Carlyle Group’s Hexaware to Debut After India’s First Billion-Dollar IPO of Year

India’s IPO market has continued to be busy after last year’s record proceeds. 

Photographer: Dhiraj Singh/Bloomberg

Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.

Carlyle Group Inc.’s Hexaware Technologies Ltd. rallied on Wednesday after India’s first billion-dollar initial public offering of 2025, signaling investor appetite for new listings remains strong despite the weakness in broader markets.