Capillary Technologies IPO listing today: GMP trends point to strong listing; Check issue price and other details

Capillary Technologies IPO listing, GMP, Share Price Today: Capillary Technologies is making its stock market debut today with strong GMP trends indicating a premium listing. The IPO saw a robust demand.

The Capillary Technologies IPO price band was fixed between Rs 549 and Rs 577 per share.

Capillary Technologies IPO Listing: Shares of Capillary Technologies India are set to debut on the Indian stock exchanges on Friday, November 21, following strong investor interest in its initial public offering (IPO).

The SaaS firm opened its IPO for subscription from November 14 to 18, with allotments finalised on November 19. The stock will start trading on both the BSE and NSE from Friday, November 21.

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According to a notice issued by the exchange, Capillary Technologies India Limited will be admitted to trading in the ‘B’ group of securities starting Friday. The scrip will also take part in the Special Pre-open Session (SPOS) and will be available for trading from 10:00 AM.

Ahead of the listing, investors have been tracking the grey market premium (GMP) to gauge the potential debut price. Here’s a look at the latest signals from the unofficial market:

Capillary Technologies IPO GMP Today

The company’s shares are witnessing strong demand in the grey market. As per GMP trends tracking platform Investorgain, the premium on Friday was Rs 630 per share, indicating that unlisted shares are trading Rs 53 above the issue price.

Capillary Technologies IPO Listing Price Expectation

Based on the current GMP, the stock is expected to list around Rs 635 per share, which is about 10% higher than the IPO price of Rs 577. Analysts also anticipate a healthy premium when the shares list on the exchanges.

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Capillary Technologies IPO Subscription and Key Details

The public issue opened on November 14 and closed on November 18, with allotments declared on November 19. The shares will be listed on both BSE and NSE on November 21.

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The IPO price band was fixed between Rs 549 and Rs 577 per share. The company mobilised Rs 877.50 crore through the book-built issue, which included a fresh issuance of 59.79 lakh shares amounting to Rs 345 crore and an offer-for-sale (OFS) of 92.28 lakh shares worth Rs 532.50 crore.

Overall, the IPO received 52.95 times subscription, according to NSE data. Retail investors subscribed 15.82 times, while the Non-Institutional Investors (NII) category saw 69.84 times subscription. The Qualified Institutional Buyers (QIBs) segment was subscribed 57.27 times.

MUFG Intime India Pvt Ltd served as the registrar for the issue. JM Financial, IIFL Capital Service, and Nomura Financial Advisory and Securities were the book-running lead managers.