Capital Numbers Infotech IPO shares debuted at ₹274 on the BSE SME platform, marking a 4.18% premium. The price band for the IPO has been set between ₹250 and ₹263 per share and the SME issue was oversubscribed by over 134.62 times in the primary market.
Capital Numbers Infotech IPO Subscription Status
The Capital Numbers Infotech IPO witnessed robust subscription across all categories over its three-day offering. On Day 1 (January 20, 2025), the IPO was subscribed 2.86 times, with QIB at 2.8 times, NII at 2.21 times, and Retail at 3.17 times.
Day 2 saw a significant surge, with overall subscription reaching 12.16 times, including QIB at 3.09 times, NII at 15.69 times, and Retail at 15.83 times. On the final day (January 22, 2025), the IPO was heavily oversubscribed at 134.62 times, driven by QIB at 122.19 times, NII at 297.32 times, and Retail at 71.99 times.
Capital Numbers Infotech IPO GMP
The Capital Numbers Infotech IPO had a grey market premium (GMP) of ₹50 before listing, indicating strong investor interest. However, the shares debuted at ₹274 on the BSE SME platform, reflecting a modest 4.18% premium over the issue price. Despite the relatively low listing gain compared to the GMP, the IPO witnessed robust subscription, showcasing investor confidence in the company.
Details About Capital Numbers Infotech IPO
The Capital Numbers Infotech IPO opened on January 20, 2025, and closed on January 22, 2025, raising ₹169.37 crores. This included a fresh issue and an offer for sale of 32.20 lakh shares each, priced between ₹250 and ₹263 per share. The allotment status was finalized on January 23, 2025, and the IPO was listed on January 27, 2025, on the BSE SME. Retail investors applied for a minimum of 400 shares (₹1,05,200), while HNIs applied for a minimum of 800 shares (₹2,10,400).
Category-Wise Allocation:
Retail Investors: Substantial portion was reserved, minimum lot size 400 shares.
HNIs: Minimum lot size was 800 shares.
QIBs: Allocation was based on the book-building process.
Funds Deployment of This Company
- Purchase advanced technology for technical upgrades.
- Increase spending on business development activities.
- Invest in the company’s subsidiary.
- Support inorganic growth through acquisitions and strategic initiatives.
- Gain benefits from listing equity shares on stock exchanges.
- Execute an offer for sale of 32,20,000 equity shares by promoter shareholders.
About Company
Founded in 2012, CapitalNumbers Infotech Limited is a leading provider of digital consulting and IT engineering services, offering solutions like custom software, web and mobile app development, and advanced technologies such as AI/ML, Blockchain, and AR/VR.
With over 1,000 global clients and 250 active as of September 2024, the company focuses on delivering tailored, high-quality solutions. Operating through project-based and Time & Material models, CapitalNumbers ensures scalability and flexibility.
Its strengths include long-term client relationships, a diversified business model, and an experienced team of 447 professionals driving its growth in the digital services space.
Financial Background of Capital Numbers Infotech IPO
As of September 30, 2024, CapitalNumbers Infotech reported total assets of ₹8,995.96 lakhs and a net worth of ₹8,114 lakhs, reflecting steady growth. Total revenue for the six months ending September 2024 stood at ₹5,164.14 lakhs, with a profit after tax of ₹1,367.04 lakhs. The company has maintained a strong financial position with no borrowings as of 2024, supported by reserves and surplus of ₹5,993.3 lakhs. Over the years, consistent revenue and profit growth highlight its robust business performance.