IPO

Hexaware Technologies Limited

Mainboard

Listed On: Feb 19, 2025 at ₹ 745.5(NSE)

₹ 14868 /21 Shares

Check Allotment
Hexaware Technologies IPO Details

12 Feb, 2025

Open Date

14 Feb, 2025

Close Date

17 Feb, 2025

Allotment Date

19 Feb, 2025

Listing Date

Issue Price

₹674-708 per equity share

Face Value

₹1 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Limited

List Price

745.5(NSE)

Listing Date

2025-02-19

Market Lot

Retail : 21 Shares (₹14,868/-)
S-HNI : 294 Shares (₹2,08,152/-)
B-HNI : 1,428 Shares (₹10,11,024/-)

Lead Manager

Kotak Mahindra Capital Company Limited
Citigroup Global Markets India Private Limited
J.P. Morgan India Private Limited
Hsbc Securities & Capital Markets Pvt Ltd
Iifl Securities Ltd

Issue Size

OFS : 12,35,87,570 shares(aggregating up to ₹8,750.00 Cr)

Retail Portion

35% (Number of Retail Applications: 20,38,606 Approx),
(Number of S-HNI Applications : 20,802 Approx),
(Number of B-HNI Applications : 41,604 Approx)

Subscription

2.66 times


The IPO of Hexaware Technologies is priced at ₹674-708 per equity share, which has a face value of ₹1 Per Equity Share each. The company shall list its equity shares on BSE, NSE. Kfin Technologies Limited is the registrar of the issue.

Hexaware Technologies IPO bid opening date is from Feb 12, 2025 and the bid closing date was Feb 14, 2025.
Hexaware Technologies IPO allotment result will be available on Feb 17, 2025. The tentative listing date for Hexaware Technologies is Feb 19, 2025.


The total issue size is OFS : 12,35,87,570 shares(aggregating up to ₹8,750.00 Cr).

Read More

Hexaware Technologies IPO Subscription Details

As onQIBNII
bNII   sNII
RetailTotal
Shares Offered / Reserved2,44,63,2781,83,47,458
1,22,31,638    61,15,819
4,28,10,7348,70,25,526
Day 1 - 12-02-25 05:00 PM0.04 x0.01
0.01 x   0.02 x
0.04 x0.03 x
Day 2 - 13-02-25 05:00 PM0.39 x0.03
0.02 x   0.05 x
0.06 x0.15 x
Day 3 - 14-02-25 05:00 PM9.09 x0.20
0.23 x   0.15 x
0.11 x2.66 x
Total No. of Applications: 1,60,193 (Approx)

Hexaware Technologies Valuations

EPS Pre IPO

₹16.41/-

EPS Post IPO

₹/-

P/E Pre IPO

41.0

P/E Post IPO

ROE

%

ROCE

%

Debt/Equity

RoNW

23.6%

PAT Margin

9.60

Price to Book Value

10.15

Hexaware Technologies Company Financials All values are in ₹ Cr.

30-Sep-2430-Sep-2331-Dec-22
Assets8,594.27,021.26,514
Revenue8,871.37,763.19,378.8
Profit After Tax853.3804.8884.2
Net Worth4,876.04,294.03,778.1
Reserves & Surplus4,816.74,234.73,719.1

About The Company

Hexaware Technologies Limited was established in 1992 and conducts business in the global digital and technology services industry with artificial intelligence.

The firm uses technology for innovative solutions to help customers adapt, innovate, and improve with AI in this AI-driven world.

The company has major offshore delivery centers in India (Chennai, Pune, Bengaluru, Noida, etc.) and Sri Lanka. It has plans to expand into Tier 2 cities and open new centers in Ahmedabad.

As of September 30, 2024, the company has a global delivery presence with 39 centers and 16 offices across the Americas, Europe, and APAC.

Business Segment: The company offers services in its operating segments in six industries, namely Financial Services, Healthcare & and; Insurance, Manufacturing & and; Consumer, Hi-Tech & and; Professional Services, Banking, and Travel & and Transportation.
Platforms: The company offers services through AI-powered platforms such as RapidX™ for digital transformation, Tensai® for automation, and Amaze® for cloud adoption, serving customers globally across multiple regions.

As of September 30, 2024, the company has 32,536 employees of which 30,171 are full-time and 2,365 contracted.

Read More

Hexaware Technologies - Promoter(s)

Pre Issue Share Holding: 95.03%

Post Issue Share Holding: N/A%


Company Promoter(s)
  1. CA Magnum Holdings

Hexaware Technologies IPO - Issue Objectives

  1. The Company will not receive any proceeds from the Offer for Sale

Hexaware Technologies IPO - Anchor Investors

Hexaware Technologies IPO: IT firm mobilises Rs 2,598 crore.

Global marquee investors like CLSA, Government of Singapore, Monetary Authority of Singapore, Smallcap World Fund, American Funds, Fidelity, Abu Dhabi Investment Authority, JP Morgan, Custody Bank of Japan, Goldman Sachs, New York State Teachers Retirement System, T Rowe Price International, Amundi Funds, Templeton Emerging Markets Investment Trust, Tocu Europe, and Florida Retirement System showed great interest in the company.

Domestic institutional investors like SBI Mutual Fund, ICICI Prudential Mutual Fund, HDFC AMC, Kotak Mahindra AMC, Aditya Birla Sun Life AMC, Motilal Oswal Mutual Fund, Axis Mutual Fund, UTI MF, Mirae Asset India, Manulife Global Fund, Aditya Birla Sun Life Insurance, PGIM India, DSP MF, and Baroda BNP Paribas MF also invested in Hexaware via anchor book.

Other Details

Company Contact Details

Hexaware Technologies

152, Millennium Business Park, Sector III, ‘A’ Block, TTC Industrial Area, Mahape, Navi Mumbai, 400 710

Phone: +91 223326 8585

Email: investori@hexaware.com

Website: http://www.hexaware.com/

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: hexaware.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

Hexaware Technologies IPO - FAQs

Ans. Hexaware Technologies Limited is a Mainboard IPO. The issue is priced at ₹674-708 per equity share. The minimum order quantity is 21 Shares. The IPO opens on Feb 12, 2025, and closes on Feb 14, 2025. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Hexaware Technologies Limited opens on Feb 12, 2025 and closes on Feb 14, 2025.

Ans. The size of Hexaware Technologies Limited is OFS : 12,35,87,570 shares(aggregating up to ₹8,750.00 Cr).

Ans. The IPO price band is set between ₹674-708 per equity share.

Ans. To apply for Hexaware Technologies Limited IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Hexaware Technologies Limited in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Hexaware Technologies Limited is Feb 17, 2025.

Ans. The Hexaware Technologies Limited will be listed on Feb 19, 2025.

Ans. Follow the steps to check the allotment status for Hexaware Technologies Limited here.