Capital Numbers Infotech made a strong debut on the stock exchange on Monday, listing at a 4% premium. The shares opened at ₹274, reflecting a premium of 4.18% over its issue price, following a successful IPO subscription.
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The company raised ₹169.37 crore through its SME IPO, which saw an overwhelming response from investors. The issue, open from January 20-22, was subscribed 125.05 times, underscoring strong demand for the software development solutions provider’s maiden public offering.
CapitalNumbers Infotech Ltd specializes in digital consulting and IT engineering, providing end-to-end software development solutions to enterprises and startups globally. With over 500 professionals, the company offers services in Digital Engineering, AI/ML, Data Analytics, Cloud Engineering, UI/UX Design, Blockchain, and AR/VR, serving 250+ clients worldwide.
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The objective of Capital Numbers Infotech’s IPO is to raise ₹169.37 crore to support business expansion, enhance software development capabilities, and meet working capital requirements, enabling the company to scale operations and serve a growing global client base.
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