What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Kalpataru Limited IPO?

Kalpataru Limited IPO has received a total subscription of 2.42 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Kalpataru Limited

ListedMainboard

Real Estate · NSE / BSE

Kalpataru Limited, established in 1988 and headquartered in Mumbai, Maharashtra, is a prominent real estate developer in India. The company focuses on developing residential and commercial properties, retail spaces, and integrated townships. It has a strong presence in cities such as Mumbai, Thane, Panvel, Pune, Hyderabad, Indore, Bengaluru, and Jodhpur. Kalpataru Limited is a part of the larger Kalpataru Group, which also includes Kalpataru Projects International Limited, Property Solutions (India) Private Limited, Shree Shubham Logistics Limited, and their subsidiaries. As of March 31, 2024, the company has successfully completed 70 projects and is currently working on 40 more. It is well-regarded for its quality construction, timely project delivery, and strong brand reputation in the real estate industry

Price Band

₹387 – ₹414

Issue Size

₹1590 Cr

Lot Size

36 shares

GMP

₹1.5

+0.4%

Est. Listing

₹415.5

at current GMP

Subscribed

2.42x

overall

Open

24 Jun 2025

26 Jun 2025

Allotment

27 Jun 2025

Refund

28 Jun 2025

Demat Credit

29 Jun 2025

Listing

1 Jul 2025

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

2.42x

Total Demand

QIB Multiplier

3.33x

Institutions & Funds

NII / HNI

1.40x

High Net-Worth

Retail (RII)

1.39x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 2.42x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	11,406,521	38,015,100	3.33x
NIB	5,703,261	7,972,380	1.40x
HNIs(10L +)	3,802,174	6,426,900	1.69x
HNIs (2-10L)	1,901,087	1,545,480	0.81x
RETAIL	3,802,174	5,266,728	1.39x
EMPLOYEES	422,872	319,968	0.76x
Total	27,038,089	59,546,556	2.42x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 0.99x

Category	Applications Reserved	Applications Received	Times Subscribed
RETAIL	105,616	108,218	1.02x
HNIs(10L +)	7,544	1,125	0.15x
HNIs (2-10L)	3,772	2,668	0.71x
Employee	—	3,386	0.00x
Total Applications	116,932	115,397	0.99x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Kalpataru Limited Public Issue & Market Profile

Kalpataru Limited is bringing an initial public offering (IPO) in the Real Estate sector with an aggregate issue size of ₹1,590 Crores. The shares are offered at a price band of ₹387 to ₹414 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2025-06-26, the basis of allotment is scheduled to be finalized on 2025-06-27. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Kalpataru Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Kalpataru Limited IPO is ₹1.5 per equity share. Based on the upper price band of ₹387 to ₹414 per equity share, the estimated listing price is ₹415.5 (+0.4% expected listing gain).

What is the expected profit per lot for Kalpataru Limited IPO?

With a lot size of 36 shares and current GMP of ₹1.5, the expected profit per application lot is approx ₹54 (+0.4% gain). Minimum application cost is approx ₹14,904.

What is the issue size and price band for Kalpataru Limited IPO?

The Kalpataru Limited IPO aggregate issue size is ₹1,590 Crores with an equity price band set at ₹387 to ₹414 per equity share. The retail lot size is 36 shares requiring a minimum capital outlay of approx. ₹14,904.

How can I check Kalpataru Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 2.42x (Retail: 1.39x, QIB: 3.33x, NII: 1.40x). You can track live multiples directly on our dedicated subscription page.

Where and when will Kalpataru Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-06-27. Investors can verify status using PAN card or application number.

When is the listing date for Kalpataru Limited IPO?

Kalpataru Limited shares are scheduled to list on NSE and BSE on 2025-07-01.