Runwal Enterprises Limited raises Rs 149 crore from anchor investors

Anchor book link https://www.bseindia.com/downloads/UploadDocs/Notices/Attach/Allocation$0994af61-acbc-48cc-9aee-5d4d5865c1b9.pdf 


24 September, Mumbai: Runwal Enterprises Limited, which is a real estate developer present across the full spectrum of real estate development, specializing in residential projects that cater to affordable, mid-income, and luxury segments, has garnered Rs 149 crore from anchor investors ahead of its initial public offering, which opens for public subscription on Friday, September 25, 2026.


 The company informed the bourses that it allocated 48,83,605 equity shares at Rs 305 per share to anchor investors.


The institutions that participated in the anchor include Tata Mutual Fund, 360 One Prime Limited, Maybank Securities Pte. Ltd., Authum Investment And Infrastructure Limited, Mukul Agarwal backed Sanshi Fund-I, Madhu Kela backed Founders Collective Fund, Capri Global Capital Limited, Ashika Global Finance Private Limited and LRSD Securities Pvt. Ltd. (which is identified as a person acting in concert with Rajasthan Global Securities founded by Lalit Dua).

Out of the total allocation of 48,83,605 Equity Shares to the Anchor Investors, 13,11,436 Equity Shares (i.e., 26.85% of the total allocation to Anchor Investors) were allocated to one domestic mutual fund, which has applied through a total of two schemes.


ICICI Securities Limited and Jefferies India Private Limited are the book-running lead managers, and MUFG Intime India Private Limited is the registrar of the offer.


The equity shares are proposed to be listed on NSE and BSE


 IPO Details


Runwal Enterprises Limited has fixed the price band of Rs 290 to Rs 305 per Equity Share of face value Rs. 2/- each for its maiden initial public offer.


The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Friday, September 25, 2026, for subscription and close on Tuesday, September 29, 2026.


Investors can bid for a minimum of 49 Equity Shares and in multiples of 49 Equity Shares thereafter.


The IPO, with a face value of Rs 2, is a fresh issue up to Rs 500 crore.


The proceeds from its fresh issuance worth Rs 100 crore will be utilised for funding the repayment/ pre-payment, in full or in part, of certain outstanding borrowings availed by the company, Rs 225 crore in investment in its wholly owned material subsidiaries,  Runwal Residency Private Limited and Evie Real Estate Private Limited, for repayment/ pre-payment, in full or in part, of all or a portion of certain of their outstanding borrowing, funding acquisitions of future real estate projects and general corporate purpose.


The issue is being made through the book-building process, in line with SEBI ICDR Regulations, with not more than 50% reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for Retail Individual Investors (RIIs).

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