Whalesbook
Capillary Technologies, a pure-play SaaS startup, is set for its D-Street debut this week. Its initial public offering (IPO) was oversubscribed 52 times, with the grey market indicating a premium of nearly 5% over its issue price of INR 577. The IPO comprises a fresh issue of INR 345 Cr and an offer for sale (OFS) component. Founded in 2008, Capillary Technologies specializes in AI-powered SaaS solutions for customer loyalty, engagement, analytics, and rewards, serving Fortune 500 companies.