Hexaware Technologies IPO: Price Band, Listing, Allotment Date, Financials, Risks & More— DRChoksey's Analysis

Hexaware Technologies' Rs 8,750 crore IPO comprises entirely of an offer for sale with no fresh issue. The market value at upper end of price band is Rs 43,025 crore. The minimum order lot for bidding is 21 shares..NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Deven Choksey Report.Hexaware Technologies Ltd. will launch its initial public offering on February 12 and the offer closes for subscription of Feb. 14. An IT services and consulting firm has set the price band of Rs 674-708 per share. The minimum order lot for bidding is 21 shares.The Rs 8,750 crore IPO comprises entirely of an offer for sale with no fresh issue. The market value at upper end of price band is Rs 43,025 crore.The allotment for Hexaware Technologies IPO is expected to be finalized on Feb. 17. The shares will be listed on both the National Stock Exchange and the BSE on Feb. 19..Outlook and Valuation: Hexaware Technologies has strategically positioned itself to leverage ongoing industry trends towards digital transformation and cloud adoption. The IT services industry is anticipated to grow with a CAGR of 7.2% from 2024 to 2029, reflecting increased enterprise investments in these technologies. Hexaware's development and deployment of AI-enabled platforms such as RapidX , Tensai®, and Amaze® cater to this growing demand, supporting its stable revenue generation across diverse sectors like financial services and healthcare. The company’s diversified client base and AI-driven offerings support growth, but macroeconomic uncertainties and sector competition pose risks. The issue is priced at 43 times P/E (FY24) which seems to be fairly priced. Therefore, we assign a “Neutral” rating..Click on the attachment to read the full IPO report:.Hexaware Technologies IPO: Price Band, Financials, Key Dates, GMP And More — All You Need To Know.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Hexaware Technologies IPO: Price Band, Listing, Allotment Date, Financials, Risks & More— DRChoksey's Analysis

Hexaware Technologies' Rs 8,750 crore IPO will be launched on February 12 and the company has fixed the price band of Rs ⁠674-708 per share.

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