· Price Band fixed at ₹ 387 per equity share to ₹ 414 per equity share of the face value of ₹ 10 each (“Equity Shares”) of Kalpataru Limited (the “Company”)
· A discount of ₹ 38 per Equity Share is being offered to Eligible Employees Bidding in the Employee Reservation Portion.
· Bid/ Offer Opening Date – Tuesday, June 24, 2025 and Bid/ Offer Closing Date – Thursday, June 26, 2025
Chandigarh: Kalpataru Limited (the “Company”), one of the prominent real estate developers in the Mumbai Metropolitan Region of Maharashtra (MMR) and present across all its micro-markets in MMR, will open its initial public offering on Tuesday, June 24, 2025.
The Anchor Investor Bidding Date is one Working Day prior to Bid/Issue Opening Date, that is, Monday, June 23, 2025. The Bid/ Issue Closing Date will be on Thursday, June 26, 2025.
The Price Band of the Issue has been fixed from ₹ 387 per Equity Share to ₹ 414 per Equity Share. Bids can be made for a minimum of 36 Equity Shares and multiples of 36 Equity Shares thereafter.
The Issue consists of a fresh issue of up to such number of Equity Shares aggregating up to ₹ 15,900 million (the “Fresh Issue”).
The Company proposes to utilize the net proceeds from the Issue towards repayment/pre-payment, in full or part, of certain borrowings availed by the Company and the subsidiaries; and general corporate purposes.
ICICI Securities Limited, JM Financial Limited and Nomura Financial Advisory and Securities (India) Private Limited are the Book Running Lead Managers (BRLMs) to the Issue.
0 Comments 
