Hexaware Technologies IPO Allotment Status

Summary

Hexaware Technologies Limited, established in 1992, stands as a global leader in digital and technology services with a strong focus on artificial intelligence. Operating through 39 delivery centers and 16 offices across the Americas, Europe, and APAC, the company serves diverse industries with AI-powered platforms like RapidX™, Tensai®, and Amaze®. With 32,536 employees as of September 2024, including 30,171 full-time professionals, they deliver comprehensive solutions across design, security, data & AI, optimization, and cloud services.
 

Hexaware Technologies IPO comes with a total issue size of ₹8,750.00 crore, which is entirely an offer for sale of 12.36 crore shares. The IPO opened on February 12, 2025, and closed on February 14, 2025. The allotment date for the Hexaware Technologies IPO is expected to be finalized on Monday, February 17, 2025.

Steps to Check Hexaware Technologies IPO Allotment Status on Registrar Site

• Visit Kfin Technologies Limited website
• Select "Hexaware Technologies IPO" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Hexaware Technologies IPO Allotment Status on BSE/NSE

• Navigate to the BSE/NSE IPO Allotment Status Page
• Choose "Hexaware Technologies IPO" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Hexaware Technologies IPO Subscription Status 

Hexaware Technologies IPO received moderate investor interest, being subscribed 2.79 times overall. Here is a category-wise breakdown of the subscription as of 5:42:47 PM on February 14, 2025:

• Retail Category: 0.11 times
• Qualified Institutional Buyers (QIB): 9.55 times
• Non-Institutional Investors (NII): 0.21 times
• Employees: 0.33 times

As of 5:42:47 PM
 

Utilization of IPO Proceeds 

As this is entirely an offer for sale, the company will not receive any proceeds from the IPO. The proceeds will go to the selling shareholders after deducting their respective portions of offer-related expenses and applicable taxes.

Hexaware Technologies IPO - Listing Details 

The shares are scheduled to list on February 19, 2025, on BSE and NSE. The subscription rate of 2.79 times shows mixed investor interest, with strong QIB participation but muted retail and NII response. The company has demonstrated strong financial performance with revenue of ₹8,871.3 crore and profit after tax of ₹853.3 crore for the period ended September 30, 2024. Their comprehensive AI-enabled solutions, global delivery model, and strong client relationships position them well in the technology services sector, particularly in the growing field of artificial intelligence and digital transformation.