Capillary Technologies’ IPO anchor book will open on November 13 for a day, while the public issue will be open for investors from November 14 to 18. The company will finalise share allotments on November 19, and its shares are expected to begin trading on the BSE and NSE on November 21.
Capillary said the deal will help it grow globally and strengthen its presence in North America. The acquisition is part of its plan to expand through mergers and acquisitions.
Two of Capillary Technologies' top leaders, chief operating officer Anant Choubey and Chief Customer officer Sridhar Bollam, have been promoted to cofounders of the United States division of the company.
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