Capillary Technologies India Limited IPO

Mainboard

Software Products

Listed On: Nov 21, 2025 at ₹ 571.9(NSE)

₹ 14425 /25 Shares

Check Allotment

14 Nov, 2025

Open Date

18 Nov, 2025

Close Date

19 Nov, 2025

Allotment Date

21 Nov, 2025

Listing Date

Price Summary

Last Closing

673.00 (16.64%)

52 Week High

798.95

52 Week Low

570.05

Last Update

31-Dec-2025 3:30 PM

Expected Premium

+ ₹52-54 (9.01%)

*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.

Capillary Technologies India IPO Live Subscription Details

View Subscription Details

QIB 57.27x

Retail 15.82x

NIIs 69.84x

BHNI 85.40x

SHNI 38.71x

Retail 15.82x

EMP 6.88x

Total 52.95x

Last updated: Last updated on 18-Nov-2025 17:46:03

Capillary Technologies India IPO Issue Details

Issue Price ₹549-577 per equity share
Face Value ₹2 Per Equity Share
Total Issue Size 1,52,07,998 shares(aggregating up to ₹877.5 crore)
Fresh Share 59,79,202 shares(aggregating up to ₹345 crore)
Offer For Sale 92,28,796 shares(aggregating up to ₹532.5 crore)
Listing at BSE, NSE
List Price 571.9(NSE)
Listing Date 2025-11-21
Lead Manager JM Financial Ltd
IIFL Capital Services Ltd
Nomura Financial Advisory & Securities (India) Pvt.Ltd
Registrar MUFG Intime India Pvt.Ltd

Market Lot Size

Investors can bid for a minimum of 25 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (min)	1	25	₹14,425
Retail(max)	13	325	₹1,87,525
SHNI(min)	14	350	₹2,01,950
SHNI(max)	69	1,725	₹9,95,325
BHNI(min)	70	1,750	₹10,09,750

Capillary Technologies India IPO Reservation

Capillary Technologies India IPO offers total 15207998 shares. Out of which 4549427 (29.91%) allocated to QIB, 2275485 (14.96%) allocated to NII,1516990 (9.97%) allocated to RII, 38095 (0.25%) allocated to employees and 6828001 (44.9%) allocated to Anchor investors.

Investor Category	Shares Offered	Maximum Allottees
Anchor Investor Shares Offered	6828001 (44.9%)
QIB Shares Offered	4549427 (29.91%)
NII (HNI) Shares Offered	2275485 (14.96%)
bNII > ₹10L	1516990 (10%)
sNII < ₹10L	758495 (5%)
Retail Shares Offered	1516990 (9.97%)
Employee Shares Offered	38095 (0.25%)
Total Shares Offered	15207998 (100%)

Capillary Technologies India IPO Documents

DRHP

RHP

ANCHOR

Capillary Technologies India IPO Details

Capillary Technologies India IPO is a book-built issue of ₹877.5 crores, The total issue size is ₹877.5 crores. The IPO of Capillary Technologies India is priced at ₹549-577 per equity share, which has a face value of ₹2 Per Equity Share each, IPO bidding starts from Nov 14, 2025 and ends on Nov 18, 2025. The allotment for Capillary Technologies India IPO will be finalized on Nov 19, 2025. Capillary Technologies India IPO will be listed on BSE, NSE, with a tentative listing date fixed as Nov 21, 2025. The company shall list its equity shares on the BSE, NSE. MUFG Intime India Pvt.Ltd is the registrar of the issue.

Retail investors can bid for a minimum of 25 shares, extendable to 14,425. S-HNIs will be able to bid for 350 shares at ₹2,01,950, while B-HNIs can also apply for a bid of 1,750 shares at ₹10,09,750. The book-running lead manager for the IPO is/are JM Financial Ltd, IIFL Capital Services Ltd, Nomura Financial Advisory & Securities (India) Pvt.Ltd.

The total issue ₹877.5 crore, comprising a fresh issue of 59,79,202 shares ₹345 crore and having Offer for Sale (OFS) of 92,28,796 shares to mop up ₹532.5 crore.

The Capillary Technologies India IPO sets its price band at 549-577 for each share. A single application for Capillary Technologies India Limited IPO must contain at least 25 shares. Sentiment investors need to invest a minimum of 25 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,425 In order to participate in the sNII, investors must purchase at least 14 lots of 350 shares for ₹2,01,950, while the bNII requires 70 lots of 1,750 shares for an investment of ₹10,09,750.

As on	QIB	NII bNII sNII	Retail	Total
Shares Offered / Reserved	45,49,427	22,75,486 15,16,990 7,58,495	15,16,990	83,79,998
Day 1 14-11-25 05:00 PM	0.29 x	0.28 x 0.39 x 0.06 x	0.27 x	0.28 x
Day 2 17-11-25 05:00 PM	0.31 x	0.56 x 0.60 x 0.47 x	1.08 x	0.52 x
Day 3 18-11-25 05:00 PM	57.27 x	69.84 x 85.40 x 38.71 x	15.82 x	52.95 x

Total No of Applications

9,84,865

Subscription on the basis of Applications

Retail:13.61x BHNI:16.77x SHNI:37.51x

Capillary Technologies India Valuations

EPS Pre IPO ₹1.93/-

EPS Post IPO ₹0.26/-

P/E Pre IPO 298.93

ROE 2.76%

Debt/Equity 0.18

RoNW 2.85%

PAT Margin 2.37%

Price to Book Value 8.87

Market Cap. 4576.09 Cr.

Capillary Technologies India Company Financials

In Crs.

In Cr.

	30-Sep-25	31-Mar-25	31-Mar-24	31-Mar-23
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
Reserves & Surplus	149.34	170.26	30.89	31.99
Total Borrowing	88.94	100.09	77.17	147.47

About Capillary Technologies India Company

Capillary Technologies India Ltd is an Indian SaaS company that offers complete customer loyalty and engagement solutions. Founded in 2008 and headquartered at 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 to enterprises across industries like retail, FMCG, and hospitality.
Customer Engagement & Marketing Automation: The platform provides personalized marketing with SMS, email, push notifications, etc.
AI & Analytics: Their tools use AI and machine learning to provide real-time insights into customers and predictive analytics.
Omnichannel CRM: The technology 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 big brand names such as Tata, Domino’s, Jockey, PUMA, and Shell. The company primarily operates on a subscription-based SaaS model and derives much of its revenues from software licenses, professional services, and support.

Capillary Technologies India - Promoter(s)

Capillary Technologies International Pte Ltd

Aneesh Reddy Boddu

Pre Issue Share Holding : 67.90%

Post Issue Share Holding : N/A%

Capillary Technologies India IPO - Issue Objectives

Funding our cloud infrastructure cost – ₹120.0 Cr

Investment in research, designing and development of our products and platform – ₹151.54 Cr

Investment in purchase of computer systems for our business – ₹10.32 Cr

Funding inorganic growth through unidentified acquisitions and general corporate purposes

Capillary Technologies India IPO - Anchor Investors

Capillary Technologies raises Rs 394 crore from 21 anchor investors.

Of the total allotment made to the anchor investors, 46.1 lakh shares (i.e., 67.52 percent) were allotted to 9 domestic mutual funds such as SBI Mutual Fund, ICICI Prudential MF, Kotak Mahindra AMC, Axis MF, Aditya Birla Sun Life AMC, Mirae Asset, Edelweiss, PGIM India, and Union MF.

The other investors in the anchor book included Amundi Funds, HSBC Global, ValueQuest India, Matthews India Fund, Optimix Wholesale Global, Pinebridge Global Funds, Hornbill, and Innoven Capital India.

Strength

Market leadership in loyalty and engagement solutions: Acknowledged as a leading SaaS provider with a strong foothold across multiple industries, such as retail, FMCG, and hospitality.

Comprehensive and Scalable Product Suite: Integrated Platforms-Loyalty+, Insights+, Engage+, Rewards+-provide end-to-end solutions for a wide array of business needs.

Strong global customer base: Serves 250+ renowned brands in over 30 countries, driving recurring revenue and brand trust through proven SaaS expertise.

Weakness

High customer concentration: The top 5 and top 10 customers contribute 43.35% and 58.71%, respectively, to the revenues. Consequently, the loss of any major client will materially affect financial performance.

Geographic dependency: The company remains heavily reliant on the North American market, accounting for around 56.59% of its revenue for FY25. It is susceptible to regional economic or regulatory factors affecting operations.

Customer Acquisition Challenges: Increased marketing and acquisition costs could impinge on profitability if the company is not able to acquire new clients efficiently.

Contact Details

Capillary Technologies India

#360 Bearing PID No 101, 360, 15th Cross Rd, Sector 4, HSR Layout, Bengaluru, Karnataka - 560102

+91 80 4122 5179

investorrelations@capillarytech.com

http://www.capillarytech.com/

Registrar Contact Details

MUFG Intime India Private Limited (Link Intime)

+91-22-4918 6270

capillarytechnologies.ipo@in.mpms.mufg.com

https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Capillary Technologies India IPO - FAQs

Ans. Capillary Technologies India Limited IPO is a Mainboard IPO. The issue is priced at ₹549-577 per equity share. The minimum order quantity is 25 Shares. The IPO opens on Nov 14, 2025, and closes on Nov 18, 2025. MUFG Intime India Pvt.Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Capillary Technologies India Limited IPO opens on Nov 14, 2025 and closes on Nov 18, 2025.

Ans. You can track the real-time subscription numbers using the links below:

Ans. The size of Capillary Technologies India Limited IPO is Total 877.50 Cr : #Fresh Issue : 59,79,202 shares(aggregating up to ₹345.00 Cr) + #OFS : 92,28,796 shares of ₹2(aggregating up to ₹532.50 Cr).

Ans. The Capillary Technologies India Limited IPO price band is set between ₹549-577 per equity share.

Ans. To apply for Capillary Technologies India Limited IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Capillary Technologies India Limited IPO in the List of IPOs
- Press Apply Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Capillary Technologies India Limited IPO is Nov 19, 2025.

Ans. The Capillary Technologies India Limited IPO will be listed on Nov 21, 2025.

Ans. Follow the steps to check the Capillary Technologies India Limited IPO allotment status online.