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Hexaware Tech IPO Listing Date: Key things to know before debut on NSE and BSE

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2 min read | Updated on February 18, 2025, 15:34 IST

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SUMMARY

Hexaware Tech IPO Listing Date: The issue is exclusively an offer-for-sale (OFS) of shares worth ₹8,750 crore by Carlyle Group's CA Magnum Holdings. Since it is solely an OFS, the entire IPO proceeds will go to the selling shareholder. The company will not get any funds.

Hexaware Technologies provides digital and technology services. | Image: X/@HexawareGlobal

Hexaware Technologies provides digital and technology services. | Image: X/@HexawareGlobal

Hexaware Tech IPO Listing Date: Shares of IT consulting and services provider Hexaware Technologies Ltd will make their secondary market debut on Wednesday, February 19. The ₹8,750 crore initial share sale was subscribed 2.66 times. The Hexaware Tech IPO allotment status was finalised on Monday. As the listing is around the corner, here are key things you should know.

Hexaware Technologies IPO: Subscription

The initial public offer, with a price band of ₹674 to ₹708 per share, got bids for 24,28,44,966 shares against 9,14,23,354 equity shares on offer, translating to 2.66 times subscription.

CategoryNumber of Times Subscription
Qualified Institutional Buyers (QIBs)9.09
Non-institutional Investors20%
Retail Individual Investors (RIIs)11%
Total2.66

Hexaware Technologies IPO: Objectives

The issue is exclusively an offer-for-sale (OFS) of shares worth ₹8,750 crore by Carlyle Group's CA Magnum Holdings.

Since it is solely an OFS, the entire IPO proceeds will go to the selling shareholder. The company will not get any funds.

Hexaware Tech IPO: Listing date and time

The listing of Hexaware Technologies shares on the National Stock Exchange (NSE) and the BSE (formerly Bombay Stock Exchange) will occur on Wednesday, February 19, at 10 am.

Hexaware Tech IPO: Financials

In the financial year 2022-23 (FY23), the company posted a 12.83% increase in its revenue from operations to ₹10,380.3 crore, as against ₹9,199.6 crore in the previous fiscal year.

The company's net profit surged 12.82% to ₹997.6 crore in FY23, compared to ₹884.2 crore in FY22.

For the nine months ended September 2024, the net profit and revenue stood at ₹853.3 crore and ₹8,820 crore, respectively.

Hexaware Technologies provides digital and technology services, specialising in AI-driven solutions.

To know more about IPOs listing, schedule and upcoming IPOs, visit our page.
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