What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Hexaware Technologies Limited IPO?

Hexaware Technologies Limited IPO has received a total subscription of 2.79 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Hexaware Technologies Limited

ListedMainboard

Information Technology · NSE / BSE

Founded in 1992, Hexaware Technologies Limited is a global digital and technology services company that helps businesses thrive in an AI-driven world. Headquartered in India with major delivery centers in Chennai, Pune, Bengaluru, Noida, and Sri Lanka, the company is expanding into Tier 2 cities like Ahmedabad. As of September 2024, it operates 39 delivery centers and 16 offices worldwide, serving sectors such as financial services, healthcare, manufacturing, hi-tech, banking, and transportation. Hexaware provides AI-powered solutions like RapidX for digital transformation, Tensai for automation, and Amaze for cloud migration, along with services in software development, IT operations, AI/ML insights, and cloud solutions. With 32,536 employees globally, the company continues to focus on innovation and operational excellence.

Price Band

₹674 – ₹708

Issue Size

₹8750 Cr

Lot Size

21 shares

GMP

—

Est. Listing

₹708

at current GMP

Subscribed

2.79x

overall

Open

12 Feb 2025

14 Feb 2025

Allotment

18 Feb 2025

Refund

19 Feb 2025

Demat Credit

20 Feb 2025

Listing

19 Feb 2025

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

2.79x

Total Demand

QIB Multiplier

9.55x

Institutions & Funds

NII / HNI

0.22x

High Net-Worth

Retail (RII)

0.11x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 2.79x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	24,463,278	233,661,582	9.55x
NIB	18,347,458	3,948,924	0.22x
HNIs(10L +)	12,231,638	2,958,816	0.24x
HNIs (2-10L)	6,115,819	990,108	0.16x
RETAIL	42,810,734	4,764,102	0.11x
EMPLOYEES	1,404,056	470,358	0.33x
Total	105,372,983	246,793,890	2.79x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 0.07x

Category	Applications Reserved	Applications Received	Times Subscribed
RETAIL	2,038,606	147,677	0.07x
HNIs(10L +)	41,604	1,121	0.03x
HNIs (2-10L)	20,802	2,710	0.13x
Total Applications	2,101,012	151,508	0.07x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Hexaware Technologies Limited Public Issue & Market Profile

Hexaware Technologies Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹8,750 Crores. The shares are offered at a price band of ₹674 to ₹708 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 21 shares (approx. ₹14,868 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-02-20, while un-allotted funds or UPI block mandates will be released on 2025-02-19.

Frequently Asked Questions

What is Hexaware Technologies Limited IPO GMP today?

Currently, Hexaware Technologies Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹674 to ₹708 per equity share.

What is the expected profit per lot for Hexaware Technologies Limited IPO?

The retail lot size is 21 shares requiring a minimum application amount of ₹14,868. Expected listing price is ₹708 per equity share.

What is the issue size and price band for Hexaware Technologies Limited IPO?

The Hexaware Technologies Limited IPO aggregate issue size is ₹8,750 Crores with an equity price band set at ₹674 to ₹708 per equity share. The retail lot size is 21 shares requiring a minimum capital outlay of approx. ₹14,868.

How can I check Hexaware Technologies Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 2.79x (Retail: 0.11x, QIB: 9.55x, NII: 0.22x). You can track live multiples directly on our dedicated subscription page.

Where and when will Hexaware Technologies Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-02-18. Investors can verify status using PAN card or application number.

When is the listing date for Hexaware Technologies Limited IPO?

Hexaware Technologies Limited shares are scheduled to list on NSE and BSE on 2025-02-19.