Kalpataru IPO Day 2: Check GMP, Subscription Status & Key Highlights

25 June 2025
2 min read
Kalpataru IPO Day 2: Check GMP, Subscription Status & Key Highlights
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Today is Day 2 of the Kalpataru IPO, which opened yesterday, 24 June 2025. The bidding window is scheduled to close on June 26, 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. 

Book running lead managers for the IPO are ICICI Securities Limited, JM Financial Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd, while MUFG Intime India Private Limited (Link Intime) is the registrar for the issue.

Kalpataru IPO Day 2 Subscription Status

[25-June-2025 10:27:00 AM]

Investor Category

Subscription (Times)

Qualified Institutional Buyers(QIBs)

Nil 

Non-Institutional Investors

0.13

Retail Individual Investors(RIIs)

0.44

Employees

0.22

Total

0.12

Click here to explore other Upcoming IPOs

Kalpataru IPO Day 1 Subscription Status

[24-June-2025 5:00:00 PM]

Investor Category

Subscription (Times)

Qualified Institutional Buyers(QIBs)

Nil 

Non-Institutional Investors

0.10

Retail Individual Investors(RIIs)

0.33

Employees

0.18

Total

0.09

Read More Kalpataru IPO Day 1 Subscription Status

Utilisation of IPO Proceeds

The net proceeds from the fresh issue will be used to

  • Repay/prepaycompany’s outstanding borrowings 
  • General corporate purposes 

Kalpataru IPO GMP Details

As of 25 June 2025, Kalpataru's IPO's GMP stood at ₹9. The expected listing gain is ₹423, i.e., a 2.17% gain per share over the upper price band. 

Source:  Business Standard Report dated 25 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.

Kalpataru Business Overview

Kalpataru is a fully integrated real estate development company. The company deals 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, 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.

To read the RA disclaimer, please click here

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