Hexaware Technologies IPO: Subscription
The first public offering, with a price range of £674 to £708 per share, received bids of 24,28,44,966 shares on the 9,14,23,354 shares on offer, translated into a 2.66x subscription. It was done.
Hexaware Technologies IPO: Goals
The issue is only shares (OFS) worth 8,750 crores (OFS) by Carlisle Group’s CA Magnum Holdings.
Because it is only OFS, the entire IPO revenue is sent to the sales shareholders. The company does not receive funds.
The Hexaware Technologies list will take place on Wednesday, February 19th at 10am on shares related to the National Stock Exchange (NSE) and BSE (formerly the Bombay Stock Exchange).
Hexaware Tech IPO: Financials
In fiscal year 2022-23 (FY2023), the company increased revenue from its operations to 12.83% to 10,380.3 crore, compared to 9,199.6 crore in the previous fiscal year.
The company’s net profit increased 12.82% in 2023 to 997.6 crore, compared to 884.2 crore in 2022.
For the nine months ended September 2024, net income and revenue were 853.3 crores and 8,820 crores, respectively.
Hexaware Technologies offers digital and technology services specialized in AI-driven solutions.
