Capillary Technologies India IPO
Capillary Technologies India Limited (CAPILLARY) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 21 November 2025.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +24.6% (likely range +2% to +33%), day's high +33.5%, chance of a gain 95%. Actual: -0.9% at the open, +9.9% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 45,52,002 | 26,06,87,700 | 57.3x | |
| NII (HNI) total | 22,76,000 | 15,89,44,725 | 69.8x | |
| Big NII (above ₹10 lakh) | 15,17,334 | 12,95,79,300 | 85.4x | |
| Small NII (₹2-10 lakh) | 7,58,666 | 2,93,65,425 | 38.7x | |
| Retail | 15,17,333 | 2,40,01,125 | 15.8x | |
| Employees | 38,095 | 2,62,100 | 6.88x | |
| Total | 83,83,430 | 44,38,95,650 | 52.9x |
Bids on NSE and BSE together, as published by NSE, as of 18 Nov 2025, 07:00 PM. Shares offered exclude the anchor portion. 4% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Capillary Technologies India's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| RailTel Corporation of IndiaFeb 2021 | 65.1x | 73.3x | 16.8x | 42.4x | ₹820 Cr | +16.0% | +36.0% |
| Dodla DairyJun 2021 | 84.9x | 73.3x | 11.3x | 45.6x | ₹520 Cr | +28.5% | +52.3% |
| Shankara Building ProductsMar 2017 | 51.6x | 90.7x | 15.3x | 41.9x | ₹349 Cr | +20.7% | +38.3% |
| Credo Brands MarketingDec 2023 | 105x | 55.5x | 19.9x | 51.9x | ₹550 Cr | +0.8% | +16.0% |
| Innova CaptabDec 2023 | 117x | 64.9x | 17.1x | 55.3x | ₹577 Cr | +0.9% | +21.1% |
| Apeejay Surrendra Park HotelsFeb 2024 | 75.1x | 52.4x | 30.4x | 59.7x | ₹971 Cr | +20.0% | +44.0% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| JM Financial | 109 | +22.8% | 75% |
| IIFL Capital Services | 94 | +19.3% | 71% |
| Nomura Financial Advisory and Securities (India) | 27 | +16.0% | 56% |
Offer documents (NSE)
Frequently asked
What is the Capillary Technologies India IPO price band and lot size? ₹549–577 per share, with a lot of 25 shares, so the smallest retail bid is ₹14,425.
How many times has it been subscribed? 52.9x overall: QIB 57.3x, NII 69.8x, retail 15.8x, employees 6.88x.
How did it list? It opened at ₹572, -0.9% against the issue price of ₹577, and closed its first day +5.1%.
