Hexaware Technologies IPO

Hexaware Technologies Limited is a global digital and technology services company, integrating artificial intelligence (AI) at its core. It provides AI-driven solutions for digital transformation, catering to industries such as financial services, healthcare, manufacturing, and travel. The company operates through six industry segments and offers services in design, security, data, optimization, and cloud solutions. With a strong global presence across 28 countries and 38 delivery centers, Hexaware continues expanding its customer base, serving Fortune 500 companies and achieving significant revenue growth. 

IPO Strengths 

• Demonstrates deep industry expertise, delivering tailored digital solutions across Financial Services, Healthcare, Manufacturing, Hi-Tech, Banking, and Travel sectors. 

• Leverages AI-led innovation with in-house platforms—RapidX™, Tensai®, and Amaze®—to drive efficiency and transformation. 

• Maintains long-term relationships with 31 Fortune 500 companies, with a high Net Promoter Score (NPS) rising from 54 in 2023 to 72 in 2024. 

• Implements a strong go-to-market strategy, ensuring customer acquisition and expansion with a cross-sell index of 4.5 among top customers. 

• Operates a global, scalable, and flexible delivery model with 31,870 employees across 38 centers in 28 countries, focusing on AI training. 

• Led by experienced leadership, with over 70% of senior management serving for more than five years and a people-first culture reflected in diversity and employee satisfaction. 

• Achieved revenue of ₹103,803 million (US$1,256.4 million) in FY 2023, with a 13.7% CAGR, strong EBITDA growth, and an improved cash conversion rate of 89.9%. 

Hexaware Technologies IPO Key Financials (in ₹ million) 

Hexaware Technologies Limited Upcoming IPO Details 

Hexaware Technologies IPO Important Dates 

Hexaware Technologies IPO Lots

Hexaware Technologies IPO Lead Managers

Hexaware Technologies Limited IPO Valuation Overview 

Hexaware Technologies IPO Peer Group Comparison 

Objectives of the Proceeds 

The purpose of the Offer is to (i) facilitate the Offer for Sale by the Promoter Selling Shareholder, and (ii) attain the benefits of having the Equity Shares listed on the Stock Exchanges. The Company will not receive any proceeds from the Offer, as all proceeds will be directed to the Promoter Selling Shareholder.