Comparison between Capillary Technologies IPO and Pine Labs IPO.
Capillary Technologies IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Pine Labs IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Capillary Technologies IPO is up to ₹877.50 Cr whereas the issue size of the Pine Labs IPO is up to ₹3,900.17 Cr. The final issue price of Capillary Technologies IPO is ₹577.00 per share and of Pine Labs IPO is ₹221.00 per share.
| Capillary Technologies IPO | Pine Labs IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹1 per share |
| Issue Price (Lower) | ₹549.00 per share | ₹210.00 per share |
| Issue Price (Upper) | ₹577.00 per share | ₹221.00 per share |
| Issue Price (Final) | ₹577.00 per share | ₹221.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹52.00 per share | ₹21.00 per share |
| Market Lot Size | 25 shares | 67 shares |
| Fresh Issue Size | 59,82,635 shares | 9,41,29,524 shares |
| Fresh Issue Size (Amount) | up to ₹345.12 Cr | up to ₹2,080.26 Cr |
| OFS Issue Size | 92,28,796 shares | 8,23,48,779 shares |
| OFS Issue Size (Amount) | up to ₹532.38 Cr | up to ₹1,819.91 Cr |
| Issue Size Total | 1,52,11,431 shares | 17,64,78,303 shares |
| Issue Size Total (Amount) | up to ₹877.50 Cr | up to ₹3,900.17 Cr |
Capillary Technologies IPO opens on Nov 14, 2025, while Pine Labs IPO opens on Nov 07, 2025. The closing date of Capillary Technologies IPO and Pine Labs IPO is Nov 18, 2025, and Nov 11, 2025, respectively.
| Capillary Technologies IPO | Pine Labs IPO | |
|---|---|---|
| Anchor Bid Date | Nov 13, 2025 | Nov 06, 2025 |
| Issue Open | Nov 14, 2025 | Nov 07, 2025 |
| Issue Close | Nov 18, 2025 | Nov 11, 2025 |
| Basis Of Allotment (Tentative) | Nov 19, 2025 | Nov 12, 2025 |
| Initiation of Refunds (Tentative) | Nov 20, 2025 | Nov 13, 2025 |
| Credit of Share (Tentative) | Nov 20, 2025 | Nov 13, 2025 |
| Listing date (Tentative) | Nov 21, 2025 | Nov 14, 2025 |
| Anchor Lockin End date 1 | Dec 18, 2025 | Dec 11, 2025 |
| Anchor Lockin End date 2 | Feb 16, 2026 | Feb 09, 2026 |
Capillary Technologies IPO P/E ratio is 298.93, as compared to Pine Labs IPO P/E ratio of -160.13.
| Capillary Technologies IPO | Pine Labs IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | 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.
| Company Financials (Restated Consolidated)Pine Labs Ltd.'s revenue increased by 28% and profit after tax (PAT) rose by 57% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 67.95 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 52.05 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 298.93 | -160.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹4576.09 Cr. | ₹25376.65 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 2.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.93 | ₹-1.38 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 2.85% | -4.15% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Capillary Technologies IPO Retail Individual Investors (RII) are offered 15,17,333 shares while in Pine Labs IPO retail investors are offered 15,17,333 shares. Qualified Institutional Buyers (QIB) are offered 45,52,002 shares in Capillary Technologies IPO and 5,29,05,992 shares in Pine Labs IPO.
| Capillary Technologies IPO | Pine Labs IPO | |
|---|---|---|
| Anchor Investor Reservation | 68,28,001 shares | 7,93,58,986 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 45,52,002 shares | 5,29,05,992 shares |
| NII | 22,76,000 shares | 2,64,52,995 shares |
| RII | 15,17,333 shares | 1,76,35,330 shares |
| Employee | 38,095 shares | 1,25,000 shares |
| Others | ||
| Total | 1,52,11,431 shares | 17,64,78,303 shares |
Capillary Technologies IPO subscribed 52.98x in total, whereas Pine Labs IPO subscribed 2.48x.
| Capillary Technologies IPO | Pine Labs IPO | |
|---|---|---|
| QIB (times) | 57.30x | 3.97x |
| NII (times) | 69.85x | 0.30x |
| Big NII (times) | 85.42x | 0.25x |
| Small NII (times) | 38.72x | 0.42x |
| RII (times) | 15.85x | 1.27x |
| Employee (times) | 6.88x | 7.78x |
| Other (times) | ||
| Total (times) | 52.98x | 2.48x |
