New Delhi, June 20 -- Kalpataru's initial public offering (IPO) is scheduled to kick off for subscription on Tuesday, June 24, and will remain open until Thursday, June 26. The company aims to raise Rs.1,590 crore through the offering, which is entirely a fresh issue of 3.84 crore shares.

The IPO price band is set at Rs.387 to Rs.414 per share. Of the total offering, 75% is reserved for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (NIIs), and 10% for Retail Investors.

ICICI Securities Limited, JM Financial Limited, and Nomura Financial Advisory and Securities (India) Pvt. Ltd. are the book-running lead managers of the Kalpataru IPO, while MUFG Intime India Private Limited (Link Intime) is the registrar for ...