Hexaware Technologies, backed by Carlyle Group, is set to launch its highly anticipated ₹8,750-crore IPO on February 12, 2025. This will be the largest IPO in India’s IT services sector since Tata Consultancy Services (TCS) went public over two decades ago.
Hexaware Tech IPO Highlights
1. Hexaware Tech IPO Opening & Closing Dates
- Subscription Period: February 12 – February 14, 2025
- Anchor Investor Bidding: February 11, 2025
- Hexaware Tech IPO Allotment Date: February 17, 2025
- Hexaware Tech Listing Date on BSE & NSE: February 19, 2025
2. Hexaware Tech IPO Price Band & Issue Size
- Price Band: ₹674 – ₹708 per share
- Total Issue Size: ₹8,750 crore
- Valuation at Upper Price Band: ₹43,000 crore
3. IPO Type: 100% Offer for Sale (OFS)
- The IPO is entirely an OFS, meaning no fresh issue of shares.
- CA Magnum Holdings, part of Carlyle Group, is selling ₹8,750 crore worth of shares.
- CA Magnum Holdings currently owns 95.03% stake in Hexaware Technologies.
4. Hexaware Tech IPO GMP Today Price & Market Sentiment
- As per market analysts, Hexaware Tech IPO GMP Today Price is currently flat, indicating stable demand.
- Investors are closely tracking Hexaware Tech IPO GMP Live Updates for insights into market sentiment.
5. About Hexaware Technologies
- Hexaware Technologies is a leading global IT & digital services provider specializing in artificial intelligence (AI), cloud computing, and automation.
- The company serves 31 Fortune 500 organizations across the Americas, Europe, Asia-Pacific, India, and the Middle East.
6. Financial Performance (FY24 – 9 Months Ending September 2024)
- Revenue: ₹8,820 crore
- Net Profit: ₹853.3 crore
7. Largest IT IPO in India Since TCS
- Hexaware’s IPO will be the biggest in India’s IT services sector, surpassing TCS’ ₹4,700-crore IPO from two decades ago.
Should You Invest in Hexaware Tech IPO?
With Hexaware Technologies’ strong financials, global client base, and AI-driven services, the IPO has generated significant interest among institutional and retail investors. However, as it is a complete OFS, investors should evaluate valuation, market conditions, and future growth potential before subscribing.
