Kalpataru IPO allotment date: How to check status online on MUFG Intime India, NSE, BSE; step-by-step guide

Kalpataru IPO allotment date: The initial public offering of Mumbai-based real estate developer Kalpataru has ended with a subscription of 2.26 times, and the investors are now waiting for the allotment status to be finalised. The allotment details will be out on the portals of the NSE, the BSE and MUFG Intime India (formerly Link Intime).

The IPO had got 5,15,74,140 bids, as against 2,28,26,516 shares reserved, according to the NSE data. Qualified Institutional Buyers (QIBs) led the bidding with 3.12 times subscription, followed by non-institutional investors (NIIs) at 1.31 times subscription and retail investors at 1.29 times subscription.

The initial share was exclusively a fresh issuance of shares aggregating to ₹1,590 crore without an offer for sale component. The funds raised are proposed to be utilised for clearing debt as well as general corporate purposes.

The price band was ₹387-₹414 per share, and the application size was 36 shares.

Before the public issue, the company had secured ₹708 crore in the anchor round from investors including Bain Capital, GIC, SBI Mutual Fund (MF), Taurus MF, ICICI Prudential MF, Aditya Birla Sun Life Insurance, 360 ONE Group, SBI General Insurance, and Ayushmat Ltd.

Kalpataru develops commercial, residential, retail and integrated township projects.

How to check Kalpataru IPO allotment status online on NSE

• Visit the allotment details page of NSE: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Select 'Equity & SME IPO bid details'
• Under the 'Select Symbol' dropdown, choose 'KALPATARU'
• Mention your IPO application number and PAN
• Press the 'Submit' button

Steps to check Kalpataru IPO allotment status online on BSE

• Go to the bid finalisation website of BSE: https://bseindia.com/investors/appli_check.aspx
• Keep the issue type as 'Equity'
• Pick 'Kalpataru Ltd' from IPO names
• Fill in PAN or IPO application number
• After CAPTCHA verification, click on search

Kalpataru IPO allotment status online on MUFG Intime India: Step-by-step guide

• Visit MUFG Intime's allotment details page at https://in.mpms.mufg.com/Initial_Offer/public-issues.html
• From the 'Select Company' dropdown, pick 'Kalpataru'
• Fill in PAN, application number, DP/Client ID or Account no/IFSC
• Press the ‘Submit’ button

Kalpataru IPO listing date and time

Kalpataru Ltd's shares will make their stock market debut on the NSE and the BSE on July 1, at 10 am.

Kalpataru IPO GMP