Capillary Technologies’ initial public offering (IPO) continued to attract strong investor interest on Day 3, pushing the overall subscription to 5.1 times, as the Bengaluru-based SaaS company inched closer to one of the more successful public market debuts from India’s enterprise tech segment this year.
The IPO, which opened for subscription on Monday, has received active participation from retail investors, qualified institutional buyers (QIBs), and non-institutional investors (NIIs), reflecting a broad-based demand for the 16-year-old company known for powering customer loyalty and engagement platforms across several global enterprises.
Strong Demand Across Investor Categories
Accordin
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