The global loyalty market, currently worth around USD 17 billion, is on track for strong growth and is likely to touch USD 24.7 billion by 2028. Capillary Technologies India Pvt Ltd, a company working in the same area, is ready to go public.
JM Financial, IIFL Capital Services, and Nomura Financial Advisory and
Securities will be managing the issue. Also, MUFG Intime is responsible for registering it. Check the Capillary Tech IPO allotment status now.
To know more about the IPO, see the Capillary Technologies IPO DRHP.
Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.
Here's everything about the Capillary Technologies Limited IPO.
Capillary Technologies filed its draft papers with SEBI on June 20, 2024. It got the approval on September 22, 2025. However, information about its opening and closing dates is not available yet. Stay tuned for more.
Let's see the risks and strengths you should know, including Capillary Technologies valuation:
One platform for many loyalty programs: The company helps big retailers and brands manage several loyalty schemes from one place.
Trusted by big names: Well-known brands like Tata Digital, ABFRL, and a top UAE group use their platform.
Special programs for fleet users: They design loyalty plans for fuel stations and trucking businesses. Regular customers get rewards for buying fuel, while fleet owners get discounts.
Smart rewards for CPG brands: In the consumer goods space, they help brands keep their distributors and sellers happy with incentives.
Risks
Too Much Focus on North America: The company’s income comes from North American clients. If the market there slows down or faces any problems, it could impact the company’s sales and profits.
Trouble Getting New Customers: It might get harder for the company to find new clients without spending too much.
Past Financial Losses: The company lost ₹593.78 million in 2024 and ₹877.19 million in 2023. Some of its subsidiaries also had losses.
Challenges with New Ideas and Acquisitions: The company keeps buying new businesses and creating new products. But if those products don’t work well, it could affect their growth.
As of November 5, 2025, the Capillary Technologies IPO GMP hasn’t been updated yet. You can see the IPO's live GMP and the subscription status. Also, check the Capillary Technologies RHP before you click on the Apply Now button.
1. How is the Capillary Technologies IPO review?
Capillary Technologies Limited is a SaaS company. However, you can check the IPO date, size, Capillary Technologies’ revenue, and financials in its DRHP. For the latest details, you can also look for the GMP updates.
2. What is the Capillary Technologies Ltd IPO date?
The IPO open and the close date are unavailable as of November 5, 2025. Live subscription details can be monitored through FinnPick.
3. What is the Capillary Technologies IPO price?
The Capillary IPO price is unavailable as of November 5, 2025. Also, don't forget to check the Capillary Technologies IPO news.
4. Should I use a demat account to bid for the Capillary Technologies Limited IPO?
Yes, a demat account is required to bid for the Capillary Technologies Limited IPO. Click here to get the ultimate list of the top demat account providers.
