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Sanjay Bambhaniya ·

Xtranet Technologies IPO Details 2026

Mainboard Book Build Open
(IT) and IT-Enabled Services (ITES)
BSE, NSE
Price Band
₹120 - ₹127
Issue Size
₹166.80 Cr.
Lot Size
110
Min. Investment
₹13,970
Live GMP ₹9
7.09% Est. Listing: ₹136
IPO Timeline
DRHP FILED September 25, 2025
OPEN July 23, 2026
CLOSE July 27, 2026
ALLOTMENT July 28, 2026
LISTING July 30, 2026

Xtranet Technologies

Company overview & key insights

The Xtranet Technologies IPO size is ₹166.80 crore, including a fresh issue of ₹166.80 crore and an offer for sale of ₹ crore. It is a book built issue. The IPO issue opens on July 23, 2026 and closes on July 27, 2026. The share allotment is expected on July 28, 2026, and the listing date is July 30, 2026. Xtranet Technologies Limited is based in Bhopal, Madhya Pradesh and operates in the Information Technology (IT) and IT-Enabled Services (ITES) sector. It filed its DRHP on September 25, 2025 and will list its shares on BSE, NSE. Kfin Technologies Ltd.is the registrar, while Share India Capital Services Pvt.Ltd. serves as the merchant banker for the offer.

Xtranet Technologies launches a ₹166.80 crore fresh mainboard IPO to finance working capital, IT hardware infrastructure, and debt repayments.

Xtranet technologies ipo

IPO Highlights

Key details & important dates

IPO Details

Total Issues ₹166.80 Cr.
Fresh Issue ₹166.80 Cr.
Offer for Sale -
IPO Price Band ₹120 - ₹127
Face Value ₹8
Lot Size 110
Listed On BSE, NSE

IPO Dates

DRHP Filed September 25, 2025
Issue Open July 23, 2026
Issue Close July 27, 2026
Allotment Date July 28, 2026
Refunds Initiation July 29, 2026
Credit of Shares July 29, 2026
Listing Date July 30, 2026

IPO Issue Structure

Reservation & Lot Size Details

The company has reserved shares for various investor categories. The Retail Shares reservation is not less than 35%, and QIB has not more than 50%. Further, the minimum lot size is 110 shares. The anchor investor reservation is % ( shares), and the market maker reservation is % ().

IPO Reservation

QIB
Anchor Investor
QIB (Ex. Anchor)
NII (HNI)
bNII > ₹10L
sNII < ₹10L
Retail
Employee
Shareholder
Market Maker
Total 1,31,34,000

IPO Lot Size

Retail (Min)
1 | 110 Shares
₹13,970
Small Investor Quota
Retail (Max)
14 | 1,540 Shares
₹1,95,580
Retail Investment Limit
S-HNI (Min)
15 | 1,650 Shares
₹2,09,550
Small HNI (₹2L – ₹10L)
S-HNI (Max)
71 | 7,810 Shares
₹9,91,870
Small HNI (Up to ₹10 L)
B-HNI (Min)
72 | 7,920 Shares
₹10,05,840
Big HNI (Above ₹10L)

IPO Documents & GMP

Prospectus & Grey Market Premium

On September 25, 2025 the company filed its Draft Red Herring Prospectus. The Red Herring Prospectus is available to understand the business operations, financials, and the risks involved.

IPO GMP

Live

The Grey Market Premium indicates the extra price that people pay in the unofficial market. This value changes daily based on demand for the shares.

Track live GMP Today

Financial Performance (₹ in Cr)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Total Income276.53233.26223
Profit After Tax30.0310.945.98
EBITDA47.6519.1813.44
Net Worth95.4938.7826.2
Assets321.79202.94223.99
Total Debt39.2441.197

Key Performance Indicator

ParticularsFY25FY24FY23
EBITDA Margin (%)17.26
PAT Margin (%)10.86
EPS (₹)10.28
ROE (%)31.12
ROCE (%)38.01
ROA (%)
Debt to Equity (x)0.41

IPO Financial Snapshot

Objectives & Key Metrics

IPO Objectives

Funding working capital requirements of the Company ₹102.00 Cr.
Repayment/pre-payment of certain outstanding borrowings ₹21.99 Cr.
Capital expenditure for purchase and installation of Systems and Hardware ₹7.30 Cr.
General Corporate Purposes ₹35.51 Cr.
Total Fund Requirement ₹166.80 Cr.

IPO Key Metrics

Pre IPO EPS
10.28
Earnings Per Share
Post IPO EPS
Earnings Per Share
Pre IPO P/E
12.35
Price to Earnings
Post IPO P/E
Price to Earnings
Market Capitalization – Cr.

Xtranet Technologies Company Details

Company Profile · Overview

Xtranet Technologies Limited started its business in 2002. The company operates in the Information Technology (IT) and IT-Enabled Services (ITES) sector. It manufactures enterprise software applications, digital transformation platforms, and IT infrastructure solutions for the Indian and global market. The team provides system integration and managed IT services to clients. Its main office is in Bhopal, Madhya Pradesh. It serves numerous enterprise and public sector customers every year. The firm employs 242 workers in various departments. Its leadership team has over two decades of industry experience. The company holds several quality certificates for its operations including ISO standards.

Main Offerings

Enterprise Applications
Managed IT Infrastructure Services
Digital Transformation Platforms
Cloud Integration Solutions

Key Strengths

Proven track record with government clients
Longstanding relations with marquee customers
Experienced core leadership team
Presence across multiple locations
Company Address: Z-24, Zone – 1, M.P. Nagar, Bhopal, Madhya Pradesh, 462011. +91 1143547623 / compliance@xtranetindia.com
Intermediaries
Registrar
Kfin Technologies Ltd.
040-79615565
xtranet.ipo@kfintech.com
Lead Manager
Share India Capital Services Pvt.Ltd.
Market Maker
Promoters
Promoter Group
Sukhbir Singh Kukreja Jogendrapal Singh Alagh and Shiney Sukhbir

Frequently Asked Questions

5 FAQs
What is the Xtranet Technologies IPO?

Xtranet Technologies IPO offers 1,31,34,000 equity shares priced between ₹120 and ₹127, opening on 23 July 2026 and closing on 27 July 2026. The total issue size is ₹166.80 crore. The entire offer consists of a fresh issue of 1.31 crore shares.

What are the opening and closing dates for this IPO?

The subscription opens on July 23, 2026. The issue closes on July 27, 2026.

What is the price band and minimum investment amount?

The price band is ₹120 to ₹127 per equity share. Retail investors need a minimum investment of ₹13,970 for 110 shares.

Who is the official registrar of the Xtranet Technologies IPO?

The official registrar is Kfin Technologies Ltd. You can reach them at 040-79615565 or email xtranet.ipo@kfintech.com.

Where will the shares of Xtranet Technologies be listed?

The equity shares will list on both BSE and NSE platforms.

Sanjay Bambhaniya
Sanjay Bambhaniya
Sanjay has 8+ years of experience in data-driven IPO insights. His expertise in digital marketing and web development complements his financial knowledge and helps him to develop effective fintech solutions. He is an entrepreneur and director who helps investors understand complex primary market trends in easy-to-understand IPO reports, news, and updates.
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