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Capillary Tech readies for 2nd IPO attempt

Mint Bangalore

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June 13, 2025

Warburg, other existing investors to pare stakes via listing this fiscal year

- Mansi Verma & Sneha Shah

Capillary Technologies, a company specializing in loyalty management and customer engagement software, is likely to file a draft prospectus by October and go public this fiscal, two people aware of the plan told Mint. This would be its second attempt at listing.

The company's board approved an initial public offering of ₹2,250 crore, of which ₹500 crore is a fresh issue of shares and ₹1,750 crore is an offer for sale by existing investors, according to a filing with the ministry of corporate affairs earlier this month.

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