
CosmicTaco
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
6d ago
Talking product sense with Ridhi
9 min AI interview5 questions

You're early. There are no comments yet.
Be the first to comment.
Discover more
Curated from across