
Capillary Technologies IPO Description – Capillary Technologies is a global software product enterprise specializing in artificial intelligence (AI)-enabled, cloud-native Software-as-a-Service (SaaS) solutions designed primarily for enterprise customers. The company provides end-to-end loyalty solutions through its diversified product suite, which includes Loyalty+ (loyalty management), Engage+ (connected engagement), Insights+ (predictive analytics), Rewards+ (rewards management), and a customer data platform (CDP).
It operated 13 offices across India, the United States, the United Kingdom, the United Arab Emirates, Singapore, Indonesia, Vietnam, and Malaysia, serving 393 brands across 46 countries as of 31 March 2025. Its client base includes 16 Global Fortune 500 companies and marquee names such as Aditya Birla Fashion and Retail, Abbott Laboratories (Singapore), Tata Digital, Frontier Communications, and leading global banks and conglomerates.
Operating in a loyalty management market estimated at INR 1700 crore in Fiscal 2024 and projected to reach INR 2730 crore by Fiscal 2029 (CAGR: 9.9%), as of 31 March 2025, the company employed 678 full-time employees.

Promoters of Capillary Technologies – Capillary Technologies International Pte. Ltd. and Aneesh Reddy Boddu
Capillary Technologies IPO Details
| Capillary Technologies IPO Dates | 14 – 18 November 2025 |
| Capillary Technologies Issue Price | Coming soon |
| Fresh issue | INR 345 crore |
| Offer For Sale | 92,28,796 shares |
| Total IPO size | Coming soon |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 2 per share |
| Retail Allocation | 10% |
| Listing On | BSE, NSE |
Capillary Technologies Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 255.37 | 525.10 | 598.26 |
| Expenses | 324.59 | 536.93 | 533.30 |
| Net income | (87.72) | (59.38) | 13.28 |
| Margin (%) | (34.35) | (11.31) | 2.22 |
Capillary Technologies Offer News
Capillary Technologies Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2025 (Post-Issue) | |
| EPS | (17.63) | (12.15) | 1.91 | – |
| PE Ratio | – | – | – | – |
| FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | (135.93) | (21.52) | 2.85 |
| NAV | 19.77 | 79.20 | 65.03 |
| ROCE (%) | (28.45) | (9.34) | 2.76 |
| EBITDA (%) | (28.17) | (0.31) | 13.13 |
| Debt/Equity | 0.79 | 0.14 | 0.18 |
Capillary Technologies IPO GMP Today (Daily Trend)
Capillary Technologies Offer Objectives
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Funding the cloud infrastructure cost – INR 120 crore
- Investment in research, designing and development of the products and platform – INR 151.54 crore
- Investment in purchase of computer systems for the business – INR 10.36 crore
- Funding inorganic growth through unidentified acquisitions and general corporate purposes
Capillary Technologies IPO Subscription – Live Updates
Coming soon
() shares allotted to anchor investors are not included in these calculations.
Capillary Technologies – Comparison With Listed Peer
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Capillary Technologies | – | 1.91 | 2.85 | 65.03 | 598.26 |
| Salesforce | 42.94 | 534.07 | 10.26 | 5,441.60 | 3,18,215.34 |
| Adobe | 32.98 | 1,032.44 | 36.74 | 2,650.28 | 1,79,633.40 |
Capillary Technologies IPO Allotment Status
Capillary Technologies IPO allotment status will be available on MUFG Intime India’s website. Click on this link to get the allotment status.
Capillary Technologies IPO Dates & Listing Performance
| IPO Opening Date | 14 November 2025 |
| IPO Closing Date | 18 November 2025 |
| Finalization of Basis of Allotment | 19 November 2025 |
| Initiation of refunds | 20 November 2025 |
| Transfer of shares to demat accounts | 20 November 2025 |
| Capillary Technologies IPO Listing Date | 21 November 2025 |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Capillary Technologies IPO Reviews – Subscribe or Avoid?
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Capillary Technologies IPO Lead Manager
JM FINANCIAL LIMITED
7th Floor, Cnergy Appsaheb Marathe Marg
Prabhadevi, Mumbai 400 025
Phone: +9122 6630 3030
Email: [email protected]
Website: www.jmfl.com
Capillary Technologies Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 247 Park, 1st Floor, L.B.S. Marg, Vikhroli (West)
Mumbai 400 083
Phone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
CAPILLARY TECHNOLOGIES INDIA LIMITED
360 bearing PID No 101, 360, 15th Cross Rd,
Sector 4, HSR Layout, Bengaluru 560 102
Phone: +91 80 4122 5179
Email: [email protected]
Website: www.capillarytech.com
Capillary Technologies IPO FAQs
How many shares in the Capillary Technologies IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply in the Capillary Technologies Public Offer?
The best way to apply for Capillary Technologies public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is the Capillary Technologies IPO GMP today?
Capillary Technologies IPO GMP today is INR NA per share.
What is the Capillary Technologies kostak rate today?
Capillary Technologies kostak rate today is INR NA per application.
What is Capillary Technologies Subject to Sauda rate today?
Capillary Technologies Subject to Sauda rate today is INR NA per application.



