diff --git a/subgraph/package.json b/subgraph/package.json
index 55a2d535..a75abf8e 100644
--- a/subgraph/package.json
+++ b/subgraph/package.json
@@ -8,7 +8,7 @@
     "build:sepolia": "graph codegen && graph build --network sepolia",
     "build:mainnet": "graph codegen && graph build --network mainnet",
     "deploy:local": "graph deploy --node http://localhost:8020/ --ipfs http://localhost:5001 moleculeprotocol/ipnft-subgraph",
-    "deploy:sepolia": "env-cmd -x -f ../.env graph deploy ip-nft-sepolia --version-label 1.1.0 --node https://subgraphs.alchemy.com/api/subgraphs/deploy --ipfs https://ipfs.satsuma.xyz --deploy-key \\$SATSUMA_DEPLOY_KEY",
+    "deploy:sepolia": "env-cmd -x -f ../.env graph deploy ip-nft-sepolia --version-label 1.1.1 --node https://subgraphs.alchemy.com/api/subgraphs/deploy --ipfs https://ipfs.satsuma.xyz --deploy-key \\$SATSUMA_DEPLOY_KEY",
     "deploy:mainnet": "env-cmd -x -f ../.env graph deploy ip-nft-mainnet --version-label 1.0.0 --node https://subgraphs.alchemy.com/api/subgraphs/deploy --ipfs https://ipfs.satsuma.xyz --deploy-key \\$SATSUMA_DEPLOY_KEY",
     "create:local": "graph create --node http://localhost:8020/ moleculeprotocol/ipnft-subgraph",
     "remove:local": "graph remove --node http://localhost:8020/ moleculeprotocol/ipnft-subgraph",
diff --git a/subgraph/schema.graphql b/subgraph/schema.graphql
index f11b8ca7..9501460b 100644
--- a/subgraph/schema.graphql
+++ b/subgraph/schema.graphql
@@ -19,6 +19,7 @@ type IPT @entity {
   # these will be updated by the underlying IPT subgraph template
   totalIssued: BigInt! #the highest amount of IPTs issued, this can be raised by the owner
   circulatingSupply: BigInt! #the amount of unburnt IPTs
+  capped: Boolean! #whether the IPT is capped
   #   paymentToken: Bytes #address ERC20 Token
   #   paidPrice: BigInt #the price paid for the original ipnft
   #   claimedShares: BigInt! # the amount of shares that have already been claimed. This needs to have a fulfilledListingId to be set
diff --git a/subgraph/src/iptMapping.ts b/subgraph/src/iptMapping.ts
index eb35258f..37efb185 100644
--- a/subgraph/src/iptMapping.ts
+++ b/subgraph/src/iptMapping.ts
@@ -1,6 +1,6 @@
 import { Address, BigInt, log } from '@graphprotocol/graph-ts'
 import { IPT, IPTBalance } from '../generated/schema'
-import { Transfer as TransferEvent } from '../generated/templates/IPToken/IPToken'
+import { Transfer as TransferEvent, Capped as CappedEvent } from '../generated/templates/IPToken/IPToken'
 
 function createOrUpdateBalances(
   owner: Address,
@@ -21,6 +21,16 @@ function createOrUpdateBalances(
   balance.save()
 }
 
+export function handleCapped(event: CappedEvent): void {
+  let ipt = IPT.load(event.address.toHexString())
+  if (!ipt) {
+    log.error('[IPT] Ipnft not found for id: {}', [event.address.toHexString()])
+    return
+  }
+  ipt.capped = true
+  ipt.save()
+}
+
 export function handleTransfer(event: TransferEvent): void {
   let from = event.params.from
   let to = event.params.to
diff --git a/subgraph/src/tokenizerMapping.ts b/subgraph/src/tokenizerMapping.ts
index bb8c2223..9e24f1f3 100644
--- a/subgraph/src/tokenizerMapping.ts
+++ b/subgraph/src/tokenizerMapping.ts
@@ -19,6 +19,7 @@ export function handleIPTsCreated(event: TokensCreatedEvent): void {
   //these will be updated by the underlying IPT subgraph template
   ipt.totalIssued = BigInt.fromU32(0)
   ipt.circulatingSupply = BigInt.fromU32(0)
+  ipt.capped = false;
   IPToken.create(event.params.tokenContract)
 
   ipt.save()