Hexaware Technologies IPO GMP History
Hexaware Technologies IPO has been listed on February 19, 2025 at a listing price of ₹745.5, against the issue price of ₹708 — a gain of ₹37.5 (+5.3%). The GMP peaked at ₹19 on 6 February 2025 and reached a low of ₹1 on 17 February 2025. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Hexaware Technologies IPO raised ₹8750 Cr. through its IPO at a price band of ₹674 to ₹708 per share, with a lot size of 21 shares. The IPO was open for subscription from 12 Feb 2025 to 14 Feb 2025.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 5:58 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 17 Feb 2025 | ₹ 1 | — | -- | — | — |
| 14 Feb 2025 | ₹ 1 | ▼ | -- | — | — |
| 13 Feb 2025 | ₹ 2 | ▼ | -- | — | — |
| 11 Feb 2025 | ₹ 4 | ▼ | 1% | — | — |
| 10 Feb 2025 | ₹ 5 | ▼ | 1% | — | — |
| 08 Feb 2025 | ₹ 10 | ▼ | 1% | — | — |
| 07 Feb 2025 | ₹ 14 | ▼ | 2% | — | — |
| 06 Feb 2025 | ₹ 19 | — | 3% | — | — |
Hexaware Technologies IPO dates
Key dates from opening to listing. Today is 10 November.
- Open 12 Feb 2025
- Close 14 Feb 2025
- Allotment 17 Feb 2025
- Refund/credit 18 Feb 2025
- Listing 19 Feb 2025
Hexaware Technologies IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹708 |
|---|---|
| GMP-based estimate (pre-listing) | ₹709 (+0.1%) |
| Listing gain / loss | +₹37.5 per share |
| Listing date | 19 Feb, 2025 |
| Actual listing price | ₹745.5 (+5.3%) |
Is Hexaware Technologies IPO GMP reliable?
Grey market premium for Hexaware Technologies IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Hexaware Technologies IPO full review for a fundamentals-based assessment before making any grey market trades.
Hexaware Technologies IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Hexaware Technologies IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Hexaware Technologies IPO
Hexaware Technologies Limited was incorporated in 1992. It provides digital and technology services and builds artificial intelligence into its offerings. It manages the business through six operating segments based on industry.
The segments are Financial Services, Healthcare and Insurance, Manufacturing and Consumer, Hi-Tech and Professional Services, Banking, and Travel and Transportation. Services fall under Design and Build, Secure and Run, Data and AI, Optimize, and Cloud Services.
The company uses its own platforms, RapidX for digital transformation, Tensai for automation and Amaze for cloud adoption. Its main offshore centres are in India and Sri Lanka.
The IPO was entirely an offer for sale of Rs 8,750 crore by CA Magnum Holdings, the promoter. The company received no money from it.
Frequently asked
What is the GMP of Hexaware Technologies IPO?
The current Grey Market Premium (GMP) of Hexaware Technologies IPO is ₹ 1.
What is the Kostak Price of Hexaware Technologies IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Hexaware Technologies IPO is not available.
What is the Subject to Sauda Price of Hexaware Technologies IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Hexaware Technologies IPO?
Hexaware Technologies IPO listed on February 19, 2025 at ₹745.5, against the issue price of ₹708 — a gain of +5.3%.
How did the GMP of Hexaware Technologies IPO trend before listing?
The GMP of Hexaware Technologies IPO was stable in its final days before listing. The GMP peaked at ₹19 on 6 February 2025. View the day-wise table above for the complete GMP history.
Explore Hexaware Technologies IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
