Mumbai.
Real estate developer Runwal Enterprises Ltd is set to open its Initial Public Offering (IPO) for subscription on September 25, 2026. The company has established a price band of ₹290 to ₹305 per equity share, aiming to raise ₹500 crore through a completely fresh issue of equity shares.
The bidding window will remain open for three trading days, closing on September 29, 2026.
Runwal Enterprises IPO Overview
Here is a quick snapshot of the primary parameters for the upcoming offer:
| Key Parameter | Offer Details |
| IPO Opening Date | September 25, 2026 |
| IPO Closing Date | September 29, 2026 |
| Price Band | ₹290 to ₹305 per share |
| Issue Size | Approx. ₹500 crore |
| Issue Type | 100% Fresh Issue |
| Face Value | ₹2 per share |
| Lot Size | 49 shares |
| Minimum Investment (Retail Upper Band) | ₹14,945 |
| Expected Allotment Finalization | September 30, 2026 |
| Expected Refund/Credit Initiation | October 1, 2026 |
| Expected Listing Date | October 5, 2026 |
| Listing Exchanges | BSE & NSE |
Investment Application Tiers
Investors can bid for a minimum of 1 lot (49 shares) and in multiples of 49 shares thereafter. Calculated at the cut-off price of ₹305 per share, here are the application ranges across investor categories:
- Retail Individual Investors (RII):
- Minimum: 1 Lot (49 shares) = ₹14,945
- Maximum: 13 Lots (637 shares) = ₹1,94,285
- Small Non-Institutional Investors (sNII / sHNI):
- Minimum: 14 Lots (686 shares) = ₹2,09,230
- Maximum: 66 Lots (3,234 shares) = ₹9,86,370
- Big Non-Institutional Investors (bNII / bHNI):
- Minimum: 67 Lots (3,283 shares) = ₹10,01,315
Utilization of Proceeds & Company Profile
Runwal Enterprises operates a widespread real estate portfolio across Mumbai and surrounding urban markets. As of March 31, 2026, the developer reported a total developable and estimated developable area of approximately 88.37 million square feet:
- Residential Portfolio: ~74.58 million square feet
- Non-Residential Portfolio: ~13.80 million square feet
Objects of the Issue
The net proceeds from the fresh issue are planned to be utilized primarily for:
- Prepayment or repayment, in full or in part, of certain outstanding borrowings availed by the company.
- Capital investments into strategic subsidiaries.
- Funding the acquisition of future real estate project land banks and general corporate purposes.
How to Apply for the IPO
- ASBA via Net Banking: Log in to your bank’s internet banking portal, navigate to the ASBA / e-IPO section, select Runwal Enterprises Ltd, choose your investor category, enter the desired number of lots, and bid at the Cut-off Price (₹305).
- UPI via Stockbroker Apps: Open your broker application (e.g., Zerodha, Groww, AngelOne), locate the IPO section, enter your UPI ID, place your bid at ₹305, and approve the mandate request on your UPI app prior to the close date.
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Frequently Asked Questions (FAQ)
What is the lot size for the Runwal Enterprises IPO?
The lot size is 49 equity shares. Retail investors must apply for a minimum of 49 shares (₹14,945 at the upper band).
Does the IPO include an Offer for Sale (OFS) component?
No, the IPO is entirely a fresh issue of shares totaling ₹500 crore, meaning all net proceeds go directly into the company’s growth and debt reduction plans.
When is the listing date for Runwal Enterprises?
The shares are expected to list on both the BSE and NSE on October 5, 2026.
Disclaimer
This article is for informational and educational purposes only and does not constitute financial or investment advice. Stock market investments and IPO subscriptions carry market risks. Readers should consult a SEBI-registered financial advisor and carefully review the official Red Herring Prospectus (RHP) prior to making any financial decisions.
