Capillary Technologies To File DRHP For $200 Mn IPO By June

IPO and is likely to file the draft papers for a $200 Mn (INR 1,700 Cr) public offering by June this year

The startup’s fresh IPO bid would see it looking to raise $12 Mn to $24 Mn through a fresh issue of shares

The startup is likely to seek a valuation of at least $500 Mn and this number may go up to $1 Bn

Capillary Technologies has restarted the preparations for its IPO and is likely to file the draft papers for a $200 Mn (INR 1,700 Cr) public offering by June this year, sources told Inc42.

The IPO size would be…