Capillary Technologies IPO subscribed 1.4x on Day 3; GMP hints modest listing pop. Should you apply?

Capillary Technologies' Rs 877 crore IPO saw steady demand on its final day, with overall subscription reaching 1.40 times. The retail and non-institutional investor portions were oversubscribed, while QIBs had subscribed 31% of their quota. Grey market premium suggests a modest listing gain of around 5%.