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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Runwal Enterprises Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹305
Per ShareLot Size
49 Shares
Minimum Investment
₹14,945
Issue Size
₹500 Cr
Face Value
₹2
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
95.16%
Promoter Holding (Post-Issue)
84.6%
Issue Type
Book Building
ISIN
INE804W01029
We are a real estate developer present across the full spectrum of real estate development, specializing in residential projects that cater to affordable, mid-income, and luxury segments, as well as commercial spaces, retail malls and educational buildings. We are a recognized brand in the industry and have a strong presence in Mumbai.
Our Company was originally incorporated as "Propel Developers Private Limited" under the provisions of the Companies Act, 2013, pursuant to a certificate of incorporation dated February 17, 2016, issued by the Registrar of Companies, Mumbai - I at Mumbai ("RoC"). The name of our Company was changed from "Propel Developers Private Limited" to "Runwal Apartments Private Limited" pursuant to a resolution of our shareholders dated December 24, 2020, and a certificate of incorporation pursuant to change of name under the Companies Act, 2013 was issued by the RoC on January 13, 2021. Subsequently, the name of our Company was changed from "Runwal Apartments Private Limited" to "Runwal Enterprises Private Limited" pursuant to a resolution of our shareholders dated December 23, 2023, and a certificate of incorporation pursuant to change of name under the Companies Act, 2013 was issued by the RoC on January 24, 2024. Subsequently, our Company was converted from a private company to a public company, pursuant to a resolution passed in the extraordinary general meeting of our Shareholders held on September 3, 2024, following which the name of our Company was changed to "Runwal Enterprises Limited" and a certificate of incorporation consequent upon conversion to public limited company was issued by the RoC on October 4, 2024.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 16,397,393 equity shares of face value of Rs. 2 each ("Equity Shares") of Runwal Enterprises Limited (Formerly known as Runwal Enterprises Private Limited and Runwal Apartments Private Limited) (the "Company" or the "Company" or the "Issuer") for cash at a price of Rs. 305 per equity share (including a premium of Rs. 303 per equity share) (the "Issue Price") aggregating to Rs. 500.00 Crores (the "Issue" or "Fresh Issue"). The issue include a reservation of 120,274 equity shares of face value of Rs. 2 each, aggregating to Rs. 3.5 Crores (constituting up to 0.08% of the post-issue paid-up equity share capital), for subscription by eligible employees ("Employee Reservation Portion"). The company, in consultation with the BRLMs has offered a discount of 4.59% of the issue price to eligible employees bidding in the employee reservation portion ("Employee Discount"), subject to necessary approvals as may be required. The issue less the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue shall constitute 11.10% and 11.01% of the post-issue paid-up equity share capital of the company, respectively. Price Band: Rs. 305 per equity share of face value of Rs. 2 each. The floor price is 152.5 times the face value of the equity shares. Bids can made for a minimum of 49 equity shares of face value of Rs. 2 each and in multiples of 49 equity shares of face value of Rs. 2 each thereafter. A discount of Rs. 14 per equity share is being offered to eligible employees bidding in the employee reservation portion.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.