Kalpataru's Q4 profit dips 42 per cent Y-o-Y but pre-sales jump 79 per cent to Rs 1,724 crore and revenue rises 21 per cent, driven by sales and project launches
Industrial listings see strong investor response while real estate debuts Kalpataru and Raymond Realty deliver modest or flat returns despite strong sectoral interest
Post listing, Kalpataru shares were trading at ₹427.9, up 3.36 per cent from the listing price at the NSE
The company operates as an Engineering, Procurement, and Construction (EPC) entity in the power T&D and civil infrastructure sectors
Investors can check their allotment status through the official websites of the stock exchanges, BSE and NSE, or via MUFG Intime India
Kalpataru IPO sees modest interest; Ellenbarrie and Global Civil Projects attract overwhelming demand from institutional and HNI segments on final day
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
Ahead of the opening of the issue, Kalpataru has already raised ₹708 crore from nine anchor investors
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
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 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 International shares rose 7 per cent on Monday, after the company and its subsidiaries landed fresh orders worth ₹3,789 crore
The initial uptick in the Kalpataru Projects share price came after the company revealed that it has bagged orders with Rs 621 crore.
Kalpataru Ltd. also pointed out that it is in the process of taking further legal action against the group for misusing its trademark
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
Shares of Kalpataru Projects extended gains to seventh-day while they have fallen 22 per cent this year
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 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 ...
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
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