The Initial Public Offering of Capillary Technologies India Limited was subscribed 0.28 times on the first day of bidding, demonstrating strong demand from retail and non-institutional investors for this IPO.

The issue received bids of 23,68,150 against the offered 83,83,430 equity shares, according to data available on the stock exchanges.

Retail Portion and Non-institutional portion were subscribed 0.26 and0.28 timesrespectively. Qualified Institutional Investors was subscribed 0.29 times and Employee Portion was subscribed 0.87 times. The issue kicked off for subscription on Friday, November 14, 2025 and will close for subscription on Tuesday, November 18, 2025.

A day before the opening of the issue, Capillary Technologies India Limited had raised Rs 394 crore from anchor investors.

Some of the marquee institutions that participated in the anchor include HSBC Global Investment Funds – Asia Ex Japan Equity Smaller Companies, SBI Technology Opportunity Fund, ICICI Prudential Innovation Fund, Kotak Pioneer Fund, Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund, A/C Axis Multicap Fund, Aditya Birla Sun Life Trustee Private Ltd A/C Aditya Birla Sun Life Digital India Fund and Amundi Funds New Silk Road.

Leading brokerage firm IDBI Capital has given a “Subscribe” rating to the issue highlighting the company leverages AI and machine learning to provide personalized marketing and predictive insights through products like Engage+ and its Co-Pilot tools, enabling hyper-personalized campaigns and faster implementation for clients. Backed by scalable cloud-based infrastructure, the company is well-positioned to capture the growing digital transformation and customer retention trend among enterprises globally.