Capillary Technologies’ IPO subscribed nearly 53 times

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SaaS startup Capillary Technologies’ initial public offering (IPO) received strong demand from investors as the overall issue was subscribed nearly 53X, steered by strong demand from Non-Institutional Investors (NIIs).

According to exchange data, the Non-Institutional Investors (NIIs) subscribed 69.8 times, followed by Qualified Institutional Buyers (QIBs), which subscribed 57.3X. The retail quota saw 15.7X subscription, while the employee portion oversubscribed with 6.86X.

The initial public offering was open for subscription from November 14 to 18…



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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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Capillary Technologies’ IPO subscribed nearly 53 times


SaaS startup Capillary Technologies’ initial public offering (IPO) received strong demand from investors as the overall issue was subscribed nearly 53X, steered by strong demand from Non-Institutional Investors (NIIs).

According to exchange data, the Non-Institutional Investors (NIIs) subscribed 69.8 times, followed by Qualified Institutional Buyers (QIBs), which subscribed 57.3X. The retail quota saw 15.7X subscription, while the employee portion oversubscribed with 6.86X.

The initial public offering was open for subscription from November 14 to 18…



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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