4
Bengaluru-based Software-as-a-service (SaaS) firm Capillary Technologies has received the SEBI nod for its initial public offering (IPO). The approval allows the company to raise up to Rs 430 crore through a fresh issue of equity shares, alongside an offer for sale (OFS) of up to 1.83 crore shares by existing investors.
The company had filed its Draft Red Herring Prospectus (DRHP) in June this year. The IPO is expected to be listed on both the BSE and NSE, with JM Financial, IIFL Capital, and Nomura Financial Advisory appointed as the book-running…
