Capital Numbers Infotech Limited is a digital consulting and IT engineering firm that specializes in providing comprehensive software development solutions to businesses and startups globally. CapitalNumbers Infotech IPO is a book built issue of Rs 169.37 crores and is a combination of fresh issue aggregating to Rs 84.69 crores and offer for sale aggregating to Rs 84.69 crores.
IPO opens
January 20, 2025
IPO Closes
January 22, 2025
IPO Size (Rs.)
₹169.37 Cr
Breakup
Fresh issue ₹ 84.69 Cr + OFS ₹ 84.69 Cr
Face Value:
₹ 10
IPO Price in Rs :
₹250 to ₹263 per share
Minimum Lot
400 Shares
Listing At
NSE SME
QIB Quota
~50%
NII Quota
~15%
Retail Quota
~35%
Lead Manager
GYR Capital Advisors Private Limited
Registrar
Link Intime India Private Ltd
Market maker
Giriraj Stock Broking Private Limited
About: CapitalNumbers Infotech
Capital Numbers Infotech Limited is a digital consulting and IT engineering firm that specializes in providing comprehensive software development solutions to businesses and startups globally.
Established in 2012, the company has grown to employ over 500 professionals and serves more than 250 clients worldwide from its various locations in India.
Its service offerings encompass a wide array of advanced technologies, including digital engineering, data analytics, artificial intelligence (AI), cloud engineering, user interface/user experience (UI/UX) design, and blockchain technology.
Capital Numbers Infotech operates several development centers and facilities designed to support its software development and IT services. Here are the key locations:
Development Centers
Kolkata: This center features an open and collaborative workspace aimed at enhancing productivity and fostering creativity among teams.
Gurugram,
Global Presence: Capital Numbers also maintains offices in international locations.
San Francisco, USA
Amsterdam, Netherlands
Hervik, Norway
Financials: CapitalNumbers Infotech IPO
Particulars/ (₹ in Lakhs)
Sep-24
Fiscal 2024
Fiscal 2023
Fiscal 2022
Revenue from Operations
5,018.73
9,817.21
9,257.23
6,907.18
Other Income
145.41
221.59
40.87
56.05
Total Income
5,164.14
10,038.80
9,298.10
6,963.23
EBITDA
1,882.85
3,641.33
2,527.13
2,267.41
EBITDA Margin (%)
36.46
36.27
27.18
32.56
Profit After Tax (₹ in Lakhs)
1,367.04
2,598.88
1,735.28
1,583.82
Post issue Share Capital
2,443
FV
10
IPO price
263
EPS Fy24
10.64
PE
24.72
EPS Fy25 (annualized)
11.19
PE (annualized)
23.50
Market cap in cr.
64251
Market cap / Sales
6.54
Anchors: CapitalNumbers Infotech IPO
CapitalNumbers Infotech IPO: Salient Points
Use of Net proceeds :
Particulars
Estimated Amount (₹ in Lakhs)
Technical Advancement of Leading-edge Technology
Up to 1782.00
Increase in Spending on Business Developments
Up to 1500.00
Investment in Subsidiary
Up to 500.00
Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
Less than 35% of the Gross Proceeds.
Capital Numbers Infotech Limited has a diverse client base, having served more than 1,000 clients globally over the years. As of September 30, 2024, the company had over 250 active clients. The company’s clients span various sectors and geographies.
The company serves clients located in the United States of America and the United Kingdom. A significant portion of their revenue has historically come from these regions.
The majority of the company’s revenue comes from clients in the United States (50%) and the United Kingdom (19%)4. The remaining portion (30%) comes from the rest of the world.
Revenue Bifurcation by segment:
Customer Industry Group
Sep-24
Fiscal 2024
Fiscal 2023
Fiscal 2022
Professional Services
27.67%
28.88%
30.10%
38.83%
Platforms & Software Products
21.07%
22.90%
22.83%
20.77%
Banking & Financial Services
15.00%
14.85%
14.27%
11.61%
Healthcare & Wellness
7.98%
6.79%
5.48%
4.37%
They have a team of over 500 IT professionals and consultants ii. Serving more than 250 clients worldwide and also having delivery capabilities across various locations in India.
Clients
Capital Numbers Infotech offers a diverse range of services in digital consulting and IT engineering, focusing on delivering tailored software development solutions.
Peers:
Companies
Revenue cr.
EBITDA Margins
PAT Margins
P/E
Mcap/sales
CapitalNumbers Infotech
98.17
36.27%
26%
24.72
6.54
Silver Touch
224
12.9 %
7.09 %
45.2
3.28
InfoBeans
381
16.4 %
9.23 %
29
2.67
PE FY25 (annualized) 18x ; PE Fy24: 17.15x.
I intend to apply in CapitalNumbers InfotechIPO. Not priced cheap, but has been a consistent and steady performer. Looks to be well positioned in the growing digital transformation market. Anchor response has been quite good.
GMP as reported on social media is Ra. 140 (53.2%).
Lead Manager has excellent record.
Market maker also has a good record.
SME IPOs are quite volatile and new retail investors need to exercise considerable caution in my view.
This post is exploratory and educational purposes only. Please do your own diligence before investing in SME IPOs like this.
Standard disclaimer: I am not a SEBI registered analyst and above analysis is for educational purpose only. Iam a postgraduate in engineering & Management . I have in the past cleared some exams like NISM-Series-V-A: Mutual Fund Distributors Certification, NISM-Series-X-A: Investment Adviser (Level 1) Certification and NISM-Series-X-B: Investment Adviser (Level 2) Examination. This post is my view on the subject matter and is only academic and exploratory in nature. It is not meant to influence investment decisions of investors. I may have bias/vested interest in covered Stock/Mutual Funds/NCD etc. due to my own investment or leaning. Further my understanding of the areas on which I write may be imperfect or incomplete and data could be wrong due to limited time and resources at my disposal. Do check the data from company’s RHP and exchanges before making any decision. Please do your own due diligence as stock market/MF investments have high degree of inherent risk.
