Hexaware Technology IPO aims to raise Rs 8,750 Crores through this offering, with entirely an offer for sale. The face value of the equity shares Rs 1 each, with a price band ranging from Rs 674 to Rs 708 per share. The minimum order quantity is 21 shares, translating to a minimum investment of Rs 14868. Retail Shares Offered 34.6 %, QIB Shares Offered 19.77% and HNI Shares Offered 14.83% Hexaware Technology IPO List on NSE on 19 February 2025
The book running lead managers for this IPO are 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 and IIFL Capital Services Limited (formerly known as IIFL Securities Limited), ensuring a smooth and efficient process for all investors. Kotak Mahindra Bank Limited, HDFC Bank Limited and Axis Bank Limite have been appointed as the sponsor banks, providing support for the IPO’s financial transactions. Additionally, the official registrar for the IPO is KFin Technologies Limited, offering reliable services for all share-related processes.
Hexaware Technology IPO Key Dates
Hexaware Technology IPO Open Date is 12 February and Close Date is 14 February.
| IPO Open Date | 12 Feb 2025 |
| IPO Close Date | 14 Feb 2025 |
| Allotment | 15 Feb 2025 |
| Credit of Shares | 18 Feb 2025 |
| Listing Date | 19 Feb 2025 |
Hexaware Technology IPO Financial Information
All the figures below are in Crores.
| 30-Sep-2024 | 31-Dec-2023 | 31-Dec-2022 | 31-Dec-2021 | |
|---|---|---|---|---|
| Assets | 8,594.2 | 7,202.1 | 6,514 | 5,673.5 |
| Borrowing | – | – | 82.7 | – |
| Reserve | 4,816.7 | 4,171.6 | 3,719.1 | 3,444.8 |
| Income | 8871 | 10389 | 9378 | 7244 |
| Expenses | 7728 | 9120 | 8255 | 6303 |
| PBT | 1143.3 | 1268.5 | 1123 | 941.2 |
| PAT | 853.3 | 997.6 | 884.2 | 748.8 |
Hexaware Technology IPO Key Indicators
All the figures provided below are based on the financial statement as of Dec 31 2023
| EPS(D) | 16.41 |
| RoNW | 23.6% |
| NAV | 69.77 |
| PAT Margin | 9.6% |
| P/E(D) | – |
| ROE | – |
| ROCE | – |
Hexaware Technology IPO Peer Comparison
| EPS | P/E | RoNW | NAV | |
|---|---|---|---|---|
| Hexaware | 16.41 | – | 23.6% | 69.77 |
| Persistent Systems | 71.07 | 84 | 22.1% | 321.82 |
| Coforge | 129.59 | 64 | 23.0% | 586.63 |
| LTIMindtree | 154.48 | 38 | 22.9% | 676.55 |
| Mphasis | 81.83 | 34 | 17.7% | 465.33 |
Hexaware Technology Management
| Name | Designation |
|---|---|
| Joseph McLaren Quinlan | Non-Executive Independent Director and Chairman |
| Srikrishna Ramakarthikeyan | Whole-time Director and Chief Executive Officer |
| Neeraj Bharadwaj | Non-Executive Non-Independent Director |
| Sandra Joy Horbach | Non-Executive Non-Independent Director |
| Julius Michael Genachowski | Non-Executive Non-Independent Director |
| Lucia De Fatima Soares | Non-Executive Non-Independent Director |
BOOK RUNNING LEAD MANAGER
Kotak Mahindra Capital Company
Limited 1st Floor, 27 BKC, Plot No. C-27 ‘G’ Block, Bandra Kurla Complex Bandra (East),
Mumbai 400 051 Maharashtra, India
Tel: (+91) 22 4336 0000
E-mail: hexaware.ipo@kotak.com
Website: https://investmentbank.kotak.com
Investor Grievance E-mail: kmccredressal@kotak.com
Contact Person: Ganesh Rane
SEBI Registration No.: INM000008704
BOOK RUNNING LEAD MANAGER
Citigroup Global Markets India Private Limited 1202, 12th Floor, First International Financial Centre G Block Bandra Kurla Complex Bandra (East) Mumbai – 400 098 Maharashtra, India
Tel: (+91) 22 6175 9999
E-mail: hexaware.ipo@citi.com
Website: www.online.citibank.co.in/rht m/citigroupglobalscreen1.htm
Investor Grievance E-mail: investors.cgmib@citi.com
Contact Person: Karan Singh Hundal
SEBI Registration No.: INM000010718
BOOK RUNNING LEAD MANAGER
J.P. Morgan India Private Limited J.P. Morgan Tower, Off C.S.T Road, Kalina Santacruz (East) Mumbai 400 098 Maharashtra, India
Tel: (+ 91) 22 6157 3000
E-mail: Hexaware_IPO@jpmorgan.com
Website: www.jpmipl.com
Investor Grievance E-mail:
investorsmb.jpmipl@jpmorgan.com
Contact Person: Himanshi Arora / Rishank Chheda
SEBI Registration No.: INM000002970
BOOK RUNNING LEAD MANAGER
HSBC Securities and Capital Markets (India) Private Limited 52/60, Mahatma Gandhi Road
Fort, Mumbai 400 001 Maharashtra, India
Tel: (+ 91 22) 6864 1289
E-mail: hexawareipo@hsbc.co.in
Website: www.business.hsbc.co.in Investor Grievance Email: investorgrievance@hsbc.co.in Contact Person: Harsh Thakkar / Harshit Tayal SEBI Registration No.: INM000010353
BOOK RUNNING LEAD MANAGER
IIFL Capital Services Limited (formerly knownas IIFL Securities Limited) 24th Floor, One Lodha Place Senapati Bapat Marg Lower Parel (West)
Mumbai 400013 Maharashtra, India
Tel: (+ 91) 22 4646 4728
E-mail: hexaware.ipo@iiflcap.com
Website: www.iiflcap.com
Investor Grievance E-mail: ig.ib@iiflcap.com
Contact Person: Mukesh Garg/ Pawan Jain
SEBI Registration No.: INM000010940
REGISTRAR TO THE OFFER
KFin Technologies Limited Selenium, Tower B, Plot No. 31- 32, Gachibowli, Financial District, Nanakramguda Hyderabad – 500 032 Telangana, India
Tel: (+91) 40 6716 2222
E-mail: hexaware.ipo@kfintech.com
Website: www.kfintech.com
Investor Grievance E-mail: einward.ris@kfintech.com
Contact Person: M. Murali Krishna
SEBI Registration No: INR000000221
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