Hexaware Technologies IPO Subscription Status
Hexaware Technologies IPO closed on 14 February 2025 with an overall subscription of 2.05x based on shares applied. QIB demand came in at 6.89x, NII at 0.22x, and retail at 0.12x.
Allotment will be finalised on 17 February 2025. The stock is scheduled to list on NSE and BSE on 19 February 2025.
Issue Price
Rs 708.00
GMP Today
-
Overall Subscription
2.05x
Issue Size
₹8750.00 Cr
Allotment Date
17 Feb 2025
Listing Date
19 Feb 2025
Hexaware Technologies IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 708.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 1,732.00 Cr | Rs 11,937.72 Cr | 6.89x |
| NII | Rs 1,299.00 Cr | Rs 279.56 Cr | 0.22x |
| sNII (Rs 2L to Rs 10L) | Rs 433.00 Cr | Rs 69.55 Cr | 0.16x |
| bNII (above Rs 10L) | Rs 866.00 Cr | Rs 181.89 Cr | 0.21x |
| Retail | Rs 3,031.00 Cr | Rs 355.70 Cr | 0.12x |
| Total | Rs 6,062.00 Cr | Rs 12,572.98 Cr | 2.07x |
Hexaware Technologies IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 2,44,63,278 | 16,86,11,898 | 6.89x |
| NII | 1,83,47,458 | 39,48,630 | 0.22x |
| sNII (Rs 2L to Rs 10L) | 61,15,819 | 9,82,338 | 0.16x |
| bNII (above Rs 10L) | 1,22,31,638 | 25,69,119 | 0.21x |
| Retail | 4,28,10,734 | 50,23,998 | 0.12x |
| Total | 8,56,21,470 | 17,75,84,526 | 2.07x |
What Do These Subscription Numbers Mean?
A subscription of 2.05x by shares means the IPO received bids for 2 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 6.89x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 6.89x, it reflects serious institutional conviction.
NII at 0.22x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 0.12x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Hexaware Technologies IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Share subscription: 0.12x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Share subscription: 0.16x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
BHNI (above Rs 10 lakh)
- •Share subscription: 0.21x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Hexaware Technologies IPO Allotment Status page from 17 February 2025 for your allotment result.
Hexaware Technologies IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 12 Feb 2025 | 0.04x | 0.01x | 0.04x | 0.04x |
| Day 2 - 13 Feb 2025 | 0.41x | 0.03x | 0.07x | 0.16x |
| Day 3 - 14 Feb 2025 | 6.89x | 0.22x | 0.12x | 2.05x |
Hexaware Technologies IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 12 February 2025 |
| IPO Close Date | 14 February 2025 |
| Allotment Date | 17 February 2025 |
| Refund Initiation | 18 February 2025 |
| Share Credit to Demat | 18 February 2025 |
| Listing Date | 19 February 2025 |
| Minimum Investment | Rs 14,868.00 |
| Lot Size | 21 shares |
About Hexaware Technologies IPO
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.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Hexaware Technologies IPO Subscription FAQs
What is Hexaware Technologies IPO IPO subscription status today?
Hexaware Technologies IPO IPO subscription closed on 14 February 2025 with overall subscription of 2.05x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 6.89x, NII 0.22x, Retail 0.12x.
What is the overall subscription of Hexaware Technologies IPO IPO?
Hexaware Technologies IPO IPO is subscribed 2.05x overall by shares at close on 14 February 2025. QIB 6.89x, NII 0.22x, and Retail 0.12x.
What is Hexaware Technologies IPO IPO QIB subscription?
Hexaware Technologies IPO IPO QIB (Qualified Institutional Buyers) subscription is 6.89x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Hexaware Technologies IPO IPO Retail subscription?
Hexaware Technologies IPO IPO Retail subscription is 0.12x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Hexaware Technologies IPO IPO NII subscription?
Hexaware Technologies IPO IPO NII (Non-Institutional Investors) subscription is 0.22x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Hexaware Technologies IPO IPO for retail?
Hexaware Technologies IPO IPO retail allotment chances depend on final application oversubscription. Allotment is by lottery when retail subscription exceeds 1x.
When is Hexaware Technologies IPO IPO allotment date?
Hexaware Technologies IPO IPO allotment date is 17 February 2025. Check Hexaware Technologies IPO Allotment Status on IPOwiz from that day using your PAN.
When does Hexaware Technologies IPO IPO subscription close?
Hexaware Technologies IPO IPO subscription closed on 14 February 2025. No new applications are accepted after the close.
What is Hexaware Technologies IPO IPO GMP today?
GMP for Hexaware Technologies IPO IPO is not available yet. Track Hexaware Technologies IPO GMP Today on IPOwiz once grey market activity starts.
What is Hexaware Technologies IPO IPO issue price and lot size?
Hexaware Technologies IPO IPO issue price is ₹708 per share. Lot size is 21 shares. Minimum investment is ₹14,868 per lot. Issue size: ₹8750.00 Cr.
When is Hexaware Technologies IPO IPO listing date?
Hexaware Technologies IPO IPO listing date is 19 February 2025 on NSE and BSE. Allotment is on 17 February 2025.
How does subscription affect Hexaware Technologies IPO IPO allotment?
Allotment odds in Hexaware Technologies IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 2.05x overall, competition is moderate.
For allotment results from 17 February 2025, visit the Hexaware Technologies IPO Allotment Status page. For listing day updates on 19 February 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.