Shares of Kalpataru Projects International Ltd (KPIL) are expected to be in focus today after the company announced new orders worth Rs 989 crore in its overseas Power Transmission & Distribution (T&D) business. The update comes on the same day Kalpataru Ltd, the group’s real estate arm, is set to be listed on the BSE and NSE following its IPO.
KPIL’s stock closed 0.29 per cent higher at Rs 1,229 in the previous trading session, with a market capitalisation of Rs 20,987 crore. On Monday, 3,435 shares were traded, generating a turnover of Rs 42.12 lakh.
The company said the order wins reflect sustained global demand for grid infrastructure. Manish Mohnot, MD & CEO of KPIL, said, “We are pleased with the new order wins in our T&D business. We are particularly enthused by the traction in this segment over the past few years on the back of increased demand for grid infrastructure globally.”
He added that KPIL is well-positioned to leverage this demand, backed by execution strength across the entire EPC value chain. With these latest orders, KPIL’s total order intake in FY26 has reached Rs 7,150 crore, providing strong visibility for continued growth.
Kalpataru Ltd to Be Listed Today Post IPO
Meanwhile, Kalpataru Ltd, the real estate arm of the group, is set to debut on the stock exchanges today, July 1, after a decent response to its initial public offering (IPO), which closed on June 26.
According to a notice from the BSE, “Trading Members of the Exchange are hereby informed that effective from Tuesday, July 1, 2025, the equity shares of Kalpataru Limited shall be listed and admitted to dealings on the Exchange in the list of ‘B’ Group of Securities.” The shares will be part of the Special Pre-open Session (SPOS) and available for trading from 10:00 AM.
Analysts have flagged a muted listing, based on current trends in the IPO grey market premium (GMP).
About the Kalpataru Group
KPIL is one of India’s largest and most diversified EPC companies, engaged in Power T&D, Buildings & Factories, Railways, Oil & Gas, Urban Infrastructure, Water, and Highways. The company is executing projects in over 30 countries and has a footprint in 75 nations.
Kalpataru Ltd focuses on real estate development, spanning residential and commercial projects, and now enters the public markets with its stock market debut.
Market Outlook
With two key developments unfolding — KPIL’s Rs 989 crore order win and Kalpataru Ltd’s market debut — both stocks are expected to remain on investor radar today. KPIL may see continued momentum on order visibility, while market participants await the listing performance of Kalpataru Ltd.
