A Bold Leap Forward: Capital Numbers’ Successful IPO Journey
Table of Contents
What a way to kick off 2025! We’re excited to share that Capital Numbers is now a public limited company! Our Initial Public Offering (IPO), launched from January 20 to 22, 2025, was a massive success. It made history as the largest SME IPO in East India and raised a whopping INR 169.37 crore at the upper price band.
A Record-breaking IPO
With a price band of INR 250 – INR 263 per share and a lot size of 400 equity shares, our IPO saw 134.62 times subscription, collecting over INR 15,000 crore – a clear sign of the trust and excitement around our growth.
We were honored to have 26 prestigious anchor investors, including HDFC Bank Limited, Moneywise Financial Services Pvt. Limited, and Visionary Value Fund, backing our vision. Their confidence reaffirms our commitment to delivering top-notch IT solutions, including custom software, cloud engineering, data engineering, AI/ML development, and more.
The Celebration: A Grand Listing Ceremony
To celebrate this monumental achievement, we hosted a special IPO Listing Ceremony at the Hyatt Regency Kolkata, bringing together some of the brightest minds in the industry. Top financial experts, industry leaders, and key stakeholders attended the event, making it a truly memorable occasion.
Our guests included Mr. Sandeep More, Regional Head East, BSE Limited, and Mr. Ankit Kesharwani from GYR Capital Advisors Private Limited, among others. The atmosphere was filled with excitement, pride, and gratitude as we reflected on our journey and looked ahead to the future.
A major highlight of the event was the speech by our CEO, Mukul Gupta, who shared his vision and appreciation for everyone who made this possible: “We envisioned creating a company that stood for excellence, innovation, and reliability, values that drive us even today”.
He also took a moment to thank the clients and the team: “From start-ups to large enterprises, companies trust us to run their digital infrastructure and help them develop digital strategies. First and foremost, I would like to say to our team that you’re the backbone of Capital Numbers”.
The celebration was more than just ringing the bell – it was about acknowledging the years of hard work, our clients’ support, and our employees’ dedication. It marked the beginning of an even more ambitious phase for Capital Numbers.
What’s Next? Even Bigger Goals!
Going public is just the beginning! Capital Numbers, an award-winning software development company, is now focused on expanding technology, business growth, and strategic investments to scale even further. Here’s where we’re investing:
- INR 17.82 crore to push the boundaries of cutting-edge technology
- INR 15.00 crore to scale up business development
- INR 5.00 crore for strategic investment in subsidiary
- Balance was kept aside for strategic acquisition and general corporate purposes
The Future is Bright!
This IPO isn’t just about numbers – it’s about the journey ahead. With more clients, global expansion, and continuous innovation, we’re just getting started!
A huge thank you to our investors, clients, and team – this success belongs to all of us. Here’s to bigger opportunities, greater heights, and a future full of possibilities!
Capital Numbers is ready for what’s next – let’s go!