India, Nov. 21 -- SaaS major Capillary Technologies made a muted debut on the exchanges. The company's shares got listed at INR 560 apiece on the BSE, a discount of 2.9% to the issue price.

On the NSE, the stock got listed at INR 571.90 per share, nearly 1% below the issue price of INR 577.

The company had set a price band of INR 549 to INR 577 per share for its public issue. At the upper end of the price band, Capillary Technologies was eyeing a valuation of about INR 4,576 Cr (about $515 Mn).

The IPO comprised a fresh issue of INR 345 Cr and an offer for sale (OFS) of 92.29 Lakh shares. The issue was oversubscribed 52.95X.

While promoter Capillary Technologies International Pte Ltd offloaded 85.41 Lakh shares via the OFS, Trudy Hold...