Runwal Enterprises IPO Opens With Nearly Rs.500 Crore Issue

Runwal Enterprises has opened its IPO for public subscription on September 25. The real-estate company has fixed a price band of Rs.290–305 per share and is seeking to raise approximately Rs.499.83 crore through the issue.

The IPO consists entirely of a fresh issue of shares, with no offer-for-sale component. The issue is scheduled to remain open until September 29, adding another real-estate company to the current mainboard IPO calendar.

MT | Money Times

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