Kalpataru IPO Day 3: Check GMP, Subscription Status & Key Highlights
The ₹1,590 crore Kalpataru IPO opened on June 24, 2025, and is scheduled to close today, 26 June 2025.
Kalpataru IPO: Issue Details
- Issue Size: Kalpataru IPO is a book-building issue of ₹1,590 crores, consisting entirely of a fresh issue of 3.84 crore equity shares with no offer-for-sale (OFS) component.
- Price Band: The company has set the price band between ₹387 and ₹414 per share.
- Book-running lead managers: ICICI Securities Limited, JM Financial Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd
- Registrar: MUFG Intime India Private Limited (Link Intime).
- Listing: The shares are proposed to be listed on the NSE and the BSE.
Kalpataru IPO Day 3: Subscription Details
[26-June-2025 5:00:00 PM]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers(QIBs) |
3.12 |
|
Non-Institutional Investors |
1.31 |
|
Retail Individual Investors(RIIs) |
1.29 |
|
Employees |
0.70 |
|
Total |
2.26 |
Read More : Kalpataru IPO Day 1 Subscription Status., Kalpataru IPO Day 2 Subscription Status
Utilisation of IPO Proceeds
The company aims to use the net proceeds from the fresh issue towards the following objectives.
- Pay outstanding borrowings
- General corporate purposes
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Kalpataru IPO GMP Details
As of 26 June 2025, Kalpataru IPO's GMP stood at ₹3. The expected listing price is ₹417, i.e., a 0.72% gain per share over the upper price band.
Source: Business Standard Report dated 26 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 provides real estate development services including land acquisition (or development rights), master planning, architecture and design, construction, project execution, and sales and marketing. They have a strong presence in the Mumbai Metropolitan Region (“MMR”) and also operate across all major micro-markets in the region.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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