Kalpataru IPO Day 1: Check GMP, Subscription Status & Key Highlights
The public subscription window for the Kalpataru IPO is open today, June 24, and will conclude on June 26. The company has raised ₹708 crore from its anchor investors on June 23, 2025.
Kalpataru IPO: Issue Details
Kalpataru IPO is a book-building issue of ₹1,590.00 crores, consisting entirely of a fresh issue of 3.84 crore equity shares. The price band is set between ₹387 and ₹414 per share. The basis of allotment will be finalised by June 27, 2025, and the tentative listing date on BSE and NSE is July 1, 2025.
Kalpataru IPO Day 1 Subscription Status
[24-June-2025 10:36:00 AM]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers(QIBs) |
Nil |
|
Non-Institutional Investors |
0.01 |
|
Retail Individual Investors(RIIs) |
0.08 |
|
Employees |
0.05 |
|
Total |
0.02 |
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Utilisation of IPO Proceeds
The net proceeds from the fresh will be used towards:
- Repayment/prepayment of the company’s outstanding borrowings
- General corporate purposes
Kalpataru IPO GMP Details
As of 24 June 2025, Kalpataru IPO’s GMP stood at ₹5. The estimated listing price is ₹419, i.e., a 1.21% gain per share over the upper price band.
Source: Business Standard Report dated 24 June, 2025
Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market.
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Kalpataru Business Overview
Kalpataru is a fully integrated real estate development company engaged in the entire spectrum of real estate development activities, including land acquisition (or development rights), master planning, architecture and design, construction, project execution, and sales and marketing.
Their portfolio is diversified across residential, commercial, mixed-use developments, and high-demand urban locations.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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