India’s bustling IPO market gears up for another big listing as Kalpataru Projects International Ltd launches its ₹1,590 crore initial public offering (IPO) on June 24, 2025. The fresh issue by the real estate and infrastructure major is set to kick off a week filled with high-profile public offers, drawing keen interest from institutional and retail investors alike.
🏗️ Kalpataru Projects IPO: Key Details
IPO Opening Date: June 24, 2025
IPO Closing Date: June 26, 2025
Issue Size: ₹1,590 crore (Fresh Issue)
Price Band: ₹325 to ₹345 per share (expected)
Lot Size: 43 shares per lot
Listing Exchange: NSE & BSE
Expected Listing Date: July 1, 2025
💰 Grey Market Premium (GMP) Update
As of June 23, market observers report a GMP of ₹60–₹65, indicating a possible listing gain of 18–20% over the upper price band.
📈 About Kalpataru Projects International Ltd
Kalpataru Projects is a diversified infrastructure firm with interests in:
Real estate and commercial development
Power transmission and distribution
Railways and oil & gas pipeline projects
International infrastructure contracts
The IPO proceeds will be used for debt repayment, working capital needs, and general corporate purposes, further strengthening the company’s financial position ahead of its ambitious expansion plans.
🧠 Analyst Outlook
Brokerages are largely bullish on Kalpataru’s IPO, citing:
Strong execution track record
Healthy order book
Diversified revenue streams
Robust financials and promoter pedigree
The IPO also aligns with investor appetite for infrastructure and real estate plays amid India’s ongoing urbanization and capital expenditure boom.
❓ FAQ Section
Q1: When does the Kalpataru IPO open and close?
A: The IPO opens on June 24, 2025, and closes on June 26, 2025.
Q2: What is the Kalpataru IPO issue size?
A: The fresh issue is worth ₹1,590 crore.
Q3: What is the expected price band for the Kalpataru IPO?
A: The expected price band is ₹325–₹345 per share.
Q4: What is the current GMP of Kalpataru IPO?
A: As of the latest update, the Grey Market Premium (GMP) is around ₹60–₹65.
Q5: How will the funds from the IPO be used?
A: The proceeds will be used for debt repayment, working capital, and general corporate purposes.
Q6: Is Kalpataru IPO a good investment?
A: Analysts are optimistic due to the company’s strong fundamentals, diversified projects, and favorable industry outlook, but investors should assess risks and consult financial advisors before investing.
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Reported by Benny on June 23, 2025.
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