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Capillary Technologies IPO

Capillary Technologies IPO — date, price band, lot size & details 2025

Capillary Technologies listed on 21 Nov 2025 at ₹571.9, 0.9% below the ₹577 issue price.

Capillary Technologies is an Indian SaaS company providing AI-powered customer engagement and loyalty solutions to brands across retail, BFSI, and other sectors. The company is planning to launch its IPO in India to raise funds for expansion, technology upgrades, and possible acquisitions. With strong global presence and recurring revenue model, the IPO is expected to attract investors looking for growth-oriented technology companies.

Stock price

Capillary Technologies is listed — here is the live share price.

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Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 23 October.

Key dates Listed
  1. Open 14 Nov 2025
  2. Close 18 Nov 2025
  3. Allotment 19 Nov 2025
  4. Refund/credit 20 Nov 2025
  5. Listing 21 Nov 2025

Issue summary

The terms of the offer, as filed.

IPO Dates 14 to 18 Nov, 2025
Price Band ₹549 to 577
Face Value ₹2
Lot Size 25 Shares
Issue Size ₹877.50 Cr
Sale Type Fresh capital cum OFS
Listing On BSE & NSE
Employee Discount Rs 52.00 per share
Registrar MUFG Intime India Private Limited
Min Investment ₹ 14,425
Reservation
QIB 75%
NII 15%
Retail 10%
Employee 0.25%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 25 shares at the ₹577 cut-off. Drag to size your application.

shares
1 lot lots
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

Three years of numbers

All figures in ₹ crore, as reported in the Capillary Technologies offer document.

Total income
362.56
535
612
363
31 Mar 202431 Mar 202530 Sep 2025
Profit after tax
1.03
-68
14
1
31 Mar 202431 Mar 202530 Sep 2025
EBITDA
39.82
-1
79
40
31 Mar 202431 Mar 202530 Sep 2025
Metric 30 Sep 2025 31 Mar 2025 31 Mar 2024
Revenue 362.56 611.87 535.44
OPM % 10.9 2.3
EBITDA 39.82 78.57 -1.49
Net Profit 1.03 14.15 -68.35
Debt 88.94 100.09 77.17
Assets 892.33 838.65 871.07

See how this IPO compares — view listing performance of all mainboard IPOs.

Valuation & key ratios

Ratios are for the latest full financial year reported in the Capillary Technologies RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.

P/E Ratio
2214.95
EPS (₹)
0.26
RoCE
2.76
RoNW
2.85
PAT Margin
2.37

Capillary Technologies IPO Valuation

How the issue prices the company before and after the fresh shares are created.

Valuation Metric Post-Issue
EPS (₹) ₹0.26
P/E Ratio (x) 2,214.95
Market Cap at Offer Price (₹ Cr) ₹2,285.81

Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹577 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.

Where the money goes

₹322.91 Cr of the issue is earmarked to named objects.

Funding our cloud infrastructure cost ₹143.00 Cr
Investment in research, designing and development of our products and platform ₹71.58 Cr
Investment in purchase of computer systems for our business ₹10.34 Cr
Funding inorganic growth through unidentified acquisitions and general corporate purposes ₹97.99 Cr

About the company

Capillary Technologies was founded in 2008 in Bengaluru by Aneesh Reddy along with co-founders Krishna Mehra and Ajay Modani. The company started with a vision to help brands understand and engage customers better using technology. Over time, it has expanded globally and now serves enterprises across multiple countries, building a strong presence in sectors like retail, hospitality, and consumer goods through continuous innovation and acquisitions.
The company offers AI-driven, cloud-based SaaS solutions focused on customer loyalty and engagement. Its key products include loyalty management platforms, customer data platforms, analytics tools, and rewards solutions that enable businesses to deliver personalised experiences across digital and offline channels. It follows a subscription-based business model, earning revenue through licensing, implementation, and service fees, while maintaining long-term relationships with enterprise clients worldwide.

Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.

Promoters
Aneesh Reddy Boddu, Capillary Technologies International Pte.Ltd
Promoter holding
67.95% → 52.05%
Pre-issue → post-issue
Registered office
#360 bearing PID No 101, 360, 15th Cross Rd, Sector 4, HSR Layout, Bengaluru, Karnataka Bengaluru, Karnataka, 560102
+91 80 4122 5179

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
JM Financial Ltd. View track record →
Book-running lead manager
IIFL Capital Services Limited View track record →
Red Herring Prospectus
SEBI filing
Final offer document — price band, financials and risk factors. This page is built from it.
Open the RHP

Capillary Technologies IPO Documents

Read the filings this page is built from.

Lead Manager Track Record

How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.

JM Financial Ltd.

37 issues handled
Listed in Profit 76.5% 26 of 34 listed
Avg Listing Gain +16.4% across 34 issues
Listed Below Issue 8 of 34 listed

Best listing: Tempsens Instruments (India) (+111.3%). Weakest: Turtlemint Fintech Solutions (-10.4%).

IIFL Capital Services Limited

34 issues handled
Listed in Profit 75% 24 of 32 listed
Avg Listing Gain +15.9% across 32 issues
Listed Below Issue 8 of 32 listed

Best listing: Tonbo Imaging India (+65.7%). Weakest: Acevector (-11.5%).

Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.

Company contact

Company
Capillary Technologies
Email

Frequently asked

What is the GMP of Capillary Technologies?

The current Grey Market Premium is ₹0.

What is the Capillary Technologies IPO price band?

₹549 to ₹577, on a face value of ₹2.

When is the allotment?

The basis of allotment is 19 November 2025, with listing on 21 November 2025.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.

Capillary Technologies IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹0
Subscribed
52.95×
Min bid
₹14,425
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