Upcoming IPO: IPO sequence in the stock market has not stopped. If you also invest in IPO Market, then this news is for you. The IPO of the IT sector, the IT sector, will open the IPO of Hexaware Technologies. Through this IPO, the company is planning to raise Rs 8,750 crore. Below are known about this IPO in detail.
When will the IPO open
Hexaware Technologies IPO will open to anchor investors on 11 February 2025. At the same time, common investors can also subscribe to IPO from February 12. This IPO will be open till 14 February 2025. The price band of this IPO has been fixed at Rs 675-708 per share. The company said that it is planning to raise Rs 8750 crore through this IPO.
OFS will be released with fresh issue
This IPO includes fresh issue and offer for cell (offs) issue. There will be a sale of 12,35,87,570 shares under the offer for sale. The IPO allotment will be on 17 February 2025. At the same time, share will be credited in investors’ demat account on 18 February 2025. The shares on both exchanges BSE-NSE of the stock market will be held on 19 February 2025.
How much will you have to invest?
Hexaware Tech IPO’s lot size is of 21 shares. This means that investors will have to invest Rs 14,868 for a lot. Investors can invest for a maximum of 13 lots.
What does GMP say
Hexaware Tech IPO is trading on the gray market. Today, the company’s IPO is trading at a premium of Rs 46 in the gray market.
Disclaimer: This information is only for information purposes and should not be understood as investment advice. It is recommended to consult a financial advisor before making investment decisions.