Hexaware Technologies IPO Subscribed 0.16x on Day 2

Hexaware Technologies IPO Subscribed over 0.16x on its second day of subscription wherein QIB subscribed 0.41x, NII subscribed 0.03x, and RII subscribed 0.07x.

Hexaware Technologies IPO subscription started on Wednesday, February 12, 2025, and will close on February 14, 2025, as per the schedule. The price band is set at ₹674 to ₹708 per share with a face value of ₹1 each. 

Hexaware Technologies IPO Subscription Status

Hexaware Technologies IPO Subscribed over 0.16x on its second day till 05.00 PM on 13th February 2025. 

  • Hexaware Technologies IPO subscription QIB investors portion is 0.41x times, while NII subscribed 0.03x times and RII investors subscribed 0.07x times.
  • The company has received bids for 1,39,83,060 shares against 8,70,25,526 shares on offer on the second day.
  • Hexaware Technologies IPO Subscribed over 0.16x on day 2.
  • Hexaware Technologies IPO Subscribed over 0.04x on day 1.

About Hexaware Technologies IPO

First and foremost, in this fast-paced generation, IT and business-related solutions are the most important for every human being, while Hexaware is one of the top companies that provide IT and business solutions to their customers. Moreover, they have a main motto to satisfy customers. Hexaware company was founded in 1990, and since then to till now, it has had around 38 delivery spots as well as 16 offices in the Americas, Europe, and APAC regions. With 31,870 professionals across 28 countries, a strong presence allows it to serve diverse markets, including 31 Fortune 500 clients.

Hexaware company has six major sectors: Financial Services, Healthcare and Insurance, Manufacturing and Consumer, Hi-Tech and Professional Services, Banking, and Travel and Transportation. Moreover, it has five main services: Design & Build, Secure & Run, Data & AI, Optimize, and Cloud Services—which are the heart of its offerings.

Hexaware Technologies IPO Company Financial Report

The company reported revenue of ₹10,389.10 crores in December 2023 against ₹9,378.8 crore in December 2022. The company reported a profit of ₹997.6 crores in December 2023 against a profit of ₹884.2 crores in December 2022.

Hexaware Technologies IPO GMP:

Hexaware Technologies IPO GMP was ₹2 as of Thursday, 13th February. That indicates the IPO is trading at ₹710 with ₹2 premium in the grey market against the issue price of ₹708.

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