Capillary Technologies IPO: ₹877 Crore Launch & Expert 'AVOID' Warnings! 🚨 Is It Worth the Risk?

Tech

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Updated on 13 Nov 2025, 08:28 am

Capillary Technologies, a Software-as-a-Service (SaaS) provider specializing in loyalty and customer engagement, is set to launch its Initial Public Offering (IPO) on November 14, 2025. The company plans to raise ₹877.5 crore through a mix of fresh equity issuance worth ₹345 crore and an offer for sale (OFS) of ₹532.5 crore. The subscription period will run from November 14 to November 18, 2025.

**Impact**: This news is highly relevant to the Indian stock market as it involves a significant IPO listing. The performance of this IPO and the subsequent trading of Capillary Technologies' shares could influence investor sentiment towards the technology and SaaS sectors in India. Brokerage recommendations, especially negative ones based on valuation, can also shape how other investors perceive similar offerings. The IPO's success or failure might affect future technology IPOs and the broader market's appetite for growth stocks. The impact rating is 7/10.

**Definitions**: * **IPO (Initial Public Offering)**: This is when a private company offers its shares to the public for the first time, allowing it to raise capital and become a publicly traded entity. * **SaaS (Software-as-a-Service)**: A software distribution model where a third-party provider hosts applications and makes them available to customers over the Internet, typically on a subscription basis. * **Offer for Sale (OFS)**: A mechanism through which existing shareholders of a company sell their shares to the public, transferring ownership without the company issuing new shares. * **QIBs (Qualified Institutional Buyers)**: Large institutional investors like mutual funds, foreign institutional investors, and pension funds that are eligible to invest in IPOs. * **NIIs (Non-Institutional Investors)**: High net-worth individuals and corporate bodies that invest more than the retail investor limit but are not QIBs. * **CAGR (Compound Annual Growth Rate)**: A measure of the average annual growth rate of an investment over a specified period of time longer than one year. * **FY25 P/E Multiple**: This refers to the Price-to-Earnings ratio calculated using the company's earnings for the fiscal year 2025. It indicates how much investors are willing to pay for each rupee of earnings. A high P/E can suggest the stock is overvalued.