IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 11,380,003 (75%) | — | ₹65,663 Cr |
| NII (HNI) | — | 2,276,000 (15%) | — | ₹13,133 Cr |
| Retail | — | 1,517,333 (10%) | — | ₹876 Cr |
| Employee | — | 38,095 (0%) | — | ₹22 Cr |
| Σ Total | — | 15,211,431 (100%) | — | ₹877,700 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹14,425 |
| Retail (Max) | 13 | 325 | ₹187,525 |
| S-HNI (Min) | 14 | 350 | ₹201,950 |
| B-HNI (Min) | 67 | 1,675 | ₹966,475 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 363 | 612 | 535 |
| EBITDA | 40 | 79 | -1 |
| Profit After Tax | 1 | 14 | -68 |
| Net Worth | 509 | 481 | 452 |
| Total Assets | 892 | 839 | 871 |
| Reserves & Surplus | 149 | 170 | 31 |
| Total Borrowing | 89 | 100 | 77 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Funding our cloud infrastructure cost – 143.00
- 2 Investment in research, designing and development of our products and platform – 71.58
- 3 Investment in purchase of computer systems for our business – 10.34
- 4 Funding inorganic growth through unidentified acquisitions and general corporate purposes – 97.99
Company Overview
Capillary Technologies India Ltd is a leading Indian software-as-a-service (SaaS) company that specializes 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 engage their customers more effectively through data-driven insights.
Key Offerings:
- Loyalty Management Solutions: Capillary provides scalable, customizable loyalty programs for enterprises across industries like retail, FMCG, and hospitality.
- Customer Engagement & Marketing Automation: The platform enables personalized marketing through SMS, email, push notifications, and more.
- AI & Analytics: Their tools leverage AI and machine learning to deliver real-time customer insights and predictive analytics.
- Omnichannel CRM: Helps brands maintain consistent engagement with customers across online and offline channels.
- Clients & Global Reach: Capillary serves over 250 brands across more than 30 countries, including major names like Tata, Domino’s, Jockey, PUMA, and Shell.
The company primarily operates on a subscription-based SaaS model, generating revenue from software licenses, professional services, and support.
Competitive Strengths:
- Market Leader in Loyalty Solutions
- Comprehensive Solutions (Loyalty+, Insights+, Engage+, Rewards+) for Diverse Segments
- Multiple loyalty program and coalitions for retailers and conglomerates
- Customer and fleet loyalty for energy retail
- Scalable Cloud-Based Infrastructure with Seamless Integration
- Diverse Long-Term Customer Relationships with High Net Revenue Retention