Bridge Water Realty LLP vs Runwal Developers Ltd, Company and Ors. — arbitration over JV development rights at Village Lohegaon, Pune; Claimant seeks declaratory, monetary and injunctive reliefs aggregating approximately ₹8,323.73 million plus interest and damages; Section 17 interim application pending
Runwal Enterprises IPO
Runwal Enterprises IPO is a mainboard IPO raising ₹500 Cr at ₹290 – ₹305 a share. It listed on 5 Oct 2026 at ₹305, 0.0% against its issue price of ₹305, and trades at ₹206 today (−32.4% since issue). It was subscribed 2.50× in total.
2.5 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
What’s in court
The issuer’s own summary of outstanding legal proceedings — SEBI requires this table in every prospectus. Counts and amounts are as disclosed; the disclosed aggregate at stake is ₹685 Cr.
| Against | Criminal | Tax | Other material | Amount at stake |
|---|---|---|---|---|
| The company | 2 | 6 | 8 | — |
| Promoters | 2 | 6 | 0 | ₹6.3 Cr |
| Directors | 2 | 9 | 1 | ₹6.3 Cr |
| Subsidiaries | 11 | 7 | — | — |
| Group companies | — | 1 | — | ₹9.8 Cr |
Gammon India Ltd vs Company — arbitration over Runwal Greens civil/structural works; Claimant seeks ₹408.05 million; Company counterclaim of ₹2,086.00 million plus liquidated damages, expenses and loss of profit; tribunal mandate extended to 30-Nov-2026
Office of Principal Commissioner, CGST & Central Excise vs Company — SCN dated 26-Jun-2025 for FY 2018-19 and 2019-20 covering unreconciled taxable turnover of ₹10,503.79 million; demand of ₹1,890.68 million confirmed by order-in-original dated 30-Dec-2025 with equal penalty plus interest; writ pending before Bombay HC
Pratibha Industries Ltd vs Company — commercial arbitration under Section 11 of the A&C Act, 1996 over Runwal Greens work order; claim aggregating approx ₹182.57 million (statement of claim seeks ₹173.81 million plus 15% p.a. interest) including wrongful encashment of 12 bank guarantees aggregating ₹142.00 million
Neeraj Rameshwarkumar Jain vs Company and Promoter Subodh Subhash Runwal — criminal complaint before Metropolitan Magistrate Court, Mulund under IPC Sections 384, 406, 420, 506 and 120B alleging criminal conspiracy, extortion, cheating and dishonestly inducing delivery of property, criminal breach of trust and criminal intimidation
Part 1 of 11 of the Outstanding Litigation section. No SEBI-mandated summary table (counts + aggregate amounts by party) appears in this part; buckets reconstructed from individual case disclosures in Part 1. Amounts converted from ₹million to ₹crore (1 crore = 10 million). Company criminal=2 comprises 1 against (Neeraj Jain IPC complaint) and 1 by Company (defamation complaint against Neeraj Jain). Company tax=6 comprises 4 tax demands against Company (NEAC IT AY 2018-19 of ₹91.25 million; GST SCN FY 2018-19/2019-20 of ₹1,890.68 million; GST SCN FY 2018-19 ITC of ₹64.96 million; GST intimation FY 2024-25 corporate guarantee of ₹67.37 million) plus 2 writ petitions filed by Company challenging GST orders/notices (₹69.01 million and ₹205.58 million). Company other=8 comprises 6 material civil proceedings against Company (Gammon, Runwal Chestnut, Neeraj Jain consumer, Runwal Ebony, Pratibha, Bridge Water), the RERA matters (1 complaint + 5 appeals, amounts not quantifiable per disclosure [p488]) and 1 civil suit by Company (Freyssinet, ₹207.60 million). Promoter bucket limited to 1 criminal matter jointly with Company; no tax/civil against Promoter disclosed in this part. Directors bucket limited to 1 civil matter (Runwal Chestnut, against Lucy Roychoudhury and Ashutosh Navare Arvind, jointly with Company). Subsidiaries bucket reflects only Horizon Projects Private Limited (HPPL); no monetary claims quantified for HPPL matters in this part. Group Companies not discussed in this part.. Outstanding means unresolved — a listed case is an exposure, not a verdict.
Source documents
What the issuer and the exchanges published. Everything else on this tab is read out of these.
The full prospectus — business, financials, risk factors and litigation.
Which institutions were allotted shares before bidding opened, and how many.
Where physical applications could be submitted.
The issuer's own "basis of issue price": the earnings multiples it is asking for, and the peer companies it chose to compare itself against.
The full prospectus — business, financials, risk factors and litigation.