The IPO will close on Thursday, June 26, 2025, while the Anchor Investor bidding will open a day earlier, on Monday, June 23, 2025. Investors can place bids for a minimum of 36 equity shares and in multiples thereof.

IPO Structure & Key Details:

• Fresh Issue Size: ₹1,590 crore
• Face Value: ₹10 per equity share
• Employee Discount: ₹38 per equity share for eligible employees
• Listing: Shares will be listed on BSE and NSE

Use of Proceeds:

Kalpataru Limited plans to utilize the net proceeds for:

• Repayment or pre-payment of certain borrowings for itself and its subsidiaries
• General corporate purposes

Allocation Details (As per SEBI Regulations):

• QIBs (Qualified Institutional Buyers): Minimum 75% of the Net Issue
  • Up to 60% of QIB portion can be allocated to Anchor Investors
  • 1/3rd of Anchor portion reserved for domestic mutual funds
• Non-Institutional Investors (NIIs): Up to 15%
  • One-third for bids of ₹2–10 lakh
  • Two-thirds for bids above ₹10 lakh
• Retail Individual Investors (RIIs): Up to 10%
• Employees: Equity shares worth ₹15.9 crore reserved, with discount

All non-anchor categories will participate through the ASBA mechanism, with UPI payment for eligible categories.

Key Documents:

• Red Herring Prospectus (RHP)
• Price Band Ads: Financial Express, Jansatta

Lead Managers:

The Book Running Lead Managers (BRLMs) for the issue are:

• ICICI Securities Limited
• JM Financial Limited
• Nomura Financial Advisory and Securities (India) Private Limited

Also Read: Investment in real estate and IPO

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