SaaS firm Capillary Technologies made a muted debut on the bourses on Friday, listing at Rs 560 per share on the BSE, a 3% discount to its issue price of Rs 577. On the NSE, the stock opened slightly higher at Rs 571.9.
Capillary’s IPO, which was open for subscription between November 14–18 with a price band of Rs 549–577, had received strong demand despite the soft listing. The issue was subscribed nearly 53 times overall, driven by heavy interest from non-institutional investors (69.8X) and qualified institutional buyers (57.3X). The retail…
