Hexaware Technologies: Hexaware Technologies shares get listed at 5.29% premium!Hexaware Technologies: Hexaware Technologies shares get listed at 5.29% premium!

Hexaware Technologies marked its market return with a strong IPO debut. On February 19, it listed at ₹745.50 on NSE, a 5.29% premium, and ₹731 on BSE, up 3.25%. The ₹8,750 crore IPO was open from February 12-14.

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Hexaware Technologies’ IPO saw lukewarm demand, with an overall subscription of 2.79 times. It received bids for 24.28 crore shares against 8.7 crore on offer. While QIBs subscribed 9.55 times, retail, NII, and employee categories saw lower interest at 11%, 21%, and 33%, respectively.

Hexaware Technologies Limited, founded in 1992, is a global digital and technology services provider leveraging artificial intelligence for innovative solutions. With major offshore delivery centers in India and Sri Lanka, the company plans to expand into Tier 2 cities, including Ahmedabad, to strengthen its AI-driven capabilities.

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The objective of Hexaware Technologies IPO is to provide an exit for existing investors through an offer for sale (OFS). The proceeds will not go to the company but will help promoters and shareholders monetize their holdings while enhancing market visibility.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.