Bookbuilding IPO | ₹170 Cr | Listing at BSE, NSE | Thu, Jul 23, 2026 - Mon, Jul 27, 2026
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.
Refer to Xtranet Technologies IPO RHP for detailed Information.
IPO Open
Thu, Jul 23, 2026
IPO Close
Mon, Jul 27, 2026
Price Band
₹120 to ₹127
Market Cap (Pre-IPO)
₹664.03 Cr
| IPO Date | 23 to 27 Jul, 2026 |
| Listing Date | Thu, Jul 30, 2026T |
| 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 | 1,33,85,826 shares (agg. up to ₹170 Cr) |
| Fresh Issue | 1,33,85,826 shares (agg. up to ₹170 Cr) |
| Share Holding Pre Issue | 3,91,51,700 shares |
| Share Holding Post Issue | 5,25,37,526 shares |
| 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 |
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 |
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:
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
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.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 341.97 | 321.79 | 202.94 |
| Total Income | 366.01 | 276.53 | 233.26 |
| Profit After Tax | 40.73 | 30.03 | 10.94 |
| EBITDA | 63.18 | 47.20 | 18.86 |
| NET Worth | 136.01 | 95.49 | 38.78 |
| Reserves and Surplus | 96.40 | 87.47 | 31.71 |
| Total Borrowing | 85.45 | 39.24 | 41.19 |
| Amount in ₹ Crore | |||
| 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% | ₹562.80 (-6.24%) |
| Excelsoft Technologies Ltd. | Mainboard | ₹500.00 Cr | ₹120 | 34.62 | ₹125.97 | +4.97% | ₹77.14 (-2.44%) |
| Prodocs Solutions Ltd. | SME | ₹27.60 Cr | ₹138 | 14.72 | ₹151.20 | +9.57% | ₹169.00 (-2.03%) |
| Exato Technologies Ltd. | SME | ₹37.45 Cr | ₹140 | 11.19 | ₹279.30 | +99.50% | ₹558.90 (-4.46%) |
| Infinity Infoway Ltd. | SME | ₹24.42 Cr | ₹155 | 13.81 | ₹309.20 | +99.48% | ₹377.00 (+1.34%) |
| Praruh Technologies Ltd. | SME | ₹23.50 Cr | ₹63 | 9.47 | ₹64.25 | +1.98% | ₹66.00 (+13.79%) |
| Matrix Geo Solutions Ltd. | SME | ₹40.20 Cr | ₹104 | 19.02 | ₹99.15 | -4.66% | ₹60.00 (-3.07%) |
| TechD Cybersecurity Ltd. | SME | ₹38.99 Cr | ₹193 | 32.51 | ₹385.00 | +99.48% | ₹649.10 (-1.95%) |
| Optivalue Tek Consulting Ltd. | SME | ₹51.82 Cr | ₹84 | 11.93 | ₹102.60 | +22.14% | ₹89.40 (-3.87%) |
| Globtier Infotech Ltd. | SME | ₹31.05 Cr | ₹72 | 14.82 | ₹54.72 | -24.00% | ₹17.01 (-4.97%) |
| Icodex Publishing Solutions Ltd. | SME | ₹42.03 Cr | ₹102 | 13.94 | ₹77.55 | -23.97% | ₹38.50 (-2.53%) |
| Takyon Networks Ltd. | SME | ₹20.48 Cr | ₹54 | 8.17 | ₹55.72 | +3.19% | ₹19.50 (-0.51%) |
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 |
| KPI | Mar 31, 2025 | Mar 31, 2026 |
|---|---|---|
| ROE | 44.31% | 34.78% |
| ROCE | 39.59% | 32.52% |
| Debt/Equity | 0.41 | 0.63 |
| RoNW | 31.15% | 29.60% |
| PAT Margin | 10.88% | 11.15% |
| EBITDA Margin | 17.10% | 17.30% |
| Price to Book Value | 5.21 | 3.66 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 10.40 | 7.79 |
| P/E (x) | 12.21 | 16.3 |
| Promoter Holding | 83.63% | 62.63% |
| Market Cap | ₹664.03 Cr. |
Lead Manager Reports
Xtranet Technologies IPO is a main-board IPO of 1,33,85,826 equity shares of the face value of ₹10 aggregating up to ₹170 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.
Zerodha customers can apply online in Xtranet Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Xtranet Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Xtranet Technologies IPO through Zerodha
Visit Zerodha 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 Zerodha, 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.
