Capillary Technologies, a Bengaluru-based SaaS firm, has received approval from SEBI for its ₹430 crore IPO. The offering includes a fresh issue of shares and an offer for sale of 1.83 crore shares by existing investors. Proceeds will fund cloud infrastructure, R&D, acquisitions, and corporate needs. The company posted a ₹14.1 crore profit in FY25.