Primus In News
Capillary Technologies IPO subscribed 52% on Day 2, retail portion fully booked: Check latest GMP
17-11-2025
Shravan Shetty, Managing Director, Primus Partners highlighted that Capillary Technologies’ IPO is priced much higher than comparable SaaS companies, making its current valuation difficult to justify. He emphasized that while the company has shown signs of recovery, its return on net worth still trails its peers. To support such a premium valuation, Capillary would need to significantly scale its business and improve operational efficiency to boost profitability.
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