IPO

Kalpataru Limited IPO

Mainboard

Residential, Commercial Projects

Listed On: Jul 1, 2025 at ₹ 414.0(NSE)

₹ 14904 /36 Shares

Check Allotment

24 Jun, 2025

Open Date

26 Jun, 2025

Close Date

27 Jun, 2025

Allotment Date

01 Jul, 2025

Listing Date
Price Summary

Last Closing

380.80 (-8.02%)

52 Week High

457.40

52 Week Low

345.80

Last Update

3-Nov-2025 3:30 PM
Kalpataru Limited IPO Issue Details
  • Issue Price ₹387-414 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 3,84,05,79,710 shares(aggregating up to ₹1590 crore)
  • Fresh Share 3,84,05,79,710 shares(aggregating up to ₹1590 crore)
  • Listing at BSE, NSE
  • List Price 414.0(NSE)
  • Listing Date 2025-07-01
  • Lead Manager ICICI Securities Limited
    Jm Financial Limited
    Nomura Financial Advisory And Securities (India) Pvt Ltd
  • Registrar MUFG Intime India Private Limited (Link Intime)
Market Lot Size

Investors can bid for a minimum of 36 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min) 136₹14,904
Retail(max)13468₹1,93,752
SHNI(min) 14504₹2,08,656
SHNI(max) 672,412₹9,98,568
BHNI(min) 682,448₹10,13,472
Kalpataru Limited IPO Reservation

Kalpataru Limited IPO offers total NA shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,NA (NA%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares OfferedNA (NA%)
QIB Shares OfferedNA (NA%)
NII (HNI) Shares OfferedNA (NA%)
bNII < ₹10LNA (NA%)
sNII < ₹10LNA (NA%)
Retail Shares OfferedNA (NA%)
Total Shares OfferedNA (NA%)
Kalpataru Limited IPO Documents
Kalpataru Limited IPO Details


Kalpataru Limited IPO is a book-built issue of ₹1590 crores, The total issue size is ₹1590 crores. The IPO of Kalpataru Limited is priced at ₹387-414 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Jun 24, 2025 and ends on Jun 26, 2025. The allotment for Kalpataru Limited IPO will be finalized on Jun 27, 2025. Kalpataru Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jul 1, 2025. The company shall list its equity shares on the BSE, NSE. MUFG Intime India Private Limited (Link Intime) is the registrar of the issue.

Retail investors can bid for a minimum of 36 shares, extendable to 14,904. S-HNIs will be able to bid for 504 shares at ₹2,08,656, while B-HNIs can also apply for a bid of 2,448 shares at ₹10,13,472. The book-running lead manager for the IPO is/are ICICI Securities Limited, Jm Financial Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd.

The total issue ₹1590 crore, comprising a fresh issue of 3,84,05,79,710 shares ₹1590 crore
The Kalpataru Limited IPO sets its price band at 387-414 for each share. A single application for Kalpataru Limited IPO must contain at least 36 shares. Sentiment investors need to invest a minimum of 36 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,904 In order to participate in the sNII, investors must purchase at least 14 lots of 504 shares for ₹2,08,656, while the bNII requires 68 lots of 2,448 shares for an investment of ₹10,13,472.

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Kalpataru Limited IPO Subscription Analysis And Details
Retail
1.29x
QIB
3.12x
NII
1.31x
bNII
1.58x
sNII
0.76x
Total
2.26x
As onQIBNII
bNII   sNII
RetailTotal
Shares Offered / Reserved1,14,06,52157,03,261
38,02,174    19,01,087
38,02,1742,13,34,828
Day 1 24-06-25 05:00 PM
0.00 x0.10
0.10 x   0.10 x
0.33 x0.09 x
Day 2 25-06-25 05:00 PM
0.17 x0.45
0.55 x   0.25 x
0.73 x0.35 x
Day 3 26-06-25 05:00 PM
3.12 x1.31
1.58 x   0.76 x
1.29 x2.26 x

Total No of Applications
1,19,270
Subscription on the basis of Applications
Retail:1.02x BHNI:0.15x SHNI:0.71x
Kalpataru Limited Valuations
EPS Pre IPO -₹6.96/-
EPS Post IPO ₹0.36/-
P/E Pre IPO -59.52
P/E Post IPO 1160.05
RoNW -9.80%
Price to Book Value 5.62
Kalpataru Limited Company Financials
In Crs.
In Cr.
31-Dec-2431-Mar-2431-Mar-2331-Mar-22
Assets15,562.3513,879.4312,540.7713,410.57
Revenue1,699.492,029.943,716.611,248.55
Profit After Tax5.51-116.51-229.43-125.36
Net Worth1,579.541,028.231,221.891,429.01
Total Borrowing11,056.4010,688.319,679.6410,365.97
About Kalpataru Limited Company

Kalpataru Limited, established in 1988, is a Mumbai-based real estate development firm.

It specializes in developing residential and commercial properties, retail spaces, and integrated townships in a variety of Indian cities, such as Mumbai, Thane, Panvel, Pune, Hyderabad, Indore, Bengaluru, and Jodhpur.

Kalpataru Limited is a subsidiary of the Kalpataru Group, consisting of Kalpataru Projects International Limited, Property Solutions (India) Private Limited, Shree Shubham Logistics Limited, and their respective subsidiaries, inter-alia.

The company has 40 ongoing projects and has delivered 70 projects as of March 31, 2024.

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Kalpataru Limited - Promoter(s)

Mofatraj P. Munot

Parag M. Munot

Pre Issue Share Holding : 100%

Post Issue Share Holding : 81.30%

Kalpataru Limited IPO - Issue Objectives
1

Repayment/pre-payment, in full or in part, of certain borrowings availed by: Company; and Subsidiaries

2

General corporate purposes.

Kalpataru Limited IPO - Anchor Investors

Kalpataru raises Rs 708 crore from anchor investors.

Marquee names that showed interest in the Kalpataru brand include the Government of Singapore, the Monetary Authority of Singapore, and GSS Opportunities Investment.

Domestic institutional investors such as SBI Mutual Fund, ICICI Prudential Mutual Fund, 360 ONE Special Opportunities Fund, Aditya Birla Sun Life Insurance Company, SBI General Insurance Company, Taurus Mutual Fund, and Ayushmat also participated in the anchor book.

Kalpataru Limited IPO - Peers Comparison
P/B RatioP/E RatioRoNWRevenue(in Cr.)
Kalpataru LimitedN/AN/A0.55%1,624
Oberoi RealtyN/A35.9113.91%4,495
Macrotech DevelopersN/A90.848.87%10,316
Godrej PropertiesN/A92.107.26%3,035
Sunteck RealtyN/A89.642.27%564
Mahindra LifespaceN/A56.715.25%212
Keystone RealtorsN/A56.976.24%2,222
Prestige EstatesN/A48.3112.17%7,877
Contact Details

Kalpataru Limited

91, Kalpataru Synergy,Opposite Grand Hyatt,

+91 22 3064 5000

investor.cs@kalpataru.com

http://www.kalpataru.com/

Registrar Contact Details