CapitalNumbers Infotech IPO: A Comprehensive Overview

Published 22-01-2025, 01:30 pm

CapitalNumbers Infotech Ltd. (CIL), a leading digital consulting and IT engineering firm, offers end-to-end software solutions to enterprises and startups worldwide. With expertise spanning digital engineering, AI/ML, cloud technologies, data analytics, UI/UX design, and emerging fields like blockchain and AR/VR, the company caters to over 250 global clients through its team of 500+ IT professionals across India.

CIL has been recognized for its excellence with accolades such as Economic Times Best Tech Brands 2024, Financial Times High-Growth Companies Asia-Pacific 2024, and Clutch Top 1000 B2B Companies 2024, among others.

IPO Details

The company is launching its maiden IPO via a book-building route, offering 6.44 million equity shares to raise INR 169.37 crore (at the upper price band). The issue includes 3.22 million fresh shares (INR 84.69 crore) and an Offer for Sale of 3.22 million shares (INR 84.69 crore).

The IPO, priced between INR 250 – INR 263 per share, opened for subscription on January 20, 2025, and closes on January 22, 2025. Investors can apply in minimum lots of 400 shares. Post-listing, the shares will trade on BSE SME.

Proceeds from the fresh issue will be allocated to:

- INR 17.82 crore for advanced technology development

- INR 15.00 crore for business expansion

- INR 5.00 crore for investment in subsidiaries

- Remaining for inorganic growth and corporate purposes

Post-IPO, the company’s equity capital will rise to INR 24.43 crore, valuing it at a market cap of INR 642.43 crore (at the upper cap).

Financials and Valuation

CIL has demonstrated steady financial growth. Its consolidated revenues rose from INR 69.63 crore in FY22 to INR 100.39 crore in FY24, with net profits improving from INR 15.84 crore to INR 25.99 crore in the same period. For H1 FY25, it reported a INR 13.67 crore net profit on revenues of INR 51.64 crore.

The IPO is priced at a P/E ratio of 24.72x FY24 earnings, appearing fully valued relative to its peers like InfoBeans Techno (P/E 28.5) and Silver Touch Techno (P/E 45.8).

Investment Considerations

While CIL’s robust growth and profitability make it an attractive proposition, it operates in a highly competitive and fragmented market that may pressure margins. Investors with a medium- to long-term outlook could consider moderate exposure, weighing the company’s strengths against sector dynamics and pricing.

There’s no better time to take advantage of InvestingPro. During the New Year Sale, you can subscribe to InvestingPro at up to 50% off, gaining access to features that could redefine your investment journey.

New Year Sale

Read More: ProPicks AI: Strategies with Over 1,000% Returns are Finally Here!

X (formerly, Twitter) - Aayush Khanna

LinkedIn - Aayush Khanna

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.