Kalpataru Ltd
Past performance
About Kalpataru Ltd Kalpataru Limited, originally established as Kalpataru Homes Private Limited in 1988, is a prominent real estate development company headquartered in Maharashtra, India. Over the years, the company underwent several name changes, reflecting its transition to a public limited entity in 1995 and ultimately to its current name in 2008. With a legacy spanning decades and significant experience in real estate development, Kalpataru is a renowned player in the Mumbai Metropolitan Region (MMR), actively involved in residential, commercial, and retail projects, alongside integrated townships and redevelopment projects.
The company's portfolio includes a diverse range of projects targeting luxury, premium, and mid-income markets. Some of its notable achievements include developing residential projects like Siddhachal in Thane (1999), Kalpataru Gardens Phase I in Mumbai (2005), and luxury villas at Amoda Reserve in Lonavala (2015). It has also made its mark in commercial real estate, completing projects such as Kalpataru Square in Mumbai (2008) and Kalpataru Infinia in Pune (2020). Furthermore, the company expanded its footprint in retail with the launch of Korum Mall in Thane in 2010 and explored township developments such as Kalpataru Parkcity beginning in 2011.
Kalpataru is distinguished by its integrated development approach, encompassing land acquisition, planning, execution, marketing, and sales. The company’s geographical presence spans micro-markets in MMR and beyond, including Hyderabad, Panvel, Lonavala, and Bengaluru. Recent milestones include completed residential projects Kalpataru Residency in Hyderabad (2021) and Kalpataru Woodsville in Mumbai (2022), along with its ambitious Namo Grand Central Park inaugurated in Thane in 2024.
Currently, Kalpataru Limited is preparing to launch an Initial Public Offering (IPO), aiming to raise ₹1,590 crore. This move underscores the company's commitment to expanding its operations and scaling its presence in the evolving real estate landscape.
Performance overview