Kalpataru IPO allotment expected today. Check status, GMP and other details
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The allotment status for Kalpataru Limited 's Rs 1,590 crore IPO is expected to be finalised today, Friday, June 27, 2025. Investors who subscribed to the IPO between June 24 and June 26 can check their allotment status online once the registrar updates the records.The IPO, consisting entirely of a fresh issue of 3.84 crore equity shares, was priced in the range of Rs 387 to Rs 414 per share. Based on the latest grey market premium (GMP) of Rs 3, the estimated listing price is Rs 417, translating to a modest gain of 0.72% per share on listing.The minimum investment by retail investors was Rs 14,904 for one lot of 36 shares. Kalpataru also offered a Rs 38 discount per share to eligible employees under its reserved quota of 4.22 lakh shares. The issue received strong interest from institutional investors, raising Rs 708 crore from anchor investors on June 23.On the registrar's website (Link Intime):Visit: https://linkintime.co.in/initial_offer/public-issues.html Select 'Kalpataru Limited' from the dropdownEnter your PAN, Application Number, or DP/Client IDClick on 'Search' to view allotment detailsGo to: https://www.bseindia.com/investors/appli_check.aspx Select 'Equity' as issue typeChoose 'Kalpataru Limited' from the dropdownEnter your application number and PANShares allotted will be credited to demat accounts by June 30 and refunds for unallocated shares will be processed the same day. The stock is expected to list on BSE and NSE on July 1.Kalpataru, a prominent real estate developer, plans to use the IPO proceeds for repaying borrowings and general corporate purposes. Despite recent losses, its wide project base and backing by the Kalpataru Group have generated notable investor interest.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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