Hexaware Technologies Limited proposes to open an initial public offering of its equity share of the face value of ₹1 each on Wednesday, February 12, 2025. The Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, being Tuesday, February 11, 2025. The Bid/ Offer Closing Date is Friday, February 14, 2025.
- Issue Opens: Wednesday, February 12, 2025
- Issue Closes: Friday, February 14, 2025
- Face Value: Rs 1 each
- Price Band: Rs 674 to Rs 708 per share
- Lot Size: 21 Shares
- Listing On: BSE & NSE
The Price Band of the Offer has been fixed from ₹ 674 per Equity Share to ₹ 708 per Equity Share. Bids can be made for a minimum of 21 Equity Shares and multiples of 21 Equity Shares thereafter.
The initial public offering comprises an offer for sale of Equity Shares aggregating up to ₹ 8,750 crores by CA Magnum Holdings.
Incorporated in 1992, Hexaware Technologies Limited is engaged in the business of global digital and technology services with artificial intelligence. The company uses technology to offer innovative solutions, integrating AI to help customers adapt, innovate, and improve in the AI-driven world.
The company has major offshore delivery centers in India (Chennai, Pune, Bengaluru, Noida, etc.) and Sri Lanka. It plans expansion into Tier 2 cities and aims to open new centers in Ahmedabad. As of September 30, 2024, the company has a global delivery presence with 39 centers and 16 offices across the Americas, Europe, and APAC. Company provides services in its operating segments across six industries Financial Services, Healthcare & and; Insurance, Manufacturing & and; Consumer, Hi-Tech & and; Professional Services, Banking, and Travel & and Transportation.
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