Hexaware files DRHP for Rs 9,950-crore IPO

Hexaware Technologies has filed a draft red herring prospectus with SEBI to raise ₹9,950 crore through an IPO. The offering will be an offer for sale from CA Magnum Holdings, affiliated with Carlyle Group. Hexaware, delisted in 2020, reported a profit of ₹997.6 crore in 2023, with revenue growing by 12.8% to ₹10,380.3 crore.