• IPO proceeds allocation: Runwal Enterprises is raising ₹500 crore in a primary issue priced at ₹290–305 per share, utilizing 65% (₹350 crore) to pay down debt and 35% for general corporate purposes and acquisitions.
• Debt reduction target: Consolidated gross debt of approximately ₹2,400 crore will decline by about ₹550 crore to roughly ₹2,000 crore post-IPO, supported by IPO proceeds and a ₹200 crore conversion by HDFC Capital.
• Operational growth metrics: Pre-sales have reached around ₹2,500 crore with 25% year-on-year growth and an 85% sales-to-collection conversion rate, while annual project deliveries doubled to 2 million square feet.
• Margin expansion strategy: Core EBITDA margins have expanded to approximately 25% as the company shifts its product mix from affordable housing toward mid-market and luxury projects.
• Large-scale project pipeline: The portfolio spans about 75 million square feet, featuring a 175-acre Alibaug township with an estimated ₹20,000 crore GDV alongside major redevelopment projects in Mahalaxmi, Marine Drive, and Bandra.