IPO Details

Bidding Dates

20 Jan '25 - 22 Jan '25

Minimum Investment

₹1,05,200 / 1 Lot (400 Shares)

Price Range

₹250 - ₹263

Maximum Investment

₹1,05,200 / 1 Lot (400 Shares)

Retail Discount

To be announced

Issue Size

₹169.37 Cr

Investor category and sub category

Retail Individual Investors (RII)  |   Non-institutional Investors (NII)  |   Qualified Institutional Buyers (QIB)  |  

CapitalNumbers Infotech IPO Important Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

Jan 20, 2025

IPO Closing Date

Jan 22, 2025

Basis of Allotment

Jan 23, 2025

Initiation of Refunds

Jan 24, 2025

IPO Listing Date

Jan 27, 2025

About CapitalNumbers Infotech IPO

CapitalNumbers Infotech is launching an IPO worth ₹169.37 crore through a book-built issue. The IPO comprises a fresh issue of 32.20 lakh shares, aggregating ₹84.69 crore, and an offer for sale of an equivalent 32.20 lakh shares, also amounting to ₹84.69 crore.

The IPO will open for subscription on January 20, 2025, and close on January 22, 2025. Allotment is expected to be finalised by January 23, 2025, with a tentative listing date on the BSE SME scheduled for January 27, 2025.

The IPO price band is set between ₹250 and ₹263 per share. Retail investors can apply for a minimum of one lot, consisting of 400 shares, requiring a minimum investment of ₹1,05,200. High Net Worth Individuals (HNIs) must apply for at least two lots (800 shares), amounting to ₹2,10,400.

GYR Capital Advisors Private Limited serves as the book-running lead manager for the issue, while Link Intime India Private Ltd is the registrar. Giriraj Stock Broking Private Limited acts as the market maker.

Industry Outlook

  1. Global IT spending is forecasted to reach $5 trillion in 2024, with IT services projected to grow by 8.7% to $1.5 trillion. This growth is driven by enterprises investing in efficiency and optimisation during economic uncertainty.
  2. In India, IT spending is expected to grow by 11.1% in 2024, with IT services and devices expected to grow by 13.4% and 12.3%, respectively. This growth is fueled by the rising demand for AI, cloud, and data analytics solutions. 

CapitalNumbers Infotech IPO Objectives 

The company plans to allocate the net proceeds from the issuance to the following purposes:

  1. The company aims to allocate funds towards advancing cutting-edge technology to stay ahead in the competitive market. 
  2. A portion of the proceeds will be used to boost spending on expanding business operations and reaching new markets.
  3. Funds will be directed towards strengthening and expanding the company’s subsidiary, fostering overall growth.
  4. The company plans to use proceeds for strategic acquisitions and other growth initiatives to fuel long-term expansion.
  5. The remaining funds will be used for general corporate purposes.

About CapitalNumbers Infotech Limited 

CapitalNumbers Infotech Limited is a prominent player in the digital consulting and IT engineering sector, offering end-to-end software development solutions to enterprises and startups globally. The company specialises in a wide range of services, including Digital Engineering, Data Analytics, AI/ML, Cloud Engineering, UI/UX Design, and advanced technologies like Blockchain and AR/VR. With a team of over 500 professionals, CapitalNumbers serves more than 250 clients worldwide from its India-based offices.

The company holds ISO 9001, ISO 27001, and SOC 2 Type II certifications, ensuring high standards of quality and security in its offerings. Its expertise spans multiple technologies, including React, Angular, .NET, Python, Node, PHP, Java, and more, enabling the development of custom software and digital solutions.

CapitalNumbers has received numerous accolades, including the Economic Times Best Tech Brands 2024 and the Financial Times High-Growth Companies-Asia Pacific recognition. The company’s strong leadership, spearheaded by CEO and founder Mr. Mukul Gupta, has played a key role in its success.

How To Check the Allotment Status of the CapitalNumbers Infotech IPO?

Steps to check IPO allotment status on Angel One’s app:

  1. Log in to the Angel One app.
  2. Go to the IPO Section and then to IPO Orders.
  3. Select the individual IPO that you had applied for and check the allotment status.
  4. Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for CapitalNumbers Infotech IPO Online?

  1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
  2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
  3. Select IPO: Find and select the CapitalNumbers Infotech IPO from the list of open IPOs.
  4. Enter the Lot Size: Specify the number of lots you want to bid for.
  5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
  6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of CapitalNumbers Infotech IPO 

Registered office: Mani Casadona IT Building, 8th Floor, 8E4, East

Tower, Plot 2 F/4, Action Area I, 2F,  New Town, North 24 Parganas, New Town, West Bengal, India, 700156

 

Phone: 033 67992211

E-mail: cs@capitalnumbers.com 

 

CapitalNumbers Infotech IPO Reservation

Investor Category

Shares Offered

QIB Shares 

Not more than 50% of the Net Issue

NII (HNI) Shares 

Not more than 15% of the Net Offer

Retail Shares 

Not less than 35% of the Net Offer

CapitalNumbers Infotech IPO Lot Size

Application

Lots

Shares

Amount

Retail (Min)

1

400

₹1,05,200

Retail (Max)

1

400

₹1,05,200

HNI (Min)

2

800

₹2,10,400

CapitalNumbers Infotech IPO Promoter Holding

The promoters of the company are Mukul Gupta, Vipul Gupta and Herprit Gupta.

Share Holding Pre-Issue

99.99%

Share Holding Post Issue

-

Key Performance Indicators for CapitalNumbers Infotech IPO

As of March 31, 2024, the market capitalisation of CapitalNumbers Infotech's IPO is ₹642.43crore. Here are the KPIs of CapitalNumbers Infotech:

KPI

Value

RoCE (%)

51.90%

RoNW (%)

38.62%

PAT Margin 26.47

26.47

Price to Book Value

8.29

Price Metrics

Metric

Pre-IPO

Post-IPO

EPS (₹)

12.25

11.19

P/E (x)

21.46

23.5

Note: The Pre-IPO EPS is based on the pre-issue shareholding and the latest FY earnings as of March 31, 2024. The Post-IPO EPS is calculated using the post-issue shareholding and the annualized FY earnings as of September 30, 2024.

CapitalNumbers Infotech IPO Prospectus

CapitalNumbers Infotech IPO Registrar and Lead Managers

CapitalNumbers Infotech IPO Lead Managers

  • GYR Capital Advisors Private Limited

Registrar for CapitalNumbers Infotech IPO

Link Intime India Private Ltd

 

CapitalNumbers Infotech IPO Registrar

Financial Performance of CapitalNumbers Infotech Limited

Particulars Year ending on March 31, 2024 Year ending on March 31, 2023 Year ending on March 31, 2022
Revenue from Operation (in ₹ lakh) 9,817.21 9,257.23 6,907.18
Profit After Tax (PAT) (in ₹ lakh) 2,577.53 1,745.32 1,582.35
EBITDA (in ₹ lakh) 3,641.33 2,527.13 2,267.41
Net Worth (in ₹ lakh) 6,744.95 5,996.12 4,251.23
Return on Net Worth (%) 38.62 29.10 37.46
Current Ratio (x) 18.16 9.26 10.20
Total borrowings (in ₹ lakh) - 107.13 116.18
Debt-Equity ratio (x) 0.00 0.02 0.03

Know before investing

Strengths

8
  1. Strong customer relationships drive revenue growth and client satisfaction globally.

  2. Scalable business model backed by a diverse and expanding clientele.

  3. 100% revenue from export sales ensures a strong global presence.

  4. Experienced leadership with a decade-long track record of industry success.

  5. Diverse revenue streams from various industrial verticals fuel growth.

  6. Solid financial position with ₹914.04 lakh cash balance as of September 2024.

  7. New sales office in the Netherlands boosts European expansion opportunities.

  8. Focus on operational efficiency and resource utilisation to maximise client value.

Risks

8
  1. Heavy reliance on US and UK markets makes CapitalNumbers vulnerable to adverse developments.

  2. Foreign exchange fluctuations may negatively impact results due to significant overseas revenue.

  3. Technological obsolescence could hurt business if new services aren't developed timely.

  4. High employee turnover in India's competitive labour market may impact performance.

  5. CapitalNumbers won't benefit from proceeds of the Offer for Sale.

  6. Difficulty in obtaining or renewing necessary licenses could hinder operations.

  7. Inadequate protection of intellectual property may lead to loss of market position.

  8. Failure to address regulatory changes could increase compliance costs and penalties.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

CapitalNumbers Infotech Limited Peer Details Comparison

Company Name EPS (Basic) NAV (per share) (₹) P/E (x) RoNW (%)
CapitalNumbers Infotech Private Limited 12.25 31.73 - 38.62
Info Beans Technologies Ltd 9.25 121.73 44.85 7.6
Silver Touch Technologies Limited 12.67 89.01 55.26 14.23

CapitalNumbers Infotech IPO FAQs

What is the CapitalNumbers Infotech IPO?

CapitalNumbers Infotech IPO is a book-built issue IPO. It will be open from January 20, 2025, to January 22, 2025.

When will the CapitalNumbers Infotech IPO be allotted?

The Basis of Allotment will happen on Thursday, January 23, 2025.

When will the CapitalNumbers Infotech IPO open for subscription?

The IPO subscription window will open on January 20, 2025.

What minimum lot size can retail investors subscribe to?

The minimum lot size retail investors can subscribe to is 1 lot, and the lot size is 400 shares.

When will CapitalNumbers Infotech Limited list on exchanges?

The listing date for CapitalNumbers Infotech Limited is Monday, January 27, 2025.

What is the issue size of the CapitalNumbers Infotech IPO?

The issue size of the CapitalNumbers Infotech IPO is up to ₹169.37 crore, with a fresh issue of ₹84.69 crore and an offer for sale of ₹84.69 crore.

What are the open and close dates of the CapitalNumbers Infotech IPO?

The open and close dates for CapitalNumbers Infotech IPO are from January 20, 2025, to January 22, 2025.

What would be the listing gains on the CapitalNumbers Infotech IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange.

How to increase your chances of getting a CapitalNumbers Infotech IPO allotment?

  1. Multiple Submissions: Use different Demat accounts to make multiple applications.
  2. Higher Price Band Bidding: Opt for bidding at the cut-off price or higher price band.
  3. Timely Subscription: Ensure you subscribe to the IPO within the specified time frame.

How do I approve the UPI mandate request for the CapitalNumbers Infotech IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

Can I submit more than one application for the public issue of CapitalNumbers Infotech Limited using one PAN?

You can submit only one application using your PAN card.

How to read CapitalNumbers Infotech Limited's financial statements?

To read CapitalNumbers Infotech’s financial statements, download the IPO’s  RHP document.

What is 'pre-apply' for CapitalNumbers Infotech Limited IPO?

Pre-apply allows investors to apply for the  CapitalNumbers Infotech  IPO two days before the subscription period opens, ensuring an early submission of your application.

If I pre-apply for the CapitalNumbers Infotech Limited IPO, when will my order get placed?

Your order will be placed when the IPO opens for bidding, and a UPI request will follow within 24 hours.

When will I know if my CapitalNumbers Infotech Limited IPO order is placed?

You will receive a notification once your order is successfully placed with the exchange after the bidding starts.

Who is the registrar of CapitalNumbers Infotech IPO?

Link Intime India Private Ltd is the registrar responsible for managing the IPO allotment process and handling investor queries.

Where is the CapitalNumbers Infotech IPO getting listed?

CapitalNumbers Infotech Limited IPO is proposed to be listed on the SME platform of the Bombay Stock Exchange (BSE).