[Fresh Issue ₹500 Cr + OFS NIL]

Runwal enterprises ipo price: ₹290–₹305 per share

Runwal Enterprises: History

The Company was originally incorporated as Propel Developers Private Limited, under the Companies Act, 2013, on February 17, 2016.

It was then converted into a public limited company on September 3, 2024, under a special resolution passed by the shareholders.

The Company changed its name to Runwal Enterprises Limited, and the RoC issued a fresh certificate of incorporation on October 4, 2024.

ALSO READ: A One Steels India IPO Review

Runwal Enterprises: Business

Runwal Enterprises is a real estate developer present across the full spectrum of real estate development in Mumbai, India.

The company specializes in residential projects that cater to affordable, mid-income, and luxury segments, as well as,

• Commercial spaces,
• Retail malls, and
• Educational buildings.

In the eastern suburbs submarket of Mumbai (Bhandup, Ghatkopar, Kanjurmarg, Mulund, Vikhroli, and Powai), the company ranked first (in sales and new launches), achieving market shares of 9.84% and 11.40%, respectively, between January 2019 and September 2024.

The Company’s experience includes greenfield projects requiring land acquisition, as well as flexible and asset-light models, such as joint development agreements.

Project Portfolio

As of March 31, 2026, the company’s portfolio included 19 completed projects, 28 ongoing developments, and 33 upcoming projects.

Network

The Company has in-house expertise across design and architecture, construction management, sales and marketing, customer care and post-sales services, supported by tie-ups with reputed design and architecture firms.

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Strategies Ahead

Continued focus on Mumbai.

Pursue asset-light growth opportunities through redevelopment, joint ventures, and joint development projects.

Focus on all segments of residential projects while selectively developing retail, commercial, and other projects.

Expand the use of IT driven processes.

Company Promoters

1. Subodh Subhash Runwal

Refer to Runwal Enterprises DRHP for more details.

IPO Detail

ipo date: 25 – 29 Sept 2026

Minimum Amount: ₹14,945

Minimum Bid: 49 Shares

Face Value: INR 2 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

ICICI Securities

Jefferies India

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends a ‘SUBSCRIBE’ rating (keeping a long-term view in mind) for the Runwal Enterprises IPO.

Do come back to learn more about “upcoming IPOs”.

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Disclaimer: This article is purely for informational purposes.

While much time and effort is made to provide the information, I (Vishal Dalwadi) or FinBlab do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Runwal Enterprises IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue ₹210 Cr + OFS NIL]

Veegaland developers ipo price: ₹130–₹140 per share

Veegaland Developers: History

The Company was originally incorporated as Vintes Solutions Private Limited, a private limited company under the Companies Act, 1956, on August 10, 2007.

It was then converted into a public limited company on September 30, 2025, under a special resolution passed by the shareholders.

The Company subsequently changed its name to Veegaland_Developers_Limited, and the RoC issued a fresh certificate of incorporation on November 6, 2025.

ALSO READ: Anthem Biosciences Ltd (Value Pick Stock September 2026)

Veegaland Developers: Business

Veegaland Developers Ltd is a real estate development company engaged in planning, developing, and selling multi-storied residential apartment projects in the state of Kerala, India.

The Company develops –

• mid-premium,
• premium,
• ultra-premium,
• luxe-series, and
• ultra-luxury residential projects

The Company operates under the brand name Veegaland Homes and, as of this date, it has undertaken projects in Kochi, Thiruvananthapuram, Kozhikode, and Thrissur in the state of Kerala, India.

According to the ICRA Report, Veegaland ranked as Kerala’s fastest-selling real estate developer and is also one of the recognised residential real estate developers in the state of Kerala.

Veegaland is part of the V-Guard Group, which traces its origins to 1977, when Kochouseph Thomas Chittilappilly, established V-Guard Industries for the manufacture of voltage stabilisers.

Project Portfolio

As of June 30, 2026, the company had 25 projects (comprising approximately 34.24 lakh sq. ft. of saleable area).

10 completed projects,

12 ongoing projects, and

3 upcoming projects

Company Promoters

1. Kochouseph Thomas Chittilappilly,
2. Chittilappilly Trust

Refer to Veegaland Developers Limited DRHP for further information.

IPO Detail

ipo date: 10 Sept – 15 Sept 2026

Minimum Amount: ₹14,980

Minimum Bid: 107 Shares

Face Value: INR 10 per share

Listing On: NSE, BSE

Financial

Book Running Lead Manager

Cumulative Capital

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends a ‘SUBSCRIBE‘ rating (keeping a long-term view in mind) for the Veegaland Developers IPO.

Do come back to learn more about “upcoming IPOs”.

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Disclaimer: This article is purely for informational purposes.

While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Veegaland Developers IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue 1590 crore + OFS NIL]

Kalpataru ipo price is INR 387 – 414 per share

Kalpataru: History

The Company was originally incorporated as Kalpataru Homes Private Limited as a private limited company under the Companies Act, 1956, under a certificate of incorporation dated December 22, 1988.

The Company was converted into a public limited company by the BOD (and a special resolution passed by Shareholders at the EGM) on January 28, 2008. The name of the Company was changed to Kalpataru Limited, and a fresh certificate of incorporation was issued by the RoC on February 1, 2008.

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Kalpataru: Business

Kalpataru is an integrated real estate development company (backed by the 55-year-old Kalpataru Group) involved in all key activities associated with real estate development, starting from the identification and acquisition of land, planning, designing, execution, sales, and marketing of the projects.

The Company focuses on developing luxury, premium, and mid-income residential, commercial, and retail projects, integrated townships, lifestyle gated communities, and redevelopments.

Kalpataru is a prominent integrated real estate development company with a strong footprint in the MMR – Mumbai Metropolitan Region (Maharashtra, India).

The Company is the 5th largest developer in the MCGM area in Maharashtra and the 4th largest developer in Thane (Maharashtra, India) in terms of units supplied from the calendar years 2019 to 2023, according to Anarock Report.

Completed Projects

As of March 31, 2024, the company had 113 completed projects aggregating more than 24.10 MSF (million square feet) of Developable Area in Mumbai, Thane, Panvel, and Pune in Maharashtra, and Bengaluru, Indore, Hyderabad, and Jodhpur in the states of Telangana, Madhya Pradesh, Karnataka, and Rajasthan, respectively.

Strong Brand Equity

The Company operates in 75 countries with over 29,000 employees, Kalpataru leverages strong brand equity, in-house execution capabilities, and deep regional insight to drive sustained growth.

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Strategies Ahead

• Maintain focus on the MMR and Pune (Maharashtra) as well as pursuing opportunities in other high-growth cities.
• Completing and selling Ongoing Projects, Forthcoming Projects, and Planned Projects promptly
• Unlocking potential value in existing land reserves
• Growing real estate development business by entering into redevelopment,
• Joint venture and joint development projects with other landowners to develop their land
• Focus on all segments of residential projects while selectively developing retail, commercial, and other projects as part of mixed-use developments
• Create innovative, quality, green, and sustainable real estate developments

Company Promoters

1. Mofatraj P. Munot,
2. Parag M. Munot

IPO Details

Kalpataru Limited IPO date = 24 June to 26 June 2025

Minimum Amount = INR 14,904

Minimum Bid = 36 Shares

Face Value (FV) = INR 10

Listing On = NSE, BSE

Book Running Lead Managers

ICICI Securities Limited,

JM Financial Limited,

Nomura Financial Advisory and Securities (India) Pvt Ltd

Financials

CONCLUSION

FinBlab recommends ‘SUBSCRIBE‘ ratings on Kalpataru Limited IPO (keeping a long-term view in mind)

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Kalpataru IPO – Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.