ListedMainboardBook builtNSEBSE

Runwal Enterprises IPO

₹290.00 to ₹305.00Price band

Listed on 5 October 2026 at an issue price of ₹305.00.

Subscription and grey market figures refresh on a 30-minute cycle. Last synced 5 October 2026. Confirm current numbers on the exchange websites before you apply.

Issue size
₹500.00 Cr
Lot size
49 shares
Minimum investment
₹14,945.00
Face value
₹2.00
Fresh issue
₹500.00 Cr
Offer for sale
₹0.00 Cr
Exchanges
NSE and BSE
Bidding dates
25 September 2026 to 29 September 2026

Listed on the exchange

Runwal Enterprises priced its issue at ₹305.00 and began trading on 5 October 2026.

The dates that matter

An Indian IPO runs on a fixed calendar. Bidding stays open for three working days, the allotment is finalised the next working day, and the shares begin trading the day after that.

    Issue dates

  1. Anchor investor biddingCompleted

    24 September 2026

    One day before the public window, for institutional anchors.

  2. Bidding opensCompleted

    25 September 2026

  3. Bidding closesCompleted

    29 September 2026

  4. Basis of allotmentCompleted

    30 September 2026

  5. Refunds initiatedCompleted

    1 October 2026

  6. Shares credited to DematCompleted

    1 October 2026

  7. Listing on the exchangeNext

    5 October 2026 in today

Grey market premium

Grey market premium is the price traders quote among themselves for shares that have not listed yet. Below is the full day-by-day record we hold for this issue, not only the latest figure, because the movement across the bidding window says more than any single day does.

-10316294222 Sept5 Oct
Grey market premium per share over 14 recorded days. Hover or use the arrow keys to read any day.
Grey market premium history for Runwal Enterprises
DatePremium per share
2026-09-2218
2026-09-2317
2026-09-2437
2026-09-2516
2026-09-2614.5
2026-09-2714
2026-09-2814
2026-09-292
2026-09-300
2026-10-01-5
2026-10-02-5
2026-10-030
2026-10-040
2026-10-050
Day by day, 14 records
DatePremium per shareImplied listing priceImplied gain
5 October 2026Not recorded₹305.000.00%
4 October 2026Not recorded₹305.000.00%
3 October 2026Not recorded₹305.000.00%
2 October 2026Not recorded₹300.00-1.64%
1 October 2026Not recorded₹300.00-1.64%
30 September 2026Not recorded₹305.000.00%
29 September 2026₹2.00₹307.000.66%
28 September 2026₹14.00₹319.004.59%
27 September 2026₹14.00₹319.004.59%
26 September 2026₹14.50₹319.504.75%
25 September 2026₹16.00₹321.005.25%
24 September 2026₹37.00₹342.0012.13%
23 September 2026₹17.00₹322.005.57%
22 September 2026₹18.00₹323.005.90%

About Runwal Enterprises

Runwal Enterprises Ltd. develops real estate across Mumbai and the Mumbai Metropolitan Region. The company builds residential projects in the affordable, mid-income and luxury segments, plus commercial offices, retail malls and educational buildings. It works on greenfield land acquisition and asset-light joint development agreements. As of March 31, 2026, it had 19 completed projects, 28 ongoing projects and 33 upcoming projects, with 1,181 permanent employees. Revenue comes from selling residential units, commercial space and retail space, and from township developments that include schools, malls and shopping arcades.

Promoter

  • Subodh Subhash Runwal

Financial highlights

The last three fiscal years as the offer document states them. Reading across a row shows whether the figure has grown, which is why the years run left to right.

Metric (₹ crore)Mar 2024Mar 2025Mar 2026
Assets7,079.748,328.1410,254.50
Total Income2,436.681,050.711,850.79
Profit After Tax93.7055.65185.76
EBITDA201.73180.11349.81
NET Worth372.65455.86768.20
Reserves and Surplus426.07460.07819.81
Total Borrowing1,783.652,312.582,909.13

Figures are in ₹ crore and reproduced from the offer document, covering Mar 2024 to Mar 2026. A dash means the document does not state that figure for that period. A fiscal year ending March is labelled by its closing month, and where the document states a figure on a different basis the label here follows the document rather than normalising it.

Key ratios

Valuation and return ratios calculated from the issuer's financials. These are the figures the issue price is usually judged against, and the offer document carries the working behind each one.

RatioValueWhat it measures
Earnings per share₹14.14Profit after tax divided by the number of shares.
P/E at the cap price21.57xIssue price divided by earnings per share. Lower is cheaper, but only against the same industry.
P/E after the issue24.26xThe same ratio recalculated on the larger post-issue share count.
Price to book4.97xIssue price against net assets per share.
Net asset value per share₹61.43What the company owns, less what it owes, per share.
Return on net worth27.24%The offer document’s own name for return on shareholders’ funds.
Debt to equity3.29xBorrowings against shareholders’ funds. Higher means more leverage.
Operating margin19.44%Operating profit as a share of income, before interest, tax and depreciation.
Market capitalisation₹4,507.44 CrValue of the company at the issue price.

Ratios are stated as published. A ratio that is absent here was not stated in the document, and is not the same as a ratio of zero.

What the money is for

Every issue states its objects in the offer document. These are reproduced from it, largest first, so you can see where most of the raise is going.

  • 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 Cr

  • Funding acquisitions of future real estate projects and general corporate purposes.

    ₹117.12 Cr

  • Repayment/ pre-payment, in full or in part, of certain outstanding borrowings availed by the Company

    ₹100.00 Cr

  • Issue Expenses

    ₹57.88 Cr

Peer comparison

The offer document compares the issuer against listed companies in the same business, on earnings, book value and return on net worth. Runwal Enterprises is the first row.

Peer comparison from the offer document. Runwal Enterprises is the first row.
CompanyEPS (₹)P/ENAV per share (₹)RoNW
Runwal Enterprises Ltd.This issue16.74—₹61.4327.24%
Godrej Properties Ltd.61.4327.53₹635.969.61%
Kalpataru Ltd.4.7657.66₹199.911.94%
Keystone Realtors Ltd.6.2556.96₹226.823.32%
Lodha Developers Ltd.34.3433.42₹233.1114.73%
Oberoi Realty Ltd.68.9625.88₹492.8913.99%
Prestige Estates Projects Ltd.27.7651.7₹377.808.02%
Sunteck Realty Ltd.13.9421.09₹245.925.60%

Reproduced from the peer comparison in the offer document. A dash means the document does not state that figure for that company. It is absent, not zero. Ratios are reported on the basis named in the document, which is not always the same period for every company.

Who gets what share

SEBI fixes how much of a book-built issue each investor category can be allotted. This is the split for this issue as stated in the offer document.

Reservation by investor category
CategoryShare of issueAmount
Retail individual investors34.74%₹173.78 Cr
Qualified institutional buyers19.85%₹99.30 Cr
Non-institutional (bids above ₹10 lakh)9.93%₹49.65 Cr
Non-institutional (bids up to ₹10 lakh)4.96%₹24.83 Cr
Employee reservation0.73%₹3.67 Cr

Percentages are reproduced as text from the offer document. A dash means the document does not state an amount for that category. Categories are labelled using the document's own terms, which differ slightly between issues.

Questions people ask

One lot is 49 shares. The price band is ₹290.00 to ₹305.00, and the block is calculated at the top of it, ₹305.00. That comes to ₹14,945.00 held in your bank account until the allotment is finalised. If you are not allotted, the block is released and the money never leaves your account.

Bidding runs from 25 September 2026 to 29 September 2026. Applications can be revised or withdrawn while bidding is open. Once it closes, the registrar finalises the basis of allotment the next working day and shares are credited the day after.

The most recent recorded premium is ₹2.00 per share, against ₹18.00 when recording began on 22 September 2026. The movement across those days says more than either number on its own.

Retail applications run from 1 lot to 13 lots. The retail category caps an application at ₹2,00,000, so the upper limit is whichever comes first: the lot ceiling or the value ceiling.

We hold the issue price of ₹305.00 and the listing date of 5 October 2026, but our data source does not publish the listing-day open, close or gain, so we cannot state the listing price. The exchange page for this scrip carries the traded price.

Sources