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Hexaware Technologies files DRHP for Rs 9,950 crore IPO
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Hexaware Technologies files DRHP for Rs 9,950 crore IPO
08 October 2024
Hexaware Technologies, a Mumbai-based IT company backed by private equity giant Carlyle Group, has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (Sebi) for a proposed initial public offering (IPO) worth Rs 9,950 crore. The IPO is entirely an offer for sale (OFS) by the promoter, CA Magnum Holdings, which is a part of the Carlyle Group and holds a 95.03 per cent stake in Hexaware.
Hexaware Technologies, a Mumbai-based IT company backed by private equity giant Carlyle Group, has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (Sebi) for a proposed initial public offering (IPO) worth Rs 9,950 crore. The IPO is entirely an offer for sale (OFS) by the promoter, CA Magnum Holdings, which is a part of the Carlyle Group and holds a 95.03 per cent stake in Hexaware.
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