Hexaware Technologies Limited, founded in 1992, operates in the global digital and technology services sector, leveraging artificial intelligence (AI) to drive innovation. The company utilizes advanced technology to deliver cutting-edge solutions, enabling customers to adapt, innovate, and thrive in an AI-driven world.
Hexaware has established major offshore delivery centers in India, including Chennai, Pune, Bengaluru, and Noida, as well as in Sri Lanka. The company is also planning to expand its footprint into Tier 2 cities and set up new centers in Ahmedabad. As of September 30, 2024, Hexaware boasts a global delivery network with 39 centers and 16 offices spread across the Americas, Europe, and the Asia-Pacific (APAC) region.
Business Segment: The company provides services across six key industries: Financial Services, Healthcare & Insurance, Manufacturing & Consumer, Hi-Tech & Professional Services, Banking, and Travel & Transportation. As of September 30, 2024, Hexaware employs a total of 32,536 individuals, comprising 30,171 full-time employees and 2,365 contracted staff.
Hexaware Technologies IPO open date is February 12, 2025 and the IPO will close on February 14, 2025. Hexaware Technologies IPO price band is ₹674 to ₹708 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Hexaware Technologies IPO to list on BSE, NSE on February 19, 2025. The allotment of Hexaware Technologies IPO date is February 17, 2025. The company reported revenue of ₹10,389.10 crores in December, 2023 against ₹9,378.8 crore in December 2022. The company reported profit of ₹997.6 crores in December, 2023 against profit of ₹884.2 crores in December, 2022.
Hexaware Technologies IPO Details
| IPO Open Date: | February 12, 2025 |
| IPO Close Date: | February 14, 2025 |
| Face Value: | ₹1 Per Equity Share |
| IPO Price Band: | ₹674 to ₹708 Per Share |
| Issue Size: | Approx ₹8,750.00 Crores |
| Offer for Sale: | Approx 12,35,87,570 Equity Shares |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
Hexaware Technologies IPO Timeline
| IPO Open Date: | February 12, 2025 |
| IPO Close Date: | February 14, 2025 |
| Basis of Allotment: | February 17, 2025 |
| Refunds: | February 18, 2025 |
| Credit to Demat Account: | February 18, 2025 |
| IPO Listing Date: | February 19, 2025 |
Hexaware Technologies IPO Lots
| IPO Activity | Date |
|---|---|
| Issue Price | ₹674.00-708.00 |
| Market Lot: | 21 Shares |
| 1 Lot Amount: | ₹14,868 |
| Min Small HNI Lots(2-10 Lakh): | 294 shares (14 lots) – ₹2,08,152 |
| Min Big HNI Lots(10+ Lakh): | 1428 shares (68 lots) – ₹10,11,024 |
Hexaware Technologies Financial Report: Key Metrics & Insights
| Period Ended | 30 Sep 2024 | 31 Dec 2023 | 30 Sep 2023 | 31 Dec 2022 | 31 Dec 2021 |
| Assets | 8,594.2 | 7,202.1 | 7,021.2 | 6,514 | 5,673.5 |
| Revenue | 8,871.3 | 10,389.1 | 7,763.1 | 9,378.8 | 7,244.6 |
| Profit After Tax | 853.3 | 997.6 | 804.8 | 884.2 | 748.8 |
| Net Worth | 4,876 | 4,230.9 | 4,294 | 3,778.1 | 3,503.7 |
| Reserves and Surplus | 4,816.7 | 4,171.6 | 4,234.7 | 3,719.1 | 3,444.8 |
| Total Borrowing | 82.7 |
