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Kalpataru Limited

From EverybodyWiki Bios & Wiki


Kalpataru Limited
Public
Traded asNSEKALPATARU
BSE544423
ISIN🆔
IndustryReal estate
Engineering
Construction
Founded 📆1969
Founder 👔Mofatraj P. Munot
Area served 🗺️
Key people
Parag M. Munot[1] (Managing Director)
Members
Number of employees
🌐 Websitewww.kalpataru.com
📇 Address
📞 telephone

Kalpataru Limited is an Indian real estate, engineering, and infrastructure conglomerate headquartered in Mumbai, Maharashtra.[2] Established in 1969,[2] the company has built various residential, commercial, and retail projects across the country.[3] Reports credit Kalpataru with introducing the concept of 1.5-bedroom homes in India.[4] Through its engineering arm, Kalpataru Projects International Limited, the company has also operates globally, providing EPC (Engineering, Procurement, and Construction) solutions.[5] Kalpataru has delivered over 120 projects covering 25 lakh square metres. The market capitalisation of Kalpataru Limited is approximately ₹8,226 crore.[6]

The company launched its initial public offering (IPO) on 24th June 2025 and got listed on the Indian stock exchanges.[7]

History

Kalpataru Limited was founded in 1969 by Mofatraj P. Munot.[8] The company introduced the concept of 1.5-bedroom apartment design and developed LEED-certified green building projects.[4]

Kalpataru Limited has developed high-end, mid-segment residential, commercial, and retail projects in Mumbai, Thane, Goa, Pune, Hyderabad, Lonavala, and other cities.[9][10][11]

In the 2000s, Kalpataru Limited started working on pan-India and global EPC projects through Kalpataru Projects International Limited, which undertakes transmission and distribution, water infrastructure, oil and gas pipelines, railways, highways, and urban mobility contracts in over 75 countries.[5]

In 2025, the firm launched its ₹1,600 crore IPO included anchor investments amounting to ₹708 crore from institutional investors.[1][12][13][14][15]

Awards

Real Estate Destination of the Year for Kalpataru Parkcity, Commercial Project of the Year for Kalpataru Summit, and Ultra Luxury-Lifestyle Project of the Year for Kalpataru Prive at the 15th Realty+ Conclave and Excellence Awards 2023.[16]

West - Residential Project – Developer (Metro) Award at ET Real Estate Conclave Awards 2023.[17]

Integrated Township Project of the Year for Kalpataru Parkcity at the 14th Realty+ Conclave and Excellence Awards 2022.[18]

Residential Project - High-end (Metro: Ongoing) for Kalpataru Vienta, Residential Project - Township (Metro: Ongoing) for Kalpataru Parkcity at the 13th Realty+ Conclave and Excellence Awards 2022.[19]

References

  1. 1.0 1.1 "IPO-bound Kalpataru sells properties worth Rs 2,727 cr in Apr-Dec FY25". Business Standard. Business Standard Ltd. 20 June 2025. Retrieved 2026-02-06.
  2. 2.0 2.1 "Gyan Prakash". The CEO Magazine. Retrieved 2026-02-25.
  3. "Kalpataru MMRs: Leading real estate developer". India Infoline. Retrieved 2026-01-16.
  4. 4.0 4.1 "Kalpataru Elitus: Utopian residential project on LBS Road offering an upgraded lifestyle". Housing.com. Housing.com. Retrieved 2026-02-04.
  5. 5.0 5.1 "Kalpataru Projects International announces ₹2,720 crore new orders for T&D and civil infrastructure". ETEnergyWorld. The Economic Times. 23 October 2023. Retrieved 2026-02-13.
  6. "The group is reshaping luxury by crafting enclaves that blend sustainability with urban elegance and eco-innovative designs". Forbes India. Forbes India. Retrieved 2026-02-14.
  7. "GIC, Bain Capital lead anchor investment in Kalpataru ahead of IPO". VCCircle. Mosaic Digital. 24 June 2025. Retrieved 2026-02-02.
  8. "KPTL net dips 15.9 pc to Rs 259 cr in Dec quarter". The Times of India. Times Internet. 11 February 2022. Retrieved 2026-01-16.
  9. "History of Kalpataru Ltd., Company". GoodReturns.in. GoodReturns. Retrieved 17 February 2026.
  10. "Kalpataru – MMR's leading Real Estate Developer". IndiaInfoline.com. India Infoline. Retrieved 17 February 2026.
  11. "The group is reshaping luxury by crafting enclaves that blend sustainability with urban elegance and eco-innovative designs". Forbes India. Forbes India. Retrieved 2026-02-25.
  12. Siddhant Mishra (24 June 2025). "GIC, Bain Capital lead anchor investment in Kalpataru ahead of IPO". VCCircle. Retrieved 17 February 2026.
  13. Shiladitya Pandit (20 June 2025). "IPO-bound Kalpataru bets on premium segment to drive sales in a plateauing market". Moneycontrol. Retrieved 17 February 2026.
  14. "Kalpataru IPO subscribed 2.26 times on last day of offer". The Financial Express. Indian Express Group. Retrieved 2026-02-25.
  15. "Kalpataru IPO: Mumbai-based real estate developer raises ₹708 crore from anchor investors ahead of public issue". Mint. HT Media Ltd. Retrieved 2026-02-25.
  16. "Splendid finale of the 15th Realty Conclave & Excellence Awards 2023 — West". exchange4media. Exchange4media. Retrieved 2026-02-04.
  17. "Real Estate Conclave & Awards West winners list". ET RealEstate. The Economic Times. Retrieved 2026-02-03.
  18. "14th Realty Conclave & Excellence Awards 2022 – West announced". exchange4media. Exchange4media. Retrieved 2026-02-03.
  19. "Real Estate Conclave Awards 2022-West Winners List". ET RealEstate. The Economic Times. Retrieved 2026-02-03.

Category:Real estate companies of India Category:Real estate companies based in Mumbai


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