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Hexaware Technologies IPO

Hexaware Technologies IPO

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Registrar: KFin Technologies Limited · Listing 2025-02-19
IPO Timeline
Today · 21 Oct 2026
Opens
12 Feb 2025
Closes
14 Feb 2025
Allotment
17 Feb 2025
Refund
18 Feb 2025
Demat
18 Feb 2025
Listing
19 Feb 2025
Price Band
₹674–708
GMP
₹0
0%
Lot Size
21 Shares
Min ₹14,868
Subscription
0x
Issue Size
₹8750 Cr
Open
2025-02-12
Close
2025-02-14
Listing
2025-02-19

About the company

Hexaware Technologies, a digital and technology services provider, specializes in AI-driven solutions for digital transformation and operations. It serves six key industries, including Financial Services, Healthcare & Insurance, and Hi-Tech & Professional Services. Leveraging proprietary AI-enabled platforms—RapidXTM, Tensai, and Amaze—the company delivers expertise across Design & Build, Secure & Run, Data & AI, and Cloud Services. Hexaware Technologies outpaced industry growth, with a 20.4% revenue CAGR from FY21 to FY23, surpassing the global outsourced IT-BP services industry's 7.3% CAGR during the same period.

Strengths

    Risks

      Financial performance (₹ Cr)

      Subscription breakup (final, times)

      Retail0x
      NII0x
      QIB0x
      Total0x

      IPO Roadmap / Timeline

      Current Status · as of 21 Oct 2026
      Listed
      Listed on 19 Feb 2025
      Listed 609 days ago
      1. IPO Opens

        Completed
        12 Feb 2025

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        14 Feb 2025

        Last day to place your bid

      3. Basis of Allotment

        Completed
        17 Feb 2025

        Share allotment finalised

      4. Refund Initiation

        Completed
        18 Feb 2025

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        18 Feb 2025

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        19 Feb 2025

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      21 shares
      Price / Share (upper)
      ₹708
      Min Investment (1 lot)
      ₹14,868
      Price Band
      ₹674–708
      Retail
      ≤ ₹2,00,000
      Min lots
      1
      Min shares
      21
      Min amount
      ₹14,868
      Max amount
      ₹193,284
      sHNI (Small HNI)
      ₹2L – ₹10L
      Min lots
      14
      Min shares
      294
      Min amount
      ₹208,152
      Max amount
      ₹996,156
      bHNI (Big HNI)
      > ₹10L
      Min lots
      68
      Min shares
      1428
      Min amount
      ₹1,011,024
      Max amount
      ₹1,085,364

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹4375 Cr
      Shares offered
      63,314,038
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹1312.5 Cr
      Shares offered
      18,994,211
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹3062.5 Cr
      Shares offered
      44,319,826
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).