Hexaware Technologies IPO
Hexaware Technologies IPO is listed on BSE and NSE, priced at ₹674–₹708 per share. The stock debuted at ₹745.5, delivering a listing gain of 5.3%. The IPO had a lot size of ₹21 shares and a minimum investment of ₹14,868.
Hexaware Technologies Limited
- IPO Dates
- Feb 12, 2025 – Feb 14, 2025
- Price band
- ₹674-708 per equity share
- Minimum Investment
- ₹14,868
- Issue size
- ₹8750 Cr
- Lot size
- 21
- Allotment Date
- Feb 17, 2025
- Listing
- Feb 19, 2025
- Listing At
- BSE, NSE
IPO timeline
-
Feb 12, 2025
Open Date
Completed
-
Feb 14, 2025
Close Date
Completed
-
Feb 17, 2025
Allotment Date
Completed
-
Feb 19, 2025
Listing Date
Completed
Price Summary
- Last closing
- 482.00 (-31.92%)
- 52 week high
- 900.00
- 52 week low
- 400.20
- Last update
Hexaware Technologies IPO Essentials
Hexaware Technologies IPO Details
Hexaware Technologies IPO is priced at ₹674-708 per share with a total issue size of 8750 crore. The IPO has a lot size of 21 shares and is listed on BSE and NSE.
- Issue price
- ₹674-708 per equity share
- Lot size
- 21 shares
- Face value
- ₹1 Per Equity Share
- Issue size
- OFS : 12,35,87,570 shares(aggregating up to ₹8,750.00 Cr)
- Total issue size
- 12,35,87,570 shares
(aggregating up to ₹8750 crore) - Offer for sale (OFS)
- 12,35,87,570 shares
(aggregating up to ₹8750 crore) - Listing at
- BSE, NSE
- List price
- 745.5(NSE)
- Listing date
- Registrar
- Kfin Technologies Limited
- 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
Market Lot Size
Investors can bid for a minimum of 21 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 21 | ₹14,868 |
| Retail(max) | 13 | 273 | ₹1,93,284 |
| sHNI(min) | 14 | 294 | ₹2,08,152 |
| sHNI(max) | 67 | 1,407 | ₹9,96,156 |
| sHNI(min) | 68 | 1,428 | ₹10,11,024 |
Hexaware Technologies IPO Reservation
Hexaware Technologies IPO reservation details show category-wise allocation of shares. Out of the total 12,37,20,440 shares, approximately 19.77% are reserved for QIB, 14.83% for NII, 34.6% for retail investors, 1.13% for employees, and 29.66% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 3,66,94,914 (29.66%) | |
| QIB Shares Offered | 2,44,63,278 (19.77%) | |
| NII (HNI) Shares Offered | 1,83,47,458 (14.83%) | |
| bHNI > ₹10L | 1,22,31,638 (9.89%) | 41,604 |
| sHNI < ₹10L | 61,15,819 (4.94%) | 20,802 |
| Retail Shares Offered | 4,28,10,734 (34.6%) | 20,38,606 |
| Employee Shares Offered | 14,04,056 (1.13%) | |
| Total Shares Offered | 12,37,20,440 (100%) |
Hexaware Technologies IPO Analytics
Hexaware Technologies IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Hexaware Technologies IPO Subscription Status
Hexaware Technologies IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 2,44,63,278 |
1,83,47,458
1,22,31,638
61,15,819
|
4,28,10,734 | 8,70,25,526 |
|
Day 1
12-02-25 05:00 PM
|
0.04 x |
0.01x
0.01x
0.02x
|
0.04 x | 0.03 x |
|
Day 2
13-02-25 05:00 PM
|
0.39 x |
0.03x
0.02x
0.05x
|
0.06 x | 0.15 x |
|
Day 3
14-02-25 05:00 PM
|
9.09 x |
0.20x
0.23x
0.15x
|
0.11 x | 2.66 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 1,60,193 (Approx) | 0.03x | 0.13x | 0.07x |
Hexaware Technologies Valuations
Returns
- RoNW
- 23.60%
- PAT Margin
- 9.60
Fundamentals
- Price / Book
- 10.15
Hexaware Technologies Financials( In Crs.)
| 30-Sep-24 | 30-Sep-23 | 31-Dec-22 | |
|---|---|---|---|
| Assets | 8,594.2 | 7,021.2 | 6,514 |
| Revenue | 8,871.3 | 7,763.1 | 9,378.8 |
| Profit After Tax | 853.3 | 804.8 | 884.2 |
| Net Worth | 4,876.0 | 4,294.0 | 3,778.1 |
| Reserves & Surplus | 4,816.7 | 4,234.7 | 3,719.1 |
Hexaware Technologies Company & Offer Insights
About Hexaware Technologies
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.
Hexaware Technologies Promoter(s)
CA Magnum Holdings are the company's promoters of Hexaware Technologies.
Hexaware Technologies IPO Issue Objectives
- •
- 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.
Hexaware Technologies IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Hexaware Technologies Limited | 16.45 | 16.41 | 69.77 | N/A | 23.6 | N/A | Consolidated |
| Persistent Systems Ltd. | 72.44 | 71.07 | 321.82 | 84 | 22.1 | N/A | Consolidated |
| Coforge Limited | 131.56 | 129.59 | 586.63 | 64 | 23 | N/A | Consolidated |
| LTIMindtree Limited | 154.85 | 154.48 | 676.55 | 38 | 22.9 | N/A | Consolidated |
| Mphasis Ltd. | 82.42 | 81.83 | 465.33 | 34 | 17.7 | N/A | Consolidated |
Notes:
- The P/E Ratio for Hexaware Technologies Limited has been computed based on the Offer Price of ₹ per Equity Share divided by the Basic EPS for the year ended December 31, 2023.
- For the peer group entities, the Basic and Diluted EPS refers to the Basic and Diluted EPS sourced from the financial statements of the companies respectively for the year ended March 31, 2024.
- P/E Ratio has been computed based on the closing market price of equity shares on NSE on February 4, 2025, divided by the Basic EPS as at March 31, 2024.
- RoNW (%) = Profit for the year ended March 31, 2024, divided by total equity of the Company as at March 31, 2024.
- NAV is computed as the total equity of the Company as at March 31, 2024 divided by the outstanding number of equity shares as at March 31, 2024.
Contact Information
Contact Details
Hexaware Technologies
+91 223326 8585
152, Millennium Business Park, Sector III, ‘A’ Block, TTC Industrial Area, Mahape, Navi Mumbai, 400 710
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Hexaware Technologies IPO is a book-built IPO worth ₹8750 crore. The price band is ₹674–₹708 per share. The IPO opens on Feb 12, 2025 and closes on Feb 14, 2025. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The price band of Hexaware Technologies IPO is ₹674 to ₹708 per share.
The lot size of Hexaware Technologies IPO is 21 shares.
The minimum investment for Hexaware Technologies IPO is approximately ₹14,868 based on the upper price band .
Hexaware Technologies IPO opens on Feb 12, 2025 and closes on Feb 14, 2025.
The allotment date of Hexaware Technologies IPO is Feb 17, 2025.
Hexaware Technologies IPO is expected to be listed on Feb 19, 2025, on BSE and NSE .
Hexaware Technologies IPO listed on Feb 19, 2025. It was issued at ₹745.5(NSE) and is currently around ₹482.00 as on 14-May-2026 3:30 PM, which is approximately -31.9% versus issue price. The 52-week high is ₹900.00.
Based on listing and post-listing performance, Hexaware Technologies IPO delivered around -31.9% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Hexaware Technologies IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Hexaware Technologies IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B 10.15, RoNW 23.60%, and market cap N/A.
To apply for Hexaware Technologies IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Hexaware Technologies IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Hexaware Technologies IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Hexaware Technologies IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Hexaware Technologies IPO allotment status on IPO Ji for quick and easy access.