Kalpataru Projects International Limited (KPIL), a leading diversified engineering, procurement, and construction (EPC) company, has successfully raised approximately ₹1,000 crore through a Qualified Institutions Placement (QIP). This marks the company’s first equity raise in over a decade and highlights its robust position in the global infrastructure sector.
Strong investor response
The QIP issue witnessed overwhelming participation from a diverse group of investors, including domestic mutual funds, foreign investment funds, and insurance companies. This significant milestone reflects the strong confidence of investors in KPIL’s business profile and the growth prospects of the EPC sector.
Management’s vision
Manish Mohnot, MD & CEO of KPIL, expressed gratitude to investors and shared his vision for the company:
“We are thankful to our investors for reposing their trust in us. The global push for renewables, rising power demand, growing urbanization, and improving mobility infrastructure all indicate a robust outlook for the EPC sector. The overwhelming response to our QIP reflects the unwavering confidence of investors in KPIL’s diversified business profile, disciplined capital management, and proven execution capability for large-size EPC projects. The funds raised through QIP will further strengthen our balance sheet, enhance financial flexibility, and accelerate our growth plans.”
KPIL’s industry leadership
With over four decades of experience, KPIL is among the largest specialized EPC companies in India, engaged in power transmission, buildings, railways, oil & gas pipelines, urban mobility, and highways. The company operates projects in over 30 countries with a footprint across 75 nations.
KPIL continues to maintain its leadership position through strong organizational capabilities, technical expertise, and adherence to best-in-class sustainability standards. This fundraise is expected to support its expansion, project execution, and financial stability as it aims to meet growing global demand in the infrastructure and renewables sectors.
