Key Objective
Initial public offering of 123,720,440 equity shares of face value of Re. 1 each (the "Equity Shares") of Hexaware Technologies Limited ("The Company" or "The Company" or "The Isuer") for cash at a price of Rs. 708* per equity share of face value of Re. 1 each (the "Offer Price") aggregating to
Rs. 8750.00 crores through an offer for sale of 123,720,440 equity shares of face value of Rs. 1 each aggregating to Rs. 8750.00 crores by CA Magnum Holdings ("Promoter Selling Shareholder") (the "Offer for Sale" and such equity shares, the "Offered Shares").
The offer included a reservation of 1,404,056 equity shares, aggregating to Rs. 90.00 crores (constituting 0.23% of the post-offer paid-up equity share capital), for subscription by eligible employees ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constituted 20.36% and 20.13% respectively, of the post offer paid-up equity share capital of the company.
*A discount of Rs. 67 per equity share was offered to the eligible employees bidding in the employee reservation portion.