Hexaware Technologies IPO Subscription Status
Hexaware Technologies IPO subscription reservations are as follows: not more than 50% of the net issue is reserved for QIB (Qualified Institutional Buyers), not less than 35% for the retail investors and not more than 15% for the HNI category is reserved.
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. 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 Subscription?
The IPO subscription is a process by which investors bid for shares of the company during its first public offer. Investors from the different categories like retail, institutional and non-institutional apply for shares within the IPO price-band. The level of subscription is measured in terms of how many times shares offered are applied.
A higher subscription time in a specific category reflects strong investors' interest and high demand. Whereas, low subscription reflects lack of demand and under subscription. The subscription data is updated daily which drives the investors sentiment while applying for any IPO.