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Capillary Technologies IPO

IPO Details

IPO DateNovember 14, 2025 to November 18, 2025
Listing DateNovember 21, 2025
Face Value₹2 per share
Issue Price Band₹549 to ₹577 per share
Issue Price Final₹577 per share
Lot Size25 Shares
Sale TypeFresh Capital-cum-Offer for Sale
Total Issue Size1,52,11,431 shares (aggregating up to ₹877.70 Cr)
Fresh Issue59,82,635 shares (aggregating up to ₹345.20 Cr)
Offer for Sale92,28,796 shares of ₹2 (aggregating up to ₹532.50 Cr)
Employee Discount₹52.00
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Share Holding Pre Issue7,33,29,138 shares
Share Holding Post Issue7,93,11,773 shares

IPO Subscription Details

Anchor Investors1
QIB (Ex Anchor)57.30
Non-Institutional Buyers69.83
bNII (bids above ₹10L)85.42
sNII (bids below ₹10L)38.64
Retail Investors15.71
Employees6.86
Total **52.94

IPO Important Dates

IPO Open DateFri, Nov 14, 2025
IPO Close DateTue, Nov 18, 2025
Tentative AllotmentWed, Nov 19, 2025
Initiation of RefundsThu, Nov 20, 2025
Credit of Shares to DematThu, Nov 20, 2025
Tentative Listing DateFri, Nov 21, 2025
Cut-off time for UPI mandate confirmation5 PM on Tue, Nov 18, 2025

IPO Lot Size

Retail (Min)125₹14,425
Retail (Max)13325₹1,87,525
S-HNI (Min)14350₹2,01,950
S-HNI (Max)691,725₹9,95,325
B-HNI (Min)701,750₹10,09,750

Financial Information

Period Ended30 Sep 202531 Mar 202531 Mar 2024
Assets892.33838.65871.07
Total Income362.56611.87535.44
Profit After Tax1.0314.15-68.35
EBITDA39.8278.57-1.49
NET Worth509.38481.42452.13
Reserves and Surplus149.34170.2630.89
Total Borrowing88.94100.0977.17

Key Performance Indicator

ROCE2.76
Debt/Equity0.18
RoNW2.85
PAT Margin2.37
EBITDA Margin13.13
Price to Book Value8.87
Market Capitalization4576.09

Peers Comparison

Our Company (Fiscal 2025)1.931.9165.032.85
Salesforce, Inc.540.79534.075,441.6040.0710.26
Adobe Inc.1,038.291,032.442,650.2828.6036.74
HubSpot, Inc.7.537.533,153.160.29
Braze, Inc.-85.65-85.65402.61-22.58

Information about company

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 across industries like retail, FMCG, and hospitality.
Customer Engagement & Marketing Automation: The platform enables personalized marketing through SMS, email, push notifications, and more.
AI & Analytics: Their tools leverage AI and machine learning to deliver real-time customer insights and predictive analytics.
Omnichannel CRM: Helps brands maintain consistent engagement with customers across online and offline channels.
Clients & Global Reach: Capillary serves over 250 brands across more than 30 countries, including major names like Tata, Domino’s, Jockey, PUMA, and Shell.

The company primarily operates on a subscription-based SaaS model, generating revenue from software licenses, professional services, and support.
Competitive Strengths:

Market Leader in Loyalty Solutions
Comprehensive Solutions (Loyalty+, Insights+, Engage+, Rewards+) for Diverse Segments
Multiple loyalty program and coalitions for retailers and conglomerates
Customer and fleet loyalty for energy retail
Scalable Cloud-Based Infrastructure with Seamless Integration
Diverse Long-Term Customer Relationships with High Net Revenue Retention

Objectives of IPO

The Company Capillary Technologies IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:




S.No.
Objects of the Issue
Expected Amount (₹ in crores)



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

Disclaimer

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.

We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.

No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever

Please read all Tearms and conditions , and agree to use the App

Day Wise Sub

Day 1 Nov 14, 20250.290.280.390.060.280.920.29
Day 2 Nov 17, 20250.310.560.600.471.091.960.52
Day 3 Nov 18, 202557.3069.8385.4238.6415.716.8652.94

Day Wise GMP

21-11-2025577.0055(9.53%)632
20-11-2025577.0053(9.19%)630
19-11-2025577.0055(9.53%)632
18-11-2025577.0062(10.75%)639
17-11-2025577.0029(5.03%)606
16-11-2025577.0023(3.99%)600
15-11-2025577.0045(7.80%)622
14-11-2025577.0050(8.67%)627
13-11-2025577.000(0.00%)577
12-11-2025577.000(0.00%)577
11-11-2025577.000(0.00%)577
10-11-20250(0.00%)(0.00%)
09-11-20250(%)(%)

IPO Reservation

QIB Shares Offered1,13,80,003 (74.81%)NA
− Anchor Investor Shares Offered68,28,001 (44.89%)NA
− QIB (Ex. Anchor) Shares Offered45,52,002 (29.92%)NA
NII (HNI) Shares Offered22,76,000 (14.96%)NA
− bNII > ₹10L15,17,334 (9.97%)4,335
− sNII < ₹10L7,58,666 (4.99%)2,167
Retail Shares Offered15,17,333 (9.97%)60,693
Employee Shares Offered38,095 (0.25%)NA
Total Shares Offered1,52,11,431 (100.00%)