Capillary Technologies IPO Allotment LIVE: GMP signals 9% listing pop! Check steps to track status online

As of November 19, 2025, the latest grey market premium (GMP) for the Capillary Technologies IPO stood at ₹53. With a price band of ₹577, the IPO’s estimated listing price is ₹630 (cap price plus today’s GMP), implying an expected gain of approximately 9.19% per share.

• Loyalty Management Solutions: Capillary provides scalable, customizable loyalty programs for enterprises across industries such as retail, FMCG, and hospitality.
• Customer Engagement & Marketing Automation: The platform enables personalized marketing through SMS, email, push notifications, and more.
• AI & Analytics: Capillary’s tools leverage AI and machine learning to deliver real-time customer insights and predictive analytics.
• Omnichannel CRM: Supports brands in maintaining consistent customer engagement across online and offline channels.
• Clients & Global Reach: Capillary serves over 250 brands across more than 30 countries, including major names like Tata, Domino’s, Jockey, PUMA, and Shell.

The tentative allotment of shares is scheduled for Wednesday, November 19, 2025. The initiation of refunds will take place on Thursday, November 20, 2025, which is also the date when shares will be credited to demat accounts. According to the company’s RHP, the tentative listing date is Friday, November 21, 2025.

• Focus go-to-market strategy on larger enterprises.
• Focus on improving revenue from existing clients.
• Expand presence in the United States and pursue further acquisitions in North America and other regions.
• Drive expansion through the addition of new industry-specific solutions.
• Continue investing in artificial intelligence–driven enhancements and advanced customer engagement solutions.

As of September 30, 2025, Capillary served 110 customers across 413 brands, including 19 Global Fortune 500 companies. Its client roster features prominent names such as Tata Digital, ABFRL, Abbott Laboratories, Frontier Communications, Domino’s Pizza, Arvind Fashions, Metro Brands, Puma Sports, Vishal Mega Mart, InterGlobe Aviation, Polycab, among others.

A key risk arises from high customer concentration, with the top five clients accounting for 43.35% of revenue from operations in FY25. The company also has a history of cash losses, and its performance remains dependent on the timely and cost-efficient development of new products. Additionally, non-compliance with evolving global data privacy regulations (such as GDPR) could materially impact operations.

Capillary has demonstrated a notable turnaround in profitability, reporting a restated consolidated profit of ₹13.28 crore in FY25, compared to losses of ₹59.38 crore in FY24 and ₹87.72 crore in FY23. Revenue from operations in FY25 stood at ₹598.26 crore. The company’s pre-offer consolidated Debt-to-Equity Ratio was 0.18 as of March 31, 2025, indicating a comfortable leverage position.

The IPO has a fresh issue of ₹345 crore and an offer for sale for 92,28,796 shares. The company plans to use the fresh proceeds for the following:

• Funding cloud infrastructure;
• investment in research, designing and development of products and platform;
• investing in purchase of computer systems for the business

Capillary’s technology stack is built on a scalable, cloud-based architecture that allows enterprises to process large volumes of consumer data in real time with high reliability and speed. Its infrastructure is designed for seamless integration with existing enterprise systems such as ERP, POS, e-commerce, and CRM platforms, enabling a frictionless flow of information across the client’s digital ecosystem.

The company’s ability to manage billions of consumer profiles and process hundreds of thousands of loyalty transactions per hour underscores the strength and resilience of its technology backbone. This scalability ensures that Capillary’s solutions can adapt to the evolving needs of clients while maintaining stable and efficient operations.

Capillary Technologies is a leading global SaaS provider in loyalty management and customer engagement, serving 250+ enterprise clients across retail, fashion, QSR, telecom, and consumer brands. Its AI-driven, cloud-native, and API-first platform enables omnichannel personalization, real-time customer insights, and large-scale loyalty orchestration, strengthening client stickiness. Deep industry expertise, long-term contracts, and high switching costs reinforce recurring revenue visibility in fast-growing digital consumer engagement markets.

1. Visit BSE website on this link - https://www.bseindia.com/investors/appli_check.aspx

2. Select ‘Equity’ in the Issue Type

3. Choose ‘Capillary Technologies India Limited’ in the Issue Name dropdown menu

4. Enter either Application No. or PAN

5. Verify by ticking on ‘I am not robot’ and click on ‘Search’

Your Capillary Technologies IPO allotment status will be displayed on the screen.

Capillary Technologies India Limited is a global SaaS provider offering AI-driven customer engagement, loyalty, and analytics solutions that help brands acquire, retain, and grow customers. Its cloud-native platform integrates customer data management, campaign automation, loyalty rewards, and real-time insights, enabling personalized marketing at scale. Operating on a B2B enterprise SaaS model with recurring revenues, Capillary serves 250+ clients across retail, QSR, fashion, telecom, and consumer sectors in India, the Middle East, Southeast Asia, and North America, positioning itself as a key enabler of omnichannel customer engagement and loyalty at scale in high-growth markets.

1. Visit IPO registrar website on this link - https://in.mpms.mufg.com/Initial_Offer/public-issues.html

2. Choose ‘Capillary Technologies India Limited’ in the Select Company dropdown menu

3. Select among PAN, App. No., DP ID or Account No.

4. Enter the details as per the option selected

5. Click on Search

Your Capillary Technologies IPO allotment status will be displayed on the screen.

1. Visit NSE allotment status page on its website here - https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

2. Select ‘Equity and SME IPO bids’

3. Choose ‘Capillary Technologies India Limited’ from the Issue Name dropdown menu

4. Enter your PAN and Application Number

5. Click on Submit.

Your Capillary Technologies IPO allotment status will be displayed on the screen.

The initial share sale of Capillary Technologies India Ltd got subscribed 52.95 times on the final day of subscription on Tuesday.

The ₹877.5-crore IPO received bids for 44,38,95,325 shares against 83,83,430 shares on offer, as per details available with the NSE.

Among investor categories, non-institutional investors' portion fetched 69.84 times subscription while the quota for Qualified Institutional Buyers (QIBs) was subscribed 57.27 times. The category for Retail Individual Investors (RIIs) received 15.82 times subscription.

Capillary Technologies IPO GMP today jumped to its highest so far of ₹62. This means that shares of Capillary Technologies are trading ₹62 higher than the IPO price of ₹577. At the prevailing GMP, Capillary Technologies IPO listing price could be ₹639, a premium of nearly 11%.