IPO · Enterprise Software & IT

Capillary Technologies lists on NSE

By Startup Enthusiast · 12 September 2026

What they do

The IPO raised ₹877.50 crore via fresh issue and offer for sale

Funds will be used for cloud infrastructure and R&D

The offer constitutes 19.18% of post-offer equity

Capillary Technologies launched its initial public offering (IPO) on the National Stock Exchange between 14-Nov-2025 and 18-Nov-2025.
The company successfully listed its shares on the exchange on 21-Nov-2025.
The total issue size amounted to ₹877.50 crore through the sale of over 15.2 million shares.
The offering was priced at ₹577 per share, consisting of a face value of ₹2 and a premium of ₹575.
A fresh issue of shares contributed ₹345.00 crore to the company's capital base.
Existing shareholders participated in an offer for sale (existing shareholders sell their shares; no new money reaches the company) worth ₹532.50 crore.
Employees were allocated a reservation worth ₹2.00 crore with a discount of ₹52 per share.

The IPO represents 19.18% of the company's total equity following the public offering.
Proceeds from the fresh issue are earmarked for cloud infrastructure and R&D (research and development) initiatives.
The company also plans to use the capital for product development and the purchase of new computer systems.

The company operates as a provider of customer loyalty and engagement technology platforms.
Its software helps brands manage customer data and loyalty programs effectively.
The firm serves clients across multiple retail and consumer-facing sectors.
Operations are managed from its registered office in Vikhroli West, Mumbai.
The company maintains active investor relations channels for its public shareholders.

The company intends to invest in cloud infrastructure to support platform scalability.
Funds will be allocated toward R&D to enhance existing software capabilities.
Capital will be utilized for general corporate purposes and platform development.