Hexaware Technologies, established in 1990, is a leading IT and business solutions provider. With a global presence spanning 28 countries, the company operates across 38 delivery centers and 16 offices in the Americas, Europe, and the APAC regions. It serves a diverse clientele, including 31 Fortune 500 companies, through six major industry verticals:
Hexaware Technologies IPO: Important Dates
| Event | Date |
|---|---|
| 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 Details
IPO Open & Close Dates: February 12, 2025 – February 14, 2025
Listing: BSE & NSE
Listing Date: February 19, 2025
Issue Size: ₹8,750.00 crores (includes fresh issue and offer for sale of up to 12,35,87,570 equity shares)
Price Band: ₹674 – ₹708 per share
Face Value: ₹1 per equity share
Allotment Date: Finalized on February 17, 2025
Refund Initiation: February 18, 2025
Demat Credit: February 18, 2025
Lot Size: Minimum market lot of 21 shares (₹14,868). Retail investors can apply for up to 13 lots (273 shares) totaling ₹1,93,284.
Quota: Retail – 35%, QIB – 50%, HNI – 15%
Registrar: KFin Technologies Limited
Lead Managers:
Kotak Mahindra Capital Company Limited
Citigroup Global Markets India Private Limited
J.P. Morgan India Private Limited
HSBC Securities and Capital Markets (India) Private Limited
IIFL Securities Limited
Financial Performance
Hexaware Technologies has demonstrated steady financial growth over recent years:
Revenue:
December 2021: ₹7,244.6 crores
December 2022: ₹9,378.8 crores
December 2023: ₹10,389.10 crores
September 2024: ₹8,871.3 crores
Profit After Tax (PAT):
December 2021: ₹748.8 crores
December 2022: ₹884.2 crores
December 2023: ₹997.6 crores
September 2024: ₹853.3 crores
Total Assets:
December 2021: ₹5,673.5 crores
December 2022: ₹6,514.0 crores
December 2023: ₹7,202.1 crores
September 2024: ₹8,594.2 crores
Key Performance Indicators (FY2023):
EBITDA Margin: 16.2%
PAT Margin: 9.6%
Earnings Per Share (EPS): ₹16.45 (Basic)
Return on Net Worth (RoNW): 23.6%
Net Asset Value (NAV): ₹69.77
With a track record of consistent growth in revenue and profitability, Hexaware Technologies presents a compelling investment opportunity in the upcoming IPO.
