Shares opened at ₹305 on the NSE, flat with the IPO price, after a 2.64× overall subscription. Retail investors purchased 1.19× the allotment, while qualified institutional buyers and non‑institutional investors bought 4.10× and 4.14× respectively. The anchor book saw Tata Mutual Fund acquire 13.11 lakh shares for ₹40 crore, Maybank Securities buy 8.19 lakh shares for ₹25 crore, and Authum Investment & Infrastructure take 6.44 lakh shares for ₹19.6 crore.
The BSE session opened at ₹306, a 0.33% premium to the issue price, and the unlisted market showed no premium ahead of the listing. Runwal’s IPO price band was ₹290–₹305, and the company raised ₹500 crore at the upper end of the band.
Of the ₹500 crore raised, ₹100 crore will be used to retire ₹431.4 crore of standalone debt, while ₹225 crore will reduce borrowings in its subsidiaries Runwal Residency (₹286.5 crore) and Evie Real Estate (₹356.4 crore). The remaining proceeds will fund future acquisitions and general corporate purposes.
FY26 consolidated sales rose to ₹2,353.5 crore, up 24% from ₹1,899 crore in FY25, while the average selling price fell to ₹11,366 per sq ft from ₹11,754. Total saleable area expanded to 2.07 million sq ft from 1.62 million sq ft the previous year.
Runwal has not yet issued FY27 guidance; however, the company plans to deploy the IPO proceeds for debt reduction and growth projects, signalling a focus on financial consolidation before the next earnings cycle.