Hexaware Tech IPO allotment status is likely to be declared tonight. Hexaware Technologies IPO allotments will be declared on 17th February on the official website of the registrar. The subscribers to the issue can also check their IPO allotMENT status on the NSE and BSE. The Rs 8,750-crore initial public offer of the Mumbai-headquartered Hexaware technologies Ltd got fully subscribed on the last day of bidding with 2.66 times subscription, on institutional buyers support. The company has set a price band at Rs 674-708 per share for the Initial Public Offering (IPO) Hexaware’s public issue is the largest in the country’s IT services sector since Tata Consultancy Services’ over Rs 4,700 crore IPO over two decades ago. At the upper end of the price band, the company has been valued at over Rs 43,000 crore. Shares of Hexaware Tech will be listed on the BSE and NSE on January 19. According to market observers, the shares of Hex aware Technologies are commanding a flat GMP.
