Overview
- Capillary drew bids for 43.26 crore shares against 83.83 lakh on offer on the final day, translating to 51.60x overall subscription, with QIBs at 56.7x, NIIs at 68.9x, retail at 12.1x, and employees at 5.8x.
- The SaaS company’s Rs 877.5 crore IPO is priced at Rs 549–577, includes a Rs 345 crore fresh issue and Rs 532.5 crore OFS, and raised about Rs 394 crore from anchor investors.
- The grey market premium climbed to roughly Rs 45 on Nov. 18, implying an estimated 7–8% listing gain over the upper band, though GMP is speculative and unofficial.
- Basis of allotment is expected on Nov. 19, with shares slated to list on NSE and BSE on Nov. 21, according to the issue schedule and exchange data.
- Only two new IPOs open Nov. 19–21: Excelsoft Technologies’ Rs 500 crore mainboard offer at Rs 114–120 and Gallard Steel’s Rs 37.5 crore SME issue at Rs 142–150, while listings this week include PhysicsWallah and Emmvee (Nov. 18), Tenneco Clean Air (Nov. 19), and Fujiyama Power Systems (Nov. 20).