Bookbuilding IPO | ₹878 Cr | Listed at BSE, NSE
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 ₹345.12 crores and offer for sale of 0.92 crore shares aggregating to ₹532.38 crores.
Capillary Technologies IPO bidding started from Nov 14, 2025 and ended on Nov 18, 2025. The allotment for Capillary Technologies IPO was finalized on Nov 19, 2025. The shares got listed on BSE, NSE on Nov 21, 2025.
Capillary Technologies IPO price band is set at ₹577 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.
The issue includes a reservation of up to 38,095 shares for employees offered at a discount of ₹52.00 to the issue price.
JM Financial Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Capillary Technologies IPO RHP for detailed Information.
IPO Open
Fri, Nov 14, 2025
IPO Close
Tue, Nov 18, 2025
Issue Price
₹577 per share
Market Cap (Pre-IPO)
₹4,576.09 Cr
| IPO Date | 14 to 18 Nov, 2025 |
| Listed on | Fri, Nov 21, 2025 |
| Face Value | ₹2 per share |
| Price Band | ₹549 to ₹577 |
| Issue Price | ₹577 per share |
| Lot Size | 25 Shares |
| Sale Type | Fresh Capital & OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹52.00 |
| Total Issue Size | 1,52,11,431 shares (agg. up to ₹878 Cr) |
| Fresh Issue | 59,82,635 shares (agg. up to ₹345 Cr) |
| Offer for Sale | 92,28,796 shares of ₹2 (agg. up to ₹532 Cr) |
| Share Holding Pre Issue | 7,33,29,138 shares |
| Share Holding Post Issue | 7,93,11,773 shares |
| BSE Script Code / NSE Symbol | 544614 / CAPILLARY |
| ISIN | INE0ILV01024 |
Capillary Technologies IPO offers total 1,52,11,431 shares. Out of which 1,13,80,003 (74.81%) allocated to QIB, 45,52,002 (29.92%) allocated to QIB (Ex- Anchor), 22,76,000 (14.96%) allocated to NII 15,17,333 (9.97%) allocated to RII and 68,28,001 (44.89%) allocated to Anchor investors.
| Investor Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 1,13,80,003 (74.81%) | NA |
| − Anchor Investor Shares Offered | 68,28,001 (44.89%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 45,52,002 (29.92%) | NA |
| NII (HNI) Shares Offered | 22,76,000 (14.96%) | NA |
| − bNII > ₹10L | 15,17,334 (9.97%) | 4,335 |
| − sNII < ₹10L | 7,58,666 (4.99%) | 2,167 |
| Retail Shares Offered | 15,17,333 (9.97%) | 60,693 |
| Employee Shares Offered | 38,095 (0.25%) | NA |
| Total Shares Offered | 1,52,11,431 (100.00%) |
Investors can bid for a minimum of 25 shares and in multiples thereof.
| 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 | 1,725 | ₹9,95,325 |
| B-HNI (Min) | 70 | 1,750 | ₹10,09,750 |
Capillary Technologies IPO raises ₹393.98 crore from anchor investors. Capillary Technologies IPO Anchor bid date is November 13, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Thu, Nov 13, 2025 |
| Shares Offered | 68,28,001 |
| Anchor Portion (₹ Cr.) | 393.98 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Dec 18, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Feb 16, 2026 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
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:
The company primarily operates on a subscription-based SaaS model, generating revenue from software licenses, professional services, and support.
Competitive Strengths:
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 Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 892.33 | 838.65 | 871.07 | 466.41 |
| Total Income | 362.56 | 611.87 | 535.44 | 266.25 |
| Profit After Tax | 1.03 | 14.15 | -68.35 | -88.56 |
| EBITDA | 39.82 | 78.57 | -1.49 | -58.34 |
| NET Worth | 509.38 | 481.42 | 452.13 | 99.75 |
| Reserves and Surplus | 149.34 | 170.26 | 30.89 | 31.99 |
| Total Borrowing | 88.94 | 100.09 | 77.17 | 147.47 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding our cloud infrastructure cost | 143.00 |
| 2 | Investment in research, designing and development of our products and platform | 71.58 |
| 3 | Investment in purchase of computer systems for our business | 10.34 |
| 4 | Funding inorganic growth through unidentified acquisitions and general corporate purposes | 97.99 |
| KPI | Mar 31, 2025 |
|---|---|
| ROCE | 2.76% |
| Debt/Equity | 0.18 |
| RoNW | 2.85% |
| PAT Margin | 2.37% |
| EBITDA Margin | 13.13% |
| Price to Book Value | 8.87 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 1.93 | 0.26 |
| P/E (x) | 298.93 | 2214.95 |
| Promoter Holding | 67.95% | 52.05% |
| Market Cap | ₹4,576.09 Cr. |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the BRLMs and commissions (including underwriting commission, brokerage and selling commission, as applicable) | 25.04 |
| 2 | Commission/processing fee for SCSBs, Banker(s) to the Offer for Bids made by RIIs and Eligible Employees. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.98 |
| 3 | Fees payable to Registrar to the Offer | 0.17 |
| 4 | Fees payable to other advisors to the Offer (including statutory auditors$ , industry expert^ and independent chartered accountant | 5.99 |
| 5 | Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees, CDSL and NSDL and other regulatory expenses; | 4.23 |
| 6 | Printing and distribution of stationery; | 0.64 |
| 7 | Fees payable to legal counsel; | 7.75 |
| 8 | Advertising and marketing expenses | 1.11 |
| 9 | Miscellaneous | 10.29 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹577.00 | ₹577.00 |
| Open | ₹560.00 | ₹571.90 |
| Low | ₹560.00 | ₹570.05 |
| High | ₹633.00 | ₹633.90 |
| Last Trade | ₹606.90 | ₹606.50 |
Capillary Technologies IPO is a main-board IPO of 1,52,11,431 equity shares of the face value of ₹2 aggregating up to ₹878 Crores. The issue is priced at ₹577 per share. The minimum order quantity is 25.
The IPO opens on Fri, Nov 14, 2025, and closes on Tue, Nov 18, 2025.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Capillary Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Capillary Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Capillary Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Capillary Technologies IPO opens on Fri, Nov 14, 2025 and closes on Tue, Nov 18, 2025.
Capillary Technologies IPO lot size is 25, and the minimum amount required for application is ₹14,425.
You can apply in Capillary Technologies IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Capillary Technologies IPO will be done on Wednesday, November 19, 2025, and the allotted shares will be credited to your demat account by Thu, Nov 20, 2025. Check the Capillary Technologies IPO allotment status.
The Capillary Technologies IPO listing date is on Fri, Nov 21, 2025.
