Hexaware’s ₹8,750 Crore IPO Sets a New Benchmark in India

Hexaware Technologies has become history with its return to the public markets, India's largest-ever Initial Public Offering (IPO) for an IT services company, worth ₹8,750 crores. This achievement reflects Hexaware's technological prowess, customer-focused innovation, and dedication to digital transformation.

Technology-Driven Growth

Hexaware owes its success to its solid concentration on digital services of the future, automation, and solutions based on the cloud. Hexaware has established itself as a leading provider of hyper-automation, artificial intelligence (AI), and machine learning (ML) solutions, allowing global enterprises to improve efficiency and push business outcomes.

Cloud and Digital Solutions

One of the major drivers of Hexaware's fast-paced growth is its cloud computing expertise. Hexaware's Cloudify Everything framework, which is proprietary, speeds up cloud adoption for businesses, enabling companies to transition smoothly to multi-cloud environments. Through partnerships with leading cloud providers such as AWS, Microsoft Azure, and Google Cloud, Hexaware has enabled organizations to grow operations securely and economically.

Hyper-Automation and AI

Hexaware's early investments in hyper-automation and AI-based solutions have positioned it as a leader in the IT services sector. Its Tensai™ AI platform unifies automation across business processes, minimizing human effort and improving decision-making. With AI-based analytics and robotic process automation (RPA), Hexaware has enabled clients to streamline workflows, reduce operational expenses, and deliver quick go-to-market approaches. 

Data-Driven Digital Transformation

With a special focus on data analytics and business intelligence, Hexaware has helped business enterprises realize the potential of big data. Digital Core Transformation as a strategy for the company facilitates businesses in refreshing legacy platforms and adopting decision-making practices through data, driving companies to grow faster and achieve better competitiveness.

CEO R Srikrishna stressed that the IPO is the start of a new chapter in Hexaware's history. "This listing allows us to improve relationship building with stakeholders, keep things transparent, and create innovative solutions for clients."

CFO Vikash Kumar Jain emphasized the firm's financial strength and growth prospects, saying, "Our return to the stock exchange improves our profile and enables us to connect more intimately with investors, reaffirming our disciplined strategy for growth."

Non-Executive Chairman Joseph McLaren Quinlan called the IPO a strategic move towards global innovation and influence. "Going public enables us to gear up growth, broaden our digital reach, and continue to deliver market-leading solutions."

Global Recognition and Investor Confidence

Patrick McCarter, Co-Head of Global Technology at Carlyle, said that Hexaware's IPO is the largest technology services IPO in the world over the past decade. "This achievement is a testament to the strength of its exceptional management team, customer focus, and superior growth profile."

Managing Director at Carlyle India Advisors, Kapil Modi, added, “Hexaware exemplifies how we leverage our One Carlyle global network to help businesses scale. We remain committed to supporting the company’s future growth.”

Commitment to Excellence

Now listed under the ticker symbol HEXT, Hexaware is still true to its core values of transparency, respect for one another, and quality. Workers from all over India came together to celebrate this historic occasion, heralding a new era for the company as a public listing.

With a strong technology backbone and a well-defined vision for the future, Hexaware is poised to fuel innovation and reshape digital transformation in the IT services sector.