About Company
Kalpataru Limited is an integrated real estate development company with over 113 completed projects across Mumbai, Thane, Panvel, Pune, Hyderabad, Indore, Bengaluru, and Jodhpur.
Specializing in luxury, premium, and mid-income residential, commercial, and retail developments. we manage all aspects of real estate development, from land acquisition to design, construction, and sales.
Kalpataru Limited (IPO details):
| IPO Date | 24 June 2025 to 26 June 2025 |
| Offer Price | 387 to 414 per share |
| Lot Size | 36 Share |
| Max Retail Subscription (In Rs.) | 5 lakhs |
| Face Value | 10 per share |
| Issue Size (In Cr.) | 1591.73 to 1702.78 |
| Fresh Issue (In Cr.) | 1590 |
| Issue Type | Book Building |
| Listing In | NSE, BSE |
Kalpataru Limited (IPO Schedule):
| IPO Open Date | 24 June 2025 |
| IPO Close Date | 26 June 2025 |
| UPI Mandate deadline | 26 June 2025 (5 PM) |
| Allotment Date | 27 June 2025 |
| Refund Initiation | 30 June 2025 |
| Demat Transfer | 30 June 2025 |
| Listing Date | 01 July 2025 |
| Mandate End | 11 July 2025 |
Financial Information of Kalpataru Limited IPO
| Financial End | March 2022 | March 2023 | March 2024 | December 2024 |
| Revenue (In Cr.) | 1000.67 | 3633.18 | 1929.98 | 1699.49 |
| Profit After Tax (In Cr.) | -122.55 | -226.79 | -113.81 | 5.51 |
| Total Assets (In Cr.) | 13410.57 | 12540.77 | 13879.43 | 15562.35 |
Objective of Kalpataru Limited IPO
| Purpose | In Cr. | Percentage (%) |
| Repayment/prepayment of borrowings | 1192.5 | 75% |
| General Corporate Purposes | – | |
List of Promoters
- Mofatraj P. Munot
- Parag M. Munot
Prospectus of Kalpataru Limited IPO
| Address of Kalpataru Limited |
| Kalpataru Limited 91, Kalpataru Synergy, Opposite Grand Hyatt, Santacruz (East), Mumbai 400 055, Maharashtra, India Tel: +91 22 3064 5000 Email: investor.cs@kalpataru.com Website: www.kalpataru.com |
| Kalpataru Limited IPO Registrar |
| MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) Telephone: +91 810 811 4949 Email: kalpataru.ipo@in.mpms.mufg.com |
Kalpataru Limited IPO Lead Manager
- ICICI Securities Limited
- JM Financial Limited
- Nomura Financial Advisory and Securities (India) Private Limited
According to Zerodha, Kalpataru Limited has the following advantages & disadvantages.
Advantages
- Ranks 5th in MCGM and 4th in Thane for units supplied (2019-2023).
- Operates in diverse micro-markets, resilient to market changes.
- Follows an integrated model for real estate development.
- Leverages expertise from Kalpataru Group association.
- Senior management averages 20+ years of experience.
Disadvantages
- Economic, regulatory, and political changes could significantly impact the company.
- Faces challenges in securing land due to limited supply, competition, and regulations.
- Long gestation periods and project delays could affect financial performance.
- Two planned projects lack full land acquisition, potentially affecting development.
- Reliance on financial instruments and borrowing facilities poses cash flow risks.