Hexaware Technologies IPO GMP is 30 indicating mid bullish sentiment among investors. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online. If the subscription got oversubscribed then Hexaware Technologies IPO GMP might rise in the coming days.
Hexaware Technologies IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 15% or above, then the possibility of the oversubscription increases.
However, if the Live IPO GMP quotes is below 10% premium, then most investors tend to lose interest in applying in the IPO and the probability of the under-subscription increases.
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Hexaware Technologies IPO FAQ
1. What are the details of Hexaware Technologies IPO?
Hexaware Technologies IPO is a book-built issue of Rs 8,750 crore. This upcoming IPO is offering entirely an offer for the sale of 12.36 crore equity shares; there is no fresh issue.
2. When will Hexaware Technologies IPO open and close?
Hexaware Technologies IPO open date is 12 February and closing date is 14 February 2025. Initiation of refund date is 18 February, 2025 and credit of shares to Demat will be on 18 February, 2025.
3. What are the details of Hexaware Technologies IPO Subscription Status?
Hexaware Technologies IPO subscription status will be available after the IPO opens on 12 February 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors.
4. Write the details of the IPO Allotment Status.
Hexaware Technologies IPO allotment status will be finalised on 17 February, 2025. The Listing will be on the BSE and NSE platforms, on 19 February, 2025. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.
5. Who is the registrar and lead managers for Hexaware Technologies IPO?
Hexaware Technologies IPO registrar is Kfin Technologies Limited. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status. Hexaware Technologies IPO lead managers are Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited, HSBC Securities & Capital Markets Private Limited and IIFL Securities Limited.
What is an IPO GMP?
IPO GMP, full form is Initial Public Offering Grey Market Premium. It refers to the premium price at which shares of the upcoming IPO are getting traded. IPO GMP gives an idea to the investors of the official IPO listing price.
The grey market is an unregulated platform where traders buy IPO shares based on demand and supply and aim for listing gains. The IPO GMP indicates market sentiments and expectations of the upcoming IPO.
A high IPO GMP indicates strong interest of investors and expectation of positive listing in the stock exchange. Whereas, low IPO GMP indicates lack of interest of the investors. However, IPO GMP is very speculative and doesn’t guarantee actual listing outcomes