Runwal Enterprises Sets ₹290–305 Price Band for ₹500 Crore IPO

Real estate developer’s IPO opens September 25 and closes September 29; the issue comprises entirely fresh shares.

Runwal Enterprises has fixed the price band for its ₹500 crore initial public offering (IPO) at ₹290–305 per equity share. The issue will open for subscription on September 25, 2026, and close on September 29. The IPO comprises entirely a fresh issue of shares with a face value of ₹2 each. Investors can bid for a minimum of 49 shares and in multiples thereafter. Up to 50% of the net issue will be reserved for qualified institutional buyers, at least 15% for non-institutional investors and at least 35% for retail investors. As of March 31, 2026, Runwal Enterprises had a total developable and estimated developable area of 88.37 million sq ft across 80 projects, including completed, ongoing and upcoming developments. Its portfolio spans residential and non-residential projects across Mumbai’s eastern, northern, western and central suburbs, along with locations near Alibaug.