Runwal Enterprises IPO Details
MAINBOARD
Runwal Enterprises IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.
The Lead Managers for Runwal Enterprises IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is ICICI Securities Ltd, Jefferies India Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Runwal Enterprises Limited DRHP.
Runwal Enterprises IPO Details
Runwal Enterprises IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Runwal Enterprises IPO Reservation
Promoter Holding
Documents
Runwal Enterprises IPO Valuations
Runwal Enterprises Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 7,002.81 | 6,240.48 | 5,250.74 | 3,898.08 |
| Total Income | 310.81 | 707.72 | 234.66 | 63.19 |
| Profit After Tax | 25.53 | 107.28 | -6.74 | -50.99 |
| Net Worth | 434.91 | 407.02 | 298.83 | 305.02 |
| Reserves and Surplus | 634.1 | 606.21 | 498.36 | 401.96 |
| Total Borrowing | 1,497.83 | 1,205.63 | 1,228.23 | 1,574.51 |
| Amount in ₹ Crore | ||||
About Runwal Enterprises IPO
Incorporated in 2016, Runwal Enterprises Limited is a real estate developer present across the full spectrum of real estate development. The company specializes in residential projects across the affordable, mid-income, and luxury segments, as well as in the development of commercial spaces, retail malls, and educational buildings.
As of September 30, 2024, Runwal Enterprises Limited has 15 completed projects, 25 ongoing projects, and 32 upcoming projects. The residential portfolio includes an aggregate Developable Area and Estimated Developable Area of 48.71 million square feet across completed, ongoing, and upcoming projects.
In the Eastern Suburbs submarket, the company launched approximately 4,688 units and sold around 4,198 units between January 2019 and September 2024. In the Kalyan-Dombivli submarket, Runwal Enterprises Limited ranked as the top developer in new launches and sales during the same period, launching approximately 16,043 units and selling approximately 11,481 units.
Key Business Partners:
- Financing Partners: IndusInd Bank Limited, Kotak Mahindra Bank Limited, ICICI Bank Limited, and Piramal Capital and Housing Finance Limited
- Construction Company: New Consolidated Construction Company Limited
- Architects: Architect Hafeez Contractor and HBA International Limited
- Technical Consultants: Mahimtura Consultants Private Limited
As of September 30, 2024, Runwal Enterprises Limited (including its subsidiaries) had 791 permanent employees.
Strength Of Runwal Enterprises IPO
Risk Of Runwal Enterprises IPO
Objectives Runwal Enterprises IPO
1. Repayment/ pre-payment, in full or in part, of certain outstanding borrowings availed by the Company
2. Investment in the 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.
3. Funding acquisitions of future real estate projects and general corporate purposes.
Company Contact Details
Runwal Enterprises Ltd.
Runwal & Omkar Esquare, 4th floor, Off:
Eastern Exp Highway, Opp Sion Chunabhatti signal,
Sion-(E), Mumbai City, Mumbai, Maharashtra, India
Mumbai, Maharashtra, 400022
Phone: +91 22 6116 2422
Email: company.secretaries@runwalgroup.in
Website: www.runwalenterprises.com
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Runwal Enterprises IPO - FAQs
The Runwal Enterprises IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹2 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at TBA.