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flag Despite financial concerns, Kalpataru's stock surged 9% post-IPO, raising ₹1,590 crore.

flag Kalpataru, a major Indian real estate firm, saw its stock prices jump over 9% shortly after its muted initial public offering debut. flag Despite financial concerns and high debt levels, the shares gained significantly on both the BSE and NSE. flag Analysts suggest caution, urging investors to monitor the company's progress in reducing debt and improving profitability. flag The IPO raised ₹1,590 crore, with strong subscription rates from qualified institutional buyers.

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