Capital Numbers Infotech IPO subscribed 134.62 times on the last day, while A retail quota was subscribed 71.99 times, QIB was subscribed 122.19 times, and NII quota subscribed by 297.32 times respectively.
Details About Capital Numbers Infotech IPO
Capital Numbers Infotech got approval from SEBI for an IPO of ₹169.37 crores to raise funds and maintain financial stability. The face value of each share was Rs 10 each. Moreover, the company has set up a price band between ₹250 to ₹263 per share. In this IPO a total of 400 shares were available in 1 lot size for the minimum Retail category and for the maximum retail category 400 shares in 1 lot size, while S-HNI (Min) total of 800 shares in 2 lot size.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹1,05,200 and maximum investment of ₹1,05,200.
- Small HNI (S-HNI): Minimum investment of ₹2,10,400.
Subscription duration of Capital Numbers Infotech IPO
The IPO subscription of Capital Numbers Infotech was started on January 20, 2025, and closed for subscription on January 22, 2025. The Capital Numbers Infotech IPO allotment was completed on January 23, 2025. While the listing has been scheduled for January 27, 2025.
Funds Deployment of This Company
Capital Numbers Infotech is planning to use the funds raised by launching an IPO as follows:
- The raised proceeds will be utilized for the expenses of purchasing Technical Advancement of leading-edge technology
- Allocating funds to activities aimed at Increasing Spending on business developments.
- Using funds in the Investment in Subsidiary
- The company will utilize the Funds for inorganic growth through unidentified acquisitions and other strategic initiatives.
- At Last, the remaining funds will be used to cover the General corporate expenses of the company.
- Achieve the benefits of listing the Equity Shares on the Stock Exchanges
- Carry out the Offer for Sale of up to 32,20,000 Equity Shares by the Promoter Selling Shareholders.
About Capital Numbers Infotech IPO
One of the leading companies in the field of digital consulting and IT engineering, Capital Numbers Infotech is known to offer top-notch software development solutions to various businesses and startups worldwide. The company’s portfolio consists of a variety of services such as Digital Engineering, Data Analytics, Artificial Intelligence/Machine Learning (AI/ML), Cloud Engineering, UI/UX Design, and advanced technologies such as Blockchain and Augmented Reality/Virtual Reality (AR/VR). Currently, the company serves more than 250 clients worldwide by providing high-quality services and winning the hearts of people. The firm comprises more than 500 IT professionals and consultants. The team at Capital Numbers Infotech specializes in Cloud, Mobile, DevOps, Data Engineering, and Application Development using React, Angular, .NET, Python, Node, PHP, Java, etc.
Financial Background of Capital Numbers Infotech IPO
In the year 2024, the company generated a revenue of ₹100.39 crores compared to ₹92.98 crores in 2023. In the year 2024, the company reported a profit of ₹25.99 crores in 2024 against a Profit of ₹17.35 crores in 2023.
