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Capillary Technologies Cuts IPO Size on Strong Cash Flow

Capillary Technologies Cuts IPO Size on Strong Cash Flow
Capillary Technologies, a customer loyalty SaaS firm, has reduced the size of its initial public offering (IPO) to approximately ₹878 crore. CEO Aneesh Reddy confirmed the cut, stating the company does not need to raise as much capital due to sufficient free cash flows, with ₹55 crore generated in the first half.

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