Description
Capillary Technologies India Limited announces allocation of 68,28,001 equity shares to 21 anchor investors at ₹577 per share in its initial public offering.
Summary
Capillary Technologies India Limited has finalized the allocation of 68,28,001 equity shares to 21 anchor investors at an anchor investor allocation price of ₹577.00 per equity share (including share premium of ₹575.00) on November 13, 2025. The IPO comprises a fresh issue of up to ₹3,450.00 million and an offer for sale of up to 9,228,796 equity shares. The allocation was decided by the IPO Committee in consultation with the Book Running Lead Managers: JM Financial Limited, IIFL Capital Services Limited, and Nomura Financial Advisory and Securities (India) Private Limited.
Key Points
- Total anchor investor allocation: 68,28,001 equity shares
- Anchor investor allocation price: ₹577.00 per equity share (face value ₹2, premium ₹575)
- Total amount raised from anchor investors: ₹394.18 crores (approximate)
- Number of anchor investors: 21 institutional investors
- IPO structure: Fresh issue up to ₹3,450 million + Offer for sale of 9,228,796 shares
- Largest allocations: ICICI Prudential Innovation Fund, Aditya Birla Sun Life Digital India Fund, and Mirae Asset ELSS Tax Saver Fund (9.65% each)
- Allocation date: November 13, 2025
Anchor Investor Details
Major Allocations (Above 5%)
- SBI Technology Opportunities Fund: 5,19,950 shares (7.61%) - ₹30,00,11,150
- ICICI Prudential Innovation Fund: 6,58,600 shares (9.65%) - ₹38,00,12,200
- Kotak Pioneer Fund: 5,55,050 shares (8.13%) - ₹32,02,63,850
- Kotak Technology Fund: 4,85,300 shares (7.11%) - ₹28,00,18,100
- Aditya Birla Sun Life Digital India Fund: 6,58,600 shares (9.65%) - ₹38,00,12,200
- Mirae Asset ELSS Tax Saver Fund: 6,58,600 shares (9.65%) - ₹38,00,12,200
- Hornbill Orchid India Fund: 4,50,625 shares (6.60%) - ₹26,00,10,625
Other Notable Investors
- SBI Resurgent India Opportunities Scheme: 1,38,650 shares (2.03%)
- Axis Multicap Fund: 1,73,300 shares (2.54%)
- Axis Services Opportunities Fund: 6,58,600 shares (9.65%)
- Multiple foreign funds including HSBC Global Investment Funds, Amundi Funds, Matthews India Fund, and PineBridge India Equity Fund
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
- Book Running Lead Managers: JM Financial Limited, IIFL Capital Services Limited, Nomura Financial Advisory and Securities (India) Private Limited
Regulatory Requirements
- Companies must inform stock exchanges about anchor investor allocation before opening of the public issue
- Anchor investor allocation is finalized by the IPO Committee in consultation with BRLMs
- Disclosure of individual anchor investor names, allocation amounts, and percentages is mandatory
Important Dates
- Anchor Investor Allocation Date: November 13, 2025
- IPO Committee Meeting Date: November 13, 2025
Impact Assessment
Market Impact: High - The successful allocation to 21 prominent institutional investors including major mutual funds (SBI, ICICI Prudential, Kotak, Axis, Aditya Birla, Mirae Asset) and foreign funds demonstrates strong institutional confidence in Capillary Technologies. The technology sector focus of many anchor investors aligns well with the company’s business.
Investor Sentiment: The anchor book being subscribed by marquee domestic and international institutional investors at ₹577 per share sets a positive reference point for retail and other investors in the upcoming public issue.
Operational Impact: The fresh issue component of ₹3,450 million will provide growth capital to the company, while the offer for sale provides liquidity to existing shareholders.
Impact Justification
Major IPO allocation announcement for Capillary Technologies with significant anchor investor participation worth ₹394.18 crores, indicating strong institutional interest in the public offering