Kalpataru Projects International’s Rs 1,590 crore IPO is set to open on June 24, with shares trading at a grey market premium of Rs 9. The IPO proceeds will be used for debt reduction and business expansion. The company reported a profit of Rs 5.51 crore for the nine months ended December 2024, a turnaround from previous losses.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets