Mumbai, Sept. 25 -- The initial public offer of Runwal Enterprises received bids for 50,85,906 shares as against 1,21,11,294 shares on offer, according to stock exchange data at 17:00 IST on 25 September 2026. The issue was subscribed 0.42 times.

The issue opened for bidding on 25 September 2026 and will close on 29 September 2026. The price band of the IPO is fixed between Rs 290 and 305 per share. An investor can bid for a minimum of 49 equity shares and multiples thereof.

The offer comprises fresh issue of equity shares of Rs 2 each aggregating to Rs 500 crore. Of the net proceeds from fresh issue, the company intends to use Rs 100 crore towards prepayment or re-payment, in full or in part, of certain outstanding borrowings availed b...