Mumbai, Feb. 17 -- The initial public offer (IPO) of Hexaware Technologies received 24,28,44,966 bids for shares as against 9,14,23,354 shares on offer. The issue was subscribed 2.66 times.

The Qualified Institutional Buyers (QIBs) category was subscribed 9.09 times. The Non-Institutional Investors (NIIs) category was subscribed 0.20 times. The Retail Individual Investors (RIIs) category was subscribed 0.11 times.

The issue opened for bidding on 12 February 2025 and it closed on 14 February 2025. The price band of the IPO was fixed between Rs 674 to 708 per share.

The IPO comprised an entire offer for sale (OFS) of 12.35 crore equity shares at a higher price band. The company will not receive any proceeds from the offer and all the off...