Bookbuilding IPO | ₹2,000 Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Runwal Developers Ltd. on January 13, 2026. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Runwal Developers Ltd. IPO is a Book Build Issue of ₹2,000.00 crores consisting of a fresh issue of shares worth Rs ₹1,700.00 crores and an offer for sale (OFS) of ₹300.00 crores.
The equity shares are proposed to be listed on NSE and BSE. ICICI Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Runwal Developers IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹2,000 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹1,700 Cr) |
| Offer for Sale | [.] shares of ₹1 (agg. up to ₹300 Cr) |
| Share Holding Pre Issue | 44,20,27,600 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Sep 30, 2025 |
| SEBI/Exchange approval received | Tue, Jan 13, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Incorporated in 1988, Runwal Developers Ltd. is a real estate development company engaged in residential, commercial, organized retail, and hospitality projects.
The company has a strong presence in the Mumbai Metropolitan Region (MMR) and Pune, Maharashtra, with a focus on lifestyle-oriented and product-driven developments. It ranks among the top 10 real estate developers in MMR in terms of residential units supplied between January 1, 2022 and March 31, 2025.
As of June 30, 2025, Runwal Developers had a portfolio of 35 completed projects, 17 ongoing projects, and 24 upcoming projects across MMR and Pune. Its residential projects cover ultra-luxury, luxury, high-income, and mid-income housing categories.
The company employed 594 permanent staff and 19 contractual employees as of June 30, 2025.
Runwal Developers Ltd.'s revenue increased by 104% and profit after tax (PAT) dropped by 89% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 11,992.66 | 10,075.36 | 4,105.23 |
| Total Income | 1,199.76 | 588.25 | 363.29 |
| Profit After Tax | 137.42 | 1,203.63 | 42.34 |
| EBITDA | 462.94 | 233.30 | 134.66 |
| NET Worth | 2,583.02 | 2,444.45 | 976.72 |
| Total Borrowing | 3,327.52 | 2,644.05 | 741.95 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment/repayment of certain outstanding borrowings availed by our Company and our Subsidiaries, namely (i) Runwal Construction Private Limited, (ii) Aethon Developers Private Limited, (iii) R Retail Ventures Private Limited, (iv) R Mall Developers Private Limited, and (v) Histyle Retail Private Limited, in part or full; and | 1,300.00 |
| 2 | General corporate purposes |
| KPI | Mar 31, 2025 |
|---|---|
| Debt/Equity | 0.98 |
| RoNW | 5.32% |
| PAT Margin | 55.10% |
| EBITDA Margin | 39.80% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 3.11 | |
| Promoter Holding | 99.15% |
Runwal Developers IPO is a main-board IPO of 0 equity shares of the face value of ₹1 aggregating up to ₹2,000 Crores. The issue is priced at To be declared. The minimum order quantity is .
The Runwal Developers IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Runwal Developers IPO using UPI as a payment gateway. Zerodha customers can apply in Runwal Developers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Runwal Developers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Runwal Developers IPO dates are not announced. Please check back again after some time.
Runwal Developers IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Runwal Developers IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Runwal Developers IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Runwal Developers IPO allotment status.
The Runwal Developers IPO listing date is not yet announced. The tentative date of listing is .
