Hexaware Technologies IPO allotment status is set to be finalized on Monday, February 17. Investors who applied for the public issue can check their bid finalization details on the official websites of the BSE, NSE, and KFin Technologies. The IPO was fully subscribed by the last day of bidding, reflecting strong interest from investors.
Hexaware Technologies IPO Subscription Details
The Hexaware Technologies IPO saw significant participation across different investor categories. According to NSE data, the IPO received bids for 24.28 crore shares against 9.14 crore equity shares on offer, translating to an overall subscription rate of 2.66 times.
- Qualified Institutional Buyers (QIBs) led the charge, applying for over 23.36 crore shares compared to the 2.57 crore shares on offer, leading to a 9.09 times subscription.
- Non-Institutional Investors (NIIs) placed bids for 39.48 lakh shares out of 1.93 crore shares allotted, making their category 20% subscribed.
- Retail Individual Investors (RIIs) applied for 47,64,102 shares, whereas 4,49,70,327 shares were reserved for them, reflecting a mere 11% subscription.
How to Check Hexaware Technologies IPO Allotment Status Online
If you have applied for the Hexaware Technologies IPO allotment, here’s how you can check your status online:
1. On KFin Technologies Website
- Visit the IPO allotment status page on KFin Technologies.
- Choose any of the five available links.
- Select Hexaware Technologies Limited from the dropdown menu.
- Enter your Application Number, PAN, or Demat Account Number.
- Fill in the captcha code.
- Click on Submit to view your allotment status.
2. On NSE Website
- Go to the NSE IPO bid verification portal.
- Select Equity & SME IPO bid details.
- Choose Hexaware Technologies Limited (HEXT) under the symbol.
- Enter your Application Number and PAN.
- Click Submit to check your status.
3. On BSE Website
- Head to the BSE IPO bid verification page.
- Select Equity under the Issue Type.
- Choose Hexaware Technologies Limited from the IPO list.
- Enter your Application Number or PAN.
- Complete the “I’m not a robot” verification.
- Click on Submit to check your allotment details.
Hexaware Technologies IPO Listing Date & Other Key Details
- Listing Date: The shares of Hexaware Technologies will debut on NSE and BSE on Wednesday, February 19, at 10 AM.
- IPO Type: The issue was an Offer for Sale (OFS) of 12.36 crore shares, raising a total of ₹8,750 crore.
- Price Band: The IPO was priced between ₹674 – ₹708 per share.
- Minimum Investment: Investors had to buy one lot (23 shares) at a cut-off price of ₹14,467.
Who Managed the Hexaware Technologies IPO?
The IPO was managed by leading financial institutions, including:
- HSBC Securities & Capital Markets Pvt Ltd
- Kotak Mahindra Capital Company Limited
- JP Morgan India Private Limited
- IIFL Securities Ltd
- Citigroup Global Markets India Private Limited
About Hexaware Technologies
Hexaware Technologies is a global digital and technology services company, specializing in AI-driven solutions. The company caters to industries such as:
- Healthcare & Insurance
- Financial Services
- High-Tech & Professional Services
This IPO marks the largest public issue in India’s IT sector since Tata Consultancy Services (TCS) went public over two decades ago.
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Final Thoughts
The Hexaware Technologies IPO allotment has been a significant event in the market, attracting strong interest from institutional investors. If you have applied, checking your status online through NSE, BSE, or KFin Technologies is a simple process. With its strong market presence and AI-driven innovations, Hexaware Technologies is poise for an exciting stock market debut.
