Xtranet Technologies IPO
Xtranet Technologies IPO
Overview
Xtranet Technologies IPO is a book build issue of ₹170.00 crores. The issue is entirely a fresh issue of 1.34 crore shares of ₹170.00 crore. Xtranet Technologies IPO opens for subscription on Jul 23, 2026 and closes on Jul 27, 2026. The allotment for the Xtranet Technologies IPO is expected to be finalized on Jul 28, 2026. Xtranet Technologies IPO will list on NSE and BSE with a tentative listing date fixed as Jul 30, 2026. Xtranet Technologies IPO is set issue price band at ₹120 to ₹127 per share. The lot size for an application is 110 shares. The minimum amount of investment required by an individual investor (retail) is ₹13,970 (110 shares) (based on upper price). The lot size investment for sNII is 15 lots (1,650 shares), amounting to ₹2,09,550, and for bNII, it is 72 lots (7,920 shares), amounting to ₹10,05,840. Share India Capital Services Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Total Shares
1,33,85,826
Issue Size
₹170 Cr
Price Band
₹120 – ₹127
Lot Size
110 shares
Min. Investment
₹13,970
Max. Investment
₹1,95,580
Open Date
23 Jul, 2026
Close Date
27 Jul, 2026
Allotment
28 Jul, 2026
Listing
30 Jul, 2026
Max. Investment
₹1,95,580
Announced
23 Jul, 2026
Opening Date
23 Jul, 2026
Closing Date
27 Jul, 2026
Basis of Allotment
28 Jul, 2026
Initiation of Refunds
29 Jul, 2026
Credit of Shares
29 Jul, 2026
Listing Date
30 Jul, 2026
Live GMP
Est. Listing: ₹152
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About Xtranet Technologies IPO
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:
- s
Xtranet Technologies IPO Share Price
Issue Breakdown
Shareholding
Dilution: 33.5% increase in shares
Xtranet Technologies IPO Financial Health
Xtranet Technologies Ltd.'s revenue increased by 32% and profit after tax (PAT) rose by 36% between the financial year ending with March 31, 2026 and March 31, 2025.
Xtranet Technologies IPO Lot Size
Investors can bid for a minimum of 110 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 110 | ₹13,970 |
| Retail (Max) | 14 | 1540 | ₹1,95,580 |
| S-HNI (Min) | 15 | 1650 | ₹2,09,550 |
| S-HNI (Max) | 71 | 7810 | ₹9,91,870 |
| B-HNI (Min) | 72 | 7920 | ₹10,05,840 |
(All values in CR)
Xtranet Technologies IPO Valuations
| Metric | Value |
|---|---|
| ROE | 44.31 |
| ROCE | 39.59 |
| Debt/Equity | 0.41 |
| RoNW | 31.15 |
| PAT Margin | 10.88 |
| EBITDA Margin | 17.10 |
| Price to Book Value | 5.21 |
(All values in CR)
Xtranet Technologies IPO Strength & Risk
Xtranet Technologies IPO Strength
- Proven track record of over two decades in delivering digital transformation and IT solutions for government departments, PSUs, and enterprise clients.
- Diversified service portfolio spanning enterprise applications, managed services, digital services, cloud solutions, and proprietary software platforms.
- Strong unexecuted order book of around ₹356.95 crore, providing healthy revenue visibility.
- Improving profitability driven by a shift toward higher-margin digital and managed services, resulting in stronger EBITDA margins and return ratios.
- Experienced management team with long-standing expertise in IT services and software development.
- Multi-location operations across India, enabling efficient project execution and access to skilled talent.
Xtranet Technologies IPO Risk
- High customer concentration, with a significant portion of revenue generated from a limited number of clients, increasing business risk if key contracts are lost.
- Heavy dependence on government and PSU projects exposes the company to long payment cycles and higher working capital requirements.
- Reliance on third-party hardware, software, OEMs, and cloud service providers may impact project execution if supply disruptions occur.
- IT services industry is highly competitive, with continuous pressure on pricing, technology upgrades, and talent retention.
- Project execution delays, cost overruns, or failure to maintain statutory approvals and certifications could adversely affect financial performance.
Xtranet Technologies IPO GMP
Xtranet Technologies IPO last GMP is ₹25, last updated Jul 18th 2026 11:35 AM. With the upper price band of ₹127.00, Xtranet Technologies IPO's estimated listing price is ₹152 (cap price + today's GMP). The expected percentage gain/loss per share is 19.69%. >> Xtranet Technologies IPO Retail Subject to Sauda: ₹2100 >> Xtranet Technologies IPO Small HNI Subject to Sauda: ₹31500
Last updated 18 Jul, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 18 Jul, 2026 | 127 | ₹25 | - | ₹152 (19.69%) | 2750 | 18 Jul, 2026 |
| 17 Jul, 2026 | 127 | ₹25 | - | ₹152 (19.69%) | 2750 | 17 Jul, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Xtranet Technologies IPO
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