
Hexaware Technologies IPO
IPO Listing Details
- Listing Date
19 Feb 2025
- Listing Price
₹731.00
- Listing Change
3.25%
- Last Traded Price
₹711.50
IPO Details
-
Open Date
12 Feb 2025
-
Close Date
14 Feb 2025
-
Listing Date
19 Feb 2025
- IPO Price Range
₹ 674 to ₹ 708
- IPO Size
₹ 8750.00 Cr
- Listing Exchange
BSE NSE
IPO Timeline
Hexaware Technologies IPO Subscription Status
Date | QIB | NII | Retail | TOTAL |
---|---|---|---|---|
12-Feb-25 | 0.04 | 0.01 | 0.04 | 0.04 |
13-Feb-25 | 0.41 | 0.03 | 0.07 | 0.16 |
14-Feb-25 | 6.89 | 0.22 | 0.12 | 2.05 |
Last Updated: 10 March 2025 4:56 PM by 5Paisa
Hexaware Technologies, a global digital and AI-driven technology services firm, is launching its ₹8,750 Cr IPO from February 10-12, 2025, via an offer for sale of 12.36 Cr shares. With 39 global delivery centers, it plans expansion into Tier 2 cities. Serving industries like BFSI, healthcare, and manufacturing, it offers AI-powered platforms like RapidX™, Tensai®, and Amaze® for digital transformation and automation.
Established in: 1992
CEO: Srikrishna Ramakarthikeyan
Peers
Persistent Systems Ltd
Coforge Ltd
LTIMindtree Ltd
Mphasis Ltd
Objectives
The Company will not be receiving any proceeds from the Offer for Sale
Hexaware IPO Size
Types | Size |
---|---|
Total IPO Size | ₹8,750.00 Cr. |
Offer For Sale | ₹8,750.00 Cr. |
Fresh Issue | - |
Hexaware IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 21 | 14,154 |
Retail (Max) | 13 | 273 | 184,002 |
S-HNI (Min) | 14 | 294 | 198,156 |
S-HNI (Max) | 67 | 1,407 | 948,318 |
B-HNI (Min) | 68 | 1,428 | 962,472 |
Hexaware IPO Reservation
Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
---|---|---|---|---|
QIB | 6.89 | 2,44,63,278 | 16,86,11,898 | 11,937.722 |
NII (HNI) | 0.22 | 1,83,47,458 | 39,48,924 | 279.584 |
Retail | 0.12 | 4,28,10,734 | 50,26,224 | 355.857 |
Employees | 0.33 | 14,04,056 | 4,70,211 | 33.291 |
Total** | 2.05 | 8,70,25,526 | 17,80,57,257 | 12,606.454 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
Hexaware IPO Anchor Allocation
Anchor Bid Date | 11 February, 2025 |
Shares Offered | 3,66,94,914 |
Anchor portion Size (In ₹ Cr.) | 2,598.00 |
Anchor lock-in period end date for 50% shares (30 Days) | 19 March, 2025 |
Anchor lock-in period end date for remaining shares (90 Days) | 18 May, 2025 |
Particulars (in Rs. Crores) | FY22(As of Dec 2022) | FY23(As of Dec 2023) | FY24 (As of Sep 2024) |
---|---|---|---|
Revenue | 9,378.8 | 10,389.1 | 8,871.3 |
EBITDA | 17.7 | 19.2 | 16.7 |
PAT | 884.2 | 997.6 | 853.3 |
Particulars (in Rs. Crores) | FY22(As of Dec 2022) | FY23(As of Dec 2023) | FY24 (As of Sep 2024) |
---|---|---|---|
Total Assets | 6,514 | 7,202.1 | 8,594.2 |
Share Capital | 60.4 | 60.7 | 60.7 |
Total Borrowings | 82.7 | - | - |
Particulars (in Rs. Crores) | FY22(As of Dec 2022) | FY23(As of Dec 2023) | FY24 (As of Sep 2024) |
---|---|---|---|
Net Cash Generated From / (used in) operating activities | 820.6 | 1,515.6 | 702.5 |
Net Cash Generated From / (used in) investing activities | -15.1 | -299.6 | -785 |
Net Cash Generated From / (used in) financing activities | -721.1 | -750.1 | -374.1 |
Net Increase (Decrease) In Cash And Cash Equivalents | 84.4 | 465.9 | -456.6 |
Strengths
1. Strong AI-driven digital and technology service offerings across industries.
2. Extensive global presence with 39 delivery centers and 16 offices.
3. Proprietary AI-powered platforms like RapidX™, Tensai®, and Amaze®.
4. Diversified blue-chip customer base ensuring revenue stability.
5. Scalable and flexible delivery model with a skilled talent pool.
Risks
1. High dependence on offshore delivery centers for operations.
2. Intense competition from larger IT service providers.
3. Expansion into Tier 2 cities may increase operational costs.
4. Revenue concentration risk from key clients.
5. Potential challenges in adapting to rapidly evolving AI technologies.
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FAQs
Hexaware Technologies IPO opens from 12 February 2025 to 14 February 2025.
The size of Hexaware Technologies IPO is ₹8,750.00 Cr.
The price of Hexaware Technologies IPO is fixed at ₹674 to ₹708 per share.
To apply for Hexaware Technologies IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Hexaware Technologies IPO. ● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Hexaware Technologies IPO is 21 shares and the investment required is ₹14,154.
The share allotment date of Hexaware Technologies IPO is 17 February 2025
The Hexaware Technologies IPO will be listed on 19 February 2025.
Kotak Mahindra Capital Company Ltd, Citigroup Global Markets India Pvt Ltd, J.P. Morgan India Pvt Ltd, HSBC Securities & Capital Markets Pvt Ltd, IIFL Securities Ltd are the book running lead managers for Hexaware Technologies IPO.
The Company will not be receiving any proceeds from the Offer for Sale
Contact Information
Hexaware Technologies
Hexaware Technologies Limited
152, Millennium Business Park,
Sector III, ‘A’ Block, TTC Industrial Area,
Mahape, Navi Mumbai, 400 710
Phone: +91 223326 8585
Email: investori@hexaware.com
Website: http://www.hexaware.com/
Hexaware Technologies IPO Register
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: hexaware.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Hexaware Technologies IPO 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