CapitalNumbers Infotech Lists at 4% Premium, Demonstrates Strong Investor Interest on BSE SME

CapitalNumbers Infotech Limited, a digital consulting and IT engineering services provider, made its public market debut on Monday, January 27, 2025. The company, known for offering comprehensive software development solutions to businesses and startups globally, began trading on the BSE SME platform with significant enthusiasm from investors.

Listing Details

CapitalNumbers Infotech’s listing on the BSE SME platform reflected robust investor interest and confidence in the company’s potential:

• Listing Time & Price: The CapitalNumbers Infotech shares debuted at ₹274, delivering a 4.18% premium over the upper IPO price band of ₹263.
• Issue Price Context: The IPO, priced between ₹250 and ₹263 per share, successfully raised ₹169.37 crore, balancing accessibility for retail investors with fair valuation.
• Price Evolution: By mid-morning trading, the stock had stabilized around its listing price, reflecting steady investor confidence in the company’s digital services model.

First-Day Trading Performance 

The company’s shares displayed consistent trading volumes and solid investor participation:

• Volume and Value: A total of 15.35 lakh shares were traded on the listing day, generating a turnover of ₹41.95 crore.
• Demand Dynamics: The stock saw 100% deliverable quantities, indicating that trades were driven by investment interest rather than speculation.

Market Sentiment and Analysis

The IPO garnered strong interest from institutional and retail investors:

• Subscription Rate: The IPO was oversubscribed by 134.62 times, with the retail portion oversubscribed 71.99 times and NII (HNI) portion by a staggering 297.32 times.
• Anchor Investors: Institutional investors demonstrated significant confidence, contributing ₹48.19 crore via anchor allotments.

Growth Drivers and Challenges

Expected drivers of future performance:

• Established reputation in IT engineering and digital consulting.
• Diverse customer base with over 1,000 clients worldwide.
• Scalable business model supported by steady revenue streams.
• Focus on cutting-edge technologies such as AI, Blockchain, and AR/VR.

Potential challenges:

• Competitive and fragmented industry landscape.
• Margins under pressure due to pricing competition.
• Significant investment required for technological advancements and acquisitions.

Utilisation of IPO Proceeds 

The funds raised through the IPO will be utilized to:

• Enhance technical capabilities with leading-edge technology investments.
• Fund business development and strategic initiatives.
• Invest in subsidiary operations to drive growth.
• Finance acquisitions for inorganic growth opportunities.
• Meet general corporate purposes and achieve listing benefits.

CapitalNumbers Infotech Financial Performance 

CapitalNumbers Infotech has demonstrated consistent growth in its financial metrics:

• Revenue for FY2024 stood at ₹1,003.88 crore, up from ₹929.81 crore in FY2023.
• Profit After Tax (PAT) increased to ₹259.88 crore in FY2024 from ₹173.52 crore in FY2023.
• As of September 2024, the company reported ₹136.70 crore in PAT for H1 FY2025.

As CapitalNumbers Infotech Limited enters the public markets, its strong listing underscores investor confidence in its business model and growth trajectory. The company's focus on high-growth technologies and diversified services positions it well for sustained performance. Market participants will closely monitor its ability to capitalize on its strengths while navigating challenges in a competitive industry.