Aequs IPO vs Capillary Technologies IPO

Comparison between Aequs IPO and Capillary Technologies IPO.

IPO Details

Aequs IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Capillary Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Aequs IPO is up to ₹921.81 Cr whereas the issue size of the Capillary Technologies IPO is up to ₹877.50 Cr. The final issue price of Aequs IPO is ₹124.00 per share and of Capillary Technologies IPO is ₹577.00 per share.

 Aequs IPOCapillary Technologies IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)₹118.00 per share₹549.00 per share
Issue Price (Upper)₹124.00 per share₹577.00 per share
Issue Price (Final)₹124.00 per share₹577.00 per share
Discount (Retail)
Discount (Employee)₹11.00 per share₹52.00 per share
Market Lot Size120 shares25 shares
Fresh Issue Size5,40,47,958 shares59,82,635 shares
Fresh Issue Size (Amount)up to ₹670.05 Crup to ₹345.12 Cr
OFS Issue Size2,03,07,393 shares92,28,796 shares
OFS Issue Size (Amount)up to ₹251.76 Crup to ₹532.38 Cr
Issue Size Total7,43,55,351 shares1,52,11,431 shares
Issue Size Total (Amount)up to ₹921.81 Crup to ₹877.50 Cr

IPO Timetable

Aequs IPO opens on Dec 03, 2025, while Capillary Technologies IPO opens on Nov 14, 2025. The closing date of Aequs IPO and Capillary Technologies IPO is Dec 05, 2025, and Nov 18, 2025, respectively.

 Aequs IPOCapillary Technologies IPO
Anchor Bid DateDec 02, 2025Nov 13, 2025
Issue OpenDec 03, 2025Nov 14, 2025
Issue CloseDec 05, 2025Nov 18, 2025
Basis Of Allotment (Tentative)Dec 08, 2025Nov 19, 2025
Initiation of Refunds (Tentative)Dec 09, 2025Nov 20, 2025
Credit of Share (Tentative)Dec 09, 2025Nov 20, 2025
Listing date (Tentative)Dec 10, 2025Nov 21, 2025
Anchor Lockin End date 1Jan 06, 2026Dec 18, 2025
Anchor Lockin End date 2Mar 07, 2026Feb 16, 2026

Financials & KPIs

Aequs IPO P/E ratio is -74.71, as compared to Capillary Technologies IPO P/E ratio of 298.93.

 Aequs IPOCapillary Technologies IPO
Financials

Company Financials (Restated Consolidated)

Aequs Ltd.'s revenue decreased by 3% and profit after tax (PAT) dropped by 619% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Sep 202531 Mar 202530 Sep 202431 Mar 202431 Mar 2023
Assets2,134.351,859.841,863.501,822.981,321.69
Total Income565.55959.21475.51988.30840.54
Profit After Tax-16.98-102.35-71.70-14.24-109.50
EBITDA84.11107.9757.82145.5163.06
NET Worth796.04707.53731.65807.17251.91
Reserves and Surplus200.43135.09-90.83-15.31-146.15
Total Borrowing533.51437.06384.79291.88346.14
Amount in ₹ Crore

Company Financials (Restated Consolidated)

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.

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets892.33838.65871.07466.41
Total Income362.56611.87535.44266.25
Profit After Tax1.0314.15-68.35-88.56
EBITDA39.8278.57-1.49-58.34
NET Worth509.38481.42452.1399.75
Reserves and Surplus149.34170.2630.8931.99
Total Borrowing88.94100.0977.17147.47
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)64.4867.95
Promoter Shareholding (Post-Issue)59.0952.05
P/E Ratio-74.71298.93
Market Cap₹8316.06 Cr.₹4576.09 Cr.
ROE-14.30
ROCE0.872.76%
Debt/Equity0.990.18
EPS₹-1.66₹1.93
RoNW-14.472.85%

Shares Offered

In the Aequs IPO Retail Individual Investors (RII) are offered 74,17,835 shares while in Capillary Technologies IPO retail investors are offered 74,17,835 shares. Qualified Institutional Buyers (QIB) are offered 2,22,53,510 shares in Aequs IPO and 45,52,002 shares in Capillary Technologies IPO.

 Aequs IPOCapillary Technologies IPO
Anchor Investor Reservation3,33,80,262 shares68,28,001 shares
Market Maker Reservation0 shares0 shares
QIB2,22,53,510 shares45,52,002 shares
NII1,11,26,753 shares22,76,000 shares
RII74,17,835 shares15,17,333 shares
Employee1,76,991 shares38,095 shares
Others
Total7,43,55,351 shares1,52,11,431 shares

Bids Received (Subscription)

Aequs IPO subscribed 104.30x in total, whereas Capillary Technologies IPO subscribed 52.98x.

 Aequs IPOCapillary Technologies IPO
QIB (times)122.93x57.30x
NII (times)83.61x69.85x
Big NII (times)79.86x85.42x
Small NII (times)91.13x38.72x
RII (times)81.03x15.85x
Employee (times)37.86x6.88x
Other (times)
Total (times)104.30x52.98x

Compare with others

Compare:

Aequs IPO Vs Capillary Technologies IPO