Capillary Technologies IPO open date is November 14, 2025 and the IPO will close on November 18, 2025. Capillary Technologies IPO is a Book Built Issue. The company to raise around ₹[.] crores via IPO that comprises fresh issue of ₹430 crores and offer for sale up to ₹92,28,796 equity shares with face value of ₹2 each.
Capillary Technologies IPO price band is ₹[.] per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. Capillary Technologies IPO to list on BSE, NSE on November 21, 2025. The allotment of Capillary Technologies IPO GMP date is November 19, 2025.
As per the financials the IPO investors should apply the IPO for a long term.
Capillary Technologies IPO Details
| IPO Open Date | November 14,2025 |
| IPO Close Date | November 18,2025 |
| Face Value | ₹2 Per Equity Share |
| IPO Price Band | ₹[.] to ₹[.] Per Share |
| Issue Size | Approx ₹[.] Crores |
| Fresh Issue | Approx ₹345 Crores |
| Offer for Sale: | Approx 92,28,796 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Capillary Technologies IPO Market Lot
The Capillary Technologies IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | – | – | ₹- |
| Retail Maximum | – | – | ₹- |
| S-HNI Minimum | – | – | ₹- |
| S-HNI Maximum | – | – | ₹- |
| B-HNI Minimum | – | – | ₹- |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 75% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 10% |
Capillary Technologies IPO Anchor Investors
| Anchor Bidding Date | November 13, 2025 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | December 19, 2025 |
| lock-in period end date 50% shares (90 Days) | February 17, 2026 |
Capillary Technologies IPO Dates
The Capillary Technologies IPO date is November 14 and the close date is November 18. The Capillary Technologies IPO allotment will be finalized on November 19 and the IPO listing on November 21.
| IPO Open Date: | November 14, 2025 |
| IPO Close Date: | November 18, 2025 |
| Basis of Allotment: | November 19, 2025 |
| Refunds: | November 20, 2025 |
| Credit to Demat Account: | November 20, 2025 |
| IPO Listing Date: | November 21, 2025 |
| IPO Bidding Cut-off Time: | November 18, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Capillary Technologies International Pte Ltd and Aneesh Reddy Boddu.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 7,33,29,138 | 67.90% |
| Promoter Holding Post Issue | – | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Funding our cloud infrastructure cost | ₹120 |
| Investment in research, designing and development of our products and platform | ₹151.54 |
| Investment in purchase of computer systems for our business | ₹10.32 |
| Funding inorganic growth through unidentified acquisitions and general corporate purposes | ₹- |
About Capillary Technologies IPO
Capillary Technologies is a software products company that provides artificial intelligence ("AI")-based cloud-native software-as-a-service ("SaaS") products and solutions primarily to enterprise customers (customers contributing revenue from operations exceeding ₹8.00 million in a fiscal year) to build loyalty among their consumers and channel partners globally.
The company's growth is driven by its skilled and experienced team members. Furthermore, the company has several unique strengths, including being considered one of the largest firms in loyalty solutions.
Furthermore, Capillary Technologies India Limited is projected to grow revenue by 14% and profit after tax (PAT) by 122% from FY 2024 to FY 2025.
Capillary Technologie IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹266.25 | ₹324.59 | ₹87.72 | ₹466.41 |
| 2024 | ₹535.44 | ₹536.93 | ₹59.38 | ₹871.07 |
| 2025 | ₹611.87 | ₹533.30 | ₹13.28 | ₹838.65 |
| September 2025 | ₹362.56 | ₹322.74 | ₹1.03 | ₹892.33 |
Capillary Technologies IPO Valuation – FY2025
Check Capillary Technologies IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | -% |
| ROCE: | -% |
| EBITDA Margin: | 13.13% |
| PAT Margin: | 2.37% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹1.93 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 2.85% |
| Net Asset Value (NAV): | ₹65.03 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Salesforce, Inc | 540.79 | 42.94 | 10.26% | 5,441.60 | 3,18,215.34 Cr. |
| Adobe Inc. | 1,038.29 | 32.98 | 36.74% | 2,650.28 | 1,79,633.40 Cr. |
| HubSpot, Inc | 7.53 | NA | 0.29% | 3,153.16 | 21,986.92 Cr. |
| Braze, Inc | (85.65) | NA | (22.58%) | 402.61 | 4,983.04 Cr. |
Capillary Technologies India Limited is a leading Indian software-as-a-service (SaaS) company specializing in customer loyalty and engagement solutions. Founded in 2008 and headquartered in Bengaluru, Capillary offers a comprehensive suite of products that help brands understand and connect with their customers more effectively through data-driven insights.
Key Offerings:
Loyalty Management Solutions: Capillary provides scalable, customizable loyalty programs for enterprises in industries such as retail, FMCG, and hospitality.
Customer Engagement and Marketing Automation: The platform enables personalized marketing through SMS, email, push notifications, and more.
AI and Analytics: Their tools leverage AI and machine learning to provide real-time customer insights and predictive analytics.
Omnichannel CRM: Helps brands maintain continuous engagement with customers across online and offline channels.
Customers and Global Reach: Capillary serves over 250 brands in over 30 countries, including leading names like Tata, Domino's, Jockey, PUMA, and Shell.
The company operates primarily on a subscription-based SaaS model, generating revenue from software licenses, professional services, and support.
Competitive Strengths:
Market leader in loyalty solutions
Comprehensive solutions for various sectors (Loyalty+, Insight+, Engage+, Rewards+)
Multiple loyalty programs and alliances for retailers and groups
Customer and fleet loyalty for the energy retail sector
Scalable cloud-based infrastructure with seamless integration
Diverse long-term customer relationships with high net revenue retention
IPO Lead Managers aka Merchant Bankers
- JM Financial Ltd.
- IIFL Capital Services Ltd.
- Nomura Financial Advisory & Securities (India) Pvt.Ltd.
Company Address
Capillary Technologies India Ltd.
#360 bearing PID No 101, 360,
15th Cross Rd, Sector 4,
HSR Layout, Bengaluru, Karnataka
Bengaluru, Karnataka, 560102
Phone: +91 80 4122 5179
Email: investorrelations@capillarytech.com
Website: http://www.capillarytech.com/
IPO Registrar
MUFG Intime India Pvt Ltd.
Phone: +91-22-4918 6270
Email : capillarytechnologies.ipo@in.mpms.m
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html