Xtranet Technologies IPO Day 1: Subscription Status & Key Issue Details
The ₹166.80 crore Xtranet Technologies IPO opened for subscription today, July 23, 2026, with a price band of ₹120 to ₹127 per share. As of 10:30 AM on Day 1, the issue had been subscribed 0.16 times.
The IPO will remain open for subscription until July 27, 2026. The basis of allotment is expected to be finalised on July 28, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on July 30, 2026.
Xtranet Technologies IPO - Issue Details
- Issue Type: Book Built Issue (Fresh Issue Only)
- Total Issue Size: Up to ₹166.80 crore
- Fresh Issue: Up to ₹166.80 crore
- Offer for Sale (OFS): Not Applicable
- Face Value: ₹10 per equity share
- Price Band: ₹120 to ₹127 per share
- Lot Size: 110 shares
- Minimum Investment Amount (Retail Investor): ₹13,970 (110 shares at the upper price band)
- Listing: BSE, NSE
- Book Running Lead Managers: Share India Capital Services Private Limited
- Registrar: KFin Technologies Limited
Xtranet Technologies IPO Timeline (Tentative)
The expected IPO schedule is as follows:
|
Event |
Date |
|
Subscription Opening Date |
23 July 2026 |
|
Subscription Closing Date |
27 July 2026 |
|
Basis of Allotment Date |
28 July 2026 |
|
Refund Initiation Date |
29 July 2026 |
|
Credit of Shares |
29 July 2026 |
|
Listing on BSE and NSE |
30 July 2026 |
Note: The allotment and listing dates are tentative and may be revised.
Utilisation of IPO Proceeds
The company proposes to utilise the net proceeds from the fresh issue for the following purposes:
- Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by the company
- Funding capital expenditure for the purchase of systems and hardware
- Meeting the company's working capital requirements
- General corporate purposes
Explore other Upcoming IPOs on BSE and NSE.
Xtranet Technologies IPO Day 1 Subscription Status
[July 23, 2026, 10:30 AM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.00x |
|
Non-Institutional Investors (NIIs) |
0.08x |
|
Retail Individual Investors (RIIs) |
0.29x |
|
Total |
0.16x |
About Xtranet Technologies Limited
Incorporated in 2002, Xtranet Technologies Limited provides integrated IT solutions across enterprise applications, digital transformation, managed services, system integration, and secure digital solutions. Its service portfolio includes application development, ERP implementation, data centre services, business intelligence, and PKI-enabled digital signature solutions. The company caters to government, public sector undertakings (PSUs), and private sector clients across various industries through both onsite and offshore delivery models.
Key Financial Highlights
|
Particulars |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
FY23 (in ₹ crore) |
|
Revenue from Operations |
276.08 |
232.94 |
225.55 |
|
Profit After Tax |
30.03 |
10.94 |
5.98 |
|
EBITDA |
47.65 |
19.18 |
13.44 |
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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