You can do this via intercepting the link using javascript Darin has posted an example of this.
However, it looks like you're trying to submit some values using an ActionLink, and you're probably better off creating a viewmodel which holds all the values you want, and then posting everything using a submit button. This allows you to post more data than just the ID, prevents you from being dependent on Javascript, and keeps all of the code server side instead of mixing and matching.
Judging by the small code you've posted - you already have a model, probably some strongly typed entity, and it has a property called Capsules.
In your controller, create the view model which holds the view's data:
public class YourViewModel
{
YourModel YourModel { get; set; }
public int CapsuleId { get; set; }
}
Then your view:
@using( @Html.BeginForm( "Create", "Process" ) )
{
@Html.DropDownListFor(m=> m.CapsuleId, new SelectList(Model.YourModel.Capsules, "pk", "name", "pk"))
<input type="submit">
}
Then your controller action to handle this:
[HttpPost]
public ActionResult Create( YourViewModel model )
{
var id = model.CapsuleId;
// do what you're going to do with the id
return View();
}