Kalpataru Projects to Raise Funds Through QIP

Kalpataru Projects International Ltd. (KPIL) is a prominent Engineering, Procurement, and Construction (EPC) firm located in India, operating across various sectors including power transmission and distribution (T&D), construction of buildings and factories, water supply, urban transport, oil and gas pipeline installation, as well as infrastructure projects like metro systems and highways.

QIP Details

Kalpataru Projects International Ltd. (KPIL) has initiated a qualified institutional placement (QIP). In a stock exchange announcement dated December 12, 2024, Kalpataru Projects stated that its QIP committee had approved the floor price for the issuance at ₹1,214.98 per share.

Kalpataru Projects International Ltd. Share Price Performance 

As of 1:42 PM on December 13, 2024, the share price of Kalpataru Projects International Ltd. was ₹1,297.95 on the NSE. The 52-week peak for the company’s share price stands at ₹1,449.00, and the share has experienced an increase of over 1% today.

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