Hexaware of Iselin celebrated its return to public markets with a total issue size of $1B, marking the largest-ever IPO by an IT services firm in India.
Hexaware’s top executives and advisors reflected on this new chapter in the company’s journey.
“Listing on the public markets represents a significant step forward for Hexaware,” said R Srikrishna, CEO, Hexaware. “This is an opportunity to deepen our relationships with stakeholders and reinforce our commitment to operating with transparency, accountability, and a focus on delivering meaningful solutions to our clients. We are excited about the road ahead.”
Echoing this sentiment, Hexaware CFO Vikash Kumar Jain said, “With our return to the stock exchange, we gain greater visibility in the market and the ability to engage more directly with our investors. It reflects our disciplined approach to growth and the financial strength that has brought us to this day.”
“Hexaware’s IPO is the largest technology services IPO globally over the last decade and marks an important milestone in the company’s journey,” said Patrick McCarter, Co-Head of Global Technology at Carlyle.
“This moment reflects the strength of its talented management team, customer centricity, superior growth profile and differentiated digital capabilities. It also highlights the collaboration across Carlyle’s global network, leveraging our expertise in both India and the U.S. to create value for all the stakeholders.”
Employees across Hexaware’s offices nationwide came together to celebrate this event. The company is trading under the ticker symbol HEXT.
