Hexaware Technologies IPO Subscribed 2.05x on Day 3

Hexaware Technologies IPO Subscribed over 2.05x on its last day of subscription wherein QIB subscribed 6.89x, NII subscribed 0.22x, and RII subscribed 0.12x.

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 2.05x on its last day till 05.00 PM on 14th February 2025.

Hexaware Technologies IPO subscription QIB investors portion is 6.89x times, while NII subscribed 0.22x times and RII investors subscribed 0.12x times.
The company has received bids for 17,80,54,779 shares against 8,70,25,526 shares on offer on the last 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 Friday, 14th February. That indicates the IPO is trading at ₹710 with ₹2 premium in the grey market against the issue price of ₹708.

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

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Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.