Runwal Enterprises Ltd
Pre Issue Shares
12,50,50,000
No. of Shares Issued
-
Pre Issue Equity Amt.
₹25.01 Cr
DP Filling Date
31 March 2025
Runwal Enterprises Ltd IPO Timeline
Runwal Enterprises Limited was originally incorporated as 'Propel Developers Private Limited', pursuant to a certificate of incorporation dated February 17, 2016, issued by the RoC. The name of Company was changed from 'Propel Developers Private Limited' to 'Runwal Apartments Private Limited' on January 13, 2021. Subsequently, the name of the Company was changed from 'Runwal Apartments Private Limited' to 'Runwal Enterprises Private Limited' and a certificate of incorporation was issued by the RoC on January 24, 2024. Subsequently, Company was converted from a private company to a public company, following the change in name of the Company to 'Runwal Enterprises Limited' and a certificate of incorporation upon conversion to public limited company was issued by the RoC on October 4, 2024.
Runwal Enterprises Ltd IPO Details
| Runwal Enterprises Ltd IPO Date | - |
| Runwal Enterprises Ltd IPO Face Value | - |
| Runwal Enterprises Ltd IPO Price | - |
| Runwal Enterprises Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Subodh Subhash Runwal |
- Strengths
- Risks
- Opportunities
- We are a prominent residential real estate developer in Mumbai.
- We are a well-established brand.
- Robust pipeline of Ongoing Projects and Upcoming Projects providing strong visibility of cash flows.
- Ability to sell at premium pricing and throughout the construction phase.
- We have a unique core competency in developing large townships which include schools, malls, retail shops and shopping arcades.
- Demonstrated strong project execution capabilities with in-house functional expertise and tie-ups with reputable design and architect firms.
- Strong focus on sustainable development.
- Experienced Promoter, qualified senior management and credible financial partners.
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment/pre-payment, in full or in part of certain outstanding borrowings availed by the company
- Investment in the Co. material subs. namely Susneh Infrapark Pvt Ltd & Runwal Residency Pvt Ltd & the Subs. namely Evie Real Estate Pvt Ltd for repayment/Pre-payment in full or part of all or a portion of certain of their outstanding borrowings
- Funding acquisitions of future real estate projects and general corporate purposes
Runwal Enterprises Ltd IPO Prospectus
Runwal Enterprises Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| IPO Price | ₹0 |
| Face Value | ₹2 |
Company Contact Information
Runwal & Omkar E-Square 4th FlOff.East.Exp Hi.Way Sion East,Mumbai-400022
Phone: +91 22 6116 2422
Email: company.secretaries@runwalgroup.in
Website: www.runwalenterprises.com
Runwal Enterprises Ltd IPO Registrar
Runwal Enterprises Ltd IPO Lead Manager(s)
- ICICI Securities Ltd
- Jefferies India Pvt Ltd