Overview
- Capillary allotted 68.28 lakh shares at Rs 577 each to raise Rs 393.98 crore, with about 67.5% of the anchor book going to nine domestic mutual funds across 13 schemes.
- Anchor participants included SBI, ICICI Prudential, Kotak, Axis, Aditya Birla Sun Life, Mirae Asset, Edelweiss, PGIM India and Union MF, alongside Amundi, PineBridge, Matthews India Fund, HSBC GIF, Hornbill Orchid and Innoven Capital.
- The IPO opens on Nov 14 and closes on Nov 18 with a price band of Rs 549–577 per share, aiming to raise up to about Rs 877.5 crore at the upper end.
- The offer consists of a Rs 345 crore fresh issue and an offer-for-sale of about 92.29 lakh shares, reflecting a downsized plan versus the DRHP as some intended sellers withdrew.
- Proceeds will fund growth initiatives, repay debt and strengthen the AI-driven engagement platform; the SaaS firm posted a FY25 net profit of Rs 13.3 crore and 25% YoY revenue growth in H1 FY26.