Hexaware Technologies IPO GMP Today, Date, Price, Subscription Status 

Hexaware Technologies IPO Overview

Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited, Hsbc Securities & Capital Markets Pvt Ltd, Iifl Securities Ltd are the book running lead manager of the Hexaware Technologies IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Hexaware Technologies IPO RHP for detailed information.

Hexaware Technologies IPO Important dates

Hexaware Technologies IPO opens on February 12, 2025, and closes on February 14, 2025.

IPO Open Date	Wednesday, February 12, 2025
IPO Close Date	Friday, February 14, 2025
Basis of Allotment	Monday, February 17, 2025
Initiation of Refunds	Tuesday, February 18, 2025
Credit of Shares to Demat	Tuesday, February 18, 2025
Listing Date	Wednesday, February 19, 2025
Cut-off time for UPI mandate confirmation	5 PM on February 14, 2025

Hexaware Technologies IPO Financial Performance

Hexaware Technologies IPO Key Performance Indicator

Hexaware Technologies IPO Objectives

The Company will not receive any proceeds from the Offer for Sale

Hexaware Technologies IPO Lot Size

Investors can bid for a minimum of 21 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (Min)	1	21	₹14,868
Retail (Max)	13	273	₹1,93,284
S-HNI (Min)	14	294	₹2,08,152
S-HNI (Max)	67	1,407	₹9,96,156
B-HNI (Min)	68	1,428	₹10,11,024
Lot Size Calculator

Hexaware Technologies IPO Details

IPO Date	February 12, 2025 to February 14, 2025
Listing Date	[.]
Face Value	₹1 per share
Price Band	₹674 to ₹708 per share
Lot Size	21 Shares
Total Issue Size	12,35,87,570 shares (aggregating up to ₹8,750.00 Cr)
Offer for Sale	12,35,87,570 shares of ₹1 (aggregating up to ₹8,750.00 Cr)
Employee Discount	67.00
Issue Type	Book Built Issue IPO
Listing At	BSE, NSE

Hexaware Technologies IPO Company Overview and Services

Incorporated in 1992, Hexaware Technologies Limited is engaged in the business of global digital and technology services with artificial intelligence.

The company uses technology to offer innovative solutions, integrating AI to help customers adapt, innovate, and improve in the AI-driven world.

The company has major offshore delivery centers in India (Chennai, Pune, Bengaluru, Noida, etc.) and Sri Lanka. It plans expansion into Tier 2 cities and aims to open new centers in Ahmedabad.

As of September 30, 2024, the company has a global delivery presence with 39 centers and 16 offices across the Americas, Europe, and APAC.

Business Segment: The company provides services in its operating segments across six industries Financial Services, Healthcare & and; Insurance, Manufacturing & and; Consumer, Hi-Tech & and; Professional Services, Banking, and Travel & and Transportation.

Platforms: The company offers services through AI-powered platforms like RapidX™ for digital transformation, Tensai® for automation, and Amaze® for cloud adoption, serving customers globally across multiple regions.

Services:

• Design & Build: The company helps customers drive digital transformation by integrating technologies across products and services, focusing on new product launches, software development, and enhancing ERP systems to improve time to market and productivity.
• Secure & Run: The company secures, manages, and optimizes IT operations across applications, middleware, data, devices, and hybrid infrastructure for customers.
• Data & AI: The company creates robust data foundations for customers, enabling sustainable data value creation. Using AI and ML technologies, it transforms data into actionable insights, enhancing agility and trust in business decisions.
• Optimize: The company’s Gen AI-powered business process services enable personalized interactions, automation, analytics, and talent management across various industries.
• Cloud Services: The company’s Cloud Services serve as the foundation, leveraging cloud capabilities across all service lines for enhanced offerings.

As of September 30, 2024, the company has 32,536 employees, of which 30,171 are full-time employees and 2,365 are contracted employees.

Competitive Strength:

• Deep domain expertise delivered through comprehensive solutions across industries
• AI-led digital capabilities and platforms built in-house with innovation as a strategic pillar
• Long-term and embedded relationships with diversified blue-chip customer base
• Go-to-market strategy focused on customer acquisition and expansion
• Global, scalable, flexible delivery model with a certified and skilled talent pool
• Experienced and tenured leadership driving a people-first and thriving organizational culture
• Track record of growth and cash generation

Hexaware Technologies IPO SWOT Analysis

It’s tricky to give a full SWOT analysis for Hexaware Technologies IPO specifically, as that would require information about the IPO itself (offer price, etc.) and how it’s positioned. However, I can provide a general SWOT for Hexaware as a company, which is relevant to understanding their potential as an investment:

Strengths

• Strong Focus on Automation and Digital Transformation: Hexaware has positioned itself well in key growth areas of IT services, with a focus on automation, cloud, and customer experience.
• Niche Expertise: They have carved out expertise in specific verticals like Banking & Financial Services, Healthcare, and Travel & Transportation, giving them an edge.
• Global Presence: Hexaware has a significant international presence, reducing reliance on any single market.
• Strong Financial Performance: Generally, the company has shown healthy revenue growth and profitability.

Weaknesses

• Mid-Sized Player: Compared to giants like TCS or Infosys, Hexaware is a mid-sized player, which can mean less pricing power and resources.
• Dependence on Key Clients: Like many IT services firms, they may have some dependence on a few large clients, posing a risk if those relationships change.
• Competition: The IT services market is extremely competitive, with both established players and new entrants constantly vying for business.

Opportunities

• Growing Demand for Digital Services: The global push for digital transformation creates huge demand for Hexaware’s core offerings.
• Cloud Adoption: The continued shift to cloud computing is a major opportunity for growth.
• Strategic Acquisitions: Hexaware can use acquisitions to expand its capabilities, verticals, or geographic reach.
• Emerging Technologies: Investing in areas like AI and machine learning can provide a competitive advantage.

Threats

• Economic Downturn: A global recession or slowdown in key markets could reduce IT spending.
• Talent Acquisition and Retention: Attracting and keeping skilled IT professionals is a constant challenge.
• Rapid Technological Change: The need to constantly adapt to new technologies requires ongoing investment and can be disruptive.
• Pricing Pressure: Competition can lead to pressure on pricing and margins.

Hexaware Technologies IPO GMP Details

What is IPO GMP?

The grey market premium (GMP) reflects the unofficial trading price of an IPO before its listing, offering insights into its potential market performance. A positive GMP indicates that the IPO may yield profits, while a negative GMP suggests a possible discount upon listing. However, it’s essential to recognize that IPO GMP can be highly volatile. Therefore, investors should not make decisions solely based on the GMP but should thoroughly assess all relevant factors before investing.

Hexaware Technologies IPO Subscription Status 

Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.

Hexaware Technologies IPO Allotment status 

Hexaware Technologies IPO allotment is expected on Monday, February 17, 2025.

Hexaware Technologies IPO allotment status is not available at this time. Hexaware Technologies IPO – The allotment status will be available once the basis of allotment is finalized. Please revisit us to check the latest updates for Hexaware Technologies Limited IPO allotment status.

Hexaware Technologies IPO Contact Details

Hexaware Technologies Limited
152, Millennium Business Park,
Sector III, ‘A’ Block, TTC Industrial Area,
Mahape, Navi Mumbai, 400 710
Phone: +91 223326 8585
Email: investori@hexaware.com
Website: http://www.hexaware.com/

Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.

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