Capillary Technologies share price: Stock debuts at nearly 1% discount on NSE; here's how much investors lost per lot

The stock started trading at ₹571.9 apiece on the National Stock Exchange (NSE). This reflects a discount of 0.88% against the IPO issue price of ₹577. Post listing, it rose 7% to ₹612 per unit.

On the BSE, the scrip debuted at ₹560, down 2.95% from the issue price.

Capillary Technologies share price: Here's how much investors lost per lot

The ₹877.70 crore initial share sale was a fresh issuance of equity shares valued at ₹345.20 crore and an offer for sale of 92.28 lakh shares valued at ₹532.50 crore by promoter Capillary Technologies International and investor Trudy Holdings.

The fresh issue proceeds will be used for the following objectives

The initial public offering, with a price band of ₹549 to ₹577 per share, was booked 52.95 times, as investors placed bids for 44,38,95,650 shares compared to 83,83,430 equity shares on offer, as per the data on the NSE website.

Non-institutional investors (NIIs) led the bidding by subscribing their quota 69.84 times. They placed bids for 15,89,44,725 shares against 22,76,000 shares on offer.

The qualified institutional buyers, or QIBs, portion was booked 57.27 times, as they put in bids for 26,06,87,700 shares compared to 45,52,002 shares reserved.

Retail individual investors (RIIs) applied for 2,40,01,125 shares as against 15,17,333 shares on offer. This shows a subscription of 15.82 times.

Capillary Technologies India is engaged in providing artificial intelligence-based cloud-native Software-as-a-Service (SaaS) products and solutions, majorly to enterprise customers worldwide, to develop loyalty of its consumers and channel partners.