Hexaware Technologies IPO allotment finalised: How to check status online on NSE, BSE, KFin Technologies

Hexaware Technologies IPO allotment: The allotment of information technology company Hexaware Technologies has been finalised. The initial share sale was fully subscribed on the final day of bidding.

According to the NSE data, the initial public offer secured bids for 24.28 crore shares against 9.14 crore equity shares on offer, translating to a subscription of around 2.66 times.

Qualified institutional buyers (QIBs) led the bidding as they applied for more than 23.36 crore shares compared to 2.57 crore shares on offer, translating to 9.09 times subscription.

The non-institutional investors (NIIs) placed bids for 39.48 lakh shares against 1.93 crore shares allotted to them. Their category was booked 20%.

The retail individual investors applied for 47,64,102 shares compared to 4,49,70,327 shares reserved, suggesting just 11% subscription.

Steps to check Hexaware Technologies IPO allotment status on Kfin Technologies website

• Head to the IPO allotment status page of KFin Technologies: https://ris.kfintech.com/ipostatus/
• Five links will appear on the screen. Click on any one
• On the 'Select IPO' dropdown, select Hexaware Technologies Limited
• Enter any of these: Application number, PAN, or Demat account
• Fill in the captcha code
• Click on submit

How to check Hexaware Technologies IPO allotment status online on NSE

• Go to the bid finalisation portal of NSE: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Select Equity & SME IPO bid details
• Choose Hexaware Technologies Limited under the symbol 'HEXT'
• Verify application number and PAN
• Click on submit

How to check Hexaware Technologies IPO allotment status online on BSE

• Go to the bid finalisation page of BSE- https://www.bseindia.com/investors/appli_check.aspx
• Keep 'Issue type' as 'Equity'
• Select 'Hexaware Technologies Limited' from the list of IPO names
• Enter your application number or PAN number
• Complete 'I'm not a robot' verification
• Click on submit

Hexaware Technologies IPO listing date and time

Shares of Hexaware Technologies will be listed on the stock exchanges—the National Stock Exchange (NSE) and the BSE—on Wednesday, February 19, at 10 am.

The issue was exclusively an Offer for Sale (OFS) of 12.36 crore shares aggregating to ₹8,750 crore by promoter CA Magnum Holdings, which is part of Carlyle Group. The price band was set at ₹674 to ₹708 per share.

The minimum investment was one lot or 23 shares worth ₹14,467 (cut-off price).

The book-running lead managers for the IPO were HSBC Securities & Capital Markets Pvt Ltd, Kotak Mahindra Capital Company Limited, JP Morgan India Private Limited, IIFL Securities Ltd and Citigroup Global Markets India Private Limited.

Hexaware Technologies is a global digital and technology services firm that specialises in AI-driven solutions. It serves key industries, including healthcare and insurance, financial services, and High-Tech and professional services.

Notably, the public issue of Hexarware is the largest in the country's IT services sector after Tata Consultancy Services' over ₹4,700 crore IPO over two decades ago.