New Delhi, Nov. 11 -- Capillary Technologies has filed its red herring prospectus with a reduced public issue: a fresh issue of up to Rs.345 crore and an offer-for-sale (OFS) of up to 92.29 lakh shares. Anchor bidding is set for Nov. 13; the public bid window runs Nov. 14-18, and shares are expected to list on Nov. 21. The company plans to use IPO proceeds for cloud infrastructure, product R&D and systems, while several earlier OFS sellers scaled back plans.
Capillary Technologies' IPO will comprise a fresh issue of up to Rs.345 crore and an OFS of up to 92.29 lakh shares. According to the RHP, promoter Capillary Technologies International Pte Ltd plans to sell 85.41 lakh shares, while Trudy Holdings will offload 6.88 lakh shares via the...
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