Hexaware Technologies Ltd. has announced public offering of 123587570 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 707.00 per share. The gross proceeds of the issue are expected to be Rs 8,75,000.00 lakhs.
The company's initial public offer (IPO) will open on 12 February 2025 and is expected to close on 14 February 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 674.00-708.00 per share.
The IPO includes a fresh Issue of 123587570 Equity Shares of the Company at an price of Rs 708.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 21 shares with bids in multiples of 21.
Hexaware Technologies Ltd. anticipates using the proceeds of the issue for .
Citigroup Global Markets India Pvt.Ltd.,JP Morgan India Private Limited.,HSBC Securities and Capital Markets (India) Privat,Kotak Mahindra Capital Company Limited,IIFL Capital Services Limited as lead manager(s) & is the registrar, to the issue.