Shares of Mumbai-based real estate developer Kalpataru Ltd made a flat debut on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
KalpataruReal EstateIpoNseBseReal Estate MumbaiJul 01, 2025
The IPO price of Kalpataru Ltd shares was ₹414 per share.
Kalpataru Ltd raised ₹1,122 crore from its IPO.
A flat debut indicates that the market sentiment was cautious, and the stock opened at the same price as the IPO, reflecting a balanced view from investors.
Kalpataru Ltd has a diversified portfolio of projects across various cities in India, including residential, commercial, and infrastructure projects in Mumbai, Pune, and Hyderabad.
The IPO proceeds will be used to fund ongoing and upcoming projects, reduce debt, and strengthen the company's financial position.
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