- Price Band fixed at Rs. 387 per equity share to Rs. 414 per equity share of the face value of Rs. 10 each (“Equity Shares”) of Kalpataru Limited (the “Company”)
- A discount of Rs. 38 per Equity Share is being offered to Eligible Employees Bidding in the Employee Reservation Portion.
- Bid/ Offer Opening Date – Tuesday, June 24, 2025, and Bid/ Offer Closing Date – Thursday, June 26, 2025
- Anchor Date – The Anchor Investor Bidding Date is one working day prior to Bid/ Offer opening date, being Monday, June 23, 2025
- Bids can be made for a minimum of 36 Equity Shares and in multiples of 36 Equity Shares thereafter
Mumbai-based real estate heavyweight Kalpataru Limited is set to launch its Initial Public Offering (IPO) on Tuesday, June 24, 2025, marking a significant milestone in the company’s growth journey. Known for its expansive presence across all key micro-markets in the Mumbai Metropolitan Region (MMR), Kalpataru is one of the leading developers shaping the city’s skyline.
The IPO comprises a fresh issue of equity shares aggregating up to ₹1,590 crore. This capital infusion is expected to further bolster the company’s development portfolio and expansion strategies in MMR’s high-demand residential and commercial real estate segments.
Key IPO Details:
- IPO Opening Date: Tuesday, June 24, 2025
- IPO Closing Date: Thursday, June 26, 2025
- Anchor Investor Bidding: Opens Monday, June 23, 2025
- Price Band: ₹387 to ₹414 per equity share
- Lot Size: Investors can bid for a minimum of 36 equity shares and in multiples thereof
Industry experts anticipate strong investor interest, given Kalpataru’s robust brand legacy, strategic land bank, and consistent execution track record. The move to go public is seen as a strategic step to tap into rising urban housing demand and reinforce its leadership in the real estate sector.
About Kalpataru Limited:
With decades of experience and a reputation for high-quality developments, Kalpataru has been instrumental in redefining urban living across the MMR. The IPO is expected to enhance financial flexibility and accelerate upcoming projects across residential, commercial, and mixed-use categories.
Stay tuned for more updates as Kalpataru Limited prepares to make its public market debut.
