Hexaware Technologies IPO to open for subscription on February 12, price band fixed at Rs 674-708 per share
Hexaware Technologies will launch its Rs 8,750-crore initial public offering (IPO) on February 12, with a price band of Rs 674-708 per share.
The IPO is a pure Offer for Sale (OFS), with promoter Carlyle offloading its stake. Post-IPO, Carlyle's stake will drop to 74.1% from the current 95%.
The anchor book will open on February 11, while the public offer will close on February 14. The basis of allotment is scheduled for February 17, and the stock is expected to be listed on exchanges on February 19.
Retail investors can bid for a minimum lot of 21 shares, requiring an investment of at least Rs 14,868.
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