Capital Numbers Infotech Limited is set to launch its Small and medium enterprise(SME) IPO on 20th January, 2025 at the Bombay Stock Exchange (SME) for a price-band of Rs.250 - 263 per share.
It offers an Issue size of 64,40,000 equity shares of face value of Rs. 10, a fresh issue of up to 32,20,000 equity shares and offer for sale up to 32,20,000 equity shares.
The IT engineering company Capital Infotech Limited was founded in 2012 and provides end-to-end software development solutions to startups and businesses worldwide.
The company operates with over 500 plus IT professionals and aims to provide strategically viable, futuristic and transformation digital solutions to clients from all across the world.
Details Of The Upcoming Capital Numbers Infotech Limited IPO?
- Issue Size: The issue size is 64,40,000 equity shares of face value of Rs. 10
- Price Range:The range of prices for each equity share is Rs. 250 to Rs. 263.
- Issue Type: The IPO book built issue type.
- Listing Date: The IPO subscription begins from 20th January, 2025 and ends on 22st January, 2025.
- Stock Exchange: The IPO is going to be listed on BSE (SME).
Objectives of the Capital Numbers Infotech Limited IPO
The main objective of the IPO is to utilize the net proceeds to upgrade its technical advancement of leading-edge technology, meet capital expenditure requirements to expand its corporate strategic initiatives and business developments and invest in subsidiaries.
Also Learn: What is an IPO?
Financial Performance of Capital Numbers Infotech Limited
The table below summarises the financial performance of Capital Numbers Infotech Limited
Amount is in ₹ Lakhs
Particulars | 30.09.2024 | 31.03.2024 | 31.03.2023 | 31.03. 2022 |
Share Capital | 2,120.70 | 2,120.70 | 10.84 | 10.84 |
Net Worth | 8,114.00 | 6,744.95 | 5,996.12 | 4,251.23 |
Revenue from operations | 5,018.73 | 9,817.21 | 9,257.23 | 6,907.18 |
Profit after Tax | 1,367.04 | 2,598.88 | 1,735.28 | 1,583.82 |
Industry Outlook
India is set to undergo an IT revolution in the coming years with the government strongly focusing and investing in the Information and technology and the Business process management sector. The IT industry contributed 7% to India’s GDP as of 2024.
With drastic developments in the field of Artificial Intelligence, disruptive technological developments etc that are being implemented in almost all business and government modules, The IT and BPM have become an important growth catalyst that contributes a considerable amount of share towards India’s GDP and is projected to grow in India and hit US$ 350 billion mark by 2026 and contribute 10% towards the country’s GDP.
This sector is also a major contributor towards the IT and BPM exports adding strongly towards India’s growth.
Strengths and Risks of the Capital Numbers Infotech Limited IPO
Strength
Weakness
IPO Subscription Details
With an issue size of 64,40,000 Equity Share, fresh issue size of 32,20,000 and with an offer for sale for approximately 32,20,000 Equity Shares, The IPO opens for a price range between Rs. 250 - to Rs. 263 per-share.
The bidding begins from January 20th , 2025 and ends on January 22nd , 2025 and is set to list on BSE (SME) on 27.01.2025.
Expert Recommendations:
The company is in digital consulting and IT engineering business for more than 10 years and is chiefly promoted by Mr. Mukul Gupta, who has been prominently recognized as a promising entrepreneur in this field of business.
The IT industry is growing and is projected to grow more as India is set to undergo IT revolution over the coming years.
The IPO also has a high risk factor as many competition in this industry is emerging and prospective investors should carefully compare these aspects given in the RHP prospectus before investing.
Key Takeaways
The company through this IPO seeks to utilize the net proceeds to upgrade its Technical Advancement of Leading-edge Technology, meet capital expenditure to expand its corporate strategic initiatives and business developments and invest in subsidiaries.
The company has shown adequate profits in the past years and the IT and BMP industry in India is projected to hit US$ 350 billion mark by 2026 and contribute 10% towards the its GDP. Prospective investors should analyze the risk and compare the aspects given in the DRHP draft before investing.
FAQ:
1. When is the Capital Numbers Infotech limited being listed?
Capital Numbers Infotech Limited will be listed on 27.01.2025.
2. Is the IPO of Capital Numbers Infotech limited fairly priced?
The price band is set between Rs. 250 - Rs. 263 per share which seems to be priced moderately.
3. Where else we can get more information about the Capital Numbers Infotech limited IPO?
You can get more information about the IPO on the BSE website and at following places.
For more information; Visit to
1. https://www.ibef.org/industry/information-technology-india
2. https://www.capitalnumbers.com/
Also Read: EMA Partners India Limited IPO Review