Kalpataru Limited — Others, 14-08-2025: Utilisation of Funds

Kalpataru raised ₹1,590 Cr from its IPO in late June, confirming **no deviation** in its fund utilization. As of June 30, ₹500 Cr was used for debt repayment: ₹300 Cr for the company itself and ₹200 Cr for its subsidiary, Agile Real Estate. Most IPO funds were received late on June 30. Subsequently, between July 1 and August 13, an additional ₹25.38 Cr was used for general corporate purposes and ₹20.55 Cr for issue expenses. Remaining unutilized funds are held in bank accounts, pending further allocation.