Capillary Technologies IPO
Capillary Technologies IPO
Overview
Capillary Technologies IPO is a book build issue of ₹877.50 crores. The issue is a combination of fresh issue of 0.60 crore shares aggregating to ₹345.00 crores and offer for sale of 0.92 crore shares aggregating to ₹532.50 crores. Capillary Technologies IPO opens for subscription on Nov 14, 2025 and closes on Nov 18, 2025. The allotment for the Capillary Technologies IPO is expected to be finalized on Nov 19, 2025. Capillary Technologies IPO will list on BSE, NSE with a tentative listing date fixed as Nov 21, 2025. Capillary Technologies IPO price band is set at ₹549.00 to ₹577.00 per share . The lot size for an application is 25. The minimum amount of investment required by an retail is ₹14,425 (25 shares) (based on upper price). The lot size investment for sNII is 14 lots (350 shares), amounting to ₹2,01,950, and for bNII, it is 70 lots (1,750 shares), amounting to ₹10,09,750. JM Financial Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Issue Size
₹1,52,07,998
Issue Price
₹877.50 Cr
Price Band
₹549 – ₹577
Lot Size
25 shares
Min. Investment
₹13,725
Max. Investment
₹14,425
Open Date
14 Nov, 2025
Close Date
18 Nov, 2025
Allotment
19 Nov, 2025
Listing
21 Nov, 2025
Max. Investment
₹14,425
Announced
14 Nov, 2025
Opening Date
14 Nov, 2025
Closing Date
18 Nov, 2025
Basis of Allotment
19 Nov, 2025
Initiation of Refunds
20 Nov, 2025
Credit of Shares
20 Nov, 2025
Listing Date
21 Nov, 2025
Live GMP
Est. Listing: ₹617
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About Capillary Technologies IPO
Capillary Technologies India Ltd is a leading Indian software-as-a-service (SaaS) company that specializes in customer loyalty and engagement solutions. Founded in 2008 and headquartered in Bengaluru, Capillary offers a comprehensive suite of products that help brands understand and engage their customers more effectively through data-driven insights.
Key Offerings:
- Loyalty Management Solutions: Capillary provides scalable, customizable loyalty programs for enterprises a
Capillary Technologies IPO Share Price
Issue Breakdown
Shareholding
Dilution: 8.2% increase in shares
Capillary Technologies IPO Promoters Holding
Capillary Technologies IPO Financial Health
Capillary Technologies India Ltd.'s revenue increased by 14% and profit after tax (PAT) rose by 121% between the financial year ending with March 31, 2025 and March 31, 2024.
Capillary Technologies IPO Lot Size
Investors can bid for a minimum of 25 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹14,425 |
| Retail (Max) | 13 | 325 | ₹1,87,525 |
| S-HNI (Min) | 14 | 350 | ₹2,01,950 |
| S-HNI (Max) | 69 | 1725 | ₹9,95,325 |
| B-HNI (Min) | 70 | 1750 | ₹10,09,750 |
(All values in CR)
Capillary Technologies IPO Valuations
KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROCE | 2.76 |
| Debt/Equity | 0.18 |
| RoNW | 2.85 |
| PAT Margin | 2.37 |
| EBITDA Margin | 13.13 |
| Price to Book Value | 8.87 |
| Market Capitalization | 4576.09 |
(All values in CR)
Capillary Technologies IPO Strength & Risk
Capillary Technologies IPO Strength:
- Operates in the fast-growing enterprise SaaS sector focused on customer loyalty and engagement.
- Recently achieved profitability, showing improved operational performance.
- Has a strong global presence with reputed international and domestic clients.
- Offers a diversified range of products including loyalty management, AI-driven analytics, and CRM solutions.
- Plans to use IPO proceeds for business expansion, R&D, and potential acquisitions.
- One of the few Indian companies providing a pure-play SaaS opportunity in the listed space.
- Demonstrates strong technological innovation and recurring revenue potential through subscription-based models.
Capillary Technologies IPO Risk:
- Past history of losses may affect investor confidence despite recent profitability.
- High dependence on a limited number of large clients and specific geographies.
- Faces intense competition in the SaaS and customer engagement platform industry.
- Rapid technological changes may require continuous innovation and investment.
- Offer-for-sale component may raise concerns about existing investors exiting.
- Exposure to global market fluctuations and foreign exchange risks.
- Overall business performance is sensitive to macroeconomic and IT spending trends.
Capillary Technologies IPO Subscriptions Status
Capillary Technologies IPO subscribed 0.29 times. The public issue subscribed 0.28 times in the retail category, 0.29 times in QIB (Ex Anchor), and 0.28 times in the NII category by November 14, 2025 6:54:48 PM (Day 1).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| QIB (Ex Anchor) | 0.29 | 45,49,427 | 12,99,875 | 75.003 |
| Non-Institutional Buyers | 0.28 | 22,75,486 | 6,37,925 | 36.808 |
| bNII (bids above ₹10L) | 0.39 | 15,16,990 | 5,91,725 | 34.143 |
| sNII (bids below ₹10L) | 0.06 | 7,58,495 | 46,200 | 2.666 |
| Retail | 0.28 | 15,16,990 | 4,22,025 | 24.351 |
| Employees | 0.92 | 38,095 | 34,900 | 2.014 |
| Total | 0.29 | 83,79,998 | 23,94,725 | 138.176 |
Capillary Technologies IPO GMP
Capillary Technologies IPO last GMP is ₹40, last updated Nov 15th 2025 05:30 PM. With the price band of 577.00, Capillary Technologies IPO's estimated listing price is ₹617 (cap price + today's GMP).The expected percentage gain/loss per share is 6.93%. >> Capillary Technologies IPO Retail Subject to Sauda: ₹800 >> Capillary Technologies IPO Small HNI Subject to Sauda: ₹11200 The lowest GMP is ₹0.00, while the highest GMP is ₹50.00.
Last updated 15 Nov, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 15 Nov, 2025 | 577 | ₹40▼ | 800/11200 | ₹617 (6.93%) | 1000 | 15 Nov, 2025 |
| 14 Nov, 2025 | 577 | ₹50▲ | 1000/14000 | ₹627 (8.67%) | 1250 | 14 Nov, 2025 |
| 13 Nov, 2025 | 577 | ₹0 | - | ₹577 (0.00%) | - | 13 Nov, 2025 |
| 12 Nov, 2025 | 577 | ₹0 | - | ₹577 (0.00%) | - | 12 Nov, 2025 |
| 11 Nov, 2025 | 577 | ₹0 | - | ₹577 (0.00%) | - | 11 Nov, 2025 |
| 10 Nov, 2025 | 0 | ₹0 | - | ₹ (0.00%) | - | 10 Nov, 2025 |
| 09 Nov, 2025 | 0 | ₹0 | - | ₹ (%) | - | 09 Nov, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Capillary Technologies IPO
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Go to IPO Section
Find Capillary Technologies IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Provide your UPI ID linked to your bank account and submit the application.
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Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.