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Runwal Enterprises Shares See Muted Market Debut, Trade Lower After Listing
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News18•05-10-2026, 12:00
Runwal Enterprises Shares See Muted Market Debut, Trade Lower After Listing
- •Runwal Enterprises Ltd shares made a muted market debut on Monday, listing marginally up by 0.32% at Rs 306 on BSE from its issue price of Rs 305.
- •The stock listed at par with the issue price of Rs 305 on NSE.
- •Shares later traded 3.22% lower at Rs 295.15 on the BSE.
- •The company's market valuation stood at Rs 4,365.68 crore.
- •The initial public offering (IPO) was subscribed 2.5 times and had a price band of Rs 290-305 per equity share.
Key Questions Answered
Runwal Enterprises Ltd shares made a muted market debut on Monday, listing at Rs 306 (marginally up by 0.32 per cent from the issue price of Rs 305) on the BSE and at par with the issue price on the NSE. During subsequent trade, the stock fell 3.22 per cent to Rs 295.15 on the BSE, while the company's total market valuation stood at Rs 4,365.68 crore.
The initial public offering of Runwal Enterprises Ltd was subscribed 2.5 times overall on the final day of bidding.
The proceeds from the fresh issue of equity shares, aggregating up to Rs 500 crore, will be used by Runwal Enterprises to repay debt, fund future real estate projects, and support general corporate purposes.
