Hexaware Technologies IPO Details
The Hexaware Technologies IPO is a book build issue with a total issue size of ₹8750 cr, and a offer for sale of 123587570 equity shares. Hexaware Technologies IPO opened for subscription on Feb 12, 2025 and closed on Feb 14, 2025. Hexaware Technologies IPO is set price band at ₹674 to ₹708 per share, with a lot size of 21 shares. Minimum investment for Retail investors was ₹14,868.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Feb 17, 2025, and listed on both the NSE and BSE on Feb 19, 2025.
Kfin Technologies Limited has been appointed as the registrar. Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited, Kotak Mahindra Capital Company Limited, Hsbc Securities & Capital Markets Pvt Ltd and IIFL Capital Services Limited are the Book Running Lead Manager for the issue.
Before investing in the Hexaware Technologies IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 674 – 708
- Lot Size
- 21
- Issue Size
- ₹8750 Cr
- Minimum Investment
- ₹14868 (21 Shares)
- Listing Date
- 19 February 2025
Current GMP
₹1 (+0.14%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Hexaware Technologies Limited
Hexaware Technologies Limited is a global digital and technology services company with a strong focus on artificial intelligence (AI). It helps clients in their digital transformation by embedding AI into solutions through a range of platforms and tools. Hexaware operates in six industries: Financial Services, Healthcare and Insurance, Manufacturing and Consumer, Hi-Tech and Professional Services, Banking, and Travel and Transportation. The company offers five key services: Design & Build, Secure & Run, Data & AI, Optimize, and Cloud Services.
Their service delivery is enhanced by AI-enabled digital platforms such as RapidX™ for digital transformation, Tensai® for AI-powered automation, and Amaze® for cloud adoption. The company serves clients globally, including 31 of the Fortune 500 organizations across the Americas, Europe, and the Asia-Pacific regions.
Notably, Hexaware has significant clients such as top global asset management firms, life sciences firms, global insurers, manufacturing organizations, and major retail and tech companies. Their customer-focused approach is reflected in their impressive Net Promoter Score (NPS) of 72 in 2024, which is significantly higher than the industry median of 42.
Hexaware has a global delivery network with 39 delivery centers and 16 offices worldwide, supporting a workforce of over 32,000 employees across 28 countries. The company has been growing rapidly, with a revenue exceeding $1 billion for two consecutive years. Their revenue has grown at a compound annual growth rate (CAGR) of 13.7% from 2021 to 2023. Recognized as the fastest-growing brand among top IT services companies, Hexaware's evolving business strategy has included shifts toward automation, cloud services, and an AI-first approach.
The company has built its reputation through a blend of innovation, customer relationships, and a diverse portfolio, driving its growth in the competitive global IT services market.
Hexaware Technologies IPO Promoters
- CA Magnum Holdings
Promoters Holding
Holding Pre Issue
95.03%
Holding Post Issue
74.70%
Hexaware Technologies IPO Objective
The Company will not receive any proceeds from the Offer for Sale
Address / Contact Info
Hexaware Technologies Limited
152, Millennium Business Park,
Sector III, ‘A’ Block, TTC
Industrial Area, Mahape,
Navi Mumbai - 400710
Maharashtra
Phone: +91 223326 8585
Email: investori@hexaware.com
Website: http://www.hexaware.com/
IPO Snapshot
Book Running Lead Managers
- Citigroup Global Markets India Private Limited
- J.P. Morgan India Private Limited
- Kotak Mahindra Capital Company Limited
- Hsbc Securities & Capital Markets Pvt Ltd
- IIFL Capital Services Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Hexaware Technologies IPO is a Book-building IPO with a total issue size of ₹8750 crore. The Hexaware Technologies IPO price band is ₹674 to 708 per share. The Hexaware Technologies IPO subscription opens on Wed, Feb 12, 2025, and closes on Fri, Feb 14, 2025. The Hexaware Technologies IPO will be listed on the BSE,NSE. Kfin Technologies Limited is the registrar for the Hexaware Technologies IPO.
The Hexaware Technologies IPO opens on Wed, Feb 12, 2025 and closes on Fri, Feb 14, 2025
Hexaware Technologies IPO Price Band is ₹674 to 708 per share.
Hexaware Technologies IPO lot size is 21 shares, Retail investors need a minimum investment of ₹14868 based on the upper price band
The minimum investment for Hexaware Technologies IPO is ₹14868, based on one lot of 21 shares at the upper price band of ₹708 per share.
Investors can apply for the Hexaware Technologies IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Feb 14, 2025. The application amount remains blocked until the Hexaware Technologies IPO allotment is finalized.
Hexaware Technologies IPO issue size is ₹8750 crores.
Hexaware Technologies IPO allotment date is Wed, Jul 1, 2026.
The registrar for Hexaware Technologies IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check Hexaware Technologies IPO allotment status, refund processing, and other IPO-related information.
The Hexaware Technologies IPO GMP (Grey Market Premium) is ₹1 as of Mon, Feb 17, 2025. Based on the upper price band of ₹708 per share, the estimated Hexaware Technologies IPO listing price is ₹709, indicating a potential listing gain of approximately 0% over the issue price.