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KALPATARU · NSE,BSE · Real Estate Development
Kalpataru IPO listed on 01 Jul 2025 on NSE,BSE at ₹414.00, a gain of 0.00% over the issue price of ₹414.00. The IPO was subscribed 2.26x overall.
Kalpataru IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 24 Jun 2025 |
| IPO Close Date | 26 Jun 2025 |
| Basis of Allotment | 27 Jun 2025 |
| Initiation of Refunds | 30 Jun 2025 |
| Credit of Shares to Demat | 30 Jun 2025 |
| Listing Date | 01 Jul 2025 |
Listing day gain
+0%
Listed at ₹414 (issue ₹414)
Issue
₹414
Listing
₹414
Current
₹432.95
+4.58% vs issue
Day range
₹414 – ₹452.8
Issue Size
38,424,456 shares
(aggregating up to ₹1,590.00 Cr)
Issue Price
₹387 – ₹414
Face Value
₹10/share
Market Lot
36 shares
Retail Min Investment
₹14,904
Listing At
NSE,BSE
Sale Type
fresh issue
Fresh Issue
38,424,456 shares
(aggregating up to ₹1,590 Cr)
Offer for Sale
[.]
Issue Type
book building
Open Date
24 Jun
Close Date
26 Jun
Allotment
27 Jun
Listing
01 Jul
Last updated: 1 year ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 01 Jul 2025 Latest | ₹414 | ₹1.5 | ₹415.5 | ₹1.5 |
0.36%
|
12:00 AM |
| 30 Jun 2025 | ₹414 | ₹1.5 | ₹415.5 | ₹1.5 |
0.36%
|
12:00 AM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 26 Jun 2025
| Category | Subscribed (x) |
|---|---|
| QIB | 3.12x |
| NII | 1.31x |
| bNII (bids above ₹10L) | 1.58x |
| sNII (bids below ₹10L) | 0.76x |
| Retail Investors | 1.29x |
| Employees | 0.7x |
| Total | 2.26x |
Showing the latest subscription snapshot.
View full subscription historyMofatraj P.Munot and Parag M.Munot are the promoters of the company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 36 | ₹14,904 |
| Retail (Max) | 13 | 468 | ₹193,752 |
| S-HNI (Min) | 14 | 504 | ₹208,656 |
| S-HNI (Max) | 67 | 2,412 | ₹998,568 |
| B-HNI (Min) | 68 | 2,448 | ₹1,013,472 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only employee | 2 | No |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 28,516,306 (74.18%) |
|
•
Anchor Investor Shares Offered
|
17,109,783 (44.51%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
11,406,523 (29.67%) |
| NII (HNI) Shares Offered | 5,703,260 (14.83%) |
|
•
bNII > ₹10L
|
3,802,174 (9.89%) |
|
•
sNII < ₹10L
|
1,901,086 (4.94%) |
| Retail Shares Offered | 3,802,173 (9.89%) |
| Employee | 422,872 (1.10%) |
| Total Shares Offered | 38,444,611 (100.00%) |
Kalpataru Limited was incorporated in 1988 and is headquartered in Mumbai, Maharashtra. It works in the real estate development sector.
The company is an integrated real estate developer engaged in the identification and acquisition of land or development rights, planning, designing, execution, sales, and marketing of residential, commercial, and retail properties along with integrated townships, and also undertakes redevelopment of housing societies. As of March 31, 2024, it had 40 ongoing projects and had completed 70 projects, with operations concentrated in the Mumbai Metropolitan Region and a presence in cities including Pune, Thane, Bengaluru, Hyderabad, Indore, and Jodhpur. Residential projects accounted for 97.39% of sales in FY24. The company is part of the Kalpataru Group, which also includes Kalpataru Projects International Limited and Shree Shubham Logistics Limited. The promoters are Mofatraj P. Munot and Parag M. Munot, with Parag M. Munot serving as Managing Director.
The company reported a net loss of Rs 113.81 crore in FY24, compared with a net loss of Rs 226.79 crore in FY23. The IPO was a mainboard issue entirely comprising a fresh issue of equity shares aggregating to Rs 1,590 crore, with no offer for sale component, at a price band of Rs 387 to Rs 414 per share, listed on the BSE and NSE. As per the RHP, net proceeds were proposed to be used for payment of debt and general corporate purposes.
Standalone · ₹ in Crores
| Particulars | FY Mar 2023 | FY Mar 2024 | FY Dec 2024 |
|---|---|---|---|
| Total Revenue | 3,716.61 | 2,029.94 | 1,699.49 |
| Profit After Tax (PAT) | -229.43 | -116.51 | 5.51 |
| EBITDA | -49.67 | -78.01 | 101.67 |
| Total Assets | 12,540.77 | 13,879.43 | 15,562.35 |
| Net Worth | 1,221.89 | 1,028.23 | 1,579.54 |
| Reserves & Surplus | - | - | - |
| Total Borrowing | 9,679.64 | 10,688.31 | 11,056.4 |
Revenue & Profit Trend
Key ratios per fiscal period
| Particulars | Mar 2024 |
|---|---|
| RoNW Return on Net Worth Shows the profit earned on the company's own net worth. Steady or rising over 3 years is a good sign. | -10.15% |
| EBITDA Margin Earnings Before Interest, Tax, Depreciation and Amortisation Margin Profit from the main business as a share of sales, before loan interest and tax. Compare it with other companies in the same industry. | -4.04% |
| P/BV Price to Book Value Tells you if the IPO price is above what the company actually owns. 1x to 3x is usually seen as reasonable. | 5.62x |
Issue-level · at the upper price band
| Particulars | Pre-IPO | Post-IPO |
|---|---|---|
| EPS Earnings Per Share Profit the company earns on each share. Post-IPO EPS is usually lower because the issue adds new shares. | ₹-6.96 | ₹0.36 |
| P/E Price to Earnings Tells you if the IPO price is fair for what the company earns. Compare it with listed companies in the same sector. | -59.52x | 1,160.05x |
| Market Cap Market Capitalisation What the whole company is valued at, at the upper price band. Post-IPO counts the new shares the issue creates. | ₹6,934 Cr | ₹8,915 Cr |
The basis of allotment for Kalpataru IPO was finalised on 27 Jun 2025. You can check your allotment status using your PAN number or application number on the MUFG Intime India Pvt.Ltd portal or BSE.
The Kalpataru IPO is expected to open in Jun 2025, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Kalpataru IPO is ₹387.00 - ₹414.00 per share.
As per market sources, Kalpataru IPO GMP is currently ₹1.50. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Kalpataru IPO stands at 2.26x overall.
The listing date for Kalpataru IPO is 01 Jul 2025.
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