hexaware technologies ipo allotment

As of February 17, 2025, Hexaware Technologies has concluded its Initial Public Offering (IPO) process, with the allotment of shares to investors finalized today. This article provides a comprehensive overview of the IPO details, subscription statistics, allotment procedures, and expected listing information. IPO Overview Subscription Period : The IPO was open from February 12 to February 14, 2025. Offer Size : Hexaware Technologies aimed to raise ₹8,750 crore through this public issue. Price Band : The shares were offered at a price range of ₹674 to ₹708 per share. Lot Size : Investors could bid in multiples of 21 shares. Subscription Details The IPO received a mixed response across different investor categories: Qualified Institutional Buyers (QIBs) : This segment showed strong interest, with an oversubscription of 9.09 times the allotted quota. Non-Institutional Investors (NIIs) : The response was subdued, with only 0.20 times subscription. Retail Ind...