<ul><li>Real estate developer Runwal Enterprises Ltd. has filed preliminary papers with the Securities and Exchange Board of India for a Rs 1,000-crore IPO.</li><li>The IPO will consist of a fresh issue of shares and the proceeds will be utilized for repayment of borrowings, investment in subsidiaries, funding acquisitions, and general corporate purposes.</li><li>Runwal Enterprises is a leading real estate developer in Mumbai, operating across residential and commercial segments. It reported revenue of Rs 270.5 crore and a profit of Rs 25.5 crore for the period ended September 30, 2024.</li></ul>

Runwal Enterprises Files For Rs 1,000-Crore IPO

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