- By Aditya Pratap Singh
- Mon, 17 Feb 2025 12:32 PM (IST)
- Source:JND
Hexawave Technologies IPO Allotment Status: Hexaware Technologies IPO share allotment will be finalised today, Monday, February 17. The IPO was opened for subscription on February 12 and despite Carlyle's backing, the IPO received a lukewarm response from retail and non-institutional investors (NIIs). Retail investors bought only 11% of the available share allotment, while NIIs applied for 20%, but interest from qualified institutional buyers (QIBs) was higher, at 9.09 times the subscription. The issue was subscribed a total of 2.66 times at the close of bidding, according to BSE data. The IPO was closed on February 14.
Now, that the subscription period is over, Investors who have applied for the IPO can check their allotment status through the registrar portal, KFin Technologies Limited or the Bombay Stock Exchange (BSE) website. Hexaware Technologies is scheduled to be listed on the stock exchanges on February 19.
How to Hexaware IPO allotment status?
Checking allotment status on BSE
- Go to the BSE IPO allotment status page.
- Select Equity from 'Issue Type'.
- In the next dropdown, select Hexaware Technologies Ltd.
- Enter the application number and PAN card number.
- Click on 'I am not a robot' to complete the security check.
- Press the Search button to view your allotment status.
Check Allotment Status KFin Technologies (Registrar Portal)
Alternatively, investors can check the allotment status through the IPO registrar, KFin Technologies Limited:
- Visit the KFin Technologies IPO Status page.
- In the dropdown menu, select Hexaware Technologies Limited (this option will be available only after the allotment is finalized).
- Select one of the following identification methods: Application Number, Demat Account Number or PAN ID
- Select ASBA or non-ASBA as per your application mode.
- Fill in the details and complete the captcha.
- Press Submit to check the allotment status.
Hexaware IPO GMP
The grey market premium of the Hexaware IPO is just Rs 1, according to investorgain.com. The shares are trading at a low premium suggesting a minimal gain on listing day.
What happens after allotment?
Allotment of shares allows investors to know whether they have received shares or not and allows them to look at it from all angles. Investors who have not received allotment from Tuesday, February 18, will be refunded the application money paid, but allotted shares may start getting credited to demat accounts from the same day.
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