✨SEBI Approval Secured! Capillary Technologies Poised for a Blockbuster IPO! 🚀
Wow, I was truly surprised when I heard about Capillary Technologies' IPO! 🤩 It's incredible news that the Bengaluru-based SaaS company has received IPO approval from SEBI, isn't it? Their fundraising plans are concrete, and we can look forward to even greater growth ahead!
Hello everyone! Today, I've brought you some truly exciting news from the IT industry. It's the joyful news that Capillary Technologies, a Bengaluru-headquartered Software as a Service (SaaS) company, has recently received approval from the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO)! 🎉
IPO Finally Approved!
This IPO approval marks a very significant turning point for Capillary Technologies. Receiving approval from SEBI signifies that the company's growth potential and transparency have been recognized. As they can now officially proceed with the IPO process, a lot of investor attention is expected to be focused on them. 🤩
Where Will IPO Funds Be Used?
Capillary Technologies' IPO will proceed through a combination of issuing new shares and selling existing shares by current shareholders. They plan to issue new shares worth a total of ₹43 billion, with existing shareholders planning to sell 183 million shares. 😮
So, where will these raised funds be utilized? According to the report, Capillary Technologies plans to invest the secured funds intensively in strengthening cloud infrastructure and product research and development (R&D).
- Cloud Infrastructure: Approximately ₹12 billion
- Product and Platform R&D: Approximately ₹15.15 billion
- Computer System Procurement: Approximately ₹1.03 billion
In addition, some funds are slated for growth through mergers and acquisitions (M&A) and for general corporate purposes. These investment plans appear to be a strategy to further enhance the company's technological competitiveness and lay the groundwork for future growth. 👍
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Remarkable Growth Trajectory
Capillary Technologies has already demonstrated a remarkable growth trajectory. As of Fiscal Year 2025 (FY25), its operating revenue reached ₹59.8 billion, a 14% increase compared to ₹52.5 billion in the previous fiscal year (FY24). This consistent growth is expected to have a positive impact even after the IPO. 😊
Although the process of obtaining SEBI approval since first submitting the IPO documents in June this year may not have been entirely smooth sailing, it's truly gratifying that these efforts have borne fruit! I am truly looking forward to seeing how much further Capillary Technologies will grow through its IPO. What are your thoughts? Please share your opinions in the comments! 👇
A Warm Closing
Good news always brings us hope. I believe the news of Capillary Technologies' IPO approval will inject positive energy into the entire IT industry. While cheering for the innovation and growth that Capillary Technologies will showcase, I also hope for a brighter future for all of us! ✨