- CEO
- Parag Mofatraj Munot
- Full Time Employees
- 171
- Sector
- Finance
- Industry
- Real estate development
- Address
- 91, Kalpataru Synergy Mumbai India 400 055
- IPO Date
- Jul 1, 2025
- Business
- Kalpataru Limited engages primarily in real estate development in India, specializing in luxury, premium, and mid-income residential projects including high-rise apartments, gated communities, and integrated townships; commercial developments such as office spaces and business parks; and retail properties, with full-cycle operations encompassing land acquisition, planning, design, construction, marketing, and sales. The company, founded in 1988 and headquartered in Mumbai, Maharashtra, maintains a robust presence across the Mumbai Metropolitan Region, Pune, Thane, Panvel, Hyderabad, Indore, Bengaluru, and Jodhpur, having completed over 113 projects as of March 2024. It targets diverse customer segments from ultra-luxury buyers to mid-income households, emphasizing innovation, quality construction, and timely delivery under the leadership of Parag M. Munot. In June 2025, Kalpataru completed a Rs 1,590 crore initial public offering, listing on NSE and BSE on July 1, 2025, to fund debt repayment and growth initiatives; the company reported 41% presales growth to Rs 4,531 crore in FY25 driven by residential demand, Q1 FY26 sales bookings up 83% to Rs 1,249 crore, and Q2 bookings rising 19% to Rs 1,329 crore despite quarterly profit pressures.