Hexaware Technologies Share Price Live Updates: GMP trends, analysts hint tepid debut on bourses. Check listing time
₹2,598 crore from institutional investors. Hexaware Technologies IPO price band has been set at ₹674-708 per share for its initial public offering (IPO).
Valued at more than ₹43,000 crore at the highest end of the pricing spectrum, the company seeks substantial investment.The primary share offering from the Mumbai-based company comprises a total Offer for Sale (OFS) of equity shares amounting to ₹8,750 crore from its promoter CA Magnum Holdings, which is affiliated with the Carlyle Group. Hexaware's public offering stands as the largest in the Indian IT services sector since Tata Consultancy Services’ IPO exceeding ₹4,700 crore over twenty years ago.Stay tuned for more updatesTrading Members of the Exchange are informed that starting Wednesday, February 19, 2025, the equity shares of Hexaware Technologies Limited will be listed and allowed for trading on the Exchange within the ‘B’ Group of Securities, according to a notice from the BSE.Hexaware Technologies IPO GMP or Hexaware Technologies IPO grey market premium was ₹0, which meant shares were trading at their issue price of ₹708 with no premium or discount in the grey market according to investorgain.comToday's IPO GMP is pointing lower and is predicted to decline further based on the grey market activity over the last 14 sessions.
Experts on investorgain.com say that the lowest GMP is ₹0.00 and the maximum is ₹19.'Grey market premium' indicates investors' readiness to pay more than the issue price.Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.Get the best recommendations on Stocks, Mutual Funds and
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