Kalpataru Ltd.

KALPATARU

Equity

NSE

Min. Investment

3,87,000.00

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IPO Details

Bidding Dates

24 Jun 25 - 26 Jun 25

Lot Size

36

Price Range ₹

387 - 414

Exchange Status

N/A

Total Equity

0.00Cr

IPO Doc

IPO Timeline

Listing

--

Offer start

24 Jun 2025

Offer end

26 Jun 2025

Allotment

27 Jun 2025

Refund initiation

30 Jun 2025

Demat transfer

30 Jun 2025

About Company

Incorporated in 1988, Kalpataru Limited is a well-established real estate development company headquartered in Mumbai, Maharashtra. The company is involved in the development of residential and commercial properties, retail spaces, and integrated townships across key Indian cities including Mumbai, Thane, Panvel, Pune, Hyderabad, Indore, Bengaluru, and Jodhpur. Kalpataru Limited operates as part of the larger Kalpataru Group, which has a global presence in 73 countries and employs over 27,000 people. Group companies include Kalpataru Projects International Limited, Property Solutions (India) Private Limited, and Shree Shubham Logistics Limited, among others. The company manages the entire real estate development lifecycle—from land acquisition and project planning to construction, sales, and marketing—positioning itself as a fully integrated real estate player. As of March 31, 2024, Kalpataru Limited has successfully completed 70 projects and is currently working on 40 ongoing developments. The company continues to focus on high-quality execution, timely delivery, and expanding its footprint in high-growth urban markets across India.

Year Founded

22-12-1988

Promotor Details

Mofatraj P Munot

Promoter Holdings Details

ParticularPre-IPOPost-IPO
Percentage1000
Share Capital1396500000
0

Project Details

  • Repay certain of our existing loans - 185cr
  • Acquisition of land through our Associate, Ananta - 294.21cr
  • Finance the construction and development costs of certain of our projects - 409.61cr
  • Repayment/pre-payment, in full or in part, of certain borrowings availed by - 11925cr

Objectives

  • Repayment/pre-payment, in full or in part, of certain borrowings availed by our Company and our Subsidiaries
  • andGeneral corporate purposes.

Highlights

  • Established track record with over three decades of experience in real estate development.
  • Presence across multiple high-growth cities including Mumbai, Pune, Hyderabad, and Bengaluru.
  • Backed by the Kalpataru Group, offering strong brand equity and financial support.
  • End-to-end project capabilities from land acquisition to sales, ensuring operational efficiency.
  • Large portfolio with 70 completed and 40 ongoing projects, showcasing execution capability.

Challenges

  • Weak profitability with consistent net losses over recent financial years.
  • High debt levels (₹11,056 crore as of Dec 2024) may strain future growth and cash flows.
  • Revenue volatility observed across financial years, indicating inconsistent project monetization.
  • Sectoral risks from regulatory changes, interest rate movements, and demand cycles in real estate.
  • Limited presence outside India despite group-level global operations.
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