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Capillary Technologies Reignites IPO Plans Amid Growth

  • Capillary Technologies has refiled for an IPO to raise funds, aiming for a Rs 2,250 crore offering.
  • The IPO will include a fresh issue and an offer-for-sale from existing shareholders, with significant stakes offered by its Singapore-based promoter.
  • Proceeds will bolster cloud infrastructure, research and development, and acquisitions, alongside general corporate purposes.
  • The company returned to profitability in FY25, reporting a Rs 13.3 crore net profit and a 14% revenue increase.
  • Strategic acquisitions in North America and Europe have been key growth drivers, contributing significantly to the overall revenue increase.

Source: The Arc

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