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Latest GMP
- Lead Manager
- Share India Capital Services Private Limited
- IPO Registrar
- KFIN Technologies Limited
- IPO Open Date
- 23rd Jul 2026
- IPO Close Date
- 27th Jul 2026
- Allotment date
- 28th Jul 2026
- Listing date
- 30th Jul 2026
- Issue Size
- ₹ 167 Cr.
- Issue Price Band
- ₹ 120 to 127
- Lot Size
- 110 Share
- Minimum Investment
- ₹ 13970
Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.
About Xtranet Technologies Limited
Incorporated in 2002, Xtranet Technologies Ltd 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 various industries.
Its services are delivered through a mix of onsite and offshore models, supported by subsidiaries, joint ventures, and in-house platforms.
Business Offerings
Enterprise Applications
ERP implementation and support services, IT system integration (including network and security solutions, virtualisation and cloud integration), infrastructure management services, data centre management, application development & maintenance, and related services.
Managed Services
Infrastructure management services covering the design, establishment, and modernisation of IT infrastructure.
Digital Services
Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS).
Proprietary Platforms
- Synergy low-code digital transformation platform
- XtraTrust platform
Revenue Model
The company derives revenue from fixed-price projects, time-and-materials contracts, and recurring service agreements, with a significant share coming from Government and PSU clients.
Workforce
As of March 31, 2025, the company employed 242 permanent employees.
Competitive Strengths
- Proven track record in executing projects for Government and PSU clients
- Long-standing relationships with marquee customer base
- Experienced management team
- Geographic presence and multi-location operations
IPO Subscription Details
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|---|---|---|
| QIB (Ex Anchor) | 26,26,800 (28.57%) | 1,87,37,400 | 7.13 |
| NII | 19,70,100 (21.43%) | 5,25,09,490 | 26.65 |
| bNII (> ₹10L) | 13,13,400 (14.29%) | 3,50,89,670 | 26.72 |
| sNII (< ₹10L) | 6,56,700 (7.14%) | 1,74,19,820 | 26.53 |
| Retail | 45,96,900 (50.00%) | 4,12,73,320 | 8.98 |
| Total | 91,93,800 (100.00%) | 11,25,20,210 | 12.24 |
Grey Market Premium (GMP)
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 29-07-2026 | ₹127 | ₹12 | ₹139 ( 9.45% ) | ₹1,320.00 | 29-Jul-2026 05:29 PM |
| 28-07-2026 | ₹127 | ₹7.5 | ₹134.5 ( 5.91% ) | ₹825.00 | 28-Jul-2026 10:03 AM |
| 27-07-2026 | ₹127 | ₹6 | ₹133 ( 4.72% ) | ₹660.00 | 27-Jul-2026 03:30 PM |
| 25-07-2026 | ₹127 | ₹10 | ₹137 ( 7.87% ) | ₹1,100.00 | 25-Jul-2026 11:53 AM |
| 24-07-2026 | ₹127 | ₹9 | ₹136 ( 7.09% ) | ₹990.00 | 24-Jul-2026 06:09 PM |
| 23-07-2026 | ₹127 | ₹10 | ₹137 ( 7.87% ) | ₹1,100.00 | 23-Jul-2026 04:24 PM |
Financials of Xtranet Technologies Limited
A quick overview of the key financial performance of Xtranet Technologies Limited.
Total Assets (₹ Cr)
Revenue (₹ Cr)
Profit after Tax (₹ Cr)
*All values are in Rs. Cr
Company Financials
Revenue decreased by 16%, Profit after Tax (PAT) decreased by 64%, Total Assets decreased by 37% between FY2025 and FY2026.
| Period Ended | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 366.01 | 276.53 | 233.26 |
| Assets | 341.97 | 321.79 | 202.94 |
| 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 & Surplus | 96.40 | 87.47 | 31.71 |
| Total Borrowings | 85.45 | 39.24 | 41.19 |
IPO Lot Size
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
| 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 |
Key Performance Indicators (KPI)
| KPI | Latest |
|---|---|
| ROE (%) | 34.78 |
| ROCE (%) | 32.52 |
| Debt / Equity | 0.63 |
| RoNW (%) | 29.6 |
| PAT Margin (%) | 11.15 |
| EBITDA Margin (%) | 17.3 |
| Price to Book Value | 3.66 |
|
Pre IPO
Post IPO
|
|
| EPS (₹) |
10.4
7.79
|
| P/E (x) |
12.21
16.3
|
| Promoter Holding (%) |
83.63
62.63
|
| Market Cap | 664.03 |
IPO Lead Manager(s)
Lead Manager Details
- Share India Capital Services Private Limited
- Contact Person: Mr. Kunal Bansal
- SEBI Registration Number: INM000012537
- Investor Grievance Email: mb@shareindia.com
- Website: https://www.shareindia.com
- Email: kunal.bansal@shareindia.co.in
- Phone: +91-120-6483000
- Address: A-25, Basement, Sector-64, Gautam Buddha Nagar, Noida - 201301, Uttar Pradesh, India
IPO Registrar
- Registrar Name
- KFIN Technologies Limited
- xtranet.ipo@kfintech.com
- Phone
- +91 40 6716 2222 / 18003094001
- Contact Person
- M. Murali Krishna
- SEBI Registration Number
- INR000000221
- Address
- Selenium Tower-B, Plot No. 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad - 500032, Telangana
- Website
- https://www.kfintech.com/
Company Contact Details
- Company Name
- Xtranet Technologies Limited
- Phone
- +91 11 4354 7623
- Contact Person
- Kavita Malik, Company Secretary and Compliance Officer
- Corporate Identity Number
- U72200MP2002PLC014956
- Address
- Z-24, Zone-1, M.P. Nagar, Bhopal - 462011, Madhya Pradesh, India
- Website
- https://xtranetindia.com/
Xtranet Technologies Limited FAQs
