Hexaware's Rs 530.8 crore dividend payout in 2023 beats Wipro, ICICI Lombard, and Godrej Consumer and would rank it 34th among BSE 100 index members if it were a publicly traded company.
Carlyle acquired Hexaware in 2021 from Baring Private Equity Asia (now EQT) for around $3 billion. The earlier promoter Baring Private Equity Asia had delisted the firm in 2020.
In the past, some M&A deals involving listed companies have been impacted by the rising price of the stock after news of impending deals were reported in the media
Carlyle acquired Hexaware in 2021 from Baring Private Equity Asia (now EQT) for around $3 billion. The earlier promoter Baring Private Equity Asia had delisted the firm in 2020
The US investment firm is speaking with potential arrangers to help prepare for an IPO in Mumbai this year or next, the people said, asking not to be identified because the matter is private. A share sale might value Hexaware at $4 billion or more, they said.