Hexaware Technologies IPO vs Quality Power Electrical IPO

Comparison between Hexaware Technologies IPO and Quality Power Electrical IPO.

IPO Details

Hexaware Technologies IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Quality Power Electrical IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Hexaware Technologies IPO is up to ₹8,750.00 Cr whereas the issue size of the Quality Power Electrical IPO is up to ₹858.70 Cr. The final issue price of Hexaware Technologies IPO is ₹708.00 per share and of Quality Power Electrical IPO is ₹425.00 per share.

 Hexaware Technologies IPOQuality Power Electrical IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹674.00 per share₹401.00 per share
Issue Price (Upper)₹708.00 per share₹425.00 per share
Issue Price (Final)₹708.00 per share₹425.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹67.00 per share₹0.00 per share
Market Lot Size21 shares26 shares
Fresh Issue Size0 shares52,94,100 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹225.00 Cr
OFS Issue Size12,36,15,318 shares1,49,10,500 shares
OFS Issue Size (Amount)up to ₹8,750.00 Crup to ₹633.70 Cr
Issue Size Total12,36,15,318 shares2,02,04,600 shares
Issue Size Total (Amount)up to ₹8,750.00 Crup to ₹858.70 Cr

IPO Timetable

Hexaware Technologies IPO opens on Feb 12, 2025, while Quality Power Electrical IPO opens on Feb 14, 2025. The closing date of Hexaware Technologies IPO and Quality Power Electrical IPO is Feb 14, 2025, and Feb 18, 2025, respectively.

 Hexaware Technologies IPOQuality Power Electrical IPO
Anchor Bid DateFeb 11, 2025Feb 13, 2025
Issue OpenFeb 12, 2025Feb 14, 2025
Issue CloseFeb 14, 2025Feb 18, 2025
Basis Of Allotment (Tentative)Feb 17, 2025Feb 19, 2025
Initiation of Refunds (Tentative)Feb 18, 2025Feb 20, 2025
Credit of Share (Tentative)Feb 18, 2025Feb 20, 2025
Listing date (Tentative)Feb 19, 2025Feb 24, 2025
Anchor Lockin End date 1Mar 18, 2025Mar 21, 2025
Anchor Lockin End date 2May 17, 2025May 20, 2025

Financials & KPIs

Hexaware Technologies IPO P/E ratio is , as compared to Quality Power Electrical IPO P/E ratio of 55.28.

 Hexaware Technologies IPOQuality Power Electrical IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Dec 202330 Sep 202331 Dec 202231 Dec 2021
Assets8,594.207,202.107,021.206,514.005,673.50
Total Income8,871.3010,389.107,763.109,378.807,244.60
Profit After Tax853.30997.60804.80884.20748.80
NET Worth4,876.004,230.904,294.003,778.103,503.70
Reserves and Surplus4,816.704,171.604,234.703,719.103,444.80
Total Borrowing82.70
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets399.64358.88312.24252.86
Total Income182.72331.40273.55211.73
Profit After Tax50.0855.4739.8942.23
NET Worth238.63190.33175.66160.29
Reserves and Surplus150.43162.56153.86149.76
Total Borrowing25.5538.2810.6111.52
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.03100
Promoter Shareholding (Post-Issue)74.773.91
P/E Ratio55.28
Market Cap₹43024.78 Cr.₹3291.38 Cr.
ROE29.15%
ROCE19.20%
Debt/Equity0.20
EPS₹7.69
RoNW23.6%29.15%

Shares Offered

In the Hexaware Technologies IPO Retail Individual Investors (RII) are offered 4,28,10,735 shares while in Quality Power Electrical IPO retail investors are offered 4,28,10,735 shares. Qualified Institutional Buyers (QIB) are offered 2,44,63,277 shares in Hexaware Technologies IPO and 60,61,380 shares in Quality Power Electrical IPO.

 Hexaware Technologies IPOQuality Power Electrical IPO
Anchor Investor Reservation3,66,94,914 shares90,92,070 shares
Market Maker Reservation0 shares0 shares
QIB2,44,63,277 shares60,61,380 shares
NII1,83,47,458 shares30,30,690 shares
RII4,28,10,735 shares20,20,460 shares
Employee14,04,056 shares0 shares
Others
Total12,37,20,440 shares2,02,04,600 shares

Bids Received (Subscription)

Hexaware Technologies IPO subscribed 2.79x in total, whereas Quality Power Electrical IPO subscribed 1.29x.

 Hexaware Technologies IPOQuality Power Electrical IPO
QIB (times)9.55x1.03x
NII (times)0.21x1.45x
Big NII (times)0.24x1.78x
Small NII (times)0.16x0.79x
RII (times)0.11x1.82x
Employee (times)0.33x
Other (times)
Total (times)2.79x1.29x

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Hexaware Technologies IPO Vs Quality Power Electrical IPO