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(22/09/2026 20:50)

Runwal Enterprises announces launch of initial public offering

Runwal Enterprises Ltd. has announced public offering of 16393442 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 303.00 per share. The gross proceeds of the issue are expected to be Rs 50,000.00 lakhs.

The company's initial public offer (IPO) will open on 25 September 2026 and is expected to close on 29 September 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 290.00-305.00 per share.

The IPO includes a fresh Issue of 16393442 Equity Shares of the Company at an price of Rs 305.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 49 shares with bids in multiples of 49.

Runwal Enterprises Ltd. anticipates using the proceeds of the issue for .

Jefferies India Pvt. Ltd.,ICICI Securities Ltd. as lead manager(s) & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.

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