Price Band Set At INR 549-577, Seeks $515 Mn Valuation

Capillary Technologies has set the price band for its IPO at INR 549 to INR 577 per share

At the upper end of the price band, the IPO values the company at about INR 4,576 Cr (about (about $515 Mn)

The IPO comprises a fresh issue of INR 345 Cr and an offer-for-sale (OFS) component of up to 92.29 Lakh shares. At INR 577 per share, the total size of the issue would be around INR 877 Cr

Bengaluru-based SaaS company Capillary Technologies has set the price band for its IPO…