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
- 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.
- 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:
- The company aims to allocate funds towards advancing cutting-edge technology to stay ahead in the competitive market.
- A portion of the proceeds will be used to boost spending on expanding business operations and reaching new markets.
- Funds will be directed towards strengthening and expanding the company’s subsidiary, fostering overall growth.
- The company plans to use proceeds for strategic acquisitions and other growth initiatives to fuel long-term expansion.
- 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:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
How To Apply for CapitalNumbers Infotech IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the CapitalNumbers Infotech IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- 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 |
|
Anchor Investor Shares |
18,32,400 (28.45%) |
|
Market Maker Shares |
3,30,000 (5.12%) |
|
QIB Shares |
12,22,000 (18.98%) |
|
NII (HNI) Shares |
9,16,800 (14.24%) |
|
Retail Shares |
21,38,800 (33.21%) |
CapitalNumbers Infotech IPO Anchor Investors Details
|
Bid Date |
January 17, 2025 |
|
Shares Offered |
18,32,400 |
|
Anchor Portion Size (In ₹ crore) |
48.19 |
|
Anchor lock-in period end date for 50% shares (30 Days) |
February 22, 2025 |
|
Anchor lock-in period end date for remaining shares (90 Days) |
April 23, 2025 |
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 Margin26.47 |
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
- Contact Number:+91-22-4918 6270
- Email Address: capitalnumbers.smeipo@linkintime.co.in
CapitalNumbers InfotechIPO Registrar
Financial Performance of CapitalNumbers Infotech Limited
| Particulars | Year ending on March 31, 2024 | Year ending on March 31, 2023 |
|---|---|---|
| Revenue from Operation (in ₹ lakh) | 9,817.21 | 9,257.23 |
| Profit After Tax (PAT) (in ₹ lakh) | 2,577.53 | 1,745.32 |
| EBITDA (in ₹ lakh) | 3,641.33 | 2,527.13 |
| Net Worth (in ₹ lakh) | 6,744.95 | 5,996.12 |
| Return on Net Worth (%) | 38.62 | 29.10 |
| Current Ratio (x) | 18.16 | 9.26 |
| Total borrowings (in ₹ lakh) | - | 107.13 |
| Debt-Equity ratio (x) | 0.00 | 0.02 |
Know before investing
Strengths
8Strong customer relationships drive revenue growth and client satisfaction globally.
Scalable business model backed by a diverse and expanding clientele.
100% revenue from export sales ensures a strong global presence.
Experienced leadership with a decade-long track record of industry success.
Diverse revenue streams from various industrial verticals fuel growth.
Solid financial position with ₹914.04 lakh cash balance as of September 2024.
New sales office in the Netherlands boosts European expansion opportunities.
Focus on operational efficiency and resource utilisation to maximise client value.
Risks
8Heavy reliance on US and UK markets makes CapitalNumbers vulnerable to adverse developments.
Foreign exchange fluctuations may negatively impact results due to significant overseas revenue.
Technological obsolescence could hurt business if new services aren't developed timely.
High employee turnover in India's competitive labour market may impact performance.
CapitalNumbers won't benefit from proceeds of the Offer for Sale.
Difficulty in obtaining or renewing necessary licenses could hinder operations.
Inadequate protection of intellectual property may lead to loss of market position.
Failure to address regulatory changes could increase compliance costs and penalties.
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 |
