Archive · 23 Jun 2025
Kalpataru Ltd Raises ₹708 Crore from Investors Before IPO
Kalpataru Ltd, a real estate developer, is launching an IPO to raise money.
Before the IPO starts, they got ₹708 crore from big investors.
The IPO will sell new shares at a price between ₹387 and ₹414 each.
They are aiming to raise about ₹1,590 crore.
The money will be used to pay off debts and for the company's general needs.
Major investors like GIC and Bain Capital are involved.
The company develops residential, commercial, and township projects.
Kalpataru Ltd raised ₹708 crore from anchor investors before its IPO.
The IPO price band is set between ₹387 and ₹414 per share.
The IPO will raise up to ₹1,590 crore through a fresh issue of equity shares.
Funds raised will be used for debt repayment and general corporate purposes.
Anchor investors include GIC, Bain Capital, SBI Mutual Fund, and ICICI Prudential Mutual Fund.
- Who
- Kalpataru Ltd, anchor investors like GIC and Bain Capital, and potential investors.
- What
- Kalpataru Ltd is launching an IPO and raised funds from anchor investors.
- When
- The IPO is scheduled to open on June 24 and conclude on June 26, 2025.
- Where
- The company's projects are primarily located in the Mumbai Metropolitan Region (MMR), Pune, Hyderabad, and Noida.
- Why
- To raise funds for debt repayment and general corporate purposes.
- Company
- Kalpataru Ltd
- IPO Amount
- ₹1,590 crore
- Anchor Investment
- ₹708 crore
- Price Band
- ₹387 - ₹414 per share
- IPO Launch Date
- June 24, 2025
- IPO Closing Date
- June 26, 2025
- Use of Proceeds
- Debt repayment and general corporate purposes
Sources
IPO GMPs: HDB Financial IPO vs Sambhv Steel Tubes IPO vs Globe Civil Projects IPO. What grey market signals?
Rupee and G-Sec markets to feel the ripple impact of West Asia war
Global tensions may test investor appetite during busiest IPO week of 2025
Dividend Stocks: Hindustan Unilever, Cipla, Vedanta, among others to trade ex-dividend next week; Full list
Indogulf Cropsciences IPO: Price band set at ₹105-111 per share; check issue details, key dates, more
HDB Financial IPO, India’s biggest NBFC issue opens June 25—Key dates, price band, and what investors need to know - IPO News
Indogulf Cropsciences IPO to open on June 26; check price band, issue size & more
Globe Civil Projects IPO Opens On June 24, Strong GMP Boosts Sentiment
Kalpataru IPO opens tomorrow: GMP, issue details, 10 key things to know
HDB Financial Services IPO: From business to key risks- check out 10 key things to know from RHP before investing
Globe Civil Projects IPO opens June 24: Check issue price, GMP and 7 other key factors before you subscribe
Globe Civil Projects IPO opens tomorrow. GMP, price, size, review, other details in 10 points
HDB Financial Services IPO Opens June 25: Price Band Set at Rs 700–740 Per Share
Indogulf Cropsciences Sets IPO Price Band At ₹105-111; Issue Opens June 26 To Raise ₹200 Crore
Kalpataru IPO Opens June 24 With Rs 1,590 Crore Fresh Issue, No OFS Involved In Realty Giant’s Listing
HDB Financial IPO: HDFC Bank shareholders quota, eligibility, maximum bid quantity & more
Kalptaru IPO Opens Soon—Here’s Why Investors Are Rushing In!
Not dependent on HDFC Bank for operational purposes: HDB Financial CEO
Kalpataru raises Rs 708 cr from anchor investors ahead of IPO
