Hexaware Technologies Sets IPO Price Band at ₹674-₹708
This marks Hexaware Technologies' second listing, as the company was previously traded on the NSE and BSE from 1997 until its delisting in 2020;
By : Ravi Ranjan Prasad
Update: 2025-02-06 07:08 GMT
Mumbai: Hexaware Technologies, a Mumbai-based IT services firm, has announced a price band of ₹674 to ₹708 per equity share for its upcoming initial public offering (IPO). The IPO, aimed at raising ₹8,750 crore, is entirely an offer for sale (OFS) by its promoter, U.S.-based private equity firm Carlyle Group, which currently holds a 95% stake in the company.
This marks Hexaware Technologies' second listing, as the company was previously traded on the NSE and BSE from 1997 until its delisting in 2020. The IT firm had voluntarily exited the stock exchanges four years ago before deciding to return to the public markets.
The IPO is expected to be closely watched, given Hexaware’s strong industry presence and the significant stake being offloaded by Carlyle.
This marks Hexaware Technologies' second listing, as the company was previously traded on the NSE and BSE from 1997 until its delisting in 2020. The IT firm had voluntarily exited the stock exchanges four years ago before deciding to return to the public markets.
The IPO is expected to be closely watched, given Hexaware’s strong industry presence and the significant stake being offloaded by Carlyle.