Hexaware Technologies IPO Price Band
Hexaware Technologies IPO price band is Rs 674 – Rs 708 per share. The minimum amount of investment for the retail category is Rs 14,868 and for small HNI minimum investment is Rs 2,08,152. The minimum investment for the Big HNI is to be around Rs 10,11,024.
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 is Hexaware Technologies IPO GMP Live?
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.
4. 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.
5. 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.
6. 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 Price Band?
IPO price band is the price range of the upcoming IPO set by the issuing company after consulting investment banks handling the IPO. Within the price band, investors can bid for the shares during the IPO bidding time.
The IPO price band is set based on factors like market conditions, industry trends and company valuation. The IPO price bands include a floor price (minimum bid price) and a cap price (maximum bid price).
Investors submit the IPO bids within this IPO range during the IPO subscription period. The final issue price is determined through a process called book-building, where the company anticipates the investors demand. The IPO price band is important for investors and for ensuring a successful IPO launch.