Kalpataru Limited IPO

Kalpataru Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹387 - ₹414

Total Issue

₹1,590.00 Cr

Bid Dates

24 Jun - 26 Jun

Subscription

2.26x

Est. GMP

₹1 (0.24%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Kalpataru is a prominent and integrated real estate development company with a strong presence across all key micro-markets of the Mumbai Metropolitan Region (MMR). The co. is an actively involved in the complete real estate lifecycle—from identifying and acquiring land or development rights, to planning, designing, executing, marketing, and selling our projects. They have a diverse portfolio spans luxury, premium, and mid-income residential developments, commercial and retail spaces, integrated townships, lifestyle-oriented gated communities, and urban redevelopment projects, all aimed at delivering high-quality living and working spaces.

Lot Info

Lot Information for Kalpataru IPO
Category Lots Shares Amount
Retail (Min) 1 36 ₹14,904
Retail (Max) 13 468 ₹1,93,752
S-HNI (Min) 14 504 ₹2,08,656
S-HNI (Max) 67 2,412 ₹9,98,568
B-HNI (Min) 68 2,448 ₹10,13,472

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
4.23 Lac EQ Shares
Shareholder
₹0.00

Issue Size

Total ₹1,590.00 Cr
Fresh Issue
₹1,590.00 Cr (3.84 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of Issue

  1. Payment in full or in part of certain borrowings availed by Company
  2. General Corporate Purposes

Grey Market Premium

GMP ₹1
Est. Price ₹415
Est. Gain 0.24%

Kalpataru IPO Peer Comparison

(Rs. in crores)

Kalpataru IPO Peer Comparison Table
Particulars Kalpataru Oberoi Macrotech Godrej Suntech Mahindra Lifespace Keystone Prestige
Revenue from Ops (in Crs.) 1,929.98 4,495.79 10,316.10 3,035.62 564.85 212.09 2,222.25 7,877.10
EBITDA (In Crs.) -78.01 2,409.87 2,675.70 1,196.66 117.29 75.40 162.92 2,498.40
EPS - Basic -7.41 52.99 16.03 26.09 4.99 6.34 9.85 34.28
NAV per share 72.96 380.76 175.66 359.39 213.28 120.82 157.85 281.59
RONW NA 13.92% 8.87% 7.26% 2.27% 5.25% 6.24% 12.17%
EBITDA Margin -4.04% 53.60% 25.94% 39.42% 20.77% 35.55% 7.33% 31.72%
Price to earning (PE) NA 35.91 90.84 92.10 89.64 56.71 56.97 48.31
  • All information pertains to FY 2023-24.
  • PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of June 13, 2025 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Kalpataru IPO
Particulars Dec-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 1,624.74 1,929.98 3,633.18 1,000.67
Profit after Tax 5.51 -116.51 -229.43 -125.36
Net Worth 1,579.54 1,018.86 1,215.23 1,425.00
Total Borrowing 11,056.40 10,688.31 9,679.64 10,365.97
Total Assets 15,562.35 13,870.07 12,534.11 13,406.56
NAV per share (in ₹) 113.11 72.96 87.02 102.04
EPS - Basic (in ₹) 0.62 -7.41 -14.56 -8.92

KPIs

Adj EBITDA

23.25%

PE Ratio

NA

PB Ratio

5.67

Mkt Cap (in Crs.)

8,525.67

  • All the data pertains to FY 2023-24.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

100.00%

Public

0.00%

Mofatraj Munot 21.68%
Parag Munot 12.12%
Kalpataru Construction 11.02%
Others 55.18%

Management

Parag Munot Managing Director
Chandrashekhar Joglekar CFO

Registrar & Lead Managers

Subscription Status

Updated as on 26-Jun-2025 19:00:00

Mainboard Subscription Status for Kalpataru IPO
Category Sub (x) Offered Bids
QIB 3.33 1,14,06,521 3,80,15,100
NII 1.40 57,03,261 79,72,380
bHNI 1.69 38,02,174 64,26,900
sHNI 0.81 19,01,087 15,45,480
Retail 1.39 38,02,174 52,66,728
Employee 0.76 4,22,872 3,19,968
Total 2.42 2,13,34,828 5,15,74,176

Frequently Asked Questions

What is Kalpataru IPO?
Kalpataru IPO is a Mainboard IPO having an issue size of ₹1,590.00 Crs. Kalpataru IPO is priced at ₹387 - ₹414 per share. The issue opens on 24 Jun 25 and closes on 26 Jun 25.
When will Kalpataru IPO open?
Kalpataru IPO opens on 24 Jun 25 and closes on 26 Jun 25.
What is the GMP of Kalpataru IPO?
The estimated Grey Market Premium of Kalpataru IPO is ₹1 per share (0.24%).
What is the lot size of Kalpataru IPO?
The minimum lot size of Kalpataru IPO is 36 shares & the minimum application amount is Rs. 14904.
When is the allotment of Kalpataru IPO?
The allotment date of Kalpataru IPO is 27 Jun 25.
What is the listing date of Kalpataru IPO?
The listing date of Kalpataru IPO is 01 Jul 25.
What is the subscription of Kalpataru IPO?
Kalpataru IPO is subscribed 2.26 times.
What is the price band of Kalpataru IPO?
Kalpataru IPO is priced at ₹387 - ₹414 per share.
How to check allotment status of Kalpataru IPO?
Click the allotment link on Kalpataru IPO page of IPO360.
How to apply Kalpataru IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Kalpataru IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Kalpataru IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Kalpataru IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date