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Capillary Technologies Secures ₹394 Crore from Anchors Ahead of IPO Launch

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Capillary Tech Raises ₹394 Cr Pre-IPO | Business Honor

Business Honor
14 November, 2025

Capillary Technologies India raises ₹394 Crore from Anchor Investors a Day before Initial Share Sale Opening.

Capillary Technologies India, a SaaS technology company announced that it has secured ₹394 crore from anchor investors right before its initial public offering (IPO) opens for subscriptions. 21 different entities participated in the anchor book, including SBI Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mahindra Mutual Fund, Axis Mutual Fund, Amundi Funds, ValueQuest Investment Advisors, US-based PineBridge Investments, and Hornbill Orchid India Fund. According to a circular posted on the BSE website, the firm allocated 68.28 lakh equity business shares at an anchor investor price of ₹577 per share, resulting in a total raise of ₹393.98 crore.

Of the total shares, 46.10 lakh, accounting for 67.52 percent, were distributed among nine domestic mutual funds through 13 different schemes. The initial public offering (IPO) worth Rs 877.5 crore is set to open for public subscription from November 14 and will close on November 18. The company has established a price range of Rs 549 to Rs 577 per share. If investors opt for the highest price point, Capillary Technologies India could raise up to Rs 877.5 crore from this IPO, which includes a fresh issue of Rs 345 crore and an offer for sale of 92,28,796 shares. Bidders must purchase a minimum of 25 equity shares and can do so in increments of an additional 25.

For the six months ending September 2025, Capillary Technologies India reported consolidated revenue from operations amounting to Rs 359.21 crore and achieved total revenues of Rs 598.25 crore in FY25. The company's stocks are expected to be listed on both the BSE and NSE exchanges. JM Financial, IIFL Capital Services, and Nomura Financial Advisory & Securities (India) Pvt Ltd serve as book-running lead managers alongside MUFG Intime India overseeing the IPO process.