Kalpataru
Listed
Listed
IPO Timeline
Issue open date
24 Jun 2025Issue close date
26 Jun 2025UPI mandate deadline
26 Jun 2025Allotment finalization
27 Jun 2025Refund initiation
30 Jun 2025Share credit
30 Jun 2025Listing date
1 Jul 2025Mandate end date
11 Jul 2025Lock-in end date for anchor investors (50%)
27 Jul 2025Lock-in end date for anchor investors (remaining)
25 Sep 2025Key Dates
Open
24 Jun 2025Close
26 Jun 2025Listing
1 Jul 2025Quick Stats
Issue Size:1590cr
Lot Size:36 shares
Issue Details
Issue Size:1590cr
Face Value:₹10
Listing At:BSE & NSE
Reservation
75%
QIB
15%
NII
10%
Retail
Additional Resources
About the Company
Kalpataru is a real estate company operating in the Mumbai Metropolitan Region (MMR) and Pune, Maharashtra. The company was established in 1969 and is affiliated with the Kalpataru Group, which has a multinational presence and operations in various infrastructure sectors such as EPC contracting, power transmission and distribution, oil and gas, railways, civil infrastructure, and facility management.
Strengths
- Ranks 5th in MCGM and 4th in Thane for units supplied (2019-2023).
- Operates in diverse micro-markets, resilient to market changes.
- Follows an integrated model for real estate development.
- Leverages expertise from Kalpataru Group association.
- Senior management averages 20+ years of experience.
Risks
- Economic, regulatory, and political changes could significantly impact the company.
- Faces challenges in securing land due to limited supply, competition, and regulations.
- Long gestation periods and project delays could affect financial performance.
- Two planned projects lack full land acquisition, potentially affecting development.
- Reliance on financial instruments and borrowing facilities poses cash flow risks.
Kalpataru IPO – Frequently Asked Questions
- The price band for the Kalpataru IPO is set at ₹387 to ₹414 per share.
- The Kalpataru IPO opens on June 24, 2025 and closes on June 26, 2025.
- The tentative listing date for the Kalpataru IPO is July 1, 2025.
- You can apply for the Kalpataru IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Kalpataru, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Kalpataru IPO is 36 shares. Investors must apply for at least one lot (i.e., 36 shares).