Kalpataru IPO allotment expected today. Check status, GMP and other details

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.

Here's how to check Kalpataru IPO allotment status:

On the registrar’s website (Link Intime):

Visit: https://linkintime.co.in/initial_offer/public-issues.html

Select “Kalpataru Limited” from the dropdown

Enter your PAN, Application Number, or DP/Client ID

Click on “Search” to view allotment details

On the BSE website:

Go to: https://www.bseindia.com/investors/appli_check.aspx

Select “Equity” as issue type

Choose “Kalpataru Limited” from the dropdown

Enter your application number and PAN

Click “Search”

Shares 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.

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