Hexaware Technologies IPO allotment today: How to check status, latest GMP

Hexaware Technologies IPO Allotment Status: The Hexaware Technologies IPO allotment is set to be finalised today, Monday, in the evening. The initial public offering, which closed on Friday, received a total of 2.79 times subscription. Ahead of the IPO allotment, its grey market premium (GMP) continues to remain subdued at just 0.14 per cent, which signals a flat or negative listing on February 19, Wednesday.

On the final day of bidding on Friday, the Rs 8,750-crore IPO received a 2.79 times subscription garnering bids for 24,28,44,966 shares as against 8,70,25,526 shares on offer. The oversubscription was mainly on the back of overbidding by the QIB category.

However, the retail and NII participation remains dismally low at 0.11 times and 0.21 times, respectively.