Kalpataru Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹387 - ₹414
- Lot size
- 36 shares
- Issue amount
- ₹1,590 cr
- Total subscription
- 2.42×
- Opens
- 24 Jun 2025
- Closes
- 26 Jun 2025
- Allotment
- 27 Jun 2025
- Listing
- 1 Jul 2025
Offer at a glance
Issue overview
- Issue size
- 3,84,05,797 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹13,932
- Fresh issue
- ₹1,590 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,904
- Issue type
- Bookbuilding IPO
- Shares before issue
- 16,74,89,537
- Shares after issue
- 20,58,95,334
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 36 | ₹14,904 |
| sHNI | 14 | 504 | ₹2,08,656 |
| bHNI | 68 | 2,448 | ₹10,13,472 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 1,05,616 | 1,08,218 |
| HNIs(10L +) | 7,544 | 1,125 |
| HNIs (2-10L) | 3,772 | 2,668 |
| Employee | 0 | 3,386 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 472.23 | 1,573.83 |
| RETAIL | 157.41 | 218.04 |
| HNIs 2+ | 78.71 | 63.98 |
| HNIs 10+ | 157.41 | 266.07 |
| EMPLOYEES | 17.51 | 13.25 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 0.62 | -7.41 | -14.56 |
| ROE | 0 | 0 | 0 |
| ROCE | 0.55 | -10.15 | -16.74 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Kalpataru Limited, established in 1988 and headquartered in Mumbai, Maharashtra, is a prominent real estate developer in India. The company focuses on developing residential and commercial properties, retail spaces, and integrated townships. It has a strong presence in cities such as Mumbai, Thane, Panvel, Pune, Hyderabad, Indore, Bengaluru, and Jodhpur. Kalpataru Limited is a part of the larger Kalpataru Group, which also includes Kalpataru Projects International Limited, Property Solutions (India) Private Limited, Shree Shubham Logistics Limited, and their subsidiaries. As of March 31, 2024, the company has successfully completed 70 projects and is currently working on 40 more. It is well-regarded for its quality construction, timely project delivery, and strong brand reputation in the real estate industry
Strengths
- Wide Market Coverage: Active in key areas of Mumbai and Pune with projects across different price segments
- Reliable Reputation: Strong brand image helps maintain consistent sales during project development
- Steady Growth Pipeline: Ongoing and upcoming projects ensure regular cash flow and future expansion
Risk factors
- Financial Loss Risk: Past and future losses could affect financial stability and share value
- Location Concentration: Dependence on Mumbai and Pune raises risk from regional challenges
- Land Challenges: Pending land acquisition may slow down or halt major projects
Promoters
Mofatraj P. Munot
Parag M. Munot
Registrar & documents
Lead manager
ICICI Securities Limited, Jm Financial Limited, Nomura Financial Advisory, Securities (India) Private Limited, Securities (India) Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Kalpataru Limited 91, Kalpataru Synergy, Opposite Grand Hyatt, Santa Mumbai, Maharashtra
+91 22 3064 5000
[email protected]Company website ↗Understanding KALPATARU IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.