Kalpataru Limited, a well-known real estate developer in the Mumbai Metropolitan Region and Pune, has launched a ₹1,590 cr mainboard IPO from 24–26 June 2025. This post gives you comprehensive insights tailored for ipogyan.in readers.
📌 Kalpataru IPO Highlights
- Price Band: ₹387–₹414 per share :contentReference[oaicite:1]{index=1}
- IPO Open: June 24, 2025
- IPO Close: June 26, 2025
- Lot Size: 36 shares (~₹14,904 at upper band) :contentReference[oaicite:2]{index=2}
- Issue Size: ₹1,590 cr (fresh issue) :contentReference[oaicite:3]{index=3}
- Anchor Funding: ₹708 cr raised ahead of bidding :contentReference[oaicite:4]{index=4}
- Allotment Date: June 27, 2025
- Refund & Demat Credit: June 30, 2025
- Expected Listing: July 1, 2025 on BSE & NSE :contentReference[oaicite:5]{index=5}
🏢 About Kalpataru
Established in 1969, Kalpataru is a prominent developer focused on luxury, premium, and mid-income residential, commercial, retail, and township projects in MMR and Pune. As of Dec 2024, it oversees ~24.8 msf of ongoing projects and holds land reserves totaling 1,886 acres :contentReference[oaicite:6]{index=6}.
🔥 GMP & Subscription Update
- GMP: ₹5–₹9 (+1–2%) ahead of listing :contentReference[oaicite:7]{index=7}
- Subscription: Day 1: ~9% overall (retail 18%) :contentReference[oaicite:8]{index=8} Day 2: ~35% overall (retail 72%) :contentReference[oaicite:9]{index=9} Day 3: ~86% overall (retail 104%) :contentReference[oaicite:10]{index=10}
🎯 IPO Objectives
- Repay borrowings ₹1,193 cr of the company & subsidiaries :contentReference[oaicite:11]{index=11}
- General corporate purposes
🔍 How to Check Allotment Status of Kalpataru IPO
- Visit registrar MUFG Intime or BSE/NSE allotment portal.
- Select “Kalpataru Limited IPO”.
- Enter PAN, Application No, or Demat ID.
- Submit to view allotment results.
📲 How to Apply via Zerodha (Kite)
- Login → Console → IPO section
- Select “Kalpataru IPO”
- Enter UPI ID, 36 shares, bid at cut-off ₹414
- Submit & approve UPI mandate
📱 How to Apply via Paytm Money
- Open app → IPO tab → Select Kalpataru IPO
- Enter number of lots, price ₹414, UPI ID
- Submit & approve mandate
📈 How to Apply via Groww, Upstox & Angel One
- Login → IPO section → Select Kalpataru IPO
- Enter lots, bid price ₹414, UPI ID
- Submit and authorize UPI mandate
⭐ Tips to Increase Allotment Chances
- Bid at the upper band (₹414) for better chance
- Apply for minimum lot (36 shares)
- Use multiple Demat accounts if available
- Ensure early UPI mandate approval
- Apply early during subscription period
📚 Related IPO Posts
Disclaimer: This article is for educational purposes only. Investment in IPOs involves risks; please consult a financial advisor before investing.
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