Capillary Technologies India Ltd. share price target

Issue Snapshot: Issue Open: November 14 November 18, 2025 Price Band: Rs. 549-577 (Employee Discount Rs 52/unit) *Issue Size: Up to Rs 877.50 cr (Fresh issue of upto Rs 345 cr + Offer for sale of upto 9,228,796 eq sh) Reservation for: QIB atleast 75% eq sh Non-Institutional upto 15% eq sh ((including 1/3rd for applications between Rs.2 lakhs to Rs.10 lakhs)) Retail upto 10% eq sh Face Value: Rs 2 Book value: Rs 68.59 (Sept 30, 2025) Bid size: - 25 eq sh and in multiples thereof 100% Book built Issue IPO Note - Capillary Technologies India Limited

IPO NOTE

Capillary Technologies is a global SaaS company offering end-to-end loyalty and engagement management solutions to enterprise clients across 47 countries. With a strong presence in India, the United States, the United Kingdom, the UAE, and other Asian markets, the company serves over 410 brands as of September 2025. Its diversified product suite - Loyalty+, Engage+, Insights+, Rewards+, and Customer Data Platform (CDP) - helps businesses design comprehensive loyalty programs, deliver omni-channel engagement, and drive repeat sales through advanced analytics and seamless system integration....

Comprehensive product portfolio driving enterprise retention: The company's offerings - Loyalty+ (loyalty engine processing 0.18 mn transactions per hour), Engage+ (personalization & campaign management; enables omni-channel communication), Insights+ (leverages AI/ML to predict, churn & optimize campaigns), Rewards+ (catalogue management), and CDP (customer data platform; unifies customer data across touchpoints) - enables brands to design, manage & scale end-to-end loyalty programs, enhance consumer engagement, & drive data-led personalization across channels....

Capillary Technologies India Ltd. (CTIL) offers AI-based cloud-native SaaS products & solutions primarily to Enterprise Customers globally to develop loyalty of their consumers and channel partners. Headquartered in India, the company supports over 410 brands across 47 countries and is one of the global leaders in the loyalty and engagement management space. CTIL's diversified product suite includes advanced loyalty management platform (Loyalty+), connected engagement platform (Engage+), predictive analytics platform (Insights+), rewards management platform (Rewards+) and customer data platform (CDP) which allows its Enterprise Customers to run end-to-end...