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

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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%.