CapitalNumbers Infotech IPO: The public issue of CapitalNumbers Infotech, which provides software solutions, is going to open on January 20. The company raised Rs 48.19 crore from 24 institutional investors including WhiteOak Capital and HDFC Bank through anchor book on January 17. CapitalNumbers Infotech said in a BSE filing that the allotment of 18,32,400 equity shares has been finalized to anchor investors at a price of Rs 263 per equity share.
JPMorgan Holdings Hong Kong subsidiary Copthall Mauritius Investment – ODI Account was the largest investor in the anchor book. It bought 2.66 lakh shares worth Rs 7 crore. WhiteOak Capital invested Rs 5 crore for 1.9 lakh shares through its 3 schemes.
HDFC Bank, Capri Global, Moneywise Financial Services, Artha AIF, Swayam India Alpha Fund, Visionary Value Fund, Cent Capital Fund, Paradise Moon Investment Fund, Niveshay Hedgehogs Fund, FinAvenue Capital Trust and Leading Light Fund are the others participating in the anchor book. Was an institutional investor.
CapitalNumbers Infotech IPO price band
The company intends to raise Rs 169.37 crore from the IPO. Bidding can be done in IPO at a price of Rs 250-263 per share and in lots of 400 shares. The IPO will see the issuance of 32.20 lakh new shares worth Rs 84.69 crore, along with an offer for sale (OFS) of 32.2 lakh equity shares worth Rs 84.69 crore. Company promoters Mukul Gupta, Vipul Gupta and Harpreet Gupta will sell shares in OFS. The issue will close on January 22. The allotment will be final on January 23 and the listing of shares will take place on BSE SME on January 27.
Be prepared for the mega event of IPO, 1000 companies can launch in 2 years
How will the IPO money be used?
Incorporated in 2012, CapitalNumbers Infotech provides digital consulting and IT engineering services. The company intends to use the proceeds from the issuance of new shares in its IPO for technical advancement of leading edge technologies, business developments, inorganic growth, investment in subsidiaries and for general corporate purposes. GYR Capital Advisors is the merchant banker for the issue.
