Hexaware Technologies IPO
ListedMainboardOpens 12 February 2025Closes 14 February 2025
Hexaware Technologies Limited specializes in AI-driven digital and technology services, providing innovative solutions to help businesses adapt and grow. With a strong global presence, the company operates 39 delivery…
Hexaware Technologies Limited specializes in AI-driven digital and technology services, providing innovative solutions to help businesses adapt and grow. With a strong global presence, the company operates 39 delivery centers and 16 offices across the Americas, Europe, and APAC. Its major offshore hubs are in India and Sri Lanka, with expansion plans in Tier 2 cities like Ahmedabad. Backed by experienced leadership, Hexaware focuses on technological advancements to drive business transformation.
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Key ratios
As per RHP / filingsTimeline
IPO Opens
12 Feb
IPO Closes
14 Feb
Allotment
17 Feb
Listing
19 Feb
IPO Timeline & Listing Details
| Event | Date |
|---|---|
| IPO Open Date | 12 February 2025 |
| IPO Close Date | 14 February 2025 |
| Allotment Date | 17 February 2025 |
| Listing Date | 19 February 2025 |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹14,868 |
Retail (Max)Just less than ₹2,00,000 | 13 | ₹1,93,284 |
SHNI (Min)Just above ₹2,00,000 | 14 | ₹2,08,152 |
SHNI (Max)Below ₹10,00,000 | 67 | ₹9,96,156 |
BHNIAbove ₹10,00,000 | 68 | ₹10,11,024 |
IPO Objectives
- The Company will not receive any proceeds from the Offer for Sale
Strengths
- Hexaware Technologies provides services across six industries.
- The company has a diverse customer base with no single customer contributing over 10% of revenue.
- It operates 39 delivery centers and 16 offices across the Americas, Europe, and APAC.
- The company holds 20 patents, 119 trademarks, 2 copyrights, and 49 domain names.
Weaknesses
- Economic changes in the US and Europe can affect Hexaware’s revenue.
- Currency fluctuations impact profitability as revenues are in foreign currencies while expenses are in rupees.
- lients may prefer insourcing IT services, reducing demand for outsourcing.
- Strong competition from global and local firms can create pricing pressure.
Financial Performance
| Period Ended | 30 Sep 2024 | 31 Dec 2023 | 30 Sep 2023 | 31 Dec 2022 | 31 Dec 2021 |
|---|---|---|---|---|---|
| Assets (₹ Cr.) | 8,594.2 | 7,202.1 | 7,021.2 | 6,514 | 5,673.5 |
| Revenue (₹ Cr.) | 8,871.3 | 10,389.1 | 7,763.1 | 9,378.8 | 7,244.6 |
| PAT (₹ Cr.) | 853.3 | 997.6 | 804.8 | 884.2 | 748.8 |
| Net Worth (₹ Cr.) | 4,876 | 4,230.9 | 4,294 | 3,778.1 | 3,503.7 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Hexaware Technologies | 10.15 | 41 | 23.6% | 4,876 |
| Coforge Limited | 9.54 | 73.6 | 13.33% | 3,727 |
| LTIMindtree | 8.37 | 38.59 | 22.08% | 20,026 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.04x | 0.41x | 6.89x |
| NII | 0.01x | 0.03x | 0.22x |
| S-HNI | 0.02x | 0.05x | 0.16x |
| B-HNI | 0.01x | 0.02x | 0.21x |
| RII | 0.04x | 0.07x | 0.12x |
| EMP | 0.11x | 0.18x | 0.33x |
| Total | 0.04x | 0.16x | 2.05x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 2,44,63,278 | 16,86,11,898 | 11,937.72 |
| NII | 1,83,47,458 | 39,48,630 | 279.56 |
| Small NII | 61,15,819 | 9,82,338 | 69.55 |
| Big NII | 1,22,31,638 | 25,69,119 | 181.89 |
| RII | 4,28,10,734 | 50,23,998 | 355.7 |
| EMP | 14,04,056 | 4,70,253 | 33.29 |
| Total | 8,70,25,526 | 17,80,54,779 | 12,606.28 |
Company Details
- Hexaware Technologies Limited
- 152, Millennium Business Park, Sector III, ‘A’ Block, TTC Industrial Area, Mahape, Navi Mumbai, 400 710
- +91 223326 8585
- investori@hexaware.com
- http://www.hexaware.com/
Registrar Details
- Kfin Technologies Limited
- 04067162222, 04079611000
- hexaware.ipo@kfintech.com
- https://kosmic.kfintech.com/ipostatus/
Frequently Asked Questions
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Hexaware Technologies IPO News & Updates
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Hexaware Technologies IPO Details
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Hexaware Technologies IPO GMP
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Hexaware Technologies IPO Allotment
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Hexaware Technologies IPO Review
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Sources
We match Hexaware Technologies IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- Kfin Technologies LimitedOfficial site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.