Carlyle-backed Hexaware Tech Files Draft Papers with Sebi for Rs 9,950 Crore IPO
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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…
Carlyle-Backed Hexaware Tech to Launch Rs 9,950 Cr IPO: AI-Driven IT Giant Files with SEBI - Share Price India News
Hexaware Technologies, supported by private equity giant Carlyle Group, has filed papers with SEBI (Securities and Exchange Board of India) to launch a Rs 9,950 crore initial public offering (IPO). This IPO will be a complete offer for sale (OFS) by the promoter CA Magnum Holdings, a Carlyle Group entity, as per the draft red herring prospectus (DRHP) filed on Friday. Currently, CA Magnum Holdings holds a 95.03% stake in Hexaware, a leading IT c…
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