Latham Advises Hexaware on US$1 Billion IPO

Latham & Watkins has advised Hexaware, a leading global IT services company, on its US$1 billion initial public offering (IPO) on the Bombay Stock Exchange (BSE) and National Stock Exchange of India Limited (NSE). The transaction marks the largest-ever IT services IPO in India, and the first billion-dollar deal in India this year.

The Latham team was led by Singapore partner Rajiv Gupta and Hong Kong partner Dominik Sklenar, with Hong Kong associates Eunice Chan and Jay Watanatornpitak, and Singapore associate Esha Goel. Advice was also provided on tax matters by Chicago partner Enrique Rene de Vera.

ABOUT HEXAWARE 

Hexaware is a global technology and business process services company that specializes in AI-first solutions, and has over 31,000 employees across 54 offices in 28 countries.

ABOUT LATHAM’S INDIA PRACTICE

With over 20 years of experience advising on Indian debt and equity capital markets transactions, Latham has one of the largest and most active India practices among international law firms. The multi award-winning practice comprises more than 50 lawyers globally, and the team has advised on India-related matters with a combined value in excess of US$100 billion since 2018.