at a price band of ₹290 to ₹305 per share. The company has reduced the issue size to ₹500 crore from an earlier ₹1,000 crore, revising its use of proceeds accordingly. 

What Is the Price Band and Lot Size for the Runwal Enterprises IPO? 

The Runwal Enterprises IPO price band is fixed at ₹290 to ₹305 per share, with a face value of ₹2 per share. The lot size for an application is 49 shares. 

At the upper end of the price band, a retail investor applying for the minimum one lot needs ₹14,945. 

What Is the Issue Structure of the Runwal Enterprises IPO? 

The Runwal Enterprises IPO is entirely a fresh issue of 1.64 crore shares, aggregating to ₹499.83 crore. There is no offer for sale (OFS) component. 

ICICI Securities and Jefferies India are the merchant bankers to the issue, and MUFG Intime India Private Limited is the registrar. The shares will list on the BSE and NSE. 

What Does Runwal Enterprises Do? 

Incorporated in February 2016, Runwal Enterprises is a real estate developer with a presence across residential projects in the affordable, mid-income and luxury segments, along with commercial spaces, retail malls and educational buildings. The company is promoted by Subodh Runwal. 

As of 31 March 2026, the company had 19 completed projects, 28 ongoing projects and 33 upcoming projects. Its portfolio includes both direct land acquisitions and asset-light models such as joint development agreements (JDAs). 

What Is Runwal Enterprises’ Financial Performance? 

Runwal Enterprises recorded a consolidated sales value of ₹2,353.5 crore in FY26, up 24% from ₹1,899 crore a year earlier. Its total saleable area rose to 2.07 million square feet in FY26 from 1.62 million square feet in FY25, while its average selling price declined to ₹11,366 per square foot from ₹11,754 per square foot. 

How Will Runwal Enterprises Use the IPO Proceeds? 

Of the fresh issue proceeds, Runwal Enterprises will use ₹100 crore to repay debt against its outstanding standalone borrowings of ₹431.4 crore as of July 2026. 

Another ₹225 crore will go towards repaying part of the borrowings of its wholly owned subsidiaries, Runwal Residency and Evie Real Estate, which had outstanding borrowings of ₹286.5 crore and ₹356.4 crore respectively as of July 2026. The remaining proceeds are earmarked for future project acquisitions and general corporate purposes. 

What Are the Key Dates for the Runwal Enterprises IPO? 

The table below lists the tentative schedule from opening through to listing. 

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