Latest news with #KalpataruIPO
News18
01-07-2025
- Business
- News18
Kalpataru Share Price: List Flat At Rs 414 On Market Debut; What Should Investors Do Now?
Last Updated: Kalpataru IPO debuted flat at Rs 414 on NSE and Rs 414.10 on BSE after a 2.26 times subscription. Kalpataru IPO: Shares of Kalpataru IPO made a flat debut on Tuesday, July 01, after receiving a subscription of 2.26 times. Shares were listed flat at Rs 414 per share on the NSE and a premium of 0.02 per cent on the BSE at Rs 414.10 per share. Post the listing, shares are up 3 per cent to trade at Rs 429 apiece on NSE. The initial public offering (IPO) of real estate developer Kalpataru Ltd closed on June 26. Investors put bids for 4,93,44,660 shares as against the 2,13,34,828 shares on offer. The retail and NII participation stood at 1.43 times and 1.40 times, respectively. Its qualified institutional buyer (QIB) category got a 3.12 times subscription. Kalpataru IPO Lot Size & Price Investors need to apply for a minimum of 36 shares or in multiple of that thereof. The price band of the IPO was in the range of Rs 387 to Rs 414 per share. Based on that, the minimum investment required to apply for the IPO is Rs 14,904. Kalpataru Shares: Should You Invest? Mahesh M. Ojha, Hensex Securities Pvt. Ltd. at AVP Research & Business Development, noted the company has a credible track record in the infrastructure and EPC space, with a diversified order book and international presence. However, concerns around execution timelines and sectoral headwinds may cap immediate enthusiasm on listing day. 'Investors may consider booking partial gains on listing, while those with a longer-term outlook may choose to hold, especially if they have confidence in the company's capacity to monetize its order book efficiently," he added. The company's IPO is entirely a fresh issue of equity shares worth Rs 1,590 crore with no offer for sale (OFS) component. It proposes to utilise funds for the payment of debt and general corporate purposes. Kalpataru Ltd raised Rs 708 crore from anchor investors a day ahead of the launch of its IPO for public subscription. Retail Individual Investors (RIIs) part got subscribed 72 per cent, while the non-institutional investors category received 45 per cent subscription. The quota for Qualified Institutional Buyers (QIBs) fetched 17 per cent subscription. About Kalpataru Ltd Mumbai-based Kalpataru focuses on the development of residential, commercial, retail and integrated township projects. It is also in the redevelopment of societies. Kalpataru is one of the leading real estate developers in the country with a significant presence in the Mumbai Metropolitan Region (MMR) in Maharashtra.
News18
01-07-2025
- Business
- News18
Kalpataru Share Price: IPO Makes Flat Debut At Rs 414 After 2.36 Times Subscription
Investors put bids for 4,93,44,660 shares as against the 2,13,34,828 shares on offer. Kalpataru IPO: Shares of Kalpataru IPO made a flat debut on Tuesday, July 01, after receiving a subscription of 2.26 times. Shares were listed flat at Rs 414 per share on the NSE and a premium of 0.02 per cent on the BSE at Rs 414.10 per share. Post the listing, shares are up 3 per cent to trade at Rs 429 apiece on NSE.
Mint
01-07-2025
- Business
- Mint
Kalpataru Share Price Live: GMP, experts hint a flat debut of shares
Kalpataru IPO listing date: Shares of the real estate developer Kalpataru Ltd is all set make its debut in the Indian stock market today. Kalpataru IPO listing is scheduled at 10:00 IST on the bourses today (Tuesday, July 1). Kalpataru shares will be a part of Special Pre-open Session (SPOS), as per BSE notice. Experts predict that the Kalpataru IPO expected listing price is likely to see slight gains compared to its issue price. Kalpataru IPO allotment status was finalised on Friday, June 27. Ahead of the listing, Kalpataru IPO GMP today is +1.5. This indicates Kalpataru share price was trading at a premium of ₹ 1.5 in the grey market, according to Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Kalpataru share price is indicated at ₹ 415.5 apiece, which is 0.36% higher than the IPO price of ₹ 414. Kalpataru IPO opened for subscription on Tuesday, June 24, and closed on Thursday, June 26. Kalpataru IPO subscription status on the last bidding day was 2.26 times. The company fixed a price band of ₹ 387 to ₹ 414 per share for its IPO. Kalpataru, based in Mumbai, specializes in the construction of residential, commercial, retail, and integrated township developments. The company is also involved in the redevelopment of housing societies. As one of the top real estate developers in India, Kalpataru holds a prominent position in the Mumbai Metropolitan Region (MMR) in Maharashtra. Mahesh M. Ojha, AVP Research & Business Development, Hensex Securities Pvt. Ltd, said that Kalpataru shares is expected to list with marginal gains over its issue price. The company has a credible track record in the infrastructure and EPC space, with a diversified order book and international presence. However, concerns around execution timelines and sectoral headwinds may cap immediate enthusiasm on listing day. While the pricing seems reasonable and supported by long-term fundamentals, the upside at listing is likely to be modest. Gaurav Goel, Founder & Director at Fynocrat Technologies noted that Kalpataru IPO saw a lukewarm response, with an overall subscription of just 2.31 times, showing that investors were cautious. Retail investors subscribed 1.43 times, QIBs showed slightly more interest at 3.12 times, and the NII category was subscribed 1.40 times. There is no active grey market premium, which means the stock may not see much gain when it lists. The IPO being offered by the company consists solely of a new issuance of equity shares valued at ₹ 1,590 crore, without any offer-for-sale (OFS) element. The funds raised will be allocated towards debt repayment and general corporate needs. ICICI Securities Limited serves as the book-running lead manager for the Kalpataru IPO, while MUFG Intime India Private Limited (Link Intime) has been appointed as the registrar for the offering. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
27-06-2025
- Business
- Mint
Kalpataru IPO share allotment: Latest GMP, how to check status online
Kalpataru IPO allotment: The allotment of Kalpataru's initial public offering (IPO) is likely to be finalised today, Friday, June 27. Investors can check their allotment status online through BSE, NSE, or the official portal of the registrar, MUFG Intime India Pvt Ltd (formerly Link Intime India Pvt Ltd. The ₹ 1,590 crore IPO was open for bidding between June 24 and June 26. The price band for the issue was set in the range of ₹ 387-414 per share. The company planned to credit the equity shares to the Demat accounts of investors who received allotment on Monday, June 30. Refunds for applications that were rejected were also scheduled to be processed on the same day. The Kalpataru IPO was set to be listed on the NSE and BSE on Tuesday, July 1, 2025. Step 1: Go to the IPO registrar website of MUFG Intime India Pvt Ltd. Step 2: From the selection menu, choose Kalpataru IPO. Step 3: To discover the status, pick a mode – click on PAN, Demat account, or application number. Step 4: Enter the required information, such as your application number, PAN, or Demat Account number. Step 5: Enter the 'captcha' to verify that you are not a robot. Step 6: Click 'submit' to view allotment status. Investors may also verify the allotment status of the Kalpataru IPO on the BSE and NSE website by entering their PAN and application number. The Kalpataru IPO is entirely fresh issue of 3.84 crore shares with no offer for sale component. The minimum lot size for an application was 36 shares, and the minimum investment required by retail investors was ₹ 14,904. The IPO received a satisfactory response, garnering 2.31 times subscription during the three-day bidding window. Investors placed bids for 4.93 crore shares against the 2.13 crore shares on offer. The retail investor segment achieved a subscription rate of 1.43 times, while the non-institutional investor (NII) category was subscribed 1.40 times. The highest demand came from Qualified Institutional Buyers (QIBs), with their portion being subscribed 3.12 times. The IPO secured ₹ 708.35 crore from anchor investors, with the anchor bidding conducted on June 23, 2025. Kalpataru Ltd planned to utilise the net proceeds from its IPO primarily for the repayment or pre-payment of select borrowings taken by the company and its subsidiaries, either in full or in part. A portion of the funds was also earmarked for general corporate purposes. ICICI Securities Limited, JM Financial Limited, and Nomura Financial Advisory and Securities (India) served as the book-running lead managers for Kalpataru IPO, while MUFG Intime India Private Limited (Link Intime) was the registrar for the issue. Kalpataru Limited, established in 1988 and headquartered in Mumbai, Maharashtra, is a prominent real estate development firm engaged in building residential and commercial properties, retail complexes, and integrated townships. The company has expanded its footprint across major Indian cities such as Mumbai, Thane, Panvel, Pune, Hyderabad, Indore, Bengaluru, and Jodhpur. The company functions under the broader Kalpataru Group, which includes Kalpataru Projects International Limited, Property Solutions (India) Private Limited, Shree Shubham Logistics Limited, and their respective subsidiaries. By March 31, 2024, Kalpataru was engaged in 40 ongoing projects and had completed 70 developments successfully. The IPO's grey market premium (GMP) today is ₹ 3 per share. This indicates an expected listing price of ₹ 417, a premium of just 0.72 percent from issue price.
News18
27-06-2025
- Business
- News18
Kalpataru IPO Allotment Today: A Step-By-Step Guide To Check Status Online, Know Latest GMP
Last Updated: The GMP of the Kalpataru IPO currently stands at 0.72%, indicating flat or negative listing. Kalpataru IPO Allotment Status, GMP: The initial public offering (IPO) of real estate developer Kalpataru Ltd has been closed, and the investors are now awaiting its allotment, which is expected to be finalised today, Friday, June 27. Investors will start receiving bank debit messages once the application is approved. They can also check the allotment status on the websites of the BSE, the National Stock Exchange (NSE), and registrar Link Intime. The Kalpataru IPO allotment will take place on today, June 27, most probably in the evening. The IPO allotment status can be checked online by following these steps: 1) Go to the official BSE website via the URL — 2) Under 'Issue Type', select 'Equity'. 3) Under 'Issue Name', select 'Kalpataru Ltd' in the dropbox. 4) Enter your application number, or the Permanent Account Number (PAN). 5) Then, click on the 'I am not a robot' to verify yourself and hit the 'Search' option. Your share application status will appear on your screen. You can also visit directly on the registrar Link Intime's portal — and check the Kalpataru IPO allotment status. According to market observers, the GMP of the IPO currently stands at 0.72%, indicating flat or negative listing. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. Kalpataru IPO Allotment Date & Listing Date The allotment is expected to be finalised today, Friday, June 27. Its listing is scheduled to take place on June 1 on both BSE and NSE. Kalpataru IPO: More Info The Kalpataru IPO was open between June 24 and June 26. It is entirely a fresh issue of equity shares worth Rs 1,590 crore with no offer for sale (OFS) component. It proposes to utilise funds for the payment of debt and general corporate purposes. On the final day of bidding on Thursday, the Rs 1,590-crore IPO received a 2.31 times subscription, garnering bids for 4,93,44,660 shares as against the 2,13,34,828 shares on offer. The retail and NII participation stood at 1.43 times and 1.40 times, respectively. Its qualified institutional buyer (QIB) category got a 3.12 times subscription. The price band of the IPO was fxed in the range of Rs 387 to Rs 414 per share. Kalpataru Ltd raised Rs 708 crore from anchor investors a day ahead of the launch of its IPO for public subscription. About Kalpataru Ltd Mumbai-based Kalpataru focuses on the development of residential, commercial, retail and integrated township projects. It is also in the redevelopment of societies. Kalpataru is one of the leading real estate developers in the country with a significant presence in the Mumbai Metropolitan Region (MMR) in Maharashtra. As per the latest red herring prospectus, the company sold properties worth Rs 2,727.24 crore during April-December of the last fiscal on strong demand for housing and commercial assets. The company sold properties worth Rs 3,201.98 crore in FY 2023-24. tags : initial public offering (IPO) IPO Location : New Delhi, India, India First Published: June 27, 2025, 10:47 IST News business » ipo Kalpataru IPO Allotment Today: A Step-By-Step Guide To Check Status Online, Know Latest GMP
