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Carlyle-backed Hexaware Tech Files Draft Papers with Sebi for Rs 9,950 Crore IPO

Summary by News18 India
The IPO of Mumbai-headquartered Carlyle Group-backed Hexaware Technologies is a complete offer for sale (OFS) by promoter CA Magnum Holdings, part of Carlyle Group.

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Hexaware Technologies, backed by leading private equity firm Carlyle Group, has filed preliminary papers with capital markets regulator SEBI to bring an initial public offering (IPO) of Rs 9,950 crore. According to preliminary papers (DRHP) filed on Friday, the initial share sale of the Mumbai-headquartered company is an outright offer for sale (OFS). The promoter CA Magnum Holdings, which comes under the Carlyle Group, will sell its stake. Magn…

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News18 India broke the news in India on Saturday, September 7, 2024.
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