Kalpataru Limited is coming up with an IPO with a fresh issue of shares worth INR 159 crores. The company aims to repay borrowings and use funds for general corporate purposes. 

Kalpataru IPO – Important Dates 

Kalpataru Limited IPO – Company Profile 

Kalpataru Limited is an integrated real estate developer operating across key MMR markets, with 113 completed projects totalling 24.10 million square feet in cities like Mumbai, Thane, Pune, Hyderabad, Bengaluru, and more. 

The strength of the “Kalpataru” brand is rooted in trust, quality, and reliability, fostered by timely project delivery and a customer-focused approach. The brand name is licensed from Kalpataru Business Solutions Private Limited. 

Specializing in luxury, premium, and mid-income real estate, Kalpataru Limited develops residential, commercial, and retail projects with significant land reserves and an asset-light model through redevelopment, JV, and JDA projects. 

Kalpataru Ltd IPO Fundamental Analysis 

Kalpataru Limited’s financial analysis reveals a mixed performance. Revenue has shown significant growth, while equity and liabilities reflect potential expansion. Profitability, EPS, and financial position indicate positive trends despite a slight decline in RoNW. 

• Revenue Trend: The revenue increased from ₹10,006.73 lakhs in March 2022 to ₹36,331.82 lakhs in March 2023. The revenue for the current year’s 12-month period ending March 2024 is INR 19,299.84 lakhs.
• Equity and Liabilities: Liabilities have increased over the periods, reflecting potential growth and expansion. 
• Profitability: The profit after tax (PAT) has increased from ₹(1,215.49) lakhs in March 2022 to ₹(1,138.06) lakhs by March 2024. This improvement in profitability could be a source of confidence among investors. 
• Earnings per Share (EPS): The diluted EPS has risen from ₹(8.65) in March 2022 to ₹(7.21) by March 2024, reflecting higher earnings per share for investors. 
• Return on Net Worth (RoNW): The RoNW has reduced from (8.45)% to (9.80)%, indicating a decrease in the company’s ability to generate returns on shareholder equity. 
• Financial Position: Total assets have increased, suggesting potential business growth. 

Check out the other upcoming IPOs this month:

Kalpataru IPO Financial Analysis 

Kalpataru Limited IPO Peer Comparison 

Kalpataru Limited and prominent real estate developers like Oberoi Realty, Microtech, and Godrej Properties showcase substantial revenue, profitability, and asset growth, with varied earnings per share and return on net worth performance across companies. 

Kalpataru Ltd IPO Objective 

The main objective of Kalpataru Limited is to repay borrowings. 

1. Repayment/prepayment, in whole or in part, of certain borrowings availed by the company and their Subsidiaries: The company intends to utilize INR 1,192.5 crores of the net proceeds for repayment, prepayment, or redemption of borrowings, reducing outstanding debt, lowering finance costs, and improving the debt-to-equity ratio for future business growth. 

2. General Corporate Purposes: The company will deploy funds for general corporate purposes, including brand building, marketing efforts, funding growth opportunities, strategic initiatives, partnerships, subsidiary investments, and working capital requirements.

Kalpataru IPO Risks And Challenges 

Kalpataru Limited’s risk includes losses from revenue recognition policies, increasing operational costs, dependence on MMR and Pune markets, challenges in land acquisition, regulatory hurdles, competition, and potential land disputes, affecting project timelines and profitability. 

• The company has incurred losses in 2024, 2023, and 2022 due to revenue recognition policies and increasing operational costs. Ongoing investments may not yield expected revenue, leading to potential future losses and affecting financial stability. 

• The company’s real estate projects are primarily in MMR and Pune, with local economic, social, and regulatory factors influencing performance. Any downturn or increased competition in these regions could impact business operations and financial outcomes. 
• The company faces challenges in acquiring land due to limited supply, regulatory hurdles, competition, and market saturation. Land disputes or rising prices may impact project timelines, profitability, and business growth. 

Kalpataru Ltd IPO – Industry & Market Potential 

The Indian real estate market has grown at a CAGR of 10.83%, expanding from US$50 billion in 2008 to US$180 billion in 2020. It is projected to reach US$1 trillion by 2030 and contribute 13% to GDP by 2025. 

Real estate launches are expected to gradually increase from 2024 to 2026, while absorption levels are forecasted to rise steadily, with a 101% growth in 2023, continuing the upward trend in the coming years. 

The capital pricing in Thane is projected to grow at a 4% CAGR from 2024 to 2026, following a 6% CAGR between 2019 and 2023. This forecast reflects the anticipated impact of property launches in the coming years. 

Kalpataru Limited IPO Type of Offer 

Kalpataru Limited is coming up with an IPO with a fresh issue of shares worth INR 159 crores. The company aims to repay borrowings and use funds for general corporate purposes. 

Kalpataru IPO Offer Size 

The offer size of Kalpataru Limited is INR 159 crores, consisting of a fresh issue of shares. The company aims to repay borrowings and use funds for general corporate purposes. 

Kalpataru Limited IPO Allotment Structure 

Kalpataru Limited’s allocation will be as follows: 75% for Qualified Institutional Buyers (QIB), 15% for Non-Institutional Investors (NII), and 10% for Retail Individual Investors (RII) according to SEBI regulations. A portion is set aside for eligible employees. 

● Qualified Institutional Buyers (QIB): As per SEBI regulations, 75% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.

● Non-Institutional Investors (NII): 15% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs.2 lakhs.

● Retail Individual Investors (RII): The remaining 10% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs.2 lakhs. 

● Eligible Employees: A portion A portion is set aside for eligible employees. 

How to apply for Kalpataru IPO?

To apply for the Kalpataru Limited IPO through Alice Blue, follow these steps:

Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.

1. Check for IPO Details: Once your account is active, you can check for the Kalpataru Limited IPO details in the IPO section of the Alice Blue platform.
2. Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
3. Submit the Application: Confirm all your details and submit your application.

 You can apply for the Kalpataru Limited IPO at Alice Blue in just a few clicks!

Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.

Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.

How do you check Kalpataru IPO Allotment Status?

Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:

1. Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
2. Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
3. Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
4. Select the Kalpataru Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Kalpataru Limited IPO.
5. Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.

 If you face any issues, we request you reach out to our customer support team at Alice Blue for detailed assistance. 

 Apart from Alice Blue, there are other ways to check the allotment status of the Kalpataru Limited IPO:

● Registrar’s Website: Visit the website of Link Intime India Private Limited, the registrar of the Kalpataru Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.

● BSE NSE: You can also check the allotment status on the official websites of the Bombay Stock Exchange (BSE) National Stock Exchange (NSE). You would need your application number and PAN to check the status. 

Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.

Kalpataru Ltd IPO Offer Registrar

The registrar for the Kalpataru Limited IPO is Link Intime India Private Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.

Contact information for the registrar: 

LINK INTIME INDIA PRIVATE LIMITED

C- 101, 1st Floor, 247 Park, L.B.S Marg, 

Vikhroli (West), Mumbai – 400083,

Maharashtra, India

Telephone: +91 810 811 4949, 

Email: [email protected]

Website: www.linkintime.co.in 

Kalpataru IPO – FAQs