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Runwal Enterprises Debuts Muted on NSE, Opens at IPO Price of ’305
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CNBC TV18•05-10-2026, 10:01
Runwal Enterprises Debuts Muted on NSE, Opens at IPO Price of ’305
- •Runwal Enterprises shares made a muted debut on the bourses, opening at ’305 on the NSE, matching its IPO price.
- •The IPO of the Mumbai-based real estate developer was subscribed 2.64 times overall, with strong interest from QIBs and NIIs.
- •The company raised ’148.9 crore from anchor investors, with Tata Mutual Fund being the largest investor.
- •Proceeds from the ’500 crore IPO will be used to repay debt for the company and its subsidiaries, and fund future real estate projects.
- •Runwal Enterprises reported consolidated sales value of ’2,353.5 crore in FY26, a 24% increase from the previous year, despite a slight decline in average selling price per square foot.
Key Questions Answered
Runwal Enterprises shares made a muted market debut, opening at ₹305 on the NSE which matched its IPO price, and at ₹306 on the BSE representing a marginal 0.33% premium.
The initial public offering of Runwal Enterprises was subscribed 2.64 times overall, with the retail portion subscribed 1.19 times, and the QIB and NII portions subscribed 4.10 times and 4.14 times, respectively.
Runwal Enterprises plans to use ₹100 crore to repay standalone debt, allocate ₹225 crore to wholly owned subsidiaries Runwal Residency and Evie Real Estate for debt reduction, and dedicate the remaining funds to future real estate project acquisitions and general corporate purposes.
