Capillary Technologies’ IPO saw overwhelming investor interest, closing with nearly 53 times subscription.
The Bengaluru-based SaaS company, offering AI-led loyalty and customer engagement tools, received bids for over 44 crore shares against 84 lakh on offer.
Demand was strongest from big investors, with NIIs subscribing around 70 times and QIBs about 57 times, while retail investors subscribed nearly 16 times.
The ₹877.5-crore issue, priced at ₹549–₹577, includes a fresh issue for expanding cloud infrastructure, R&D, and potential acquisitions. IPO allotment will be finalised on November 19, followed by refunds and demat credits.