Capillary Technologies IPO
GMP, Subscription, Price, Dates & Financial Details
It - Software
Capillary Technologies India Limited is a Bengaluru-headquartered software product company specializing in AI-driven, cloud-native Software-as-a-Service (SaaS) solutions for enterprise customers worldwide. Established in 2008, the company focuses on enabling brands to build and strengthen consumer…
Open Date
Fri, 14 Nov 2025
Close Date
Tue, 18 Nov 2025
Price Band
₹ 549 – 577
Lot Size
25
Issue Size
₹ 878.00 Cr
Minimum Investment
₹ 14,425 (25 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Capillary Technologies IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹878.00 Crore, comprising a fresh issue of 59.83 Lakh equity shares aggregating to ₹345.00 Crore and an offer for sale (OFS) of 92.29 Lakh equity shares aggregating to ₹532.00 Crore by the existing shareholders.
The Capillary Technologies IPO remained open for subscription from November 14, 2025, to November 18, 2025. The basis of allotment was finalized on November 19, 2025, and the company's shares were listed on the NSE and BSE on November 21, 2025.
The company had fixed the price band at ₹549 to ₹577 per share, with a lot size of 25 shares. Retail investors were required to make a minimum investment of ₹14,425 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. IIFL Capital Services Limited, JM Financial Limited, and Nomura Financial Advisory And Securities (India) Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Capillary Technologies India Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Capillary Technologies IPO Timeline (Tentative)
- IPO Open Date
- Fri, 14 Nov 25
- IPO Close Date
- Tue, 18 Nov 25
- Basis of Allotment
- Wed, 19 Nov 25
- Initiation of Refunds
- Thu, 20 Nov 25
- Credit of Shares to Demat
- Thu, 20 Nov 25
- Listing Date
- Fri, 21 Nov 25 — NSE & BSE
Open Date
14 November 2025
Close Date
18 November 2025
Basis Of Allotment
19 November 2025
Listing Date
21 November 2025
IPO Subscription
Check Live Subscription →The Capillary Technologies IPO has received bids for 44,38,95,650 shares against 83,83,430 shares offered, resulting in an overall subscription of 52.95x. the NII category is subscribed 69.84x, Retail Investors 15.82x, Employees 6.88x, and QIBs 57.27x. Within the NII category, BNII is subscribed 85.4x, while SNII is subscribed 38.71x.
QIB
57.27x
NII
69.84x
BNII
85.4x
SNII
38.71x
RII
15.82x
EMP
6.88x
Total
52.95x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 15,17,333 shares, representing 18.1% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 45,52,002 shares (54.3%), while Non-Institutional Investors (NIIs) receive 22,76,000 shares (27.15%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 4,552,002 | 54.3% |
| Non-Institutional | 2,276,000 | 27.15% |
| BNII | 1,517,334 | 18.1% |
| SNII | 758,666 | 9.05% |
| Retail Investors | 1,517,333 | 18.1% |
| Employees | 38,095 | 0.45% |
| Total | 8,383,430 | 100% |
Financials Details(₹ in Crores)
| Particular | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 892.33 | 838.65 | 871.07 | 466.41 |
| Revenue | 362.56 | 611.87 | 535.44 | 266.25 |
| Profit After Tax | 1.03 | 14.15 | -68.35 | -88.56 |
| Net Worth | 509.38 | 481.42 | 452.13 | 99.75 |
| Reserve & Surplus | 149.34 | 170.26 | 30.89 | 31.99 |
| Total Borrowings | 88.94 | 100.09 | 77.17 | 147.47 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Capillary Technologies India Limited KPI Information
| Particular | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROCE % | 2.76 | -9.34 | -28.45 |
| Debt / Equity | 0.18 | 0.14 | 0.79 |
| RoNW % | 2.85 | -21.52 | -135.93 |
| Pat Margin % | 2.37 | -13.02 | -34.68 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Capillary Technologies India Ltd | 2 | 0.00 | 1.93 | 1.91 | 2.85 | 65.03 |
| Salesforce, Inc | 0.08 | 40.07 | 540.79 | 534.07 | 10.26 | 5441.60 |
| Adobe Inc | 0.01 | 28.60 | 1038.29 | 1032.44 | 36.74 | 2650.28 |
| HubSpot, Inc | 0.09 | 0.00 | 7.53 | 7.53 | 0.29 | 3153.16 |
| Braze, Inc. | 0.01 | 0.00 | -85.65 | -85.65 | -22.58 | 402.61 |
About Capillary Technologies India Limited
Capillary Technologies India Limited is a Bengaluru-headquartered software product company specializing in AI-driven, cloud-native Software-as-a-Service (SaaS) solutions for enterprise customers worldwide. Established in 2008, the company focuses on enabling brands to build and strengthen consumer and channel partner loyalty through its advanced technology platforms and data-led insights.
According to the Zinnov Report (September 2025), Capillary is recognized as a global leader in loyalty and engagement management, standing out for its end-to-end loyalty solutions and comprehensive product ecosystem.
Product Portfolio
Capillary’s diversified suite of AI-powered products includes:
- Loyalty+ – Advanced loyalty management platform
- Engage+ – Connected customer engagement platform
- Insights+ – Predictive analytics and customer intelligence platform
- Rewards+ – Rewards and benefits management solution
- Customer Data Platform (CDP) – Unified customer view for personalized engagement
These platforms empower enterprises to run integrated, omnichannel loyalty and engagement programs, deliver personalized customer experiences, and enhance retention and repeat sales.
Global Presence and Client Base
Capillary supports over 410 brands across 47 countries, with offices spanning India, the United States, the United Kingdom, the UAE, and other parts of Asia. Its clientele includes leading brands across retail, FMCG, hospitality, and energy sectors, such as Tata, Domino’s, Jockey, PUMA, and Shell.
Business Model and Strengths
Operating primarily on a subscription-based SaaS model, Capillary generates revenue through software licenses, professional services, and ongoing support.
Key Competitive Strengths:
- Recognized global leader in loyalty and engagement solutions
- Comprehensive, scalable, and customizable SaaS platforms
- Proven success in large-scale, enterprise-grade loyalty programs
- AI-driven insights enabling data-backed decision-making
- Strong, long-term customer relationships with high net revenue retention
Overall, Capillary Technologies stands at the forefront of the global loyalty and customer engagement landscape, leveraging innovation, analytics, and AI to help enterprises build deeper, data-driven relationships with their customers.
Capillary Technologies IPO Promoters
- Capillary Technologies International Pte Ltd
- Aneesh Reddy Boddu
Promoters Holding
Holding Pre Issue
67.90%
Holding Post Issue
0.00%
Capillary Technologies IPO Objective
The Company Capillary Technologies IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding our cloud infrastructure cost
- Investment in research, designing and development of our products and platform
- Investment in purchase of computer systems for our business
- Funding inorganic growth through unidentified acquisitions and general corporate purposes
Capillary Technologies India Limited Address / Contact Details
Capillary Technologies India Limited
#360 bearing PID No 101, 360,
15th Cross Rd, Sector 4,
HSR Layout, Bengaluru, Karnataka
Bengaluru, Karnataka, 560102
Phone: +91 80 4122 5179
Email: investorrelations@capillarytech.com
Website: http://www.capillarytech.com/
IPO Snapshot
Capillary Technologies IPO Lot Size
The Capillary Technologies IPO has a lot size of 25 shares. Retail investors require a minimum investment of ₹14,425 by applying for 1 lot (25 shares). The maximum application allowed for the retail category is 13 lots (325 shares), requiring an investment of ₹1,87,525.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 25 | 14,425.00 |
| Retail (Max) | 13 | 325 | 187,525.00 |
| S-HNI (Min) | 14 | 350 | 201,950.00 |
| S-HNI (Max) | 69 | 1,725 | 995,325.00 |
| B-HNI (Min) | 70 | 1,750 | 1,009,750.00 |
Issue Reservation
- QIB — 54.3%
- NII — 27.15%
- RII — 18.1%
- EMP — 0.45%
Book Running Lead Managers
- IIFL Capital Services Limited
- JM Financial Limited
- Nomura Financial Advisory And Securities (India) Pvt Ltd
IPO Documents & Links
Explore More IPOs
Currently Open
Coming Up Next
Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Capillary Technologies IPO?
Capillary Technologies IPO is a Book-building IPO with a total issue size of ₹878 crore. The Capillary Technologies IPO price band is ₹549 to 577 per share. The Capillary Technologies IPO subscription opens on Fri, Nov 14, 2025, and closes on Tue, Nov 18, 2025. The Capillary Technologies IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Capillary Technologies IPO.
When will the Capillary Technologies IPO open for subscription?
The Capillary Technologies IPO opens on Fri, Nov 14, 2025 and closes on Tue, Nov 18, 2025
What is Capillary Technologies IPO Price Band?
Capillary Technologies IPO Price Band is ₹549 to 577 per share.
What is Capillary Technologies IPO Lot Size?
Capillary Technologies IPO lot size is 25 shares, Retail investors need a minimum investment of ₹14425 based on the upper price band
What is the minimum investment for Capillary Technologies IPO?
The minimum investment for Capillary Technologies IPO is ₹14425, based on one lot of 25 shares at the upper price band of ₹577 per share.
How to apply for Capillary Technologies IPO?
Investors can apply for the Capillary Technologies IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Nov 18, 2025. The application amount remains blocked until the Capillary Technologies IPO allotment is finalized.
What is Capillary Technologies IPO Issue Size?
Capillary Technologies IPO issue size is ₹878 crores.
What is the Capillary Technologies IPO Allotment Date?
Capillary Technologies IPO allotment date is Wed, Nov 19, 2025.
Who is the Capillary Technologies IPO Registrar?
The registrar for Capillary Technologies IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Capillary Technologies IPO allotment status, refund processing, and other IPO-related information.
What is the Capillary Technologies IPO GMP?
The Capillary Technologies IPO GMP (Grey Market Premium) is ₹55 as of Fri, Nov 21, 2025. Based on the upper price band of ₹577 per share, the estimated Capillary Technologies IPO listing price is ₹632, indicating a potential listing gain of approximately 9.53% over the issue price.
Who is the Capillary Technologies IPO Lead Manager?
The book-running lead managers (BRLMs) for the Capillary Technologies IPO are IIFL Capital Services Limited, JM Financial Limited, and Nomura Financial Advisory And Securities (India) Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Capillary Technologies IPO Red Herring Prospectus (RHP).