Runwal Enterprises IPO Allotment Confirmed Today
Runwal Enterprises IPO allotment status is set to be confirmed today, Sept. 30, with refunds for non-allottees scheduled for Oct. 1 and shares for successful bidders to be credited to Demat accounts the same day. The company’s initial public offering was subscribed 2.50 times on its final day of bidding on Sept. 29, receiving bids for 3,03,19,681 shares against the 1,21,11,294 shares offered.
Qualified Institutional Buyers (QIBs) saw a 3.89 times subscription, Non-Institutional Investors (NIIs) 3.94 times, and Retail Individual Investors (RIIs) 1.12 times. The offering’s price band ranged from Rs 290 to Rs 305 per share, with a book-building issue size of Rs 500 crore, including a fresh issue of 1.64 crore shares. Investors can check allotment status via BSE, NSE, or the issue registrar, MUFG Intime India Ltd.
Checking Allotment Status
To verify Runwal Enterprises IPO allotment on BSE, visit the BSE IPO allotment page, select “Equity” as the issue type, choose “Runwal Enterprises Limited” from the dropdown, enter the application number or PAN, complete the captcha, and click “Search.”
MUFG Intime’s website allows checks via PAN, application number, DP/Client ID, or account number/IFSC after selecting “Runwal Enterprises Ltd. – IPO” from the dropdown.
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The allotment finalization today marks a critical step toward its public listing, enabling investors to confirm their share allocations and proceed with account crediting.
Listing Date and Market Expectations
Runwal Enterprises shares are slated to list on the BSE and NSE on Oct. 5. As of 8:00 a.m. on Sept. 30, the grey market premium (GMP) for the offering stood at Rs 2, according to InvestorGain. Based on this premium and the upper price band of Rs 305, the implied listing price is Rs 307, suggesting a 0.66% potential listing premium. However, GMP reflects speculative market sentiment rather than official data.
Investors are advised to review the red herring prospectus and consult financial advisors before making investment decisions, as IPO investments carry inherent market risks.
