Runwal Realty has filed for an IPO to raise up to ₹2,000 crore, including a fresh issue of ₹1,700 crore and an offer-for-sale of ₹300 crore. The Mumbai-based developer intends to utilize the net proceeds primarily for debt repayment and general corporate purposes, supporting its extensive project portfolio and future expansion plans across various segments.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets