Runwal Enterprises Raises Rs 149 Crore From Anchor Investors Ahead of IPO
Mumbai, September 25, 2026: Real estate developer Runwal Enterprises Limited raised Rs 149 crore from anchor investors on September 24 ahead of its initial public offering, which opens for public subscription on Friday, September 25, 2026, it said in a press release.
The company informed the stock exchanges that it allocated 48,83,605 equity shares to anchor investors at Rs 305 per share. Institutions participating in the anchor round included Tata Mutual Fund, 360 One Prime Limited, Maybank Securities Pte. Ltd., Authum Investment And Infrastructure Limited, Mukul Agarwal-backed Sanshi Fund-I, Madhu Kela-backed Founders Collective Fund, Capri Global Capital Limited, Ashika Global Finance Private Limited, and LRSD Securities Pvt. Ltd.
Out of the total anchor allocation, 13,11,436 equity shares, representing 26.85% of the allocation, were allotted to one domestic mutual fund across two schemes.
Runwal Enterprises Limited, which operates across the residential real estate spectrum including affordable, mid-income, and luxury segments, has fixed a price band of Rs 290 to Rs 305 per equity share of face value Rs 2 each for the maiden issue. The public offer will close on Tuesday, September 29, 2026, with a minimum bid lot set at 49 equity shares and in multiples of 49 shares thereafter.
The public issue consists of a fresh issue of equity shares worth up to Rs 500 crore. Out of the net proceeds from the fresh issuance, Rs 100 crore will be utilized to repay or prepay certain outstanding borrowings availed by the company.
Additionally, the company will allocate Rs 225 crore as investment in its wholly owned material subsidiaries, Runwal Residency Private Limited and Evie Real Estate Private Limited, for full or partial repayment of their outstanding borrowings. The remaining funds are earmarked for acquiring future real estate projects and general corporate purposes.
The issue is being conducted through the book-building process under SEBI ICDR Regulations, reserving up to 50% for Qualified Institutional Buyers, at least 15% for Non-Institutional Investors, and at least 35% for Retail Individual Investors.
Anuj Puri, Chairman, Anarock Group, and Sandeep Runwal, Managing Director, Runwal Group, oversee market positioning and strategy for the entity, which plans to list its shares on the BSE and NSE. ICICI Securities Limited and Jefferies India Private Limited are the book-running lead managers, while MUFG Intime India Private Limited serves as the registrar.
