Hexaware Technologies IPO was the largest public issue in Indian IT services sector since Tata Consultancy Services' (TCS) Rs 4,700 crore IPO over two decades ago. Hexaware Technologies debuted on the stock exchanges at a premium of 5.

Hexaware Technologies share price debuted on February 19 at ₹745 on NSE, a 5.2% premium over its IPO price. The stock rose to ₹778 post-listing. JM Financial set a target price of ₹820, citing strong growth potential and a solid revenue base.

Hexaware Technologies' shares listed with a premium of 5.3% on Wednesday. The stock debuted at Rs 745.5 on the NSE and Rs 731 on the BSE (a 3.25% premium), compared to the issue price of Rs 708.

Hexaware Technologies is a global digital and technology services company. Hexaware Technologies IPO was the second largest public issue by any IT sector company since TCS' Rs 4,700 crore IPO over two decades ago.

Hexaware Technologies shares are showing a muted trend in the grey market. Ahead of the official listing, the company’s shares are trading at Rs 0 in the grey market, indicating a listing at the upper price band of Rs 708 per share.

Rs 8,750-crore Hexaware Technologies IPO, which was open for subscription between February 12-14, garnered a 2.66 times subscription.

Hexaware Technologies' IPO success, global expansion, and AI-first solutions position it as a leader in IT services.

Hexaware Technologies started trading in the stock market on Wednesday, February 19, after seeing a bumper subscription of over 2 times to the issue in the primary market last week. However, the firm's listing debut didn't reflect the enthusiasm it received during bidding.

Hexaware Technologies IPO GMP today shows a muted trend. Analysts also expect a tepid stock market debut for Hexaware Technologies shares on the BSE and NSE today.