India, Nov. 11 -- Bengaluru-based SaaS company Capillary Technologies has set the price band for its IPO at INR 549 to INR 577 per share.

At the upper end of the price band, the IPO values the company at about INR 4,576 Cr (about (about $515 Mn).

The IPO comprises a fresh issue of INR 345 Cr and an offer-for-sale (OFS) component of up to 92.29 Lakh shares. At INR 577 per share, the total size of the issue would be around INR 877 Cr.

The public issue will open for subscription on November 14 and close on November 18. Anchor bidding will take place on November 13, while the company's shares are expected to list on the exchanges on November 18.

Promoter Capillary Technologies International Pte Ltd will offload 85.41 Lakh shares via the O...