HEXT · NSE,BSE · Computers - Software & Consulting
Hexaware Technologies IPO listed on 19 Feb 2025 on NSE,BSE at ₹745.50, a gain of 5.30% over the issue price of ₹708.00. The IPO was subscribed 2.66x overall.
Hexaware Technologies IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 12 Feb 2025 |
| IPO Close Date | 14 Feb 2025 |
| Basis of Allotment | 17 Feb 2025 |
| Initiation of Refunds | 18 Feb 2025 |
| Credit of Shares to Demat | 18 Feb 2025 |
| Listing Date | 19 Feb 2025 |
Listing day gain
+5.3%
Listed at ₹745.5 (issue ₹708)
Issue
₹708
Listing
₹745.5
Current
₹762.55
+7.7% vs issue
Day range
₹708 – ₹788
Issue Size
123,615,318 shares
(aggregating up to ₹8,750.00 Cr)
Issue Price
₹674 – ₹708
Face Value
₹1/share
Market Lot
21 shares
Retail Min Investment
₹14,868
Listing At
NSE,BSE
Sale Type
offer for sale
Fresh Issue
[.]
Offer for Sale
123,615,318 shares
(aggregating up to ₹8,750 Cr)
Issue Type
book building
Open Date
12 Feb
Close Date
14 Feb
Allotment
17 Feb
Listing
19 Feb
Last updated: 1 year ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 19 Feb 2025 Latest | ₹708 | ₹0 | ₹708 | ₹0 |
0%
|
12:00 AM |
| 18 Feb 2025 | ₹708 | ₹0 | ₹708 | ₹0 |
0%
|
12:00 AM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 14 Feb 2025
| Category | Subscribed (x) |
|---|---|
| QIB | 9.09x |
| NII | 0.2x |
| bNII (bids above ₹10L) | 0.23x |
| sNII (bids below ₹10L) | 0.15x |
| Retail Investors | 0.11x |
| Employees | 0.32x |
| Total | 2.66x |
Showing the latest subscription snapshot.
View full subscription historyCA Magnum Holdings is the prooter of the company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 21 | ₹14,868 |
| Retail (Max) | 13 | 273 | ₹193,284 |
| S-HNI (Min) | 14 | 294 | ₹208,152 |
| S-HNI (Max) | 67 | 1,407 | ₹996,156 |
| B-HNI (Min) | 68 | 1,428 | ₹1,011,024 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only employee | 2 | No |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 61,158,191 (49.43%) |
|
•
Anchor Investor Shares Offered
|
36,694,914 (29.66%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
24,463,277 (19.77%) |
| NII (HNI) Shares Offered | 18,347,458 (14.83%) |
|
•
bNII > ₹10L
|
12,231,639 (9.89%) |
|
•
sNII < ₹10L
|
6,115,819 (4.94%) |
| Retail Shares Offered | 42,810,735 (34.61%) |
| Employee | 1,404,056 (1.13%) |
| Total Shares Offered | 123,720,440 (100.00%) |
Hexaware Technologies Limited was incorporated in 1992 and is headquartered in Navi Mumbai, Maharashtra. It works in the information technology and digital transformation services sector.
The company provides global digital and technology services, integrating artificial intelligence into offerings such as AI-led analytics, predictive maintenance, modernisation of core business systems, and legacy application and data landscape modernisation. It operates through AI-powered platforms including RapidX, Tensai, and Amaze, serving six industries: financial services, healthcare and insurance, manufacturing and consumer, hi-tech and professional services, banking, and travel and transportation. As of September 30, 2024, it had a global delivery presence spanning 39 centres and 16 offices across the Americas, Europe, and Asia-Pacific, including centres in Chennai, Pune, Bengaluru, and Noida, and counted 31 Fortune 500 companies among its clients. CA Magnum Holdings is the promoter.
For calendar year 2024, the company reported consolidated revenue of Rs 11,974 crore, up 15.40% year-on-year, and net profit of Rs 1,174 crore, up 17.75%. The IPO was a mainboard, book-built issue of 12,35,87,570 equity shares of face value Re 1 each, entirely comprising an offer for sale by promoter CA Magnum Holdings, aggregating up to Rs 8,750 crore, listed on the BSE and NSE. As the issue was a pure offer for sale, the company did not receive any proceeds from it; the proceeds went to the promoter selling shareholder.
Standalone · ₹ in Crores
| Particulars | FY Dec 2022 | FY Sep 2023 | FY Sep 2024 |
|---|---|---|---|
| Total Revenue | 9,378.8 | 10,389.1 | 8,871.3 |
| Profit After Tax (PAT) | 884.2 | 997.6 | 853.3 |
| EBITDA | - | - | - |
| Total Assets | 6,514 | 7,202.1 | 8,594.2 |
| Net Worth | 3,778.1 | 4,230.9 | 4,876 |
| Reserves & Surplus | 3,719.1 | 4,171.6 | 4,816.7 |
| Total Borrowing | 82.7 | - | - |
Revenue & Profit Trend
Key ratios per fiscal period
| Particulars | Dec 2023 |
|---|---|
| RoNW Return on Net Worth Shows the profit earned on the company's own net worth. Steady or rising over 3 years is a good sign. | 23.6% |
| PAT Margin Profit After Tax Margin Out of every ₹100 of sales, how much the company keeps after paying all costs, loan interest and tax. | 9.6% |
| P/BV Price to Book Value Tells you if the IPO price is above what the company actually owns. 1x to 3x is usually seen as reasonable. | 10.15x |
Issue-level · at the upper price band
| Particulars | Pre-IPO | Post-IPO |
|---|---|---|
| Market Cap Market Capitalisation What the whole company is valued at, at the upper price band. Post-IPO counts the new shares the issue creates. | ₹43,025 Cr | ₹46,340 Cr |
The basis of allotment for Hexaware Technologies IPO was finalised on 17 Feb 2025. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The Hexaware Technologies IPO is expected to open in Feb 2025, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Hexaware Technologies IPO is ₹674.00 - ₹708.00 per share.
As per market sources, Hexaware Technologies IPO GMP is currently ₹0.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Hexaware Technologies IPO stands at 2.66x overall.
The listing date for Hexaware Technologies IPO is 19 Feb 2025.
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