Capillary Technologies India Limited – IPO

Capillary Technologies IPO is a book build issue of ₹877.50 crores. The issue is a combination of fresh issue of 0.60 crore shares aggregating to ₹345.00 crores and offer for sale of 0.92 crore shares aggregating to ₹532.50 crores. Capillary Technologies IPO opens for subscription on Nov 14, 2025, and closes on Nov 18, 2025. The allotment for the Capillary Technologies IPO is expected to be finalized on November 19, 2025. Capillary Technologies IPO will list on BSE, NSE, with a tentative listing date fixed as Nov 21, 2025. Capillary Technologies' IPO price band is set at ₹549.00 to ₹577.00 per share. The lot size for an application is 25. The minimum amount of investment required by a retail investor is ₹14,425 (25 shares) (based on the upper price). The lot size investment for sNII is 14 lots (350 shares), amounting to ₹2,01,950, and for bNII, it is 70 lots (1,750 shares), amounting to ₹10,09,750.

Capillary Technologies India Limited – IPO Details

IPO Date November 14, 2025 to November 18, 2025
Listing Date November 21, 2025
Face Value ₹ 2 / Share
Price Band ₹ 549 to ₹ 577 / Share
Lot Size 25 Shares
Total Issue Size 1,52,07,998 shares
(Aggregating up to ₹877.50 Cr)
Fresh Issue 59,79,202 shares
(Aggregating up to ₹345.00 Cr)
Offer for Sale 92,28,796 shares of ₹2
(Aggregating up to ₹532.50 Cr)
Employee Discount ₹52.00
Issue Type Bookbuilding IPO
Listing At BSE, NSE
Share holding pre issue 7,33,29,138 shares
Share holding post issue 7,93,08,340 shares
Market Maker portion

Capillary Technologies India Limited Timeline (Tentative Schedule)

Capillary Technologies India Limited IPO opens on November 14, 2025, and closes on November 18, 2025.

IPO Open Date November 14, 2025
IPO Close Date November 18, 2025
Basis of Allotment November 19, 2025
Initiation of Refunds November 20, 2025
Credit of Shares to Demat November 20, 2025
Listing Date November 21, 2025
Cut-off time for UPI mandate confirmation November 18, 2025

Capillary Technologies India Limited IPO 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 Individual Investors (Retail) and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 25 Rs.14,425
Retail (Max) 13 325 Rs.187,525
S-HNI (Min) 14 350 Rs.201,950
S-HNI (Max) 69 1,725 Rs.995,325
B-HNI (Min) 70 1,750 Rs.1,009,750
HNI (Min)

Capillary Technologies India Limited IPO Promoter Holding

Share Holding Pre Issue 67.90%
Share Holding Post Issue

Capillary Technologies India Limited IPO Reservation

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered
Market Maker Shares Offered
Other Shares Offered
QIB Shares Offered Not less than
75%
NII (HNI) Shares Offered Not more than
15%
bNII > ₹10L
sNII < ₹10L
Retail Shares Offered Not more than
10%
Employee Shares Offered
Total Shares Offered

Capillary Technologies India Limited IPO Anchor Investors Details

Bid Date
Shares Offered
Anchor Portion Size (In Cr.)
Anchor lock-in period end date for 50% shares (30 Days)
Anchor lock-in period end date for remaining shares (90 Days)

About Capillary Technologies India Limited

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

Key Performance Indicator

KPI Values
ROE
ROCE 2.76%
Debt/Equity 0.18
RoNW 2.85%
P/BV 8.87
PAT Margin (%) 2.37%
  Pre IPO Post IPO
EPS (Rs) 1.93 0.26
P/E (x) 298.93 2214.95

Note:

  • The Pre IPO EPS is calculated based on Pre-IPO shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2025, that is available in RHP.

Objects of the Issue (Capillary Technologies India Limited IPO Objectives)

Capillary Technologies India Limited Contact Details

Capillary Technologies India Ltd.

#360 bearing PID No 101, 360,

15th Cross Rd, Sector 4,

HSR Layout, Bengaluru, Karnataka

Bengaluru, Karnataka, 560102

Phone: +91 80 4122 5179

Email[email protected]

Websitehttp://www.capillarytech.com/

Capillary Technologies India Limited IPO Registrar

MUFG Intime India Pvt.Ltd.

Phone: +91-22-4918 6270

Email[email protected]

Websitehttps://linkintime.co.in/Initial_Offer/public-issues.html

Frequently Asked Questions


What is Capillary Technologies India Limited IPO?
The Capillary Technologies India Limited IPO is classified as an Mainline IPO. The issue price is set between ₹549 and ₹577 per equity share. A minimum of 25 shares is required per order. The IPO will be open from November 14, 2025, to November 18, 2025. The shares are proposed to be listed on BSE, NSE.

When does the Capillary Technologies India Limited IPO open and close?
The Capillary Technologies India Limited IPO will be opened on November 14, 2025, and closed on November 18, 2025.

What is the issue size of the Capillary Technologies India Limited IPO?
The size of the Capillary Technologies India Limited IPO is ₹877.50 Crin total. A fresh issue of 59,79,202 shares shares, aggregating up to ₹345.00 Cr, is included.

What is the price band of the Capillary Technologies India Limited Limited IPO?
The price band for the IPO has been set between ₹549 - ₹577 per equity share.

What is the allotment date of the Capillary Technologies India Limited IPO?
The share allotment date for the Capillary Technologies India Limited IPO is set for November 19, 2025.

What is the Capillary Technologies India Limited listing date?
The Capillary Technologies India Limited IPO is scheduled to be listed on November 21, 2025.

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