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Kalpataru IPO allotment to be finalised on June 27: Steps to check status on BSE, NSE and MUFG Intime IndiaKalpataru Ltd has proposed to use the net proceeds from the IPO for the repayment or pre-payment of certain borrowings availed by the company and its subsidiaries, either fully or partially, along with using it for general corporate purposes.By CNBCTV18.com June 27, 2025, 7:43:05 AM IST (Published)3 Min ReadKalpataru Ltd. is set to finalise the IPO share allotment status on Friday, June 27. The ₹1,590-crore initial public offering (IPO) closed with an overall subscription of 2.26 times on the third and last day of bidding on June 26.

The mainboard issue received bids for nearly 5.16 crore shares against 2.28 crore shares on offer. The IPO opened for subscription on June 24.

The retail quota of the IPO was booked 1.15 times, while the Non-Institutional Investors’ (NIIs) category was subscribed 1.31 times. The Qualified Institutional Buyers (QIBs) subscribed the issue 3.12 times. The employees quota was booked 1.29 times.

The IPO consisted entirely of a fresh issue of 3.84 crore shares, aggregating up to ₹1,590 crore. The IPO price band was fixed at ₹387 to ₹414 per share.

Kalpataru Ltd has proposed to use the net proceeds from the IPO for the repayment or pre-payment of certain borrowings availed by the company and its subsidiaries, either fully or partially, along with using it for general corporate purposes.

The investors, who bid for the IPO shares, can check the allotment status online via the BSE, NSE and the official website of the issue registrar, MUFG Intime India Pvt Ltd (earlier known as Link Intime India Pvt Ltd).

Steps to check Kalpataru IPO share allotment on BSE:

· Visit the IPO allotment page on the BSE website: https://www.bseindia.com/static/investors/application_statuschecksystem.aspx

· Select 'Equity' as the issue type

· Choose Kalpataru Ltd. from the dropdown menu for issue names

· Enter your application number or PAN to proceed

· Click on Search to view your share allotment details

Steps to check Kalpataru IPO allotment on MUFG Intime India:

· Visit the IPO allotment page on the official website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

· From the dropdown menu, select 'Kalpataru Limited' from the list of companies

· Select any one of the PAN, Application Number, DP/Client ID, or Account Number/IFSC to view your allotment status

· Enter the required details

· Click on 'Submit' to check the allotment status

Investors can also check the allotment status in the Kalpataru IPO on the NSE website using their PAN and application number.

Transfer of shares to the Demat account of successful bidders is expected on Jun 30. The company will also initiate refunds for non-allottees the same day.

Shares of Kalpataru Ltd are scheduled to be listed on the NSE and BSE on July 1.

Kalpataru Ltd, incorporated in 1988, develops residential, commercial, retail and integrated township projects. The Mumbai-based company is also engaged in the redevelopment of housing societies.

As of December 2024, Kalpataru completed 120 projects, translating to more than 25.87 million square feet of developable area across several cities, including Mumbai, Thane, Pune, Hyderabad, Bengaluru and Indore.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsIPO