Capillary Technologies raises Rs 394 Cr from anchor investors

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SaaS startup Capillary Technologies has raised Rs 393.7 crore from 21 anchor investors at the upper price band of Rs 577 per share, ahead of its IPO opening for subscription tomorrow (November 14).

According to the company’s filing with the stock exchanges, 68,28,001 equity shares were allotted to anchor investors at Rs 577 each to raise the above mentioned amount. 

Of the total anchor portion, 46.1 lakh shares (67.52%) were allotted to nine domestic mutual funds across 13 schemes, raising Rs 266 crore. Domestic investors include SBI MF, ICICI…



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Capillary Technologies raises Rs 394 Cr from anchor investors


SaaS startup Capillary Technologies has raised Rs 393.7 crore from 21 anchor investors at the upper price band of Rs 577 per share, ahead of its IPO opening for subscription tomorrow (November 14).

According to the company’s filing with the stock exchanges, 68,28,001 equity shares were allotted to anchor investors at Rs 577 each to raise the above mentioned amount. 

Of the total anchor portion, 46.1 lakh shares (67.52%) were allotted to nine domestic mutual funds across 13 schemes, raising Rs 266 crore. Domestic investors include SBI MF, ICICI…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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