Runwal Enterprises NSE IPO Debut: Subscription, Listing and Use of Proceeds

Issue size and price band

Runwal Enterprises launched a ₹500‑crore fresh‑issue IPO comprising 1.64 crore equity shares. The price band was set at ₹290‑305 per share and the final issue price was fixed at the upper band of ₹305. The lot size was 49 shares, meaning a minimum application of about ₹14,945 for one lot source.

Subscription figures

Overall subscription reached 2.64 times the offered amount. Retail investors subscribed 1.19 times, while qualified institutional buyers (excluding anchor) and non‑institutional investors were subscribed 4.10 and 4.14 times respectively source.

Listing performance

On the National Stock Exchange the shares opened at par with the issue price of ₹305. On the Bombay Stock Exchange the opening price was ₹306, a gain of 0.32 % over the issue price. Later in the session the BSE price slipped to ₹295.15. The Sensex stood at 72,072.57 points (+162.87) and the Nifty at 22,468.35 points (+46.40) on the listing day source.

Use of proceeds

The net proceeds are earmarked for ₹100 crore to repay or pre‑pay certain borrowings, ₹225 crore to invest in subsidiaries Susneh Infrapark, Runwal Residency and Evie Real Estate for debt repayment, and the remaining amount for future acquisitions and general corporate purposes source.

Financial highlights (FY26)

Runwal Enterprises reported total income of ₹1,851 crore in FY26, a 76 % increase over FY25, and profit after tax of ₹186 crore, up 234 % year‑on‑year source.

Company background

Incorporated in February 2016, Runwal Enterprises is a real‑estate developer active in residential, commercial and retail projects. As of 31 March 2026 the company and its subsidiaries employed 1,181 permanent staff across functions such as construction management, sales, marketing, accounts and procurement source.

Investor considerations

The IPO showed a zero grey‑market premium, indicating expectations of a flat listing, yet the stock debuted marginally higher on BSE before slipping to ₹295.15 later in the session. With strong FY26 growth in income and profitability, investors may weigh the company’s performance against the cyclical nature of the real‑estate sector when deciding whether to buy, sell or hold the shares.