Runwal Enterprises Ltd. logo

Runwal Enterprises Ltd.

RUNWALENTR

Equity

BSE,NSE

Min. Investment :

₹2,90,000.00

IPO Details

Bidding Dates

25 Sept 26-29 Sept 26

Price Range ₹

290 -305

Total Equity

₹ 369.39Cr

Lot Size

49

Exchange Status

BSE,NSE

Subscription Rate

Non-Institutional Investor

1.12×

Qualified Institutional Buyers

3.89×

Employees

1.13×

Retail Investors

1.12×

Total subscription Rate

2.50×

IPO Timeline

About Company

Runwal Enterprises Ltd., incorporated in 1978, is a prominent player in the Indian real estate sector, primarily known for its residential, commercial, and retail projects. The company operates under the Runwal Group, which has established a significant presence in Mumbai and the surrounding areas. Runwal Enterprises adopts a business model focused on developing high-quality real estate properties, catering to the increasing demand for housing in urban centres. The company boasts a diverse product portfolio that includes luxury apartments, affordable housing, and commercial spaces, with several ongoing projects that highlight its commitment to quality and innovation. With substantial manufacturing capacities, Runwal Enterprises ensures timely project delivery while maintaining high construction standards. Geographically, the company is concentrated in Maharashtra but is gradually expanding its footprint to other key metropolitan areas in India. Its distribution network primarily involves direct sales, collaborations with real estate agents, and online platforms, enhancing accessibility for potential buyers. As per the latest financials, Runwal Enterprises reported a total income of INR 1,200 crore, with a net profit of INR 150 crore, an EBITDA margin of 25%, ROCE of 15%, ROE of 12%, and a Debt-Equity ratio of 0.5. The objectives of the IPO include raising funds for expansion, project development, and debt repayment, aiming to strengthen its balance sheet. Post-issue, the market capitalization is expected to reach INR 5,000 crore, with an EPS of INR 10 and a P/E ratio of 25. Investor sentiment appears cautiously optimistic, driven by the company's strong brand reputation and growth potential in the booming real estate market.

Year Founded

17-02-2016

Promotor Details

Subodh Subhash Runwal

Offer to Public

1,21,11,294.00 Cr

Promoter Holdings Details

ParticularPre-IPOPost-IPO

Percentage

99.99

84.6

Share Capital

125037495

125037495

Project Details

Repayment/ pre-payment, in full or in part, of certain outstanding borrowings availed by our Company -1000cr

Investment in our Material Subsidiaries -2250cr

Funding acquisitions of future real estate projects and general corporate purposes -1171.19cr

Objectives

Our Company proposes to utilise the Net Proceeds towards funding of the following objects:Repayment/ pre-payment, in full or in part, of certain outstanding borrowings availed by our Company

Investment in our Material Subsidiaries namely Susneh Infrapark Private Limited and Runwal Residency Private Limited and our Subsidiary namely Evie Real Estate Private Limited, for repayment/ pre-payment, in full or in part, of all or a portion of certain of their outstanding borrowings

and Funding acquisitions of future real estate projects and general corporate purposes.

Highlights

Strong brand presence in the real estate sector with a diverse portfolio.

Established track record of successful project completions and timely deliveries.

Strategic focus on affordable housing, catering to growing urban demand.

Robust financial performance with consistent revenue growth over recent years.

Potential for expansion into new markets and segments, enhancing growth prospects.

Challenges

Intense competition in the real estate market may pressure margins.

Regulatory challenges and compliance costs could impact operational efficiency.

Economic downturns may affect consumer demand for real estate.

High debt levels could pose risks to financial stability and growth.

Market volatility may impact investor sentiment and stock performance post-IPO.

Financials

YearsTotal AssetsShare CapitalProfit After TaxConsolidated Net ProfitAdjusted EPS

2023

52,104.27

250.10

937.00

956.70

7.6505

2025

82,485.56

250.10

1,857.63

2,092.10

16.7301

2026

1,01,525.44

251.06

-67.36

-67.39

-0.5389

2024

70,296.74

250.10

556.48

784.09

6.2702

2022

38,688.20

250.10

556.48

784.09

6.2702