| Event | Date |
|---|---|
| Open Date | 14-11-2025 , Friday |
| Close Date | 18-11-2025 , Tuesday |
| Tentative Allotment | 19-11-2025 , Wednesday |
| Tentative Listing Date | 21-11-2025 , Friday |
| Retail Appl. Cut Off Time | 18-11-2025 , Tuesday 05:00 PM |
| Non Retail Appl. Cut Off Time | 18-11-2025 , Tuesday 04:00 PM |
| Anchor Allotment | 13-11-2025 , Thursday |
| Initiation Of Refund | 20-11-2025 , Thursday |
| Credit Of Share To Demat | 20-11-2025 , Thursday |
Capillary Technologies India Limited is a global SaaS company providing AI-powered customer loyalty, customer engagement, rewards management and customer data solutions to enterprise brands.
The company helps businesses understand their customers, run loyalty programmes, manage rewards, send personalised campaigns and use customer data to improve repeat purchases and customer retention.
Capillary’s software is used by brands that want to build long-term customer relationships across online and offline channels.
Capillary Technologies India Limited operates in the customer loyalty and engagement technology space. Its products help enterprise brands manage loyalty points, rewards, personalised offers, campaign communication, consumer insights and customer retention programmes.
The company’s business is built around helping brands retain customers and increase repeat purchases. In a competitive consumer market, brands do not only need new customers; they also need to bring existing customers back again and again.
IPORupee View: Capillary Technologies is not a normal IT services company. It is a customer loyalty and engagement SaaS company.
For retail investors, this IPO should be studied as an AI-powered loyalty SaaS, enterprise customer engagement, recurring revenue, global client, profitability turnaround and high valuation risk story.
| Business Area | Meaning |
|---|---|
| Loyalty management | Helps brands run loyalty points, rewards, tiers and membership programmes |
| Customer engagement | Helps brands send personalised offers, campaigns and communication |
| Rewards management | Manages vouchers, cashback, points and redemption journeys |
| Customer Data Platform | Combines customer data from multiple channels into one profile |
| Predictive analytics | Uses AI and data to understand customer behaviour |
| Omnichannel loyalty | Connects online and offline customer journeys |
| Enterprise SaaS | Cloud software sold mainly to large brands and enterprises |
IPORupee View: Capillary works behind the scenes for brands. When customers receive reward points, personalised offers, cashback, vouchers or loyalty benefits from a brand, software like Capillary may be powering that experience.
This business can be sticky because once a large brand integrates loyalty software into its systems, switching to another platform can be difficult.
Loyalty+ helps brands create and manage loyalty programmes such as points, tiers, memberships, benefits and repeat purchase rewards.
Engage+ helps brands run personalised campaigns through channels such as email, SMS, app notifications and other customer communication routes.
Insights+ helps brands analyse customer data, understand consumer behaviour and make better marketing and engagement decisions.
Rewards+ helps manage vouchers, coupons, cashback, reward points and redemption benefits.
The Customer Data Platform helps brands create unified customer profiles across stores, apps, websites, campaigns and partner channels.
The platform helps brands connect customer activity from online and offline channels to improve loyalty and engagement decisions.
IPORupee View: Capillary’s product suite is broad. It covers loyalty, engagement, rewards, customer data and analytics.
This is positive because it is not dependent on only one tool. A broader platform can help enterprise customers use multiple products together. The key question is whether Capillary can increase revenue per customer by selling more modules to existing clients.
Capillary sells cloud-based SaaS products to enterprise customers. The company’s platform is designed for brands that need customer loyalty, engagement, analytics and rewards management at scale.
| Business Model Factor | Meaning |
|---|---|
| SaaS platform | Cloud-based software used by brands |
| Subscription revenue | Recurring fee for using the platform |
| Setup and implementation | Helping clients integrate the platform |
| Product expansion | Selling more modules to existing clients |
| Cross-geography expansion | Expanding with the same client across regions |
| Data and analytics | Helping brands understand and retain customers |
| Enterprise contracts | Larger clients but longer sales cycles |
IPORupee View: The best part of SaaS business is recurring revenue. If customers renew and expand usage, revenue becomes more predictable.
Capillary can grow by adding new enterprise clients, selling more products to existing clients and expanding existing clients across more geographies and brands.
| Revenue Source | Meaning |
|---|---|
| Subscription fees | Recurring monthly / yearly platform usage fees |
| Setup fees | One-time fee for installation and configuration |
| Implementation services | Integration with client systems |
| Module expansion | More products sold to existing customers |
| Data and analytics services | Insights and intelligence for customer retention |
| Rewards and engagement solutions | Supporting redemption and customer campaigns |
| What to Check | Why Important |
|---|---|
| Recurring revenue share | Shows predictability |
| Customer retention | Shows stickiness |
| Net revenue retention | Shows expansion from existing customers |
| Gross margin | Shows SaaS economics |
| EBITDA margin | Shows operating leverage |
| Cloud cost | Important for SaaS profitability |
| R&D spending | Needed for AI and product upgrades |
| Customer concentration | Large client dependency can be risky |
Fresh issue proceeds are planned to be used for business growth and technology-related investments.
| Object | Why It Matters |
|---|---|
| Cloud infrastructure | Needed to run SaaS platform at scale |
| Product development | Needed for loyalty, analytics and engagement tools |
| Research and development | Important for AI and platform improvement |
| Computer systems | Supports employee and technology operations |
| Acquisitions | Can add products, customers or geographies |
| General corporate purposes | Supports normal business requirements |
IPORupee View: For a SaaS company, cloud infrastructure and product development are important.
Investors should watch whether fresh issue money results in higher revenue growth, better product capability, better AI features, improved margins, stronger customer retention and better global expansion.
| Particulars | H1 FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Assets | Rs. 892.33 crore | Rs. 838.65 crore | Rs. 871.07 crore | Rs. 466.41 crore |
| Total Income | Rs. 362.56 crore | Rs. 611.87 crore | Rs. 535.44 crore | Rs. 266.25 crore |
| Profit After Tax | Rs. 1.03 crore | Rs. 14.15 crore | Rs. (68.35) crore | Rs. (88.56) crore |
| EBITDA | Rs. 39.82 crore | Rs. 78.57 crore | Rs. (1.49) crore | Rs. (58.34) crore |
| Net Worth | Rs. 509.38 crore | Rs. 481.42 crore | Rs. 452.13 crore | Rs. 99.75 crore |
| Total Borrowing | Rs. 88.94 crore | Rs. 100.09 crore | Rs. 77.17 crore | Rs. 147.47 crore |
IPORupee Financial Insight: Capillary’s financials show a clear turnaround.
Total income increased from Rs. 266.25 crore in FY2023 to Rs. 611.87 crore in FY2025. PAT improved from losses of Rs. 88.56 crore in FY2023 and Rs. 68.35 crore in FY2024 to a profit of Rs. 14.15 crore in FY2025.
EBITDA also improved from negative Rs. 58.34 crore in FY2023 to positive Rs. 78.57 crore in FY2025. However, H1 FY2026 PAT was only Rs. 1.03 crore, which means profitability is still thin.
The main question is whether FY2025 profitability is a sustainable base or only an early-stage turnaround that still needs proof.
| Valuation Metric | Details |
|---|---|
| Upper Price Band | Rs. 577 |
| FY2025 Diluted EPS | Rs. 1.91 |
| H1 FY2026 Diluted EPS | Rs. 0.14 |
| P/E at Upper Band based on FY2025 Diluted EPS | 301.78x |
| Average Peer Group P/E | 34.33x |
| FY2025 RoNW | 2.85% |
| H1 FY2026 RoNW | 0.22% |
| NAV per share as on September 30, 2025 | Rs. 68.59 |
This is the biggest concern in Capillary Technologies IPO. The company has a strong SaaS theme and recent profitability turnaround, but valuation is very expensive on current earnings.
A 301.78x P/E means investors are paying for expected future growth, not current profit. At such valuation, even small disappointment in growth, margin, customer retention or profitability can affect stock performance.
Retail investor question: Can Capillary grow profits fast enough over the next few years to justify this valuation?
| Particulars | Details |
|---|---|
| Total Issue Size | Rs. 877.50 crore |
| Fresh Issue | Rs. 345.00 crore |
| Offer for Sale | Rs. 532.50 crore |
| Price Band | Rs. 549 to Rs. 577 per share |
| Face Value | Rs. 2 per share |
| Lot Size | 25 shares |
| Listing | BSE and NSE |
IPORupee View: The IPO has both fresh issue and OFS. The fresh issue portion goes to the company and can support growth. The OFS portion goes to selling shareholders.
A large OFS is not automatically negative, but investors should understand that a major portion of the IPO proceeds does not directly come into the company.
Capillary operates in customer loyalty and engagement SaaS, which is a growing area as brands focus on customer retention and repeat purchases.
The company offers AI-powered loyalty, engagement, rewards and customer data solutions.
Its product suite covers loyalty management, engagement, insights, rewards and customer data platform.
Enterprise customers can provide larger contracts and deeper relationships.
SaaS subscription revenue can become predictable if customer retention remains strong.
The company can grow by selling more products to existing clients or expanding across geographies.
The company moved from losses in FY2023 and FY2024 to profit in FY2025.
EBITDA improved from negative Rs. 58.34 crore in FY2023 to positive Rs. 78.57 crore in FY2025.
Fresh issue proceeds are expected to support cloud infrastructure, product development and growth initiatives.
Capillary Technologies India Limited is a global SaaS company offering AI-powered customer loyalty, engagement, rewards and customer data solutions for enterprise brands.
Its product suite includes Loyalty+, Engage+, Insights+, Rewards+ and Customer Data Platform. These products help brands manage loyalty programmes, engagement campaigns, rewards, customer insights and omnichannel consumer data.
Financially, Capillary has shown a clear turnaround. Total income increased from Rs. 266.25 crore in FY2023 to Rs. 611.87 crore in FY2025. PAT improved from losses in FY2023 and FY2024 to a profit of Rs. 14.15 crore in FY2025.
However, profitability is still thin. H1 FY2026 PAT was only Rs. 1.03 crore.
The biggest concern is valuation. At the upper price band, the P/E based on FY2025 diluted EPS is 301.78x, which is very high compared with the peer average.
The key positives are AI-powered SaaS positioning, loyalty and engagement market opportunity, enterprise customer focus, end-to-end product suite, revenue growth, EBITDA improvement and profitability turnaround.
The key concerns are very high valuation, thin profitability, recent turnaround risk, large OFS, SaaS competition, cloud cost, data privacy risk and execution risk.
Capillary is a SaaS loyalty platform, not a normal IT company. It sells software products that help brands manage customer loyalty, engagement, rewards and customer data.
Loyalty technology is a strong theme because brands are focusing more on retaining customers and increasing repeat purchases.
Loyalty+, Engage+, Insights+, Rewards+ and CDP cover most parts of the loyalty and customer engagement journey.
Capillary uses AI-powered tools to improve customer understanding, engagement and analytics.
Subscription fees can provide predictable revenue if customers renew and expand usage.
If Capillary enters one brand or geography and later sells more modules or expands to more geographies, revenue per customer can increase.
The company moved from losses in FY2023 and FY2024 to PAT of Rs. 14.15 crore in FY2025.
EBITDA improved from negative Rs. 58.34 crore in FY2023 to positive Rs. 78.57 crore in FY2025.
PAT was only Rs. 1.03 crore in H1 FY2026. Investors should not assume profitability is already fully stable.
At 301.78x FY2025 diluted EPS, valuation is very high compared with current earnings.
The IPO has Rs. 532.50 crore OFS, which means a large part of the issue proceeds goes to selling shareholders.
Cloud infrastructure and product development are important for SaaS scaling and AI-led product improvement.
Capillary deals with customer and consumer data, so privacy and cybersecurity controls are critical.
Customer engagement and loyalty technology has global competitors, so Capillary must keep innovating.
Can Capillary convert its SaaS growth story into sustained high profit growth enough to justify a very high valuation?
Capillary Technologies India Limited is a strong business-theme company operating in AI-powered SaaS for customer loyalty, engagement, rewards and customer data. Its product suite is relevant for enterprise brands that want better customer retention and personalised engagement.
The positives are AI-powered SaaS positioning, end-to-end loyalty and engagement platform, enterprise customer focus, recurring revenue potential, revenue growth, EBITDA turnaround, profitability in FY2025 and fresh issue for cloud infrastructure and product development.
The concerns are very high P/E valuation, thin PAT in FY2025 and H1 FY2026, recent profitability turnaround, large OFS component, SaaS competition risk, customer concentration risk, cloud cost risk, data privacy risk and execution risk.
This IPO should be studied as a loyalty SaaS + AI customer engagement + enterprise software + profitability turnaround + very high valuation risk story.
| Short Form | Full Form |
|---|---|
| IPO | Initial Public Offering |
| RHP | Red Herring Prospectus |
| OFS | Offer for Sale |
| SaaS | Software as a Service |
| AI | Artificial Intelligence |
| CDP | Customer Data Platform |
| R&D | Research and Development |
| PAT | Profit After Tax |
| EBITDA | Earnings Before Interest, Tax, Depreciation and Amortization |
| EPS | Earnings Per Share |
| P/E | Price-to-Earnings Ratio |
| RoNW | Return on Net Worth |
| NAV | Net Asset Value |
| BSE | Bombay Stock Exchange |
| NSE | National Stock Exchange |
This content is prepared by IPORupee for educational and informational purposes only. It is based on IPO-related disclosures and company-level information for understanding the company’s business model, product portfolio, financial performance, industry position and key risks.
This is not a recommendation to apply, avoid, buy, sell or hold any IPO or security. IPORupee is not a SEBI-registered investment adviser, research analyst, broker, SaaS consultant, technology consultant or portfolio manager.
Technology and SaaS businesses are subject to valuation risk, customer concentration risk, renewal risk, cybersecurity risk, data privacy risk, AI reliability risk, foreign currency risk, platform downtime risk, competition risk, cloud cost risk and margin pressure. Investors should read the Red Herring Prospectus, risk factors, financial statements, objects of the issue, peer comparison, valuation details and official disclosures carefully and consult their financial advisor before making any investment decision.
| Category | Percentage | No. of Shares Offered | Amount |
|---|---|---|---|
QIB | 75.00 % | 1,13,80,003 | 656.63 Cr |
Retail | 10.00 % | 15,17,333 | 87.55 Cr |
Total HNI | 15.00 % | 22,76,000 | 131.33 Cr |
SHNI | 5.00 % | 7,58,667 | 43.78 Cr |
BHNI | 10.00 % | 15,17,333 | 87.55 Cr |
Employee | 0.00 % | 38,095 | 2.00 Cr |
Capillary Technologies India Ltd allotted 68,28,001 equity shares to anchor investors at ₹577 per share on 13 Nov 2025 before the IPO opening. The total anchor allocation stood at 393.98 Cr across 21 anchor investors.
Mutual funds received 46,10,225 shares worth 266.01 Cr, representing 67.52% of the total anchor investor allocation. Within the mutual fund portion, SBI Mutual Fund had the highest fund-house level allocation with 6,58,600 shares worth 38.00 Cr across 2 schemes. Other leading fund houses by allocation included ICICI Prudential Mutual Fund, Kotak Mutual Fund, Axis Mutual Fund and Aditya Birla Sun Life Mutual Fund.
At scheme level, the largest mutual fund allocations included ICICI PRUDENTIAL INNOVATION FUND, ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE DIGITAL INDIA FUND, MIRAE ASSET MUTUAL FUND A/C MIRAE ASSET ELSS TAX SAVER FUND, KOTAK PIONEER FUND and SBI TECHNOLOGY OPPORTUNITIES FUND.
The largest anchor investor received 9.65% of the anchor portion. The top five anchor investors together received 30,50,800 shares, representing about 44.68% of the total anchor allocation.
| Rank | Anchor Investor Name | Shares Allocated | Allocation % | Allocation Amount |
|---|---|---|---|---|
| 1 | ICICI PRUDENTIAL INNOVATION FUND | 6,58,600 | 9.65 % | 38.00 Cr |
| 2 | ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE DIGITAL INDIA FUND | 6,58,600 | 9.65 % | 38.00 Cr |
| 3 | MIRAE ASSET MUTUAL FUND A/C MIRAE ASSET ELSS TAX SAVER FUND | 6,58,600 | 9.65 % | 38.00 Cr |
| 4 | KOTAK PIONEER FUND | 5,55,050 | 8.13 % | 32.03 Cr |
| 5 | SBI TECHNOLOGY OPPORTUNITIES FUND | 5,19,950 | 7.61 % | 30.00 Cr |
| Rank | Mutual Fund Scheme | AMC | Shares Allocated | Allocation % | Allocation Amount |
|---|---|---|---|---|---|
| 1 | ICICI PRUDENTIAL INNOVATION FUND | ICICI Prudential Mutual Fund | 6,58,600 | 9.65 % | 38.00 Cr |
| 2 | ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE DIGITAL INDIA FUND | Aditya Birla Sun Life Mutual Fund | 6,58,600 | 9.65 % | 38.00 Cr |
| 3 | MIRAE ASSET MUTUAL FUND A/C MIRAE ASSET ELSS TAX SAVER FUND | Mirae Asset Mutual Fund | 6,58,600 | 9.65 % | 38.00 Cr |
| 4 | KOTAK PIONEER FUND | Kotak Mutual Fund | 5,55,050 | 8.13 % | 32.03 Cr |
| 5 | SBI TECHNOLOGY OPPORTUNITIES FUND | SBI Mutual Fund | 5,19,950 | 7.61 % | 30.00 Cr |
The figures are based on the company’s stock exchange anchor allotment intimation. Anchor allocation is only an informational disclosure and does not indicate future listing performance.
| Application | Discount | Qty (Lot) | Total |
|---|---|---|---|
Retail MIN | - | 25 (1) | ₹ 14,425 |
Retail MAX | - | 325 (13) | ₹ 1,87,525 |
SHNI MIN | - | 350 (14) | ₹ 2,01,950 |
SHNI MAX | - | 1725 (69) | ₹ 9,95,325 |
BHNI MIN | - | 1750 (70) | ₹ 10,09,750 |
Employee MIN | ₹ 52 | 25 (1) | ₹ 13,125 |
Employee MAX | ₹ 52 | 950 (38) | ₹ 4,98,750 |
| Objective | No Of Shares | Amount |
|---|---|---|
Fresh Issue | - | 345.00 Cr |
Offer for Sale | 92,28,796 | 532.50 Cr |
| Name | Contact Person | Telephone | Website | |
|---|---|---|---|---|
JM Financial Limited | Prachee Dhuri | +91 22 6630 3030 | capillary.ipo@jmfl.com | www.jmfl.com |
IIFL Capital Services Limited | Dhruv Bhavsar / Pawan Kumar Jain | +91 22 4646 4728 | capillary.ipo@iiflcap.com | www.iiflcapital.com |
Nomura Financial Advisory and Securities (India) Pvt Ltd | Vishal Kanjani / Kshitij Thakur | +91 22 6630 3030 | capillaryipo@nomura.com | www.nomuraholdings.com/company/group/asia/india/index.html |
Understand company details, IPO size, price band, lot size, exchange listing, fresh issue and Offer for Sale (OFS) in simple language for retail investors.
This IPO is of Capillary Technologies India Ltd. The issue is scheduled to open on Friday, 14 November 2025 and closes on Tuesday, 18 November 2025.
After the IPO process is completed, the shares are proposed to be listed on both NSE and BSE.
IPO size means the total amount offered to investors through the public issue.
For Capillary Technologies India Ltd IPO, the total issue size is Rs 877.5 crore, consisting of a fresh issue of Rs 345 crore and an Offer for Sale (OFS) of Rs 532.5 crore.
Price band is the price range within which investors can bid for shares in a book-built IPO.
For this IPO, the lower price band is Rs 549 per share and the upper price band is Rs 577 per share.
Lot size is the minimum number of shares an investor must apply for in an IPO. IPO applications are usually made in fixed lot multiples.
For Capillary Technologies India Ltd IPO, the minimum lot size is 25 shares. At the upper price band of Rs 577 per share, the minimum application amount is Rs 14,425. Applications must be made in multiples of 25 shares.
Fresh Issue means the company issues new shares to investors and receives money from that part of the IPO.
For Capillary Technologies India Ltd IPO, the Fresh Issue size is Rs 345 crore. The company can use these funds for purposes mentioned in the IPO documents, such as business growth, repayment of borrowings, working capital, capital expenditure, or general corporate purposes.
Offer for Sale (OFS) means existing shareholders sell their shares to the public through the IPO.
For Capillary Technologies India Ltd IPO, the Offer for Sale (OFS) size is Rs 532.5 crore. In an OFS, the selling shareholders receive the money, and the company usually does not receive funds from that portion.
Understand the important IPO dates, allotment process, refund schedule and listing timeline in a retail-friendly format.
The IPO opening date is the first day on which investors can apply for the public issue.
For Capillary Technologies India Ltd IPO, the IPO opens on Friday, 14 November 2025.
The IPO closing date is the last day on which investors can submit, modify, or cancel their IPO applications.
Capillary Technologies India Ltd IPO closes on Tuesday, 18 November 2025.
The tentative allotment date is the expected date on which the registrar finalizes the share allotment for valid IPO applications.
For Capillary Technologies India Ltd IPO, the tentative allotment date is Wednesday, 19 November 2025.
The tentative listing date is the expected date on which IPO shares begin trading on the stock exchanges.
Capillary Technologies India Ltd IPO is expected to list on Friday, 21 November 2025.
After allotment, funds are unblocked or refunds are initiated for non-allotted investors, while allotted shares are credited to investors' demat accounts before listing.
For Capillary Technologies India Ltd IPO, refund initiation is expected on Thursday, 20 November 2025, and credit of shares to demat accounts is expected on Thursday, 20 November 2025.
Understand IPO category-wise reservation, QIB quota, retail quota, HNI allocation, shareholder reservation and the meaning of structure columns in a simple format.
IPO structure shows how shares are divided among different categories of investors, such as QIB, Retail, NII/HNI, Employees, and Shareholders.
For Capillary Technologies India Ltd IPO, the available categories in the structure table include QIB, Retail, Non-Institutional Investors (NII/HNI), Employees. The NII/HNI category includes SHNI and BHNI sub-categories. Investors can use this table to understand category-wise allocation before applying.
QIB stands for Qualified Institutional Buyers. This category includes mutual funds, banks, insurance companies, and other large financial institutions.
In Capillary Technologies India Ltd IPO, 75% shares are reserved under the QIB category, with 1,13,80,003 shares offered, and an allocation amount of ₹656.63 crore.
The Retail category is reserved for individual investors and HUFs applying for up to Rs 2 lakh within the retail investment limit allowed under IPO rules.
In Capillary Technologies India Ltd IPO, 10% shares are reserved under the Retail category, with 15,17,333 shares offered, and an allocation amount of ₹87.55 crore.
NII/HNI stands for Non-Institutional Investors / High Net-Worth Individuals. This category generally includes investors applying for more than Rs 2 lakh, above the retail investment limit.
In Capillary Technologies India Ltd IPO, 15% shares are reserved under the NII/HNI category, with 22,76,000 shares offered, and an allocation amount of ₹131.33 crore.
SHNI stands for Small HNI. It is a sub-category within the NII/HNI category and generally refers to applications for more than Rs 2 lakh but not exceeding Rs 10 lakh.
In Capillary Technologies India Ltd IPO, 5% shares are reserved under the SHNI sub-category, with 7,58,667 shares offered, and an allocation amount of ₹43.78 crore.
BHNI stands for Big HNI. It is a sub-category within the NII/HNI category and generally refers to applications for more than Rs 10 lakh.
In Capillary Technologies India Ltd IPO, 10% shares are reserved under the BHNI sub-category, with 15,17,333 shares offered, and an allocation amount of ₹87.55 crore.
Employee reservation is a special quota reserved for eligible company employees, if applicable.
In Capillary Technologies India Ltd IPO, 38,095 shares are offered under the Employee Reservation category, and an allocation amount of ₹2.00 crore.
Understand retail lot size, HNI application limits, employee category, shareholder category and investment amount calculations using the IPO lot table.
Lot size is the minimum number of shares an investor must apply for in an IPO. IPO applications are usually made in fixed lot multiples.
For Capillary Technologies India Ltd IPO, the minimum lot size is 25 shares. At the upper price band of Rs 577 per share, the minimum application amount is Rs 14,425. Applications must be made in multiples of 25 shares.
Retail minimum application shows the minimum application size for retail investors.
For Capillary Technologies India Ltd IPO, the Retail minimum application is 25 shares (1 lot) for about Rs 14,425.
Retail maximum application shows the maximum application size generally available under the retail category.
For Capillary Technologies India Ltd IPO, the Retail maximum application is 325 shares (13 lots) for about Rs 1,87,525.
SHNI minimum application shows the minimum application size for the Small HNI category.
For Capillary Technologies India Ltd IPO, the SHNI minimum application is 350 shares (14 lots) for about Rs 2,01,950.
SHNI maximum application shows the maximum application size available under the Small HNI category, when provided.
For Capillary Technologies India Ltd IPO, the SHNI maximum application is 1,725 shares (69 lots) for about Rs 9,95,325.
BHNI minimum application shows the minimum application size for the Big HNI category.
For Capillary Technologies India Ltd IPO, the BHNI minimum application is 1,750 shares (70 lots) for about Rs 10,09,750.
Employee minimum application shows the minimum application size under the employee category, if this category is available in the IPO.
For Capillary Technologies India Ltd IPO, the Employee minimum application is 25 shares (1 lot) for about Rs 13,125 with a discount of Rs 52 per share.
Employee maximum application shows the maximum application size under the employee category, if provided in the lot size table.
For Capillary Technologies India Ltd IPO, the Employee maximum application is 950 shares (38 lots) for about Rs 4,98,750 with a discount of Rs 52 per share.
Understand important financial figures in simple language using the financial statement data available for the IPO.
Financial Highlights show important numbers from the company's financial statements. These may include income, expenses, profit, assets, liabilities, cash flow and other financial information, depending on the data available for the IPO.
The table displays available financial data based on the IPO information currently available. Fields may differ from company to company depending on disclosures and reporting format.
Investors should read the table to understand the company's financial performance and financial position over different periods.
The table may help users review income, expenses, profitability, balance sheet position, cash movement or other financial information, depending on the available data.
Financial statement line items may differ because companies operate in different industries and may follow different reporting formats.
Some companies may provide detailed financial breakup, while others may present broader financial categories.
Investors should review income, expenses, profitability, debt position, asset base, liabilities and cash flow position together.
A single financial figure should not be used alone to judge the company.
Profit is important, but it does not show the full financial picture.
Investors should also review revenue quality, expenses, debt, assets, liabilities, cash flow, valuation and business risks.
Cash flow helps investors understand how money moves in and out of the business.
A company may report profit but still face cash flow pressure, so cash flow should be reviewed along with profit, debt and balance sheet information.
No. Financial Highlights are useful, but investors should also review valuation, peer comparison, KPI data, business risks, IPO pricing, management discussion and official offer documents such as the RHP or DRHP.
Understand how the company may be compared with similar businesses using the peer comparison data available for the IPO.
Peer Comparison means comparing the IPO company with businesses operating in a similar sector or industry.
It helps investors understand the company in a broader industry context.
Peer Comparison helps investors understand how the company can be compared with similar businesses using available financial or valuation metrics.
It is useful for context, but it should not be treated as a final investment conclusion.
Peer comparison metrics may differ depending on the companies selected, accounting format, business model and available public information.
Investors should compare only relevant and similar metrics.
Investors should use the peer comparison table as a reference point.
Available metrics should be read together with business model, scale, profitability, margins, debt, growth, valuation and IPO pricing.
No. Peer Comparison does not directly decide whether an IPO is good or bad.
It only provides context for comparison. Final analysis should include financial statements, KPI data, valuation, risk factors and official offer documents.
No. Peer Comparison is only one part of IPO analysis.
Investors should also review financial statements, KPI data, business risks, valuation, IPO pricing and company fundamentals.
Understand important KPI metrics in simple language using the key performance indicator data available for the IPO.
Key Performance Indicators, or KPIs, are financial and valuation metrics used to understand profitability, efficiency, leverage, return-based ratios and earnings performance.
They help investors understand the company beyond basic financial figures.
KPIs help investors assess profitability, capital efficiency, leverage, valuation and earnings quality.
They should be reviewed together with financial statements, peer comparison and IPO pricing.
KPI data may differ depending on the company, industry, financial disclosures and available offer document information.
Not every IPO may provide every KPI, and some metrics may not be applicable to every business.
Investors should read KPI metrics together instead of relying on one ratio.
A single KPI may not give the full picture unless it is reviewed with financial statements, peer comparison, business model and valuation.
No. High or low KPI values need context.
The meaning of a ratio may differ depending on industry, business model, debt level, growth stage, profitability and IPO valuation.
No. KPI data is useful, but it should not be used alone.
Investors should also review financial statements, peer comparison, business risks, valuation, IPO pricing and official offer documents such as the RHP or DRHP.