Archive · 13 Nov 2025
Capillary Technologies IPO: ₹877.5 Crore Issue Opens November 14
Capillary Technologies is a company that makes special software using AI to help businesses manage customer loyalty and engagement.
They are having an Initial Public Offering (IPO), which means they are selling parts of their company to the public to raise money.
The IPO will be open for investors to buy shares from November 14 to November 18.
The money raised will be used to improve their technology, develop new products, buy computers, and potentially acquire other companies.
While some market indicators suggest a flat listing, the company is aiming to raise ₹877.50 crore.
The shares will be priced between ₹549 and ₹577.
Qualified institutional buyers will get the largest portion of the shares, followed by non-institutional investors and then retail investors.
The company plans to list on the stock market on November 21.
Capillary Technologies IPO opens on November 14 and closes on November 18, with an issue size of ₹877.50 crore.
The offering includes a fresh issue of ₹345 crore and an offer for sale (OFS) of ₹532.50 crore.
The price band is set at ₹549– ₹577 per share, with a minimum investment of ₹14,425 for retail investors.
The company provides AI-driven, cloud-native SaaS products for loyalty management, customer engagement, and analytics.
Proceeds will be used for cloud infrastructure, R&D, computer systems, potential acquisitions, and general corporate purposes.
The IPO has a lot size of 25 shares, with 75% reserved for Qualified Institutional Buyers (QIBs).
Grey market premium (GMP) for the IPO was reported as nil.
The company reported a loss of ₹88.56 crore in FY23, which decreased to ₹68.35 crore in FY24, and a profit of ₹14.15 crore in FY25.
Total income increased from ₹266.25 crore in FY23 to ₹535.44 crore in FY24 and ₹611.87 crore in FY25.
JM Financial, IIFL Capital Services, and Nomura are the book-running lead managers.
- Who
- Capillary Technologies India, a software product company offering AI-based cloud-native SaaS products.
- What
- Initial Public Offering (IPO) to raise ₹877.50 crore.
- When
- Opens November 14 and closes November 18, with listing expected on November 21.
- Where
- Proposed to list on the BSE and NSE.
- Why
- To fund cloud infrastructure, R&D, purchase computer systems, potential acquisitions, and general corporate purposes.
Investor Sentiment
IPO Details
Grey Market Premium (GMP)
Investor Sentiment
Recent grey market sources indicate a nil GMP, suggesting the issue might list at par with the issue price, implying a lack of strong investor enthusiasm.
IPO Details
Despite the nil GMP, the IPO is opening with a total issue size of ₹877.50 crore, a price band of ₹549– ₹577 per share, and includes both fresh issue and offer for sale components, indicating significant market activity.
- Company Name
- Capillary Technologies India
- Issue Size
- ₹877.50 crore
- IPO Opening Date
- November 14
- IPO Closing Date
- November 18
- Price Band
- ₹549– ₹577 per share
- Lot Size
- 25 shares
- Minimum Investment (Retail)
- ₹14,425
- Listing Dates
- Expected November 21 on BSE and NSE
