Overview
- By the close of day one, the offer was subscribed 28% overall, with QIBs at 29%, NIIs at 28% and retail at 26%, according to exchange data.
- The Rs 877.5 crore book-built issue is priced at Rs 549–577 per share and remains open for bidding from November 14 to 18.
- The company raised about Rs 394 crore from 21 anchor investors a day earlier, including SBI MF, ICICI Prudential MF, Kotak MF, Axis MF and Amundi.
- The grey market premium stood at Rs 0 on Friday, pointing to uncertain listing gains despite credible anchor participation.
- Capillary, an AI-led SaaS loyalty provider serving over 393 brands across 46 countries, returned to profit in FY25 and plans to use fresh proceeds for cloud infrastructure, R&D, computer systems, potential acquisitions and general corporate purposes.