CRISIL monitoring agency report on IPO proceeds for quarter ended September 30, 2026
Capillary Technologies India has submitted CRISIL Ratings' monitoring agency report for the quarter and half year ended September 30, 2026, on the use of its IPO proceeds.
By ScoutQuest · · 2 min read
- Issue Size
- Rs 3,450.00 million
- Issue Expenses / Net Proceeds
- Issue expenses Rs 220.92 million; net proceeds Rs 3,229.08 million
- Deviation from Objects
- Not applicable; range of deviation: Not applicable
Monitoring agency report on IPO proceeds
Capillary Technologies India has shared with the exchanges the monitoring agency report prepared by CRISIL Ratings Limited for the quarter and half year ended September 30, 2026. A monitoring agency is appointed to track how the money raised in an Initial Public Offer (IPO) is actually used, compared with what the company had said it would use it for. This update is that periodic report being placed on record.
What the report says
- Deviation from the objects: Not applicable
- Range of deviation: Not applicable
The two lines above are the core of the report. In simple terms, they indicate that the monitoring agency has not flagged any deviation from the stated objects of the issue for the period covered.
Issue size and how the proceeds split
- Issue size: Rs 3,450.00 million
- Gross proceeds: 3,450.00 (Rs. in million)
- Less: Issue expenses: 220.92 (Rs. in million)
- Net proceeds: 3,229.08 (Rs. in million)
The report notes that CRISIL Ratings is monitoring the gross proceeds.
The issue itself
- Type of issue: Initial Public Offer (IPO)
- Type of specified securities: Equity Shares
- Issue period: Friday, November 14, 2025, to Tuesday, November 18, 2025
- Industry/sector: Software Products
- Promoters named: Mr. Aneesh Reddy Boddu and Capillary Technologies International Pte Ltd
- IPO grading: NA
Process notes
- The report is dated November 02, 2026, and is signed by Shounak Chakravarty, Director, Ratings (LCG), for and on behalf of Crisil Ratings Limited.
- The company's update states that the report was reviewed by the Audit Committee of the Company at its meeting held on November 02, 2026.
- The report states that it gives an objective view of utilisation of the issue proceeds based on information provided by the issuer and from sources believed to be accurate and reliable, and that the monitoring agency does not perform an audit or independent verification of the information it receives.
How to read this
For a retail investor, a monitoring agency report is a check-in on whether IPO money is going where the company said it would. Here, the report records no deviation from the objects of the issue for the period. The figures above let you see the scale involved: an issue of Rs 3,450.00 million, with Rs 220.92 million of issue expenses and Rs 3,229.08 million of net proceeds.
Also from Capillary Technologies India
Allotment of 94,553 equity shares under ESOP Plan 2021
4 Nov 2026
Capillary Technologies files audio recording of November 02, 2026 earnings conference call with analysts
2 Nov 2026
Internal auditor changed: Deloitte Touche Tohmatsu India LLP replaces Protiviti India Member Private Limited
2 Nov 2026
More numbers
- Issue sizeRs 3,450.00 million
- Gross proceeds3,450.00
- Less: Issue expenses220.92
- Net proceeds3,229.08
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