Hexaware Technologies IPO: Key Details & Summary
Hexaware Technologies IPO is expected to launch in 2025, with an estimated issue size of ₹9,950 crores. The IPO will be a Book Built Issue, consisting of a fresh issue of ₹[.] crores and an offer for sale (OFS) of [.] equity shares with a face value of ₹1 per share.
The IPO price band is yet to be determined, and the company has allocated 35% for retail investors, 50% for QIB (Qualified Institutional Buyers), and 15% for HNI (High Net-worth Individuals). The shares are planned to be listed on BSE and NSE. The IPO allotment date, refund initiation, and listing date will be confirmed closer to the launch.
Financially, the company reported revenue of ₹10,389.10 crores in December 2023, a growth from ₹9,378.8 crores in December 2022. The net profit also increased from ₹884.2 crores in December 2022 to ₹997.6 crores in December 2023, indicating strong financial performance.
Hexaware Technologies IPO Details
| IPO Details | Information |
|---|---|
| IPO Open Date | 2025 (Exact Date TBA) |
| IPO Close Date | 2025 (Exact Date TBA) |
| Face Value | ₹1 Per Equity Share |
| IPO Price Band | ₹[.] to ₹[.] Per Share |
| Issue Size | Approx ₹9,950 Crores |
| Fresh Issue | ₹[.] Crores |
| Offer for Sale | [.] Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE & NSE |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
Hexaware Technologies IPO Market Lot
The minimum market lot for Hexaware Technologies IPO will be confirmed later. Retail investors can apply for up to 13 lots, while HNIs can bid for larger allocations.
| Application Type | Lot Size | Shares | Amount (₹) |
|---|---|---|---|
| Retail Minimum | 1 | – | – |
| Retail Maximum | 13 | – | – |
| S-HNI Minimum | 14 | – | – |
| B-HNI Minimum | 68 | – | – |
Hexaware Technologies IPO Important Dates
| Event | Date |
|---|---|
| IPO Open Date | 2025 (TBA) |
| IPO Close Date | 2025 (TBA) |
| Basis of Allotment | 2025 (TBA) |
| Refunds Initiation | 2025 (TBA) |
| Credit to Demat | 2025 (TBA) |
| IPO Listing Date | 2025 (TBA) |
Hexaware Technologies IPO Promoters
The promoter of Hexaware Technologies IPO is:
- CA Magnum Holdings
About Hexaware Technologies
Hexaware Technologies, founded in 1990, is a leading IT and business solutions provider. The company operates with 38 delivery centers and 16 offices across Americas, Europe, and APAC regions. With a workforce of 31,870 professionals across 28 countries, the company serves a diverse market, including 31 Fortune 500 clients.
Key Business Segments
Hexaware operates in six major industries:
- Financial Services
- Healthcare & Insurance
- Manufacturing & Consumer
- Hi-Tech & Professional Services
- Banking
- Travel & Transportation
Key Service Offerings
The company provides five core services, which form the backbone of its operations:
- Design & Build
- Secure & Run
- Data & AI
- Optimize
- Cloud Services
Hexaware Technologies Financial Report
| Year | Revenue (₹ Cr.) | Expenses (₹ Cr.) | Profit After Tax (₹ Cr.) | Total Assets (₹ Cr.) |
|---|---|---|---|---|
| Dec 2021 | 7,244.6 | 6,303.4 | 748.8 | 5,673.5 |
| Dec 2022 | 9,378.8 | 8,255.8 | 884.2 | 6,514.0 |
| Dec 2023 | 10,389.1 | 9,120.6 | 997.6 | 7,202.1 |
| June 2024 | 5,724.4 | 4,987.0 | 553.6 | 7,956.8 |
Hexaware Technologies IPO Valuation (FY2023)
| KPI | Value |
|---|---|
| ROE (Return on Equity) | –% |
| ROCE (Return on Capital Employed) | –% |
| EBITDA Margin | 15.3% |
| PAT Margin | 9.6% |
| Debt-to-Equity Ratio | NA |
| Earnings Per Share (EPS) | ₹16.45 (Basic) |
| Price/Earnings (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 23.6% |
| Net Asset Value (NAV) | ₹69.77 |
Peer Comparison
| Company | EPS (₹) | P/E Ratio | RoNW % | NAV (₹) | Revenue (₹ Cr.) |
|---|---|---|---|---|---|
| Persistent Systems Ltd | 72.44 | 73 | 22.1% | 321.82 | 9,821.6 |
| Coforge Ltd | 131.56 | 50 | 23.0% | 586.63 | 9,179 |
| LTIMindtree Ltd | 154.85 | 40 | 22.9% | 676.55 | 35,517 |
| Mphasis Ltd | 82.42 | 37 | 17.7% | 465.33 | 13,278.5 |
Objectives of the Issue
The objectives of the issue will be updated soon.
Hexaware Technologies IPO Registrar
KFin Technologies Limited
📞 Phone: (+91) 40 6716 2222
📧 Email: hexaware.ipo@kfintech.com
🌐 Website
Hexaware Technologies IPO FAQs
✅ What is the Hexaware Technologies IPO issue size?
The IPO issue size is ₹9,950 crores.
✅ What is the IPO price band?
The price band is yet to be announced.
✅ When will the IPO be listed?
The IPO is expected to be listed on BSE & NSE in 2025.
✅ How to apply for Hexaware Technologies IPO?
Investors can apply via ASBA through their bank account or UPI through a stockbroker.
✅ Is Hexaware Technologies IPO a good investment?
With strong financials and industry presence, long-term investors may find it attractive.
🚀 Stay tuned for updates on Hexaware Technologies IPO!