Inside Capillary’s Tech Stack, PW’s Listing Day & More

Capillary Nears D-Street 

Capillary Technologies is set to hit the D-Street debut later this week, and the markets are already buzzing. The SaaS major’s public issue was oversubscribed 52X, with the grey market signalling a premium of nearly 5% over its issue price of INR 577. So, how does its IPO stack up?

The Nitty Gritties: Touted as 2025’s first Indian, pure-play SaaS startup IPO, Capillary’s public issue comprises a fresh issue of INR 345 Cr and an OFS component of up to 92.3 Lakh…