Hexaware Technologies IPO Allotment Status: Check Latest GMP, Steps To Verify Status

The bidding for Hexaware Technologies IPO started on Feb 12, 2025, and concluded on Feb 14, 2025. The basis of allotment will be finalised today, Feb 17, 2025. Know the procedure to check the allotment status on NSE, BSE and registrar’s websites. 

Check Hexaware Technologies IPO Allotment Status on NSE

Here is the process to check Hexaware Technologies on NSE:

1. Open the Application Status page of NSE here. 
2. Choose 'Equity & SME IPO bid details'. 
3. Select 'Hexaware Technologies' from the list of companies. 
4. Enter your IPO application number and PAN details. 
5. Click on the submit button to check the details of the share allotment. 

 Check Hexaware Technologies IPO Allotment Status on BSE 

Here is the process to check Hexaware Technologies IPO Allotment Status on BSE 

1. Open the Application Status page of BSE here. 
2. Choose 'equity' as the issue type. 
3. Select 'Hexaware Technologies’ from the list of companies. 
4. Enter your IPO application number and PAN details. 
5. Verify the captcha by clicking on the 'I am not a Robot' box. 
6. Click on the submit button to check the details of the share allotment.

 Check Hexaware Technologies IPO Allotment Status on Kfin Technologies

1. Log on to the official website of Kfin Technologies here.
2. Select ‘Hexaware Technologies’ from the list of companies. 
3. Select one option among Application Number, Demat account number or PAN. 
4. Enter details based on your selection.
5. Clear Captcha to proceed. 
6. Click Submit to check the allotment status.

IPO Details

Hexaware Technologies launched its IPO on February 12, 2025 with a total issue size of ₹8750.00 crores, with an offer for sale (OFS) of ₹12.35 crore. The IPO price band is fixed between ₹674 and ₹708 per share. Investors can apply with a minimum lot size of 21 shares, requiring a minimum investment of ₹14,154. The shares are expected to be listed on the BSE and NSE on February 19, 2025. The basis of allotment will be finalized on February 17, 2025, followed by the initiation of refunds on February 18, 2025.

Also Read : Hexaware Technologies Limited IPO Day 1 Subscription Status, Hexaware Technologies Limited IPO Day 2 Subscription Status, Hexaware Technologies Limited IPO Day 3 Subscription Status

Utilization of Proceeds

The company will not receive any funds from this offering. Instead, the proceeds from the Offer for Sale will go directly to the selling shareholders, who will receive their respective shares after deducting applicable offer-related expenses and taxes.

Overall Subscription Status 

(February 14, 2025, end of the day)

Hexaware Technologies IPO was subscribed 2.79 times on the third day, according to BSE data. Of these, 

• Retail investors subscribed 0.11 times, 
• Non-institutional investors (NII) subscribed 0.21 times, 
• Qualified Institutional Buyers (QIBs) subscribed 9.55 times.

GMP (Grey Market Premium) Details

According to NDTV Profit, as of February 17, 2025, 7:56 a.m., the Grey Market Premium (GMP) for Hexaware Technologies IPO stood at ₹1. This indicates a premium of 0.14% over the issue price. If the current GMP trends continue, the estimated listing price of Hexaware Technologies IPO is expected to be ₹709.

Note: The Grey Market Premium (GMP) is not an official price and is based on market speculation.

Source: NDTV Profit Media Report dated February 17, 2025

Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market.

Hexaware Technologies Limited Business Overview

Hexaware Technologies Limited is a global IT services and consulting firm headquartered in Navi Mumbai, Maharashtra, India. Established in 1992, the company specializes in providing information technology, business process outsourcing, and consulting services across various industries, including banking, financial services, insurance, travel, transportation, logistics, hospitality, healthcare, life sciences, manufacturing, and consumer products.

Hexaware offers a comprehensive suite of services designed to address diverse business needs. These include: Application Services, Cloud Services, Data & AI, Digital IT Operations, Digital & Software and Enterprise Platform Services. The company operates in over 54 offices worldwide, employing approximately 32,000 professionals. The company's global reach enables it to deliver services to clients across various regions, including North America, Europe, and Asia.