Xtranet Technologies IPO

Get the latest Xtranet Technologies IPO details, including issue size, price band, lot size, IPO dates, GMP, subscription status, allotment, listing date, financials, review, and key investment information.

Upcoming 166.80 BSE, NSE
Issue size 1,31,34,000 Price band ₹120 – ₹127Face value 10Lot size 110 sharesLatest GMP ₹18Updated Jul 30, 2026

Xtranet Technologies IPO Details

Xtranet Technologies IPO bidding started from Jul 23, 2026 and ended on Jul 27, 2026. The allotment for Xtranet Technologies IPO was finalized on Jul 28, 2026. The shares got listed on NSE and BSE on Jul 30, 2026.

IPO Open Date
Jul 23, 2026
IPO Close Date
Jul 27, 2026
Price Band
₹120 – ₹127
Face Value
10
Lot Size
110 Shares
Listing Date
Jul 30, 2026
Total Issue Size
1,31,34,000
Fresh Issue
1,31,34,000
Offer for Sale
Issue Type
166.80
Min Investment
₹13,970
Registrar

Xtranet Technologies IPO GMP

The Xtranet Technologies IPO GMP snapshot provides the latest Grey Market Premium (GMP), Kostak Rate, and Subject to Sauda in one place. These unofficial grey market indicators help investors understand the prevailing market sentiment before listing. Since GMP values change frequently and are not regulated by SEBI, they should be used only as a reference and not as the sole basis for an investment decision.

Latest GMP
₹18
Est. Listing Price
₹145
Est. Listing Gain
14.17%

See full day-wise GMP & listing estimate →

Xtranet Technologies IPO Timeline (Tentative)

The timeline below provides the important dates for the Xtranet Technologies IPO, including the opening and closing of the issue, allotment, refund initiation, demat credit, and expected listing date.

EventTentative Date
IPO Open DateThu, Jul 23, 2026
IPO Close DateMon, Jul 27, 2026
Basis of AllotmentTue, Jul 28, 2026
Initiation of RefundsWed, Jul 29, 2026
Credit of Shares to DematWed, Jul 29, 2026
Listing DateThu, Jul 30, 2026
IPO OpensJuly 24, 2026
IPO ClosesJuly 28, 2026
Basis of AllotmentJuly 29, 2026
Refund InitiationJuly 29, 2026
Shares Credited to DematJuly 29, 2026
Listing DateJuly 30, 2026

Xtranet Technologies IPO Lot Size

Investors can bid for a minimum of 110 shares and in multiples thereof.

ApplicationLotsSharesAmount (₹)
Retail (Min)111013,970
Retail (Max)141,5401,95,580
S-HNI (Min)151,6502,09,550
S-HNI (Max)717,8109,91,870
B-HNI (Min)727,92010,05,840

Xtranet Technologies IPO Reservation

Xtranet Technologies IPO comprises a total issue size of 1,31,34,000 shares. Out of which, 65,67,000 (50.00%) are allocated to QIB, 19,70,100 (15.00%) allocated to NII 45,96,900 (35.00%) allocated to RII.

QIB 50% NII 15% Retail 35%

Xtranet Technologies IPO Subscription

The subscription status of the Xtranet Technologies IPO indicates the demand received from different categories of investors during the IPO bidding period. It provides an overview of investor participation across Retail, Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and other eligible categories.

CategorySubscription (times)
QIB7.13
NII/HNI26.65
Retail8.98
Total12.24

About Xtranet Technologies

Incorporated in 2002, Xtranet Technologies is an integrated IT solutions provider offering end-to-end services such as enterprise applications, digital transformation, managed services, proprietary platforms, and strategic technology partnerships. The company serves customers across industries.

Its services are delivered through a mix of onsite and offshore models, supported by subsidiaries, joint ventures, and in-house platforms.

Business Offerings:

  1. Enterprise Applications: ERP Implementation and support services, IT System Integration Services i.e., Network and Security Solution, Virtualization and Cloud Integration, Infrastructure Management Services, etc., Data Centres managment, Application Development & maintenance, etc.
  2. Managed Services: Infrastructure management services covering the design, establishment, and modernization of IT infrastructure.
  3. Digital Services: Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS)
  4. Proprietary platforms: Synergy low-code digital transformation, XtraTrust platform

It derives revenue from fixed-price projects, time-and-materials contracts, and recurring service agreements, with a significant share from Government and PSU clients.

As on April 30, 2026, the company employed 504 permanent employees.

Competitive Strengths

  • Proven track record in executing projects for Government and PSU clients
  • Long standing relationship with marquee customer base
  • Experienced Management Team
  • Geographic Presence and Multi-Location Operations

Strengths

  • *Experienced management team with industry expertise.
  • *Focus on technology-driven business solutions.
  • *Strong emphasis on innovation and digital transformation.
  • *Diversified customer base across multiple industries.
  • *Scalable business model with growth potential.
  • *Fresh issue proceeds aimed at supporting future expansion.
  • *Opportunities to benefit from increasing demand for IT and *digital services.

Risks to Consider

  • *The company operates in a highly competitive technology industry.
  • *Revenue may depend on a limited number of major clients.
  • *Rapid technological changes may require continuous investment.
  • *Business performance may be affected by economic and industry conditions.
  • *Execution risks associated with expansion and future projects.
  • *Dependence on skilled professionals for business operations.
  • *Investors should carefully review the Risk Factors section of the Red Herring Prospectus (RHP) before making an investment decision.

Xtranet Technologies Financials (₹ Cr)

The following table presents the key financial highlights of Xtranet Technologies, including revenue, profit after tax (PAT), total assets, and net worth for the reported financial periods. These figures help investors assess the company's financial performance before investing in the IPO.

PeriodRevenuePATTotal AssetsNet Worth
FY2026To be UpdatedTo be UpdatedTo be UpdatedTo be Updated
FY2025To be UpdatedTo be UpdatedTo be UpdatedTo be Updated
FY2024To be UpdatedTo be UpdatedTo be UpdatedTo be Updated

KPIs & Valuation

The table below highlights the key financial and valuation metrics of Xtranet Technologies, including profitability, return ratios, leverage, earnings, and valuation indicators. These metrics assist investors in evaluating the company's financial strength and IPO valuation.

ROE
44.31
ROCE
39.59
RoNW
31.15
PAT Margin
10.88
EBITDA Margin
17.10
Debt-to-Equity Ratio
0.41
Pre-IPO EPS
10.40
Post-IPO EPS
7.79
Pre-IPO P/E
12.21
Post-IPO P/E
16.3

Objects of the Issue

The net proceeds from the Xtranet Technologies IPO are proposed to be utilized for the objectives specified in the Red Herring Prospectus (RHP). These objectives are intended to support the company's future growth plans and strengthen its overall financial position.

  • Funding working capital requirements.
  • Investment in technology infrastructure and business expansion.
  • Strengthening operational capabilities.
  • General corporate purposes.

Promoters, Lead Managers & Registrar

The table below provides details of the promoters and the key intermediaries associated with the Xtranet Technologies IPO. These entities are responsible for managing the IPO process, regulatory compliance, investor communication, and share allotment.

Promoters

Existing Promoters and Promoter Group

Lead Managers (BRLM)

Share India Capital Services Pvt.Ltd. (Past IPO Performance)Lead Manager ReportsLead Manager Performance SummaryLead Manager Performance Tracker

Xtranet Technologies IPO Review

Xtranet Technologies operates in the technology and digital solutions sector, offering products and services that support business transformation and digital adoption. The company aims to leverage increasing demand for technology-driven solutions across various industries.

The technology sector continues to benefit from rapid digitalization, cloud adoption, automation, and enterprise software spending. These industry trends provide growth opportunities for companies with scalable business models and strong execution capabilities.

However, investors should also consider risks such as intense competition, changing technology trends, client concentration, execution challenges, and valuation before making an investment decision. Reviewing the company's financial performance, business strategy, and the Red Herring Prospectus (RHP) is recommended before investing.

How to Apply

Investors could apply for the Xtranet Technologies IPO through the ASBA (Application Supported by Blocked Amount) facility provided by banks or through the UPI-based IPO application process available on registered stock broker platforms.

Step 1: Log in to Your Trading Account

Sign in to your stock broker's website or mobile application that supports IPO investments.

Step 2: Select the IPO

Navigate to the IPO section and select Xtranet Technologies IPO.

Step 3: Enter Bid Details

Choose the number of lots you wish to apply for and enter your preferred bid price within the specified price band.

Step 4: Submit UPI ID or Use ASBA

Retail investors could submit a valid UPI ID, while ASBA users could apply through their bank's net banking portal.

Step 5: Submit the Application

Review all the details carefully and submit your IPO application.

Prospectus & Documents

The following documents provide detailed information about the Xtranet Technologies IPO, including the company's business operations, financial statements, risk factors, objects of the issue, and other statutory disclosures. Investors should review these documents carefully before applying for the IPO.

Last updated Jul 30, 2026.

Frequently Asked Questions

The Xtranet Technologies IPO is a book-built public issue through which the company raised capital by issuing fresh equity shares.

The IPO price band was ₹120 to ₹127 per equity share.

The IPO opened on July 24, 2026, and closed on July 28, 2026.

The minimum application size was 110 equity shares.

At the upper price band, the minimum investment required for retail investors was ₹13,970.