Hexaware Technologies IPO opened for subscription on February 12, 2025, and closed on February 14, 2025.
It was a book-built issue of ₹8,750.00 crore. The issue was entirely an offer for sale of 12.36 crore shares. The Hexaware Technologies IPO price band was set at ₹708 per share.
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.
The share allotment was finalised on Monday, February 17, 2025, and the shares were listed on BSE and NSE on February 19, 2025.
On the listing day, on the NSE, Hexaware Technologies share price (NSE: HEXT) opened at ₹745.50, up from its issue price of ₹708.00. At 10:23 AM, the share price was trading at ₹774.70, up by 3.92% from its opening price of ₹745.50. As of the same time, the stock touched its day’s high at ₹776.70. The company’s market cap was ₹47,078.11 crore.
On the BSE, at 10:27 AM, Hexaware share price was trading at ₹757.30, up by 3.60% from its opening price of ₹731.00 and 6.96% up from its issue price of ₹708.00.
Hexaware Technologies is a global provider of digital and technology services, with artificial intelligence (AI) at the core of its operations. By leveraging technology, it delivers innovative solutions that support customers in their digital transformation journey and ongoing operations. AI is integrated into every aspect of its solutions, with a suite of platforms and tools designed to help businesses adapt, innovate, and optimise in the AI-driven era.
Its business is structured into six operating segments based on the industries it serves: Financial Services, Healthcare and Insurance, Manufacturing and Consumer, Hi-Tech and Professional Services, Banking, and Travel and Transportation. The company’s offerings span five key service areas: Design & Build, Secure & Run, Data & AI, Optimise, and Cloud Services.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 19, 2025, 10:45 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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