Mumbai-based real estate developer Kalpataru filed a draft red herring prospectus (DRHP) with SEBI to raise Rs 1,590 crore through an IPO. All revenues (minus IPO expenditures) will benefit the firm because the IPO is a fresh equity share issuance with no offer-for-sale component.

In some great news for Siddharth Nagar real estate and for the many home buyers in Ekta Tripolis, Kalpataru Radiance, Sangam Lifespaces Luxor - Ekta Tripolis and Kalpataru Radiance have received Occupation Certificate finally.