Hexaware Technologies Limited
Hexaware Technologies Limited is a global digital and technology services provider, operating across six industry-focused segments: Financial Services, Healthcare & Insurance, Manufacturing & Consumer, Hi-Tech & Professional Services, Banking, and Travel & Transportation. Its offerings span five key areas—Design & Build, Secure & Run, Data & AI, Optimize, and Cloud Services—delivered through AI-enabled platforms like RapidX™ for digital transformation, Tensai® for AI automation, and Amaze® for cloud adoption. Serving clients across the Americas, Europe, and APAC (including India and the Middle East), the company drives innovation and efficiency in the digital era.
Price Band₹674 - ₹708 |
Dates12 Feb - 14 Feb |
GMP₹37.5 (5.30%) |
Subscriptions2.66 times |
Issue Size₹8,750.00 Crs |
Hexaware IPO Objects
The company will not receive any funds as it is an offer for sale by existing investors.
Hexaware IPO Details
Price Band₹674 - ₹708 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹0.00 (0.00 Shares) |
Offer For Sale₹8,750.00 Cr (12.37 Cr Shares) |
Total Issue₹8,750.00 Cr (12.37 Cr Shares) |
Face Value₹1 per equity share |
Hexaware IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
21
14,868
Maximum
13
273
1,93,284
|
|||
| Small HNI |
Minimum
14
294
2,08,152
Maximum
67
1,407
9,96,156
|
|||
| Big HNI |
Minimum
68
1,428
10,11,024
|
|||
Hexaware IPO Subscription
Updated as on 14-Feb-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 9.09 | 2,56,97,329 | 23,36,61,582 |
| NII | 0.20 | 1,92,72,997 | 39,48,924 |
| bNII (bids above ₹10L) | 0.23 | 1,28,48,665 | 29,58,816 |
| sNII (bids between ₹2L to ₹10L) | 0.15 | 64,24,332 | 9,90,108 |
| Retail | 0.11 | 4,49,70,327 | 47,64,102 |
| Employee | 0.32 | 14,82,701 | 4,70,358 |
| Total | 2.66 | 9,14,23,354 | 24,28,44,966 |
Subscription data excludes the Anchor Investor portion.
Hexaware IPO GMP
The estimated Grey Market Premium of Hexaware IPO is ₹37.5 per share (5.30%)
- GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
- The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Hexaware IPO Financials
| Particulars | Sep-24 | Dec-23 | Dec-22 | Dec-21 |
|---|---|---|---|---|
| Revenue from Operations | 8,820.00 | 10,380.30 | 9,199.60 | 7,177.70 |
| Profit after Tax | 853.30 | 997.60 | 884.20 | 748.80 |
| Net Worth | 4,876.00 | 4,230.90 | 3,778.10 | 3,503.70 |
| Total Borrowing | 0.00 | 0.00 | 0.00 | 82.70 |
| Total Assets | 8,594.20 | 7,202.10 | 6,514.00 | 5,673.50 |
| NAV per share (in ₹) | 80.32 | 69.77 | 62.61 | 58.15 |
| EPS - Basic (in ₹) | 14.12 | 16.45 | 14.65 | 12.43 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | KPI |
|---|---|
| EBITDA (%) | 15.30 |
| PAT (%) | 9.60 |
| Price to earning (PE) | 43.00 |
| Mkt Cap (in Crs.) | 43,025 |
| Price to Book (PB) | 10.15 |
- All the data pertains to FY 2023-24.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Hexaware IPO Peer Comparision
| Particulars | Hexaware Technologies Limited | Persistent Systems Limited | Coforge Limited | LTIMindtree Limited | Mphasis Limited |
|---|---|---|---|---|---|
| Revenue from operations | 10,380.30 | 9,821.60 | 9,179.00 | 35,517.00 | 13,278.50 |
| Profit after Tax | 997.60 | 1,093.50 | 4,584.60 | 835.60 | 1,554.80 |
| EPS (Basic) | 16.45 | 72.44 | 131.56 | 154.85 | 82.42 |
| NAV per share | 69.77 | 321.82 | 586.63 | 676.55 | 465.33 |
| Price to Earning | 43.00 | 84.00 | 64.00 | 38.00 | 34.00 |
| EBITDA Margin | 15.30% | 17.10% | 18.00% | 16.10% | 18.20% |
| PAT Margin | 9.60% | 11.10% | 12.90% | 9.10% | 11.70% |
- All information pertains to FY 2023-24.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of February 4, 2025 for Peers
Hexaware IPO Peer Comparision
| Particulars | Hexaware Technologies Limited |
|---|---|
| Revenue from operations | 10,380.30 |
| Profit after Tax | 997.60 |
| EPS (Basic) | 16.45 |
| NAV per share | 69.77 |
| Price to Earning | 43.00 |
| EBITDA Margin | 15.30% |
| PAT Margin | 9.60% |
| Persistent Systems Limited | Coforge Limited | LTIMindtree Limited | Mphasis Limited |
|---|---|---|---|
| 9,821.60 | 9,179.00 | 35,517.00 | 13,278.50 |
| 1,093.50 | 4,584.60 | 835.60 | 1,554.80 |
| 72.44 | 131.56 | 154.85 | 82.42 |
| 321.82 | 586.63 | 676.55 | 465.33 |
| 84.00 | 64.00 | 38.00 | 34.00 |
| 17.10% | 18.00% | 16.10% | 18.20% |
| 11.10% | 12.90% | 9.10% | 11.70% |
- All information pertains to FY 2023-24.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of February 4, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| CA Magnum Holdings | 95.03% |
Management Details
| Name | Designation |
|---|---|
| Joseph McLaren Quinlan | Chairman |
| Srikrishna Ramakarthikeyan | Chief Executive Officer |
| Vikash Kumar Jain | Chief Financial Officer |
Company Details
HEXAWARE TECHNOLOGIES LIMITED
152, Millennium Business Park, Sector III, ‘A’ Block, TTC Industrial Area, Mahape , Navi Mumbai Maharashtra - 400 710, India
Phone :(+91) 22 3326 8585
E-mail: investori@hexaware.com
WEBSITE : www.hexaware.com
Book Running Lead Managers (BRLMs)
RTAs
KFin Technologies
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Hexaware IPO is a Mainboard IPO having an issue size of Rs. ₹8,750.00 Crs. Hexaware IPO is priced at ₹674 - ₹708 per share. The issue opens on 12 Feb 25 and closes on 14 Feb 25.
Hexaware IPO opens on 12 Feb 25 and closes on 14 Feb 25.
The estimated Grey Market Premium of Hexaware IPO is ₹37.5 per share (5.30%).
The minimum lot size of Hexaware IPO is 21 shares & the minimum application amount is Rs. 14868.
The allotment date of Hexaware IPO is 17 Feb 25.
The listing date of Hexaware IPO is 19 Feb 25.
Hexaware IPO is subscribed 2.66 times.
Hexaware IPO is priced at ₹674 - ₹708 per share.
Click the allotment link on Hexaware IPO page of IPO360.
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Hexaware IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
We are a one-stop destination for all your IPO needs. Get reliable, accurate, and timely information for all the IPOs in India!