Shares of Hexaware Technologies are set to debut on the NSE and BSE on Wednesday, February 19, after its Rs 8,750 crore initial public offering (IPO). However, the stock’s grey market premium (GMP) has dropped to zero, signaling a lack of immediate demand ahead of listing. The GMP, which reflects unofficial trading activity before the…
Hexaware Technologies will launch its Rs 8,750-crore IPO with a price band of Rs 674-708 per share. The IPO is a pure offer for sale (OFS), with promoter Carlyle offloading its stake. The IPO will open for public subscription from Wednesday, February 12 to Friday, February 14. This will be the largest IPO by an…
The primary market will see 8 new IPOs opening for subscription next week including six in the SME segment. Apart from these new issues, the Street will also witness six listings. In the mainboard segment, Ajax Engineering and Hexaware Technologies will be launched for public bidding. Here’s what to look forward to on the IPO…