Kalpataru Files Draft IPO Papers with SEBI to Raise ₹1,590 Crore
8/16/2024 10:48:00 AM
Kalpataru, a prominent name in the real estate sector, has taken a significant step towards expansion by filing draft IPO papers with SEBI. The company aims to raise ₹1,590 crore through this Initial Public Offering (IPO), which will further strengthen its position in the real estate market. The funds raised are expected to be used for ongoing and future real estate projects, as well as for general corporate purposes. Kalpataru's move is seen as a strategic initiative to fuel its growth and reinforce its market presence. Source: ET Realty
India