Capital Numbers Infotech Limited is preparing to launch its initial public offering (IPO) from January 20 to January 22, 2025, with a target to raise approximately ₹169.37 crores. The IPO will consist of both a fresh issue and an offer for sale, each amounting to ₹84.69 crores, with shares priced between ₹250 and ₹263. Founded in 2012, the company specializes in digital consulting and IT engineering services, including software development, data analytics, and advanced technologies like AI and blockchain. The funds raised will be allocated towards technological advancements and expanding operational capabilities.
₹40
₹263
₹274
Expert Opinions
Market sentiment for the Capital Numbers Infotech IPO is positive, driven by the increasing demand for digital consulting and IT services, particularly as businesses seek to leverage technology for growth. Capital Numbers Infotech has established a strong reputation in the industry, showcasing steady revenue growth from ₹92.98 crores in FY2023 to ₹100.39 crores in FY2024, alongside a significant profit increase of 50% to ₹26 crores.
However, potential risks include intense competition in the IT services sector and the need for continuous innovation to meet evolving client demands. Valuation Analysis, With a projected EPS of ₹8.40 for FY2024, the P/E ratio at the upper price band reflects a competitive valuation within the SME IT sector. An estimated RoNW of 18.7% further signals strong management and operational efficiency, boosting investor confidence in profitability. From a long-term investment perspective, Capital Numbers Infotech is well-positioned to capitalize on the growing technology landscape.
Investor Considerations
Investors considering the Capital Numbers Infotech IPO should evaluate several crucial aspects. Company performance and fundamentals indicate strong growth, with revenues rising from ₹92.98 crores in FY2023 to ₹100.39 crores in FY2024, alongside a profit increase from ₹17.35 crores to ₹25.99 crores, showcasing effective operational management. The sector outlook is favorable, as the IT services market is expected to grow significantly, driven by rising demand for digital transformation, AI, and cloud solutions.
The IPO valuation, priced between ₹250 and ₹263 per share, suggests a competitive entry point with a projected earnings per share (EPS) of ₹12.25. Growth prospects remain robust as Capital Numbers plans to expand its service offerings and enhance technological capabilities. However, potential risk factors include reliance on key markets like the US and UK and the impact of foreign exchange fluctuations. A long-term investment horizon is advisable as the company seeks to capitalize on favorable trends in the IT sector.
| Date | GMP | Trend |
|---|---|---|
| 25 Jan 2025 11.36 | ₹40 | --- |
| 24 Jan 2025 19.00 | ₹40 | Down |
| 23 Jan 2025 18.12 | ₹60 | Down |
| 22 Jan 2025 11.08 | ₹115 | Down |
| 21 Jan 2025 11.10 | ₹140 | Up |
| 20 Jan 2025 11.53 | ₹130 | Up |
| 18 Jan 2025 11.32 | ₹110 | Up |
| 17 Jan 2025 11.29 | ₹90 | Up |
| 16 Jan 2025 16.34 | ₹70 | Up |
| 15 Jan 2025 12.53 | ₹50 | --- |
FAQs
The Grey Market Premium showed moderate accuracy in predicting Capital Numbers Infotech’s listing performance. While the GMP of ₹40 predicted a premium of 15.21% over the issue price, the stock delivered a much more modest gain of 4.18%. With a prediction error of 9.57%, the GMP correctly predicted the positive listing direction but significantly overestimated the magnitude of gains.
Capital Numbers Infotech IPO Current GMP is ₹40.
Capital Numbers Infotech IPO Expected Returns is 15.21%.
Capital Numbers Infotech IPO estimated listing price is ₹303.