The ₹8,750-crore preliminary public providing (IPO) of Hexaware Applied sciences opens for subscription in the present day, February 12, 2025. The difficulty, priced within the vary of ₹674-708 per share, will shut on February 14. Traders can bid for at least 21 shares per lot. The whole IPO is a proposal on the market (OFS) by CA Magnum Holdings, part of the Carlyle Group, which means the proceeds will go to the promoter. Hexaware’s IPO has already raised ₹2,598 crore from anchor buyers, together with main mutual funds and world institutional gamers. This would be the largest IT providers IPO, surpassing Tata Consultancy Companies’ ₹4,713 crore providing in 2004.
