Hexaware Technologies, the IT services provider, which delisted from the Indian stock markets may see a return to Dalal Street.
Bloomberg reported citing sources that the Carlyle Group is considering options for the company, including an IPO, which could raise up to $1 billion.
An IPO might value Hexaware at $4 billion or more, the report said.
Hexaware Technologies shares delisted from the bourses in November 2020 after the company's then promoters had accepted the discovered delisting price of ₹475 per share.
Nearly a year after the delisting, the Carlyle Group, a US-based Private Equity Firm, bought Baring Private Equity Asia's 62% stake in the company for nearly $3 billion in October 2021.
Considerations are still preliminary and no final decision has been taken yet, according to the report.
Hexaware provides IT and business process outsourcing services, according to its website. It also offers cloud, data and artificial intelligence services.
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