Archive · 5 Oct 2026
Runwal Enterprises Shares Make Muted Market Debut
Runwal Enterprises is a company that builds homes in different price ranges.
It recently sold shares to the public for the first time.
The shares were priced at ₹305 each.
On Monday, they began trading just above that price on the BSE and at the same price on the NSE.
Later, the BSE price fell below the IPO price.
Investors had asked for 2.5 times as many shares as were offered.
The company plans to use the money raised to repay debt and support future projects, among other purposes.
Runwal Enterprises shares opened at ₹306 on the BSE, 0.32% above the ₹305 issue price.
The shares listed at ₹305 on the NSE, equal to the issue price.
Later in BSE trading, the stock fell 3.22% to ₹295.15.
The IPO was subscribed 2.5 times on the final bidding day.
The ₹500 crore fresh issue will fund debt repayment, future projects and general corporate purposes.
- Who
- Runwal Enterprises Ltd, a real estate developer.
- What
- Its shares began trading after an IPO, opening near the issue price.
- When
- Monday; the report was published October 5, 2026.
- Where
- On the BSE and NSE.
- Why
- The company raised funds to repay debt, finance future real estate projects and for general corporate purposes.
- BSE listing price
- ₹306, 0.32% above the ₹305 issue price
- NSE listing price
- ₹305, equal to the issue price
- Later BSE price
- ₹295.15, down 3.22%
- IPO subscription
- 2.5 times on the final bidding day
- IPO price band
- ₹290–₹305 per equity share
- Fresh issue size
- Up to ₹500 crore
- Use of proceeds
- Debt repayment, future real estate projects and general corporate purposes