KALPATARU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CARE Ratings Limited, the monitoring agency for Kalpataru's IPO, submitted its Q4 FY26 report. The Rs. 1,590 crore IPO proceeds are largely deployed with Rs. 1,579.06 crore utilized (99.3%). Debt repayment of Rs. 1,192.50 crore (for both company and subsidiaries) is fully complete. General corporate purposes stand at Rs. 316.28 crore utilized out of Rs. 324.75 crore revised allocation, leaving Rs. 8.47 crore pending. Issue expenses at Rs. 70.28 crore of Rs. 72.75 crore revised. The remaining Rs. 10.96 crore sits in ICICI bank accounts (public issue and monitoring accounts) and is expected to be deployed in Q1 FY27. No material deviations or adverse events were observed. Board approved reallocation of Rs. 13.39 crore from lower issue expenses to additional GCP.
The IPO proceeds are being deployed as planned with no deviations, indicating smooth execution. The Rs. 10.94 crore unutilized balance will be deployed in the next quarter, which is within the permitted timeline per the prospectus.