Hexaware technology IPO: key info

Hexaware technology IPO Detail


Hexaware Technologies IPO, a digital and technological services corporation with a focus on synthetic intelligence (ai), is about to launch its initial public providing (IPO). Here is the key information:

Ipo dates:

Subscription opens: February 12, 2024

Subscription closes: February 14, 2024

Listing date: February 19, 2024

Offer structure:

The IPO is completely a suggestion for the sale (OFS) of 12.36 crore stocks by present shareholders.

The corporation will now not obtain any proceeds from the IPO.

Rate band:

Constant at ₹674 to ₹708 consistent with percentage.

Lot size:

Minimal investment: 21 stocks (₹14,868 on the higher fee band).

Reservation:

50% for qualified institutional buyers (qibs).

35% for retail buyers.

15% for non-institutional buyers.

Anchor traders:

Bidding opens on February eleven, 2024.

Allotment date:

Anticipated to be finalized on February 17, 2024.

List:

Stocks will be listed on BSE and NSE on February 19, 2024.

E book-going for walks lead managers:

Kotak Mahindra Capital, JP Morgan India, HSBC Securities, Citigroup global markets, and iifl Securities.

Registrar:

Kfin Technologies Ltd. is Registrar For Hexaware technology IPO

Hexaware technology focuses on offering modern virtual transformation solutions powered through AI, catering to worldwide consumers.

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