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Kalpataru Ltd has secured anchor investments from GIC Singapore and Bain Capital ahead of its IPO, raising Rs 708 crore ($82.1 million). The IPO, priced between Rs 387-414 per share, aims to raise Rs 1,600 crore, with proceeds primarily allocated for debt repayment and general corporate purposes. The company reported significant growth in pre-sales and collections, with FY25 collections nearing the total of FY24.

Author

sathvik Rekapalli

Language

EN