Hexaware Technologies IPO

India’s most exciting IT firm Hexaware Technologies IPO is out. Hexaware Technologies raising ₹8,750 crore from public. Hexaware Technologies provides top-notch AI driven digital services, Business process outsourcing (BPO) and technology products and services. It was founded in 1992.

Hexaware Technologies IPO Details

IPO Open Date: February 12, 2025

IPO Close Date: February 14, 2025

Listing Date: Expected around February 20, 2025

Price Band: ₹674 – ₹708 per share

Lot size: 21 shares per lot

Minimum investment: ₹14,868

Issue size: ₹8,750 crore

Market exchange: NSE & BSE

Offer type: Offer for Sale (OFS) – The Carlyle Group is selling its stake

Hexaware Technologies IPO GMP

Today on 12 FEB 2025, Hexaware Technologies Grey Market Premium (GMP) is 3.5, which is 0.49% of listing gain if we calculated it with upper price band. The Grey Market Premium (GMP) changes every day, so it is not reliable information for predicting listing gains.

Note– The Grey Market Premium (GMP) is not an official price. It is calculated on speculation activities. The source of information is Business Standard Media Report dated February 12, 2025.

Hexaware Technologies Business Model:

Hexaware Technologies provide digital and technology services with their artificial intelligence (AI). Hexaware Technologies provide services to many sectors like financial services, healthcare, manufacturing, banking, travelling etc. the company also operates in other countries. Hexaware Technologies most popular AI-driven platform include RapidX™, Tensai®, and Amaze®. Hexaware Technologies operates in 6 major industries: Financial Services, Healthcare and Insurance, AI powered Hi-Tech and Professional Services, Travel Sectors and Banking Industry.

Hexaware Technologies has 39 delivery centers in 28 countries with, 32000 of employees. Hexaware Technologies shows 13.7% of CAGR revenue growth from FY 2021-2023.

Hexaware Technologies strength and risks:

Hexaware Technologies Strength:

1. The company has shown good revenue growth in the past. Growing profit, increasing their assets, decreasing their liabilities.
2. Hexaware Technologies has a great relationship with 31 fortune and 500 companies.
3. Hexaware Technologies has 39 global delivery centers excluded India and 16 offices with 32500+ employees of manpower.
4. Hexaware Technologies has 20 patents with 45 patents pending and 119 trademarks.
5. Hexaware Technologies serves industries like banking, healthcare, manufacturing etc

Hexaware Technologies Risk:

1. Most of the revenue of Hexaware Technologies comes from the Americas and Europe.
2. Hexaware Technologies vulnerable with cyberattack and hacking. Any cyberattack can harm the company very badly.
3. The company’s skilled professional employee retention is very low and can impact company growth and revenue in future.
4. Hexaware Technologies promoter selling their shareholding.
5. The money rays from IPO are only for OFS, that means existing investors want to exit with this public fund.

Hexaware Technologies IPO Peer Comparison

Company Name	PE Ratio (X)	EPS
Hexaware Technologies Limited	Not Available	23.6
Persistent Systems Limited	84	72.44
LTIMindtree Limited	38	154.85

How to Apply for Hexaware Technologies IPO?

You can apply for this IPO with your Demat Account, here is a step-by-step way to apply for Hexaware Technologies IPO:

1. Log in to your Demat Account Upstox, Zerodha, 5Paisa.
2. Go to the IPO section in your Demat account and find Hexaware Technologies.
3. Enter the Lot size and always place your bid at cut-off price if you are confident about that IPO.
4. Confirm your Payment with UPI, Net-banking.
5. Wait for your allotment on 18 Feb. If you do not get the IPO allotment, your blocked amount for the IPO is released in your bank account with the same method.
6. If you want to increase your chances to get IPO allotment. You can read, “How to Increase Your IPO Allotment Chance”.

Should You Invest in Hexaware Technologies IPO?

The Grey Market Premium (GMP) of Hexaware Technologies is only 0.49%, which is only 3.5 listing gain on this IPO, that is too low for short term investors and do not showing any interesting indication for apply this IPO for short term duration or just for listing gain purposes.

Hexaware Technologies Revenue growth increased by CAGR 13.7% for the FY 2021-23. This is a positive sign for long term investors. For those who see future and believe in IT sector they can bet on this IPO, but before applying for this IPO you should be aware about risk involved in IPO.

Note– IPO analysis is only for Education purpose & app