Runwal Enterprises IPO
Updated 11 Nov 2026, 6:45 pm.
Minimum investment (Retail)
₹14,945
1 lot · 49 shares at the upper price band
Price band
₹305
Latest GMP
₹0
0.0% of the ₹305 upper band
Est. listing price
₹305
Issue size
₹500 Cr
Listing price
₹305.00
NSE RUNWALENTR, special pre-open price
Listing gain
+0.0%
Listing price against the issue price
First-day close
₹301.45
Since issue
-22.9%
₹235.17 close, 13 Nov 2026
As NSE lists it
The exchange's own issue data, NSE symbol RUNWALENTR · read 14 Nov 2026, 12:15 am
- Price band
- ₹290–302
- Bidding
- 25 Sept 2026 – 29 Sept 2026
- Subscribed (NSE)
- —
- Shares offered
- —
- Listed
- 5 Oct 2026
- Issue price
- ₹305
NSE's upper band (₹302) differs from the ₹305 our sources give. The exchange's figures are the authoritative ones.
NSE's subscription counts bids on its own platform and can differ from the combined NSE + BSE figure above.
Allotment status
Check it on the registrar's page or either exchange with your PAN or application number.
- Allotment finalised30 Sept 2026(done)
- Refunds start1 Oct 2026(done)
- Shares credited to demat1 Oct 2026(done)
- Listing5 Oct 2026(done)
GMP history
Each point is a recorded observation from the scheduled data sync.
| Observed | GMP | Est. listing price |
|---|---|---|
| 5 Oct 2026, 6:50 pm | ₹0 | ₹305 |
| 5 Oct 2026, 6:45 pm | ₹0 | ₹305 |
| 5 Oct 2026, 1:50 pm | ₹0 | ₹305 |
| 5 Oct 2026, 1:45 pm | ₹0 | ₹305 |
| 5 Oct 2026, 11:31 am | ₹0 | ₹305 |
| 5 Oct 2026, 8:50 am | ₹0 | ₹305 |
| 5 Oct 2026, 8:45 am | ₹0 | ₹305 |
| 3 Oct 2026, 10:44 pm | ₹0 | ₹305 |
| 3 Oct 2026, 6:50 pm | -₹5 | — |
| 3 Oct 2026, 1:50 pm | -₹5 | — |
| 3 Oct 2026, 8:50 am | -₹5 | — |
| 2 Oct 2026, 6:50 pm | -₹5 | — |
| 2 Oct 2026, 1:50 pm | -₹5 | — |
| 2 Oct 2026, 8:50 am | -₹3 | ₹305 |
| 2 Oct 2026, 8:45 am | ₹0 | ₹305 |
| 1 Oct 2026, 6:50 pm | -₹3 | ₹305 |
| 1 Oct 2026, 6:45 pm | ₹0 | ₹305 |
| 1 Oct 2026, 1:50 pm | -₹3 | ₹305 |
| 1 Oct 2026, 1:45 pm | ₹0 | ₹305 |
| 30 Sept 2026, 6:50 pm | ₹2 | ₹307 |
| 30 Sept 2026, 6:45 pm | ₹2 | ₹307 |
| 30 Sept 2026, 1:50 pm | ₹3 | ₹307 |
| 30 Sept 2026, 1:45 pm | ₹2 | ₹307 |
| 29 Sept 2026, 6:50 pm | ₹8 | ₹319 |
| 29 Sept 2026, 6:45 pm | ₹14 | ₹319 |
| 29 Sept 2026, 1:50 pm | ₹14 | ₹319 |
| 29 Sept 2026, 1:45 pm | ₹14 | ₹319 |
| 29 Sept 2026, 8:50 am | ₹14 | ₹319 |
| 29 Sept 2026, 8:45 am | ₹14 | ₹319 |
| 28 Sept 2026, 6:50 pm | ₹12 | ₹315 |
| 28 Sept 2026, 6:45 pm | ₹10 | ₹315 |
| 28 Sept 2026, 1:50 pm | ₹13 | ₹319 |
| 28 Sept 2026, 1:45 pm | ₹14 | ₹319 |
| 28 Sept 2026, 8:50 am | ₹14 | ₹319 |
| 28 Sept 2026, 8:45 am | ₹14 | ₹319 |
| 26 Sept 2026, 6:50 pm | ₹22 | ₹335 |
| 26 Sept 2026, 6:45 pm | ₹30 | ₹335 |
| 26 Sept 2026, 1:50 pm | ₹22 | ₹335 |
| 26 Sept 2026, 1:45 pm | ₹30 | ₹335 |
| 26 Sept 2026, 8:50 am | ₹23 | ₹335 |
| 26 Sept 2026, 8:45 am | ₹30 | ₹335 |
| 25 Sept 2026, 6:50 pm | ₹28 | ₹335 |
| 25 Sept 2026, 6:45 pm | ₹30 | ₹335 |
| 25 Sept 2026, 1:51 pm | ₹5 | — |
| 25 Sept 2026, 1:45 pm | ₹30 | ₹335 |
| 25 Sept 2026, 8:50 am | ₹30 | ₹335 |
| 25 Sept 2026, 8:45 am | ₹30 | ₹335 |
| 24 Sept 2026, 6:50 pm | ₹36 | ₹340 |
| 24 Sept 2026, 6:45 pm | ₹35 | ₹340 |
| 24 Sept 2026, 1:50 pm | ₹21 | ₹323 |
| 24 Sept 2026, 1:45 pm | ₹18 | ₹323 |
| 24 Sept 2026, 8:50 am | ₹18 | ₹323 |
| 24 Sept 2026, 8:45 am | ₹18 | ₹323 |
| 23 Sept 2026, 6:50 pm | ₹18 | ₹323 |
| 23 Sept 2026, 6:45 pm | ₹18 | ₹323 |
| 23 Sept 2026, 1:50 pm | ₹18 | ₹323 |
| 23 Sept 2026, 1:45 pm | ₹18 | ₹323 |
| 23 Sept 2026, 8:50 am | ₹18 | ₹323 |
| 23 Sept 2026, 8:45 am | ₹18 | ₹323 |
| 22 Sept 2026, 6:50 pm | ₹0 | ₹305 |
| 22 Sept 2026, 6:45 pm | ₹0 | ₹305 |
GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.
Issue details
- Board
- Mainboard
- Price band
- ₹305
- Issue size
- ₹500 Cr
- Lot size
- 49
- Opens
- 25 Sept 2026
- Closes
- 29 Sept 2026
- Allotment
- 30 Sept 2026
- Listing
- 5 Oct 2026
- Est. listing price
- ₹305
- Listing price
- ₹305
- Listing gain
- +0.0%
- Registrar
- MUFG Intime India Pvt.Ltd.
- Minimum investment
- ₹14,945 (1 lot · 49 shares)
- Face value
- ₹2 per share
- Issue type
- Bookbuilding IPO
- Sale type
- Fresh capital only
- Fresh issue
- ₹500 Cr
- Listing at
- BSE, NSE
- Refunds
- 1 Oct 2026
- Shares credited
- 1 Oct 2026
- Promoter holding
- 95.16% before · 84.6% after
- Lead managers
- ICICI Securities Ltd., Jefferies India Pvt.Ltd.
Offer documents & links
Subscription by category
As of 29 Sept 2026, 6:53 pm.
Total subscription
2.64x
Full issue details
Details as published for this issue, read 3 Oct 2026, 9:05 am. Verify against the RHP before applying.
IPO Details
| IPO Date | 25 to 29 Sep, 2026 |
|---|---|
| Listing Date | Mon, Oct 5, 2026 |
| Face Value | ₹ 2 per share |
| Price Band | ₹290 to ₹305 |
| Issue Price | ₹305 per share |
| Lot Size | 49 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹ 14.00 |
| Total Issue Size | 1,63,98,962 shares (agg. up to ₹ 500 Cr) |
|---|---|
| Fresh Issue | 1,63,98,962 shares (agg. up to ₹ 500 Cr) |
| Share Holding Pre Issue | 13,13,91,436 shares |
| Share Holding Post Issue | 14,77,90,398 shares |
| BSE Script Code / NSE Symbol | 544959 / RUNWALENTR |
| ISIN | INE804W01029 |
IPO Timetable
- IPO Open
- Fri, Sep 25, 2026
- IPO Close
- Tue, Sep 29, 2026
- Allotment
- Wed, Sep 30, 2026
- Refund
- Thu, Oct 1, 2026
- Credit of Shares
- Thu, Oct 1, 2026
- Listing
- Mon, Oct 5, 2026
Issue Reservation
- QIB49.63%
- NII (HNI)14.89%
- Retail34.74%
- Employee0.73%
| Investor Category | Shares | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB | 81,39,343 | 50.00% | 49.63% | NA |
| - Anchor Investor | 48,83,605 | — | 29.78% | NA |
| - QIB (Ex. Anchor) | 32,55,738 | — | 19.85% | NA |
| NII (HNI) | 24,41,804 | 15.00% | 14.89% | NA |
| - bNII > ₹10L | 16,27,869 | — | 9.93% | 2,372 |
| - sNII < ₹10L | 8,13,935 | — | 4.96% | 1,186 |
| Retail | 56,97,541 | 35.00% | 34.74% | 1,16,276 |
| Preferential Reservations | ||||
| Employee | 1,20,274 | — | 0.73% | NA |
| Total | 1,63,98,962 | 100.00% | 100.00% | — |
Runwal Enterprises IPO comprises a total issue size of 1,63,98,962 shares. The net offer to the public is 1,62,78,688 shares, after excluding 1,20,274 shares under a preferential allotment. Of the Net offer 81,39,343 (50.00%) are allocated to QIB , 24,41,804 (15.00%) allocated to NII 56,97,541 (35.00%) allocated to RII .
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 49 | ₹14,945 |
| Retail (Max) | 13 | 637 | ₹1,94,285 |
| S-HNI (Min) | 14 | 686 | ₹2,09,230 |
| S-HNI (Max) | 66 | 3,234 | ₹9,86,370 |
| B-HNI (Min) | 67 | 3,283 | ₹10,01,315 |
Investors can bid for a minimum of 49 shares and in multiples thereof.
IPO Anchor Investors
| Bid Date | Thu, Sep 24, 2026 |
|---|---|
| Shares Offered | 48,83,605 |
| Anchor Portion (₹ Cr.) | 148.95 |
| Anchor lock-in period end date for 50% shares (30 Days) | Fri, Oct 30, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, Dec 29, 2026 |
Runwal Enterprises IPO raises ₹ 148.95 crore from anchor investors . Runwal Enterprises IPO Anchor bid date is September 24, 2026 .
📝 Anchor Investors Letter (PDF)
Investor Category Reservations
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹5 Lakhs | Yes |
| Employee + RII/NII | Up to ₹5Lakhs (EMP) + RII/NII limits | Yes (EMP/RII) |
About Runwal Enterprises Ltd.
Incorporated in February 2016, Runwal Enterprises Limited is a real estate developer with a presence across the full spectrum of real estate development, with a focus on residential projects across affordable, mid-income and luxury segments, along with commercial spaces, retail malls and educational buildings. The Company has a strong presence in Mumbai and is a recognized brand in the real estate industry. The Company is ranked third in Mumbai in terms of new launches and sales, with approximate market shares of 2.33% and 2.46%, respectively, between January 2023 and March 31, 2026. In the eastern suburbs of Mumbai, it ranked first in sales, with an approximate market share of 7.88%, and fourth in new launches, with a market share of approximately 2.89% during the same period. In Kalyan-Dombivli, the Company ranked first in new launches and second in sales, with approximate market shares of 11.41% and 6.33%, respectively. (Source: JLL Report)
As of March 31, 2026, the Company had 19 Completed Projects, 28 Ongoing Projects and 33 Upcoming Projects. Its project experience includes greenfield developments involving land acquisition as well as asset-light models such as Joint Development Agreements (JDAs). The Company also has expertise in developing large townships incorporating schools, malls, retail shops and shopping arcades.
The Company has in-house expertise across design and architecture, construction management, sales and marketing, contracts and procurement, customer care and post-sales services, supported by tie-ups with reputed design and architecture firms. It also focuses on sustainable development and has the ability to sell projects at premium pricing and throughout the construction phase.
As of March 31, 2026, the Company, including its subsidiaries, had 1,181 permanent employees, with major functions including construction management, sales and marketing, customer care, accounts and billing, and contracts and procurement.
Competitive 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.
Company Financials (Restated Consolidated)
Total Income
Profit After Tax
EBITDA
NET Worth
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 10,254.50 | 8,328.14 | 7,079.74 |
| Total Income | 1,850.79 | 1,050.71 | 2,436.68 |
| Profit After Tax | 185.76 | 55.65 | 93.70 |
| EBITDA | 349.81 | 180.11 | 201.73 |
| NET Worth | 768.20 | 455.86 | 372.65 |
| Reserves and Surplus | 819.81 | 460.07 | 426.07 |
| Total Borrowing | 2,909.13 | 2,312.58 | 1,783.65 |
| Amount in ₹ Crore |
Runwal Enterprises Ltd.'s revenue increased by 76% and profit after tax (PAT) rose by 234% between the financial year ending with March 31, 2026 and March 31, 2025.
IPO Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ pre-payment, in full or in part, of certain outstanding borrowings availed by the Company | 100.00 |
| 2 | 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, in full or in part, of all or a portion of certain of their outstanding borrowings. | 225.00 |
| 3 | Funding acquisitions of future real estate projects and general corporate purposes. | 117.12 |
| 4 | Issue Expenses | 57.88 |
| Total | 500.00 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Key Performance Indicator (KPI)
| KPI | Mar 31, 2026 |
|---|---|
| Debt/Equity | 3.29 |
| RoNW | 27.24% |
| EBITDA Margin | 19.44% |
| NAV | 61.43 |
| P/B (x) | 4.97 |
Check IPO Peer Comparison here.
IPO Valuation
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 14.14 | 12.57 |
| P/E (x) | 21.57 | 24.26 |
| Market Cap at Offer Price | ₹4,007.44 Cr. | ₹4,507.61 Cr |
Disclaimer
The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.
Shareholding Structure
Pre IPO
- Promoter and Promoter Group95.16%
- Public4.84%
Post IPO
- Promoter and Promoter Group84.6%
- Public15.40%
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 95.16% | 84.6% |
| Public | 4.84% | 15.40% |
| Total | 100% | 100% |
Company Promoter: Subodh Subhash Runwal
Runwal Enterprises IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 7 | 0 | 3 | 0 |
| Members | 0 | 1 | 0 | 0 |
IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 4.10 | 32,55,739 | 1,33,32,508 |
| NII | 4.14 | 24,41,803 | 1,01,08,308 |
| bNII (> ₹10L) | 4.57 | 16,27,869 | 74,41,238 |
| sNII (< ₹10L) | 3.28 | 8,13,934 | 26,67,070 |
| Retail | 1.19 | 56,97,540 | 67,66,606 |
| Employee | 1.20 | 1,20,275 | 1,43,766 |
| Total | 2.64 | 1,15,15,357 | 3,03,51,188 |
The Runwal Enterprises IPO is subscribed 2.64 times on September 29, 2026 6:53:12 PM (Day 3). The public issue subscribed 1.19 times in the retail category, 4.10 times in the QIB category, and 4.14 times in the NII category. Check Day by Day Subscription Details (Live Status)
Reload
Total Applications: 1,13,152
IPO Expenses
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the BRLMs and commissions (including underwriting commission, brokerage and selling commission | 28.91 |
| 2 | Commission/processing/uploading fee for SCSBs, Sponsor Bank(s) and Banker(s) to the Issue. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, CRTAs and CDPs | 1.04 |
| 3 | Fees payable to the Registrar to the Issue | 0.02 |
| 4 | Advertising and marketing expenses | 5.52 |
| 5 | Listing fees, SEBI, BSE and NSE processing fees, book building software fees and other regulatory expenses | 2.66 |
| 6 | Printing and distribution of stationery | 0.55 |
| 7 | Fees payable to the legal counsels to the Issue | 9.56 |
| 8 | Fees payable to the statutory auditor | 1.30 |
| 9 | Fees payable to the industry service provider | 0.53 |
| 10 | Fee payable to the independent chartered accountant | 0.25 |
| 11 | Fee payable to the architect | 0.14 |
| 12 | Miscellaneous | 7.41 |
| Total | 57.88 |
IPO Registrar
MUFG Intime India Pvt.Ltd.
022-49186000
runwalenterprises.ipo@in.mpms.mufg.com
IPO Lead Manager(s)
ICICI Securities Ltd.
Jefferies India Pvt.Ltd.
Contact Details
Runwal Enterprises Ltd. Address
Runwal & Omkar Esquare, 4th floor, Off:
Eastern Exp Highway, Opp Sion Chunabhatti signal
Sion-(E)
Mumbai, Maharashtra , 400022
+91 22 6116 2422
company.secretaries@runwalgroup.in
Runwal Enterprises IPO in the news
Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.
Runwal Enterprises IPO: Review, GMP, Apply or Avoid
INDmoney · 1 Oct 2026
Snapdeal and Runwal Enterprises IPO allotment today: How to check status on NSE, BSE, MUFG Intime
etnownews.com · 30 Sept 2026
Runwal Enterprises IPO allotment finalised: How to check status online on NSE, BSE, MUFG Intime India; listing date, time here
Upstox · 30 Sept 2026
Runwal Enterprises IPO allotment, BSE/NSE updates, and GMP details today
Motilal Oswal · 30 Sept 2026
Runwal Enterprises IPO gets fully subscribed on Day 3; NII, QIB portions fully booked - Check GMP
Moneycontrol.com · 30 Sept 2026
Runwal Enterprises IPO Day 3: Subscribed 2.49x; QIB surges to 3.89x; NII leads at 4.35x
scanx.trade · 30 Sept 2026
Runwal Enterprises IPO allotment today on BSE, NSE and registrar — check latest GMP
Moneycontrol.com · 30 Sept 2026
Runwal Enterprises IPO Allotment Status: Check Allocation Online
HDFC Sky · 30 Sept 2026
Runwal Enterprises: common questions
Answered from this issue's own record.