Hexaware Technologies IPO Allotment Finalized: Check Status and GMP

Hexaware Technologies is set to finalize its IPO share allotment today, February 17, 2025. Investors can check their allotment status on the BSE, NSE, or KFin Technologies websites. The ₹8,750 crore IPO was subscribed 2.66 times, with QIBs showing strong interest at 9.09 times subscription. The grey market premium (GMP) stands at a modest ₹1, indicating a potentially flat listing. Shares are expected to debut on the stock exchanges on February 19, 2025. Despite the tepid GMP, analysts remain optimistic about Hexaware's long-term prospects in the IT services sector.

 

Sources: Business Standard, NDTV Profit, Economic Times