Hexaware Technologies IPO Allotment Status Finalised on February 17; Shares to Be Credited Today

Hexaware Technologies IPO, one of the anticipated upcoming IPOs, opened for subscription on February 12, 2025, and ended on February 14, 2025.

The company finalised share allotments yesterday, February 17. Successful bidders can expect the shares to be credited to their demat accounts today, Tuesday, February 18. Those who did not receive an allotment will likely receive refunds on the same day. The stock is expected to debut on the BSE and NSE on February 19, 2025.

This IPO was a book-built issue amounting to ₹8,750.00 crores. The issue is entirely an offer for sale of 12.36 crore shares.

The price band for the Hexaware Technologies IPO was set at ₹708 per share, with a minimum application lot size of 21 shares, requiring retail investors to invest at least ₹14,154.

Hexaware Technologies IPO Subscription Status

On Day 3, February 14, 2025, as of 5:24 PM, the Hexaware Technologies IPO subscribed 2.79 times. The public issue was subscribed 0.11 times in the retail category, 9.55 times in the Qualified Institutional Buyers (QIB) category, and 0.21 times in the Non-Institutional Investors (NII) category.

Hexaware Technologies IPO was of a total of 12,37,20,440 shares, with allocations of 2,44,63,278 (19.77%) to QIBs, 1,83,47,458 (14.83%) to NIIs, 4,28,10,734 (34.6%) to Retail Individual Investors (RIIs), 3,66,94,914 (29.66%) to Anchor investors and 14,04,056 (1.13%) to employees.

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