Xtranet Technologies IPO
GMP, Subscription, Price, Dates & Financial Details
It - Software
Incorporated in 2002, Xtranet Technologies Limited is an integrated Information Technology (IT) solutions provider offering comprehensive end-to-end technology services. The company specializes in enterprise applications, digital transformation, managed IT services, proprietary technology…
Open Date
Thu, 23 Jul 2026
Close Date
Mon, 27 Jul 2026
Price Band
₹ 120 – 127
Lot Size
110
Issue Size
₹ 166.80 Cr
Minimum Investment
₹ 13,970 (110 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Xtranet Technologies IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹167 Crore, comprising a fresh issue of 1.31 Crore equity shares aggregating to ₹166.80 Crore.
The Xtranet Technologies IPO remained open for subscription from July 23, 2026, to July 27, 2026. The basis of allotment was finalized on July 28, 2026, and the company's shares were listed on the NSE and BSE on July 30, 2026.
The company had fixed the price band at ₹120 to ₹127 per share, with a lot size of 110 shares. Retail investors were required to make a minimum investment of ₹13,970 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. Share India Capital Services Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Xtranet Technologies Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Xtranet Technologies IPO Timeline (Tentative)
- IPO Open Date
- Thu, 23 Jul 26
- IPO Close Date
- Mon, 27 Jul 26
- Basis of Allotment
- Tue, 28 Jul 26
- Initiation of Refunds
- Wed, 29 Jul 26
- Credit of Shares to Demat
- Wed, 29 Jul 26
- Listing Date
- Thu, 30 Jul 26 — NSE & BSE
Open Date
23 July 2026
Close Date
27 July 2026
Basis Of Allotment
28 July 2026
Listing Date
30 July 2026
IPO Subscription
Check Live Subscription →The Xtranet Technologies IPO has received bids for 11,25,20,210 shares against 91,93,800 shares offered, resulting in an overall subscription of 12.24x. the NII category is subscribed 26.65x, Retail Investors 8.98x, and QIBs 7.13x. Within the NII category, BNII is subscribed 26.72x, while SNII is subscribed 26.53x.
QIB
7.13x
NII
26.65x
BNII
26.72x
SNII
26.53x
RII
8.98x
Total
12.24x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 45,96,900 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 26,26,800 shares (28.57%), while Non-Institutional Investors (NIIs) receive 19,70,100 shares (21.43%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Qualified Institutions | 2,626,800 | 28.57% |
| Non-Institutional | 1,970,100 | 21.43% |
| BNII | 1,313,400 | 14.29% |
| SNII | 656,700 | 7.14% |
| Retail Investors | 4,596,900 | 50% |
| Total | 9,193,800 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 341.97 | 321.79 | 202.94 |
| Revenue | 366.01 | 276.53 | 233.26 |
| Profit After Tax | 40.73 | 30.03 | 10.94 |
| Net Worth | 136.01 | 95.49 | 38.78 |
| Reserve & Surplus | 96.4 | 87.47 | 31.71 |
| Total Borrowings | 85.45 | 39.24 | 41.19 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Xtranet Technologies Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 34.78 | 44.31 | 33.09 |
| ROCE % | 32.52 | 39.59 | 30.53 |
| Debt / Equity | 0.63 | 0.41 | 1.02 |
| RoNW % | 29.6 | 31.15 | 28.38 |
| Pat Margin % | 11.15 | 10.88 | 4.7 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Xtranet Technologies Ltd | 10 | 0 | 10.28 | 10.28 | 29.6 | 34.74 |
| Silver Touch Technolo gies Ltd | 10 | 63.65 | 2.82 | 2.82 | 21.06 | 13.38 |
| Dynacon s Systems & Solutions Ltd | 10 | 20.2 | 66.64 | 66.64 | 26.89 | 247.59 |
| Coforge Limited | 10 | 35.51 | 44.3 | 44.3 | 16.31 | 252.61 |
About Xtranet Technologies Limited
Incorporated in 2002, Xtranet Technologies Limited is an integrated Information Technology (IT) solutions provider offering comprehensive end-to-end technology services. The company specializes in enterprise applications, digital transformation, managed IT services, proprietary technology platforms, and strategic technology partnerships. It caters to a diverse customer base across government, public sector undertakings (PSUs), and private enterprises through a combination of onsite and offshore delivery models, supported by its subsidiaries, joint ventures, and in-house technology platforms.
Business Offerings
The company's service portfolio includes:
- Enterprise Applications: ERP implementation, customization, support and maintenance, application development and maintenance, IT system integration, network and security solutions, virtualization and cloud integration, data centre management, and other enterprise IT services.
- Managed Services: End-to-end infrastructure management services, including the design, deployment, operation, optimization, and modernization of clients' IT infrastructure.
- Digital Services: Cloud-based solutions comprising Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), Software-as-a-Service (SaaS), digital transformation consulting, and cloud migration services.
- Proprietary Platforms: Development and deployment of its in-house technology platforms, including Synergy, a low-code digital transformation platform, and XtraTrust, a platform focused on secure digital workflows and enterprise trust solutions.
The company generates revenue through a diversified business model comprising fixed-price projects, time-and-material (T&M) contracts, and recurring managed service agreements, providing a stable revenue stream. A significant portion of its business is derived from Government departments and Public Sector Undertakings (PSUs), reflecting its strong presence in the public sector IT services market.
As of March 31, 2025, Xtranet Technologies Limited had a workforce of 242 permanent employees, supporting its operations across various service lines and customer engagements.
Xtranet Technologies IPO Promoters
- Sukhbir Singh Kukreja
- Jogendrapal Singh Alagh
- Shiney Sukhbir
Promoters Holding
Holding Pre Issue
83.63%
Holding Post Issue
62.63%
Xtranet Technologies IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company
- Capital expenditure by our Company for purchase of Systems and Hardware
- To Meet Working Capital Requirements
- General corporate purposes
Xtranet Technologies Limited Address / Contact Details
Xtranet Technologies Ltd. Address
Z-24, Zone - 1,
M.P. Nagar
Bhopal, Madhya Pradesh, 462011
Telephone: +91 1143547623
Email:compliance@xtranetindia.com
Website:https://xtranetindia.com/
IPO Snapshot
Xtranet Technologies IPO Lot Size
The Xtranet Technologies IPO has a lot size of 110 shares. Retail investors require a minimum investment of ₹13,970 by applying for 1 lot (110 shares). The maximum application allowed for the retail category is 14 lots (1,540 shares), requiring an investment of ₹1,95,580.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 110 | 13,970.00 |
| Retail (Max) | 14 | 1,540 | 195,580.00 |
| S-HNI (Min) | 15 | 1,650 | 209,550.00 |
| S-HNI (Max) | 71 | 7,810 | 991,870.00 |
| B-HNI (Min) | 72 | 7,920 | 1,005,840.00 |
Issue Reservation
- QIB — 28.57%
- NII — 21.43%
- RII — 50%
Book Running Lead Managers
- Share India Capital Services Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Xtranet Technologies IPO?
Xtranet Technologies IPO is a Book-building IPO with a total issue size of ₹166.8 crore. The Xtranet Technologies IPO price band is ₹120 to 127 per share. The Xtranet Technologies IPO subscription opens on Thu, Jul 23, 2026, and closes on Mon, Jul 27, 2026. The Xtranet Technologies IPO will be listed on the BSE,NSE. KFin Technologies Limited is the registrar for the Xtranet Technologies IPO.
When will the Xtranet Technologies IPO open for subscription?
The Xtranet Technologies IPO opens on Thu, Jul 23, 2026 and closes on Mon, Jul 27, 2026
What is Xtranet Technologies IPO Price Band?
Xtranet Technologies IPO Price Band is ₹120 to 127 per share.
What is Xtranet Technologies IPO Lot Size?
Xtranet Technologies IPO lot size is 110 shares, Retail investors need a minimum investment of ₹13970 based on the upper price band
What is the minimum investment for Xtranet Technologies IPO?
The minimum investment for Xtranet Technologies IPO is ₹13970, based on one lot of 110 shares at the upper price band of ₹127 per share.
How to apply for Xtranet Technologies IPO?
Investors can apply for the Xtranet Technologies IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Jul 27, 2026. The application amount remains blocked until the Xtranet Technologies IPO allotment is finalized.
What is Xtranet Technologies IPO Issue Size?
Xtranet Technologies IPO issue size is ₹166.8 crores.
What is the Xtranet Technologies IPO Allotment Date?
Xtranet Technologies IPO allotment date is Tue, Jul 28, 2026.
Who is the Xtranet Technologies IPO Registrar?
The registrar for Xtranet Technologies IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Xtranet Technologies IPO allotment status, refund processing, and other IPO-related information.
What is the Xtranet Technologies IPO GMP?
The Xtranet Technologies IPO GMP (Grey Market Premium) is ₹25 as of Fri, Jul 17, 2026. Based on the upper price band of ₹127 per share, the estimated Xtranet Technologies IPO listing price is ₹152, indicating a potential listing gain of approximately 19.69% over the issue price.
Who is the Xtranet Technologies IPO Lead Manager?
The book-running lead managers (BRLMs) for the Xtranet Technologies IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Xtranet Technologies IPO Red Herring Prospectus (RHP).