Runwal Enterprises IPO fully subscribed on final bidding day
Runwal Enterprises’ 5 billion rupee ($52.1 million) IPO was fully subscribed on the final day, with bids for 15 million shares versus 12.11 million shares on offer as of 12:25 p.m. IST. The IPO is entirely fresh shares with a 290-305 rupee price band and proceeds for debt repayments and future real estate acquisitions.
1 million) initial public offering was fully subscribed on the final day of bidding, exchange data showed. m. IST. 60 times.
The IPO consists entirely of fresh shares, with a price band of 290-305 rupees per share. Proceeds are intended for debt repayment and funding acquisitions for future real estate projects. 0700 Indian rupees.