Hexaware Applied sciences Share Value Dwell Updates: Hexaware Applied sciences Ltd is poised to make its debut on the inventory market right this moment. Shares of Hexaware Applied sciences will likely be listed on each the BSE and NSE right this moment. The preliminary public providing (IPO) for Hexaware Applied sciences Ltd was out there from February 12 to 14, with the itemizing date being February 19.
Hexaware Applied sciences IPO achieved full subscription on the final day of bidding, concluding with a subscription charge of two.66 occasions, bolstered by help from institutional patrons.
The phase allotted for Certified Institutional Consumers (QIBs) noticed a subscription charge of 9.09 occasions. The portion designated for Non-Institutional Buyers recorded a subscription charge of 20 p.c, whereas the Retail Particular person Buyers (RIIs) quota was subscribed at 11 p.c.
Hexaware Applied sciences Ltd has raised ₹2,598 crore from institutional traders. Hexaware Applied sciences IPO value band has been set at ₹674-708 per share for its preliminary public providing (IPO). Valued at greater than ₹43,000 crore on the highest finish of the pricing spectrum, the corporate seeks substantial funding.
The first share providing from the Mumbai-based firm contains a complete Provide for Sale (OFS) of fairness shares amounting to ₹8,750 crore from its promoter CA Magnum Holdings, which is affiliated with the Carlyle Group.
Hexaware’s public providing stands as the biggest within the Indian IT providers sector since Tata Consultancy Providers’ IPO exceeding ₹4,700 crore over twenty years in the past.
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Hexaware Applied sciences Share Value Dwell Updates: Take a look at the itemizing group
Buying and selling Members of the Alternate are knowledgeable that beginning Wednesday, February 19, 2025, the fairness shares of Hexaware Applied sciences Restricted will likely be listed and allowed for buying and selling on the Alternate throughout the ‘B’ Group of Securities, based on a discover from the BSE.
Hexaware Applied sciences Share Value Dwell Updates: This is what Hexaware IPO GMP sign forward of itemizing
Hexaware Applied sciences IPO GMP or Hexaware Applied sciences IPO gray market premium was ₹0, which meant shares have been buying and selling at their subject value of ₹708 with no premium or low cost within the gray market based on investorgain.com
At the moment’s IPO GMP is pointing decrease and is predicted to say no additional primarily based on the gray market exercise over the past 14 periods. Consultants on investorgain.com say that the bottom GMP is ₹0.00 and the utmost is ₹19.
‘Gray market premium’ signifies traders’ readiness to pay greater than the difficulty value.
Disclaimer: The views and proposals above are these of particular person analysts, consultants and broking corporations, not of Mint. We advise traders to test with licensed consultants earlier than making any funding determination.
