Xtranet Technologies IPO Day 3: Subscription Status & Key Issue Details
The ₹166.80 crore Xtranet Technologies IPO entered its final day of subscription today, July 27, 2026. The issue, priced in the range of ₹120 to ₹127 per share, was subscribed 2.36 times as of 10:10 AM on Day 3.
The IPO is open for bidding until today, July 27, 2026. The basis of allotment is likely to be finalised on July 28, 2026, with the shares 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 3 Subscription Status
[July 27, 2026, 10:10 AM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.91x |
|
Non-Institutional Investors (NIIs) |
2.94x |
|
Retail Individual Investors (RIIs) |
2.95x |
|
Total |
2.36x |
About Xtranet Technologies Limited
Incorporated in 2002, Xtranet Technologies Limited is an IT solutions provider offering technology services to government agencies, public sector undertakings (PSUs), and private enterprises. Its service portfolio includes enterprise applications, digital transformation, managed IT services, system integration, ERP implementation, application development, data centre solutions, business intelligence, and PKI-based digital signature services. The company executes projects 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.