IPO

Hexaware Technologies Ltd. IPO

Min Investment
₹ 14,868 / 21 shares
Price Range
₹674 - ₹ 708
Bidding Dates
12 Feb '25 - 14 Feb '25
Total Issue Value
8,750.00 Cr
Lot Size
21
Total Issue Size
8,750.00 Cr
Listing At
BSE, NSE
Subscription
2.27 times
BSE Price
766.55 (8.27%)
NSE Price
765.55 (8.13%)

IPO Timeline

  • 12 Feb 2025
    Bidding Starts
  • 14 Feb 2025
    Bidding Ends
  • 17 Feb 2025
    Allotment Finalization
  • 19 Feb 2025
    Listing

About Hexaware Technologies Ltd.

We are a global digital and technology services company with artificial intelligence (“AI”) at its core. We leverage technology to deliver innovative solutions that help customers in their digital transformation journey and subsequent operations. We embed AI into every aspect of our ... Read more

Parent organisation
Founded
Hexaware Technologies Ltd.
1992

Hexaware Technologies Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 3,66,94,915 (29.69%)
Employee Reserved 12,71,186 (1.03%)
Non Institutional Investors 1,83,47,458 (14.85%)
Qualified Institutional Buyers (QIBs) 2,44,63,277 (19.79%)
Retail Individual Investors (RIIs) 4,28,10,734 (34.64%)

Hexaware Technologies Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Dec 2024 6,337.80 Cr 784.00 Cr 3,091.20 Cr
31 Dec 2023 5,019.20 Cr 727.00 Cr 2,810.60 Cr
31 Dec 2022 4,269.70 Cr 689.90 Cr 2,610.50 Cr

Hexaware Technologies Ltd. Background

Major Events And Milestones
  • 1992
    Our Company was incorporated as Aptech Information Systems Limited
  • 1994
    Expanded operations to the U.S. by incorporating our Material Subsidiary, Hexaware Technologies Inc.
  • 1996
    The information technology division of Apple Industries Limited was merged with our Company (then known as Aptech Information Systems Limited) with effect from July 1, 1995, pursuant to a scheme of arrangement and reconstruction sanctioned by order of the High Court of Judicature at Bombay dated June 19,
    The name of our Company was changed to Aptech Limited
  • 1997
    The Equity Shares of our Company were listed on BSE and NSE
  • 1998
    Expanded operations to the U.K. by incorporating our Material Subsidiary, Hexaware Technologies UK Limited (originally incorporated as Aptech Worldwide Europe Limited)
  • 2001
    The training division of our Company (then known as Aptech Limited) was demerged into Aptech Training Limited and the erstwhile Hexaware Technologies Limited was merged with our Company with effect from April 1, 2001, pursuant to a scheme of arrangement and reconstruction sanctioned by order of the High Court of Judicature at Bombay dated November 9, 2001
  • 2002
    The name of our Company was changed to Hexaware Technologies Limited
  • 2013
    HT Global IT Solutions Holdings Limited and Parel Investment Holdings Limited (affiliates of erstwhile Baring Private Equity Asia) acquired 70.87% of our share capital via on open offer under the SEBI Takeover Regulations and became the promoters of our Company
  • 2019
    Acquisition of Mobiquity Inc. by our Material Subsidiary, Hexaware Technologies Inc.
  • 2020
    Voluntary delisting of our equity shares from the BSE and the NSE
    Launch of Amaze® (a cloud migration, cloud transformation, data and application modernization platform)
  • 2021
    Launch of Tensai® (an automation platform designed to transform enterprise IT processes and enable secure, rapid and automated release of code; efficient and AI-driven operations)
    CA Magnum Holdings, our Promoter, acquired 95.51% of the shareholding of our Company from HT Global IT Solutions Holdings Limited
  • 2022
    Launch of RapidX™ (a Gen AI-based platform for modern software engineering)
  • 2024
    Acquisition of Softcrylic LLC and Softcrylic Technology Solutions India Private Limited by our Company
Hexaware Technologies Ltd. Object of Issues

1. To carry out the Offer for Sale of up to [?] Equity Shares of face value of ?1 each aggregating up to ? 87,500 million by the Promoter Selling Shareholder
2. Achieve the benefits of listing the Equity Shares on the Stock Exchanges

Hexaware Technologies Ltd. IPO Listing Details
Listing Date
19 Feb 2025
BSE Script Code
HEXATECH
NSE Symbol
HEXATECH
ISIN
INE093A01041
Final Issue Price
₹ 708
Hexaware Technologies Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 708.00 ₹ 708.00
Open ₹ 731.00 ₹ 745.50
Low ₹ 724.40 ₹ 708.00
High ₹ 787.80 ₹ 788.00
Last Trade ₹ 763.85 ₹ 762.55
Hexaware Technologies Ltd. Company Promoters

1. CA Magnum Holdings

Industry Overview

The IT services and Business Process Services (“BPS”) market is projected to reach approximately ?343.0 trillion (?343,000,000 million) in CY2029, with IT services growing at a CAGR of approximately 7.2% and BPS growing at a CAGR of approximately 2.5% for the period CY2024-29E. ... Read more

Hexaware Technologies Ltd. IPO Lead Manager(s)
IIFL Capital Services Limited
24th Floor, One Lodha Place Senapati Bapat Marg Lower Parel (West), Mumbai Maharashtra - 400013
46464728

FAQs

When does Hexaware Technologies Ltd. IPO opens and closes?

Hexaware Technologies Ltd. IPO opens from 12th February to 14th February 2025.

What is the size of Hexaware Technologies Ltd. IPO?

The size of the Hexaware Technologies Ltd. IPO is ₹8,750.00 Cr.

What is the price range of Hexaware Technologies Ltd. IPO?

The price range of Hexaware Technologies Ltd. IPO is at ₹674 to ₹708 per share.

What is the minimum investment and lot size required for the Hexaware Technologies Ltd. IPO?

The minimum investment required is ₹14,868 and minimum lot size is 21 shares.

When is Hexaware Technologies Ltd. IPO listing date?

The Hexaware Technologies Ltd. IPO will be listed on 19th February 2025.

What is the objective of Hexaware Technologies Ltd. IPO?

1. To carry out the Offer for Sale of up to [?] Equity Shares of face value of ?1 each aggregating up to ? 87,500 million by the Promoter Selling Shareholder
2. Achieve the benefits of listing the Equity Shares on the Stock Exchanges

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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