Runwal Enterprises IPO
Runwal Enterprises raised ₹149 crore from anchor investors ahead of an IPO valued at about ₹499.83 crore. SBI Securities assigned a Neutral rating, citing negative operating cash flows over the past three years and concentration risk.
Timeline
Friday, 25 September
- Runwal Ent IPO: Concentration risk, poor cash flows keep experts 'neutral'
SBI Securities assigned Runwal Enterprises IPO a 'Neutral' rating
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Thursday, 24 September
- Runwal Enterprises raises ₹149 crore from anchors ahead of ₹499.83-crore IPO
Anchor investors subscribed for ₹149 crore ahead of the offer
