Description

Capillary Technologies India Limited announces allocation of 68,28,001 equity shares to 21 anchor investors at Rs 577 per share, raising Rs 393.97 crores in the anchor investor portion of its IPO.

Summary

Capillary Technologies India Limited has finalized the allocation of 68,28,001 equity shares to anchor investors at Rs 577 per share (including share premium of Rs 575) on November 13, 2025. The anchor investor portion raised approximately Rs 393.97 crores. The IPO comprises a fresh issue of up to Rs 3,450 million and an offer for sale of up to 9,228,796 equity shares. The allocation was finalized by the IPO Committee in consultation with Book Running Lead Managers - JM Financial Limited, IIFL Capital Services Limited, and Nomura Financial Advisory and Securities (India) Private Limited.

Key Points

  • Total equity shares allocated to anchor investors: 68,28,001 shares
  • Anchor investor allocation price: Rs 577 per equity share (face value Rs 2, share premium Rs 575)
  • Total anchor book size: Approximately Rs 393.97 crores
  • Number of anchor investors: 21 institutional investors
  • Largest allocation: SBI Technology Opportunities Fund (30,00,111 shares - 43.94%)
  • Other major allocations: ICICI Prudential Innovation Fund, Axis Multicap Fund, and Aditya Birla Sun Life Digital India Fund (6,58,600 shares each - 9.65% each)
  • IPO structure: Fresh issue up to Rs 3,450 million + OFS of up to 9,228,796 shares
  • Allocation date: November 13, 2025

Anchor Investor Details

Top Allocations:

  1. SBI Technology Opportunities Fund: 30,00,111 shares (43.94%) - Rs 173.11 crores
  2. Axis Multicap Fund: 6,58,600 shares (9.65%) - Rs 38.00 crores
  3. ICICI Prudential Innovation Fund: 6,58,600 shares (9.65%) - Rs 38.00 crores
  4. Aditya Birla Sun Life Digital India Fund: 6,58,600 shares (9.65%) - Rs 38.00 crores
  5. Mirae Asset ELSS Tax Saver Fund: 6,58,600 shares (9.65%) - Rs 38.00 crores
  6. Kotak Pioneer Fund: 5,19,950 shares (7.61%) - Rs 30.00 crores

Other Notable Investors:

  • HSBC Global Investment Funds - Asia Ex Japan Equity Smaller Companies: 3,11,975 shares
  • ValueQuest India Inflexion Fund: 3,11,975 shares
  • Matthews India Fund: 3,11,975 shares
  • Hornbill Orchid India Fund: 4,50,625 shares
  • Multiple funds from Axis, PGIM India, Union, and international investors

Company Information

  • Company Name: Capillary Technologies India Limited (Formerly Capillary Technologies India Private Limited)
  • CIN: U72200KA2012PLC063060
  • Registered Office: 360, bearing PID No: 101, 360, 15th Cross Rd, Sector 4, HSR Layout, Bengaluru, Karnataka 560102
  • Sector: Technology
  • Website: www.capillarytech.com

Book Running Lead Managers

  1. JM Financial Limited
  2. IIFL Capital Services Limited (formerly IIFL Securities Limited)
  3. Nomura Financial Advisory and Securities (India) Private Limited

Important Dates

  • Anchor Investor Allocation Date: November 13, 2025
  • IPO Committee Meeting Date: November 13, 2025

Impact Assessment

This anchor investor allocation represents strong institutional interest in Capillary Technologies’ IPO. The participation of major mutual funds including SBI, ICICI Prudential, Axis, Kotak, Aditya Birla, and international funds indicates confidence in the company’s prospects. The anchor book being anchored by domestic mutual funds (particularly SBI Technology Opportunities Fund with nearly 44% allocation) suggests strong domestic institutional support. The successful anchor allocation at Rs 577 per share sets a positive tone for the retail and institutional portions of the IPO that will follow.

Impact Justification

IPO anchor allocation announcement for technology company. Significant for upcoming listing but affects limited immediate market trading.