ENA MSME 2025-01-27 14:39:21 <p><span style="font-size:14px"><strong>New Delhi, Jan 27 (KNN)</strong> Capital Numbers Infotech made its market debut on Monday, listing at Rs 274 per share on the BSE SME platform, marking a modest premium of 4.18 percent above its issue price.</span></p> <p><span style="font-size:14px">The software development solutions provider, which caters to businesses and start-ups, saw its shares commence trading following a successful initial public offering (IPO).</span></p> <p><span style="font-size:14px">The company's maiden public issue, which sought to raise Rs 169.37 crore, garnered substantial investor interest during its subscription period from January 20-22. The offering witnessed remarkable demand, closing with an oversubscription of 125.05 times on the final day.</span></p> <p><span style="font-size:14px">The IPO was structured with equal components of Rs 84.69 crore each for fresh issue and offer-for-sale, with shares priced in the band of Rs 250-263.</span></p> <p><span style="font-size:14px">Prior to the public listing, Capital Numbers Infotech had successfully secured Rs 48.19 crore from institutional investors through an anchor book offering of 18.32 lakh shares on January 17.</span></p> <p><span style="font-size:14px">The company has outlined specific plans for the utilisation of fresh issue proceeds, primarily focusing on technical advancement of leading-edge technology, business development initiatives, subsidiary investments, and inorganic growth opportunities.</span></p> <p><span style="font-size:14px">The funds raised through the offer-for-sale portion will be directed to the promoters and selling shareholders.</span></p> <p><span style="font-size:14px">This market debut represents a significant milestone for the digital consulting and IT engineering services provider, reflecting investor confidence in the company's business model and growth prospects.</span></p> <p><span style="font-size:14px">The successful listing adds Capital Numbers Infotech to the roster of technology companies that have recently accessed public markets to fuel their expansion plans.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 40804 https://knnindia.co.in/news/newsdetails/msme/capital-numbers-infotech-debuts-on-bse-sme-platform-with-4-pc-premium 2025-01-27 14:39:21 knnindia.co.in