India, Nov. 14 -- Update | November 14, 19:25 IST

Capillary Technologies' IPO saw steady demand and was subscribed 28% on the first day of bidding. The public issue received bids for 23.68 Lakh shares against 83.83 Lakh shares on offer.

Retail investors bid for 3.97 Lakh shares against 15.17 Lakh shares reserved for them. This translated to a 26% subscription of their quota.

Non-institutional investors placed bids for 6.37 Lakh shares against 22.76 Lakh shares earmarked for them, translating to 28% subscription.

Meanwhile, the portion reserved for qualified institutional buyers was subscribed 29%, getting bids for 12.99 Lakh shares against 45.52 Lakh shares on offer.

Capillary's employees bid for 33,050 shares against 38,095 shares r...