WhatsApp
Call Us

Choose Broker-

IPO Open

Thu, Jul 23, 2026

IPO Close

Mon, Jul 27, 2026

Price Band

₹120 to ₹127

Market Cap (Pre-IPO)

To be declared

IPO Details

  • IPO Date
    23 to 27 Jul, 2026
  • Listing Date
    Thu, Jul 30, 2026
  • Face Value
    ₹10 per share
  • Price Band
    ₹120 to ₹127
  • Lot Size
    110 Shares
  • Sale Type
    Fresh capital only
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE NSE
  • Total Issue Size
    1,31,34,000 shares (agg. up to ₹167 Cr)
  • Offer for Sale
    1,31,34,000 shares (agg. up to ₹167 Cr)
  • Share Holding Pre Issue
    3,91,51,700 shares
  • Share Holding Post Issue
    5,22,85,700 shares

IPO Timetable (Tentative)

  • IPO Open
    Thu, Jul 23, 2026
  • Allotment
    Tue, Jul 28, 2026
  • Credit of Shares
    Wed, Jul 29, 2026
  • IPO Close
    Mon, Jul 27, 2026
  • Refund
    Wed, Jul 29, 2026
  • Listing
    Thu, Jul 30, 2026

Issue Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Issue size
Retail Shares Offered Not less than 35% of the Issue
NII Shares Offered Not less than 15% of the Issue

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 1,540 ₹1,95,580
S-HNI (Min) 15 1,650 ₹2,09,550
S-HNI (Max) 71 7,810 ₹9,91,870
B-HNI (Min) 72 7,920 ₹10,05,840

About Xtranet Technologies Ltd.

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 Applicationse., 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 March 31, 2025, the company employed 242 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

Company Financials (Restated Consolidated)

Period Ended 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 321.79 202.94 223.99
Total Income 276.53 233.26 222.78
Profit After Tax 30.03 10.94 5.98
EBITDA 47.65 19.18 13.44
NET Worth 95.49 38.78 26.20
Reserves and Surplus 87.54 32.02 19.35
Total Borrowing 39.24 41.19 7.37

Recently Listed IPOs in IT Enabled Services

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
Amagi Media Labs Ltd. Mainboard ₹1,788.62 Cr ₹361 -101.78 ₹348.25 -3.53% ₹598.95 (+6.46%)
Excelsoft Technologies Ltd. Mainboard ₹500.00 Cr ₹120 34.62 ₹125.97 +4.97% ₹79.04 (+0.87%)
Prodocs Solutions Ltd. SME ₹27.60 Cr ₹138 14.72 ₹151.20 +9.57% ₹172.50 (+2.07%)

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company
    21.99
  • 2 Capital expenditure by our Company for purchase and installation of Systems and Hardware;
    7.30
  • 3 To Meet Working Capital Requirements
    102.00
  • 4 General corporate purposes

Key Performance Indicator (KPI)

KPI Mar 31, 2025
ROE 31.12%
ROCE 38.01%
Debt/Equity 0.41
RoNW 31.18%
PAT Margin 10.86%
EBITDA Margin 17.26%
Check IPO Peer Comparison here.
Pre IPO Post IPO
Promoter Holding 83.63% 62.63%
Sukhbir Singh Kukreja, Jogendrapal Singh Alagh and Shiney Sukhbir

IPO Registrar

Kfin Technologies Ltd.

IPO Lead Manager(s)

  1. Share India Capital Services Pvt.Ltd.  (Past IPO Performance)

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Xtranet Technologies Ltd. Address
Z-24, Zone – 1,
M.P. Nagar
Bhopal, Madhya Pradesh, 462011

IPO FAQs

Xtranet Technologies IPO is a main-board IPO of 1,31,34,000 equity shares of the face value of ₹10 aggregating up to ₹167 Crores. The issue is priced at ₹120 to ₹127. The minimum order quantity is 110.

The IPO opens on Thu, Jul 23, 2026, and closes on Mon, Jul 27, 2026.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Angel One customers can apply online in Xtranet Technologies IPO using UPI as a payment gateway. Angel One customers can apply in Xtranet Technologies IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Xtranet Technologies IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Xtranet Technologies IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

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

Xtranet Technologies IPO lot size is 110, and the minimum amount required for application is ₹13,970.

You can apply in Xtranet Technologies IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Xtranet Technologies IPO will be done on Tuesday, July 28, 2026, and the allotted shares will be credited to your demat account by Wed, Jul 29, 2026. Check the Xtranet Technologies IPO allotment status.

The Xtranet Technologies IPO listing date is not yet announced. The tentative date of listing is Thu, Jul 30, 2026.

Stock Broker Reviews India

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited 2

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

Advertisments

Compare India's most trusted brokers side-by-side to find your perfect match.