Page 2 - Kalpataru

Kalpataru IPO subscribed 2.3x: Check allotment status, GMP, listing date

Investors can check their allotment status through the official websites of the stock exchanges, BSE and NSE, or via MUFG Intime India

Strong demand for Ellenbarrie, Global Civil; Kalpataru sees 2.3x bids

Kalpataru IPO sees modest interest; Ellenbarrie and Global Civil Projects attract overwhelming demand from institutional and HNI segments on final day

Kalpataru IPO sees muted demand; subscription lags at 35%, GMP nil

Kalpataru IPO subscription status Day 3: The portion reserved for retail individual investors was booked 72 per cent, followed by non-institutional investors at 45 per cent

Kalpataru invites bids for ₹1,590 cr IPO: GMP flat, should you subscribe?

Ahead of the opening of the issue, Kalpataru has already raised ₹708 crore from nine anchor investors

Kalpataru raises ₹708 crore through anchor allotment ahead of IPO

Kalpataru raises ₹708 crore via anchor investors including GIC, SBI MF and Bain Capital ahead of its ₹1,590 crore IPO, with proceeds earmarked for debt repayment

IPO-bound Kalpataru sells properties worth Rs 2,727 cr in Apr-Dec FY25

Real estate developer Kalpataru Ltd, which will launch Rs 1,590-crore IPO next week, sold properties worth Rs 2,727.24 crore during April-December of the last fiscal on strong demand for housing and commercial assets. The company sold properties worth Rs 3,201.98 crore in 2023-24, according to its updated red herring prospectus (RHP) filed with Sebi. The latest document has updates till the third quarter of the 2024-25 fiscal only. Mumbai-based Kalpataru focuses on the development of residential, commercial, retail and integrated township projects. It is also into the redevelopment of societies. The company has fixed a price band of Rs 387 to Rs 414 per share for its Rs 1,590 crore initial public offering (IPO), which will open for public subscription on June 24 and conclude on June 26. The bidding for anchor investors will open on June 23. The company's IPO is entirely a fresh issue of equity shares worth Rs 1,590 crore with no offer for sale (OFS) component. It proposes to util

Real estate giant Kalpataru eyes deleveraging amid ₹1,590 cr IPO

Real estate firm Kalpataru plans to repay borrowings using IPO proceeds, cash reserves and project sales, with debt ratio targeted to fall from 3.7x to below 2x

Kalpataru Projects shares jump 7% on securing ₹3,789 crore worth new orders

Kalpataru Projects International shares rose 7 per cent on Monday, after the company and its subsidiaries landed fresh orders worth ₹3,789 crore

Kalpataru Projects shares up on orders worth Rs 621-cr; pops 16% in 1 month

The initial uptick in the Kalpataru Projects share price came after the company revealed that it has bagged orders with Rs 621 crore.

Kalpataru denies ties to fraudulent group misusing name after ED statement

Kalpataru Ltd. also pointed out that it is in the process of taking further legal action against the group for misusing its trademark

ED attaches ₹6.17 crore properties linked to Kalpataru Group companies

According to an official statement, all the immovable properties are in the form of residential/commercial land and are situated at Mathura in Uttar Pradesh

Kalpataru Projects shares rise over 5% on ₹2,366 crore order win

Shares of Kalpataru Projects extended gains to seventh-day while they have fallen 22 per cent this year

Rs 2,306-cr order sends Kalpataru Projects share price 7% higher; details

The rise in the Kalpataru Projects share price came after it announced that the company, along with its international subsidiaries have secured new orders of Rs 2,306 crore

Kalpataru Projects gets Rs 2,300 cr new orders in India, international mkts

Kalpataru Projects International Ltd (KPIL) on Thursday announced securing new orders worth Rs 2,306 crore in the domestic as well the international markets, taking its total order book to Rs 22,500 crore. The international orders have been bagged by its transmission & distribution (T&D) business, while the buildings business has got orders in India, KPIL said in a statement. The company along with its international subsidiaries have secured new orders/notification of Rs 2,306 crore, it said. "The T&D business continues to remain robust with strong tendering activity globally on the back of rising power demand, rapid expansion of renewable energy and focus on improvement of grid infrastructure. "The order in the B&F business has helped us to further strengthen our market position. With these new orders, our order intake till date in FY25 has reached around Rs 22,500 crore, providing us with a good visibility of growth in the coming quarters," said Manish Mohnot, MD ...

Kalpataru Projects Q3FY25 results: Net profit flat at ₹141.96 cr

KPIL's Ebitda margin for Q3FY25 was recorded at 8.4 per cent, a slight decrease from 8.6 per cent in the corresponding period last year

Axis Sec sees 25% upside in Kalpataru Projects; stock rises 3% on coverage

Shares of Kalpataru Projects International Ltd (KPIL) rose 2.79 per cent at Rs 1,312 a piece on the BSE in Friday's intraday trade

Kalpataru Projects gains over 3% after securing orders worth Rs 1,011 cr

Shares of Kalpataru Projects International Ltd (KPIL) gained 3.3 per cent at Rs 1340.95 a piece on the BSE in Wednesday's intraday trade

Kalpataru Projects Int'l Q2 results: Net profit grows 40% to Rs 125.5 crore

Kalpataru Projects International Ltd (KPIL) on Monday reported about 40 per cent rise in consolidated net profit to Rs 125.56 crore in the September quarter aided by higher income. It had posted a net profit of Rs 89.89 crore in the July-September period of the preceding 2023-24 fiscal year, the company said in an exchange filing. Its total income rose to Rs 4,946.98 crore from Rs 4,530.49 crore in the year-ago period. The company's expenses were at Rs 4,758.96 crore as against Rs 4,398.06 in the same quarter of the previous fiscal year. During the quarter, the company signed binding agreements for the sale of Vindhyachal Expressway for enterprise value of Rs 775 crore. The deal is expected to close in FY26, subject to requisite approvals and closing adjustments. In the April-September period, the company posted a net profit of Rs 249 crore compared to Rs 239 crore in the year-ago period. The company's net debt stood at Rs 2,793 crore at the end of the second quarter. In a state

Kalpataru Projects to sell Vindhyachal Expressway for Rs 775 cr; shares up

Kalpataru Projects share rose after the company entered into a definitive agreement for sale of its entire 100% stake in Vindhyachal Expressway, a WOS, to Actis Atlantic for an est EV of Rs 775 crore.

Kalpataru Projects share up over 3% on Rs 1,241-cr order win; details here

The Kalpataru Projects International share rose after the company announced that it has been awarded new orders worth Rs 1,241 crore.