Xtranet Technologies IPO

Xtranet Technologies IPO is listed on BSE and NSE, priced at ₹120–₹127 per share. The stock debuted at ₹136, delivering a listing gain of 7.1%. The IPO had a lot size of ₹110 shares and a minimum investment of ₹13,970.

Xtranet Technologies Limited IPO

Mainboard Listed
₹13,970 (110 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jul 23, 2026 – Jul 27, 2026
Price band
₹120-127 per equity share
Minimum Investment
₹13,970
Issue size
₹166.8 Cr
Lot size
110
Allotment Date
Jul 28, 2026
Listing
Jul 30, 2026
Listing At
BSE, NSE

IPO timeline

  1. Jul 23, 2026

    Open Date

    Completed

  2. Jul 27, 2026

    Close Date

    Completed

  3. Jul 28, 2026

    Allotment Date

    Completed

  4. Jul 30, 2026

    Listing Date

    Completed

Price Summary

Last closing
143.02 (12.61%)
52 week high
143.02
52 week low
122.50
Last update

Unofficial pre-listing indicator

Xtranet Technologies IPO Last Recorded GMP: ₹10

No GMP quote could be verified as recorded before Xtranet Technologies IPO listed. A grey-market observation of ₹10 per share was recorded on 30 Jul 2026, 8:30 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹136. GMP is unofficial and does not forecast or guarantee the actual listing price.

Last recorded GMP
₹10
GMP percentage
8%
Upper price band
₹127
Listing price
₹136

During the recorded period, Xtranet Technologies IPO GMP ranged from ₹4 to ₹19.

Xtranet Technologies IPO GMP trend (day-wise) 59 observations
Day-wise recorded GMP observations for Xtranet Technologies IPO
Date & time GMP Change GMP % Indicative price
₹10 ₹0 8% ₹137
₹10 +₹1 8% ₹137
₹9 ₹0 7% ₹136
₹9 ₹0 7% ₹136
₹9 ₹0 7% ₹136
₹9 +₹1 7% ₹136
₹8 +₹2 6% ₹135
₹6 +₹1 5% ₹133
₹5 ₹0 4% ₹132
₹5 ₹0 4% ₹132

Xtranet Technologies IPO Subscription Details

View Subscription Details
Qualified Institutional Buyers (QIBs) 7.13x
Retail Individual Investors (RIIs) 8.98x
Non-Institutional Investors (NIIs) 26.65x
bHNI (>10 Lakhs) 26.72x
sHNI (2-10 Lakhs) 26.53x
Retail 8.98x
Total 12.24x

Xtranet Technologies IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Xtranet Technologies IPO Essentials

Xtranet Technologies IPO Details

Xtranet Technologies IPO is priced at ₹120-127 per share with a total issue size of 166.8 crore. The IPO has a lot size of 110 shares and is listed on BSE and NSE.

Issue price
₹120-127 per equity share
Lot size
110 shares
Face value
₹10 Per Equity Share
Issue size
₹166.80 Crore
Total issue size
1,31,34,000 shares
(aggregating up to ₹166.8 crore)
Fresh issue
1,31,34,000 shares
(aggregating up to ₹166.8 crore)
Retail Portion
35%
Listing at
BSE, NSE
List price
136.0(NSE)
Listing date
Registrar
Kfin Technologies Ltd.
Lead manager
Share India Capital Services Pvt.Ltd.

Market Lot Size

Investors can bid for a minimum of 110 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 110 ₹13,970
Retail(max) 14 1,540 ₹1,95,580
sHNI(min) 15 1,650 ₹2,09,550
sHNI(max) 71 7,810 ₹9,91,870
bHNI(min) 72 7,920 ₹10,05,840

Xtranet Technologies IPO Documents

Xtranet Technologies IPO Reservation

Xtranet Technologies IPO reservation details show category-wise allocation of shares. Out of the total 13134000 shares, approximately 20% are reserved for QIB, 15% for NII, 35% for retail investors, and 30% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 3940200 (30%)
QIB Shares Offered 2626800 (20%)
NII (HNI) Shares Offered 1970100 (15%)
bHNI > ₹10L 1313400 (10.01%) 796
sHNI < ₹10L 656700 (5%) 398
Retail Shares Offered 4596900 (35%) 41,790
Total Shares Offered 13134000 (100%)

Xtranet Technologies IPO Analytics

Xtranet Technologies IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Xtranet Technologies IPO Subscription Status

Xtranet Technologies IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 12.24x, indicating strong demand across investor categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 26,26,800
19,70,100
13,13,400
6,56,700
45,96,900 91,93,800
Day 1 23-07-26 05:00 PM
0.91 x
0.75x
0.53x
1.20x
1.38 x 1.11 x
Day 2 24-07-26 05:00 PM
0.91 x
2.12x
1.77x
2.81x
2.50 x 1.96 x
Day 3 27-07-26 05:00 PM
7.13 x
26.65x
26.72x
26.53x
8.98 x 12.24 x
Total No. of Applications
bHNI sHNI Retail
3,31,516 (Approx) 5.51x 25.73x 7.58x

Xtranet Technologies Valuations

Earnings

EPS Pre IPO
₹10.40/-
EPS Post IPO
₹7.79/-
P/E Pre IPO
12.21
P/E Post IPO
16.30

Returns

ROE
34.78%
ROCE
32.52%
RoNW
29.60%
PAT Margin
11.15%

Fundamentals

Debt / Equity
0.63
Price / Book
3.66
Market Cap
₹664.03 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Xtranet Technologies Financials( In Crs.)

31-Mar-26 31-Mar-25 31-Mar-24
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
Reserves & Surplus 96.40 87.47 31.71
Total Borrowing 85.45 39.24 41.19

Xtranet Technologies Company & Offer Insights

About Xtranet Technologies

Xtranet Technologies, incorporated in 2002, is a company that provides integrated IT solutions including enterprise application services, digital transformation, managed services, proprietary platforms, technology partnerships, among others. The company caters to customers in multiple sectors.The business services are provided both onsite and offshore, involving subsidiaries, joint ventures, and in-house platforms.

Business Offerings:
Enterprise Applications: Enterprise Resource Planning (ERP) services and application services; IT System Integration Services including network and security solution, virtualization and cloud integration, infrastructure management services, among others; Data Centers, application development and maintenance, among others.
Managed Services: Providing infrastructure management services, including IT infrastructure design, implementation and upgrade services.
Digital Services: Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS)
Proprietary platforms: Synergy low code digital transformation and XtraTrust platform.
The sources of revenue include fixed price projects, time and material projects, and managed service agreements. Significant amounts come from government and public sector undertakings clients.

As of March 31, 2025, the firm had 242 permanent employees.

Xtranet Technologies Promoter(s)

Sukhbir Singh Kukreja, Jogendrapal Singh Alagh, Shiney Sukhbir are the company's promoters of Xtranet Technologies.

Xtranet Technologies IPO Issue Objectives

Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company - ₹21.99 Cr
Capital expenditure by our Company for purchase and installation of Systems and Hardware - ₹7.30 Cr
To Meet Working Capital Requirements - ₹102.0 Cr
General Corporate Purposes

Xtranet Technologies IPO - Anchor Investors

Xtranet Technologies Limited finalised its anchor investor allocation on July 22, 2026, raising ₹50.04 crore from 10 institutional investors at an anchor price of ₹127 per share.

The anchor book comprises 39,40,200 equity shares allocated across domestic mutual fund schemes and non-mutual fund institutional investors. Saint Capital Fund and Viney Growth Fund each received the largest allocation at 16.01%, followed by Tiger Strategies Fund-I at 14.00% and Longthrive Capital VCC – Trendview Capital Fund at 13.99%.

Taurus Mutual Fund is the sole domestic mutual fund participant, with 3,93,800 shares (9.99%) allocated across three schemes — Taurus Flexi Cap Fund (6.00%), Taurus Mid Cap Fund (2.00%), and Taurus ELSS Tax Saver Fund (2.00%).

Xtranet Technologies IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Xtranet Technologies N/A N/A 29.60% 365
Silver Touch Tech 13.77 63.65 21.06% 341
Dynacons Systems 5.45 20.20 26.89% 1424
Coforge 5.72 35.51 16.31% 16402

Xtranet Technologies IPO - Strengths and Risks

Xtranet Technologies IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Expert Knowledge of IT Solutions for Various Industries: Offered services cover a wide range of industries such as governments, BFSI, telecommunication, health care, railway, defence, automobile, education, manufacturing, and many others.
High-Level Experience with the Government Sector and Public Sector Solutions: Provided special solutions for smart cities, e-government, law enforcement and administration automation which ensures a high-level presence in the public sector.
Wide Expertise in Financial Services: Provided services for the wide range of financial institutions including banks, NBFCs, co-operative banks, AMCs, stock exchanges, depositories and fintech firms.

Risks

Dependency on Suppliers and OEMs: The company uses hardware and software products supplied by third parties and OEMs. Problems with suppliers or quality can disrupt the project.
High-Level Dependency on the Top Customers: The company generates significant revenues from its top ten customers. Loss or decrease of business with them might affect revenue and profitability.
Necessity of Performance Bank Guarantees: The company should have performance bank guarantees for the projects. The inability to arrange them might harm company finances.

Contact Information

Contact Details

Xtranet Technologies

+91 1143547623

compliance@xtranetindia.com

https://xtranetindia.com

Z-24, Zone - 1, M.P. Nagar, Bhopal, Madhya Pradesh - 462011.

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

xtranet.ipo@kfintech.com

https://ipostatus.kfintech.com/

Frequently Asked Questions

Click any question to reveal the answer

Xtranet Technologies IPO is a book-built IPO worth ₹166.8 crore. The price band is ₹120–₹127 per share. The IPO opens on Jul 23, 2026 and closes on Jul 27, 2026. It will be listed on BSE and NSE. Kfin Technologies Ltd. is the registrar.

The price band of Xtranet Technologies IPO is ₹120 to ₹127 per share.

The lot size of Xtranet Technologies IPO is 110 shares.

The minimum investment for Xtranet Technologies IPO is approximately ₹13,970 based on the upper price band .

Xtranet Technologies IPO opens on Jul 23, 2026 and closes on Jul 27, 2026.

The allotment date of Xtranet Technologies IPO is Jul 28, 2026.

Xtranet Technologies IPO is expected to be listed on Jul 30, 2026, on BSE and NSE .

No GMP quote could be verified as recorded before Xtranet Technologies IPO listed. A grey-market observation of ₹10 per share was recorded on 30 Jul 2026, 8:30 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹136. GMP is unofficial and does not forecast or guarantee the actual listing price.

Xtranet Technologies IPO listed on Jul 30, 2026. It was issued at ₹136.0(NSE) and is currently around ₹143.02 as on 10-Aug-2026 3:30 PM, which is approximately 12.6% versus issue price. The 52-week high is ₹143.02.

Based on listing and post-listing performance, Xtranet Technologies IPO delivered around 12.6% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Xtranet Technologies IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Xtranet Technologies IPO valuation snapshot: P/E 16.30, EPS ₹7.79/-, P/B 3.66, RoNW 29.60%, and market cap ₹664.03 Cr.

To apply for Xtranet Technologies IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Xtranet Technologies IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Xtranet Technologies IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Xtranet Technologies IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Xtranet Technologies IPO allotment status on IPO Ji for quick and easy access.