Newsblare

Investing

Hexaware Technologies IPO GMP: Grey Market Trend Signals Today on 10 Feb

Hexaware Technologies IPO GMP: Grey Market Trend Signals Today on 10 Feb

Hexaware Technologies has make the comeback in stock market with the IPO of ₹8,750 crore. The IPO public subscription window will opens from 12 February to 14 February 2025. Hexaware Technologies IPO GMP has set to become largest by Indian IT services company,  and goes high to ₹4,713 crore by Tata Consultancy Services (TCS) in 2004. The IPO has offer for sale (OFS) of 123.6 million equity shares, with promoter CA Magnum Holdings divests its partial stake.

For Hexaware Technologies IPO, the price band is set at ₹674-708 per share. It has lot sizes of 21 shares. Retail Investors need the atleast ₹14,868 to bid for one lot The GMP for Hexaware Technologies IPO is fluctuating

Hexaware Technologies IPO GMP Details

IPO Open DateFebruary 12, 2025
IPO Close DateFebruary 14, 2025
Face Value₹1 Per Equity Share
IPO Price Band₹674 to ₹708 Per Share
Issue SizeApprox ₹8,750 Crores
Offer for SaleApprox 12,35,87,570 Equity Shares
Issue TypeBook Built Issue
IPO ListingBSE & NSE
Retail QuotaNot more than 35%
QIB QuotaNot more than 50%
NII QuotaNot more than 15%

Hexaware IPO Signals on 10 Feb

The IPO GMP today on 10 Feb is +8. It indicates the Hexaware Technologies IPO GMP share price was trade at Rs 8 premium in grey market, as per reports. The upper end of IPO price band and current grey market trends estimate the listing price of Hexaware Technologies stock price  and indicate at indicated at ₹716 apiece.

It is 1.13% higher than the IPO price of ₹708. If we look at grey market trends from the past 5 years, then it shows a downward trend and a decline further. The lowest GMP is ₹8.00, whereas the highest GMP is ₹19.00, as per experts.

Read Also: Delhi CM Race Heats Up: 3 Contenders Competing for the Top Spot

News Writer
Simi is experienced writer with 3 Years of experience. She is specialize in politics news and blog content. Being professional writer, she has delivered over 8000 articles on multiple niches. She is currently working as writer at Newsblare.

Leave a Reply

Your email address will not be published. Required fields are marked *