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.