Kalpataru Projects International Limited (KPIL), one of India’s leading engineering and construction companies, today announced that its step-down subsidiary Linjemontage i Grästorp AB (“LMG”), Sweden, has successfully been listed on Nasdaq Stockholm under the ticker LMGAB. This milestone positions LMG as the first Indian company to list its foreign subsidiary on the Swedish exchange.

Significance of the Listing

The listing on Nasdaq Stockholm is a testament to KPIL’s ability to scale international businesses and marks a significant step in unlocking value for its shareholders. The IPO was priced at SEK 46 per equity share, equivalent to a valuation of SEK 2.357 billion, representing the total market value of all shares of LMG. KPIL retains an approximately 65.9 percent stake in LMG post-listing.

Future Prospects

The listing is expected to accelerate Linjemontage’s growth in the Nordic EPC power infrastructure market. Manish Mohnot, MD & CEO of KPIL, commented, “The listing of LMG on Nasdaq Stockholm represents a major milestone in KPIL’s global growth strategy and is a true testament to our ability to scale international businesses. This successful IPO validates LMG’s strong position as one of the leading EPC providers in the power infrastructure segment in Sweden and marks a significant step in unlocking value for KPIL’s shareholders.”

As they transition into an independent publicly listed entity, KPIL looks forward to supporting LMG’s continued journey in the global market.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Kalpataru Projects International Limited

Kalpataru Projects International Limited belongs to the Industrials › Engineering & Construction sector. Here’s a quick read on where the business and the stock stand today.

Kalpataru holds in the upper half of its 52-week range, a sign the market backs the stock. The PEG of 0.63 signals undervaluation relative to growth. It is a potential re-rating candidate. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. Buyers show up with 2.4x the volume of sellers. Moreover, they dominated on 18 of recent sessions versus 12 for sellers — a healthy accumulation pattern. Both the business and the stock move in the right direction. Revenue grows at 18.4%, profits at 33.1%, and the PEG sits at 0.63 — below its growth rate. That combination is rare. Check Fundamentals of Kalpataru Projects International Limited.

Kalpataru Projects International Limited (KPIL) has announced the first day of trading in Linjemontage’s shares on Nasdaq Stockholm. The trading commenced today, September 25, 2026, under the trading symbol “LMGAB”.

Offering Details

The offering attracted strong interest from international institutional investors and the general public in Sweden. The price per share in the offering was SEK 46, equivalent to a valuation of SEK 2,356,557,000. The offering comprised 14,311,620 existing shares, corresponding to approximately 27.9 percent of the total number of shares and votes in Linjemontage.

Stabilisation Measures

ABG Sundal Collier AB, on behalf of the Joint Bookrunners, will act as stabilisation manager and may carry out transactions aimed to stabilise, maintain, or support the market price of the company’s shares for up to 30 days from the commencement of trading on Nasdaq Stockholm.

As a result, Kalpataru Projects International Limited looks forward to the new chapter in Linjemontage’s journey, welcoming more than 5,500 new shareholders in the company.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Kalpataru Projects International Limited

Kalpataru Projects International Limited belongs to the Industrials › Engineering & Construction sector. Here’s a quick read on where the business and the stock stand today.

Kalpataru holds in the upper half of its 52-week range, a sign the market backs the stock. The PEG of 0.63 signals undervaluation relative to growth. It is a potential re-rating candidate. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. Buyers show up with 2.4x the volume of sellers. Moreover, they dominated on 18 of recent sessions versus 12 for sellers — a healthy accumulation pattern. Both the business and the stock move in the right direction. Revenue grows at 18.4%, profits at 33.1%, and the PEG sits at 0.63 — below its growth rate. That combination is rare. Check Fundamentals of Kalpataru Projects International Limited.

Interarch Building Solutions Limited (NSE: INTERARCH), a leading provider of turnkey steel construction solutions, inaugurated its new heavy structural steel manufacturing facility at Attivaram, Andhra Pradesh. This marks a significant expansion of its capabilities in the design and manufacture of complex steel structures. The facility will enable Interarch to manufacture structural components for applications ranging from high-rise buildings and data centres to semiconductor and electronics facilities, renewable energy projects, EV infrastructure, and large industrial developments.

Strategic Manufacturing Base

Located in Andhra Pradesh, the facility provides a strategic manufacturing base for servicing customers across South and West India. Its proximity to industrial clusters, ports, and major transportation networks is expected to support efficient movement of materials and finished structures to project locations.

Advanced Machinery and Precision Fabrication

The facility is equipped with specialised equipment sourced from leading technology providers in Europe and India, enabling high-precision fabrication and the manufacturing of complex heavy structural members. The balance land is earmarked for the development of Phases 2 and 3, of which the civil works for Phase 2 are currently underway.

The inauguration of the Attivaram facility further strengthens Interarch’s evolution as an integrated steel construction solutions provider, bringing together engineering, manufacturing, and project execution capabilities to serve a broader spectrum of steel-intensive applications.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Interarch Building Solutions Limited

Interarch Building Solutions Limited belongs to the Industrials › Engineering & Construction sector. Here’s a quick read on where the business and the stock stand today.