Archive · 26 Jun 2025
Kalpataru Limited IPO: Subscription Status and Market Sentiment
Kalpataru Limited is selling shares to the public through an IPO to raise money.
The offering started on Tuesday and will end soon.
The shares are priced between ₹387 and ₹414.
The company hopes to get ₹1,590 crore.
Investors' interest has been a bit low so far.
However, some investors are expecting a profit on their investment.
Financial analysts suggest to invest in this IPO due to the company's strong position in the ERW steel pipes and tubes market.
Kalpataru Limited launched its IPO on Tuesday, with the offering closing on June 26, 2025.
The IPO price band is set at ₹387 to ₹414 per equity share.
The company aims to raise ₹1,590 crore through fresh share issuance.
The IPO has seen a tepid response in the first two days, with 0.35 times subscription.
Market observers note a grey market premium (GMP) of ₹9, indicating potential investor interest.
- Who
- Kalpataru Limited, a real estate developer.
- What
- Kalpataru Limited launched an IPO to raise funds.
- When
- The IPO launched on Tuesday, and will conclude on June 26, 2025.
- Where
- Indian primary market
- Why
- To raise ₹1,590 crore from this public issue by issuing fresh shares.
Investor Perspective
Company Outlook
Investment Outlook
Investor Perspective
Some analysts are suggesting to subscribe the IPO based on company's growth potential.
Company Outlook
The market shows mixed response, with moderate subscription rates, hinting at the need for caution.
- IPO Price Band
- ₹387 - ₹414 per share
- Total Funds Aimed
- ₹1,590 crore
- GMP
- ₹9
- Subscription (Overall)
- 0.35 times
- Subscription (Retail)
- 0.73 times
- Listing Venue
- BSE, NSE
Sources
This Mumbai luxury developer is going public—should you bet on the IPO?
Globe Civil Projects enters day 2 on strong note
Kalpataru IPO subscribed 9% on Day 1
Kalpataru real estate IPO sees lukewarm response on day 2 despite strong anchor backing
Kalpataru IPO: Should you invest?
Globe Projects IPO subscribed 11x on day 2 so far, Kalpataru & Ellenbarrie lag; check latest GMPs
Mumbai-focused real estate companies trim debt after listing
HDB Financial Services IPO subscribed 37% at the end of day 1 - IPO News
Kalpataru IPO subscribed 35 percent on day 2; retail subscription at 72 percent
