Xtranet Technologies IPO open date is July 23, 2026 and the IPO will close on July 27, 2026. Xtranet Technologies IPO is a Book build Issue. The company to raise around ₹166.80 crores via IPO that comprises fresh issue of ₹166.80 crores and offer for sale up to [.] equity shares with face value of ₹10 each.
Xtranet Technologies IPO price band is ₹120 to ₹127 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Xtranet Technologies IPO to list on BSE, NSE on July 30, 2026. The allotment of Xtranet Technologies IPO date is July 28, 2026.
The company reported revenue of ₹366.01 crores in 2026 against ₹276.53 crores in 2025. The company reported profit of ₹40.73 crores in 2026 against profit of ₹30.03 crores in 2025. As per the financials, the IPO investors should apply the IPO for a long term.
Xtranet Technologies IPO Details
| IPO Open Date | July 23, 2026 |
| IPO Close Date | July 27, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹120 to ₹127 Per Share |
| Issue Size | Approx ₹166.80 Crores |
| Fresh Issue | Approx ₹166.80 Crores |
| Issue Type | Book build Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Xtranet Technologies Subscription
| Category | Offered | Applied | Times |
|---|---|---|---|
| Total | 9193800 | 13093410 | 1.42 |
| QIBs | 2626800 | 2380400 | 0.91 |
| HNIs | 1970100 | 2451130 | 1.24 |
| HNIs 10+ | 1313400 | 1351680 | 1.03 |
| HNIs 2+ | 656700 | 1099450 | 1.67 |
| Retail | 4596900 | 8261880 | 1.8 |
Application-Wise Breakup (Approx. no. of Apps) | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| Total Applications: 60984 | |||
| © IPO Premium | |||
| HNIs (10L+) | 796 | 155 | 0.19 |
| HNIs (2-10L) | 398 | 613 | 1.54 |
| Retail | 41790 | 60216 | 1.44 |
Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIBs | 33.36 | 30.23 | 0.91 |
| FIIs | - | 0 | - |
| DIIs | - | 0 | - |
| Mutual funds | - | 0 | - |
| Others | - | 30.23 | - |
| HNIs | 25.02 | 31.13 | 1.24 |
| HNIs 10+ | 16.68 | 17.17 | 1.03 |
| HNIs 2+ | 8.34 | 13.96 | 1.67 |
| Retail | 58.38 | 104.93 | 1.8 |
| Total | 116.76 | 166.29 | 1.42 |
QIB Interest Cost per share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.2 | @8% ₹0.2 | @9% ₹0.2 | @10% ₹0.2 | @11% ₹0.2 | @12% ₹0.3 |
Xtranet Technologies Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 110 | 13970 | 41790 |
| sHNI | 15 | 1650 | 209550 | 398 |
| bHNI | 72 | 7920 | 1005840 | 796 |
Xtranet Technologies Reservation
| Category | Shares Offered | % |
|---|---|---|
| Total | 13134000 | 100% |
| Anchor | 3940200 | 30% |
| QIB | 2626800 | 20% |
| HNI | 1970100 | 15% |
| Retail | 4596900 | 35% |
Xtranet Technologies About
IPO Details
| Total Issue Size | 13,134,000 shares (aggregating up to ₹166.80 Cr) |
| Fresh Issue | 13,134,000 shares (aggregating up to ₹166.80 Cr) |
| Face Value | ₹10/- Per Share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE,NSE |
| Share Holding Pre Issue | 3,91,57,700 shares |
| Share Holding Post Issue | 5,22,85,700 shares |
Key Performance Indicators (KPI)
| KPI | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| ROE | 34.78% | 44.31% | 33.09% |
| ROCE | 32.52% | 39.59% | 30.53% |
| EPS (BASIC) | 10.40 | 8.07 | 3.19 |
| P/E Pre IPO | 12.21 | ||
| P/E Post IPO | 16.3 |
Company Financial (In ₹Crore)
| Period Ended | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| 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 | 47.2 | 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 |
Peers Comparison (Valuation)
| Company | P/E (x) | CMP*(₹) | Face value (₹) |
|---|---|---|---|
| Xtranet Technologies Ltd | 10.00 | ||
| Silver Touch Technologies Limited | 63.65 | 179.35 | 10.00 |
| Dynacons Systems & Solutions Limited | 20.20 | 1345.25 | 10.00 |
| Coforge Limited | 35.51 | 1442.15 | 10.00 |
Peer Comparison (Financial Performance)
| Company | NAV/Share (₹) | RoNW (%) | EPS (Basic) (₹) |
|---|---|---|---|
| Xtranet Technologies Ltd | 34.74 | 29.60 | 10.28 |
| Silver Touch Technologies Limited | 13.38 | 21.06 | 2.82 |
| Dynacons Systems & Solutions Limited | 247.59 | 26.89 | 66.64 |
| Coforge Limited | 252.61 | 16.31 | 44.30 |
About Company
Incorporated in 2002, Xtranet Technologies Limited was originally established as Xtranet Technologies Private Limited. The company was converted into a public limited company in July 2025, adopting its present name.
Xtranet Technologies is an IT and IT-enabled services provider with over 24 years of experience, delivering technology solutions to enterprises, government organizations, and public sector undertakings. The company focuses on helping clients improve operational efficiency through customized, cost-effective, and industry-compliant digital solutions.
Its service portfolio includes Enterprise Applications (ERP implementation and support, system integration, application development and maintenance, data center management), Managed Services (IT infrastructure design, deployment, modernization, and management), and Digital Services such as Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS). The company also offers proprietary platforms, including Synergy, a low-code digital transformation platform, and XtraTrust.
Xtranet delivers its services through a combination of onsite and offshore delivery models, supported by its subsidiaries, joint ventures, and in-house technology platforms. The company generates revenue through fixed-price projects, time-and-material contracts, and recurring service agreements, with a significant contribution from Government and Public Sector Undertaking (PSU) clients.
Strength
Deep Domain Expertise: Provides comprehensive IT solutions across diverse industries, including government, BFSI, telecom, healthcare, railways, defence, automotive, education, and manufacturing.
Strong Government & Public Sector Presence: Delivers specialized solutions for smart cities, e-governance, law enforcement, and administrative automation, establishing a strong position in the public sector.
Diversified Financial Services Expertise: Serves a broad range of financial institutions, including banks, NBFCs, cooperative banks, asset management companies, stock exchanges, depositories, and fintech companies.
Risk Factors
Supplier Dependency: The company relies on third-party suppliers and OEMs for hardware and software products. Any supply disruption or quality issues may affect project execution.
Customer Concentration Risk: A significant portion of revenue comes from the top 10 customers. Loss of key customers or reduced business from them could impact revenue and profitability.
Bank Guarantee Risk: The company is required to provide performance bank guarantees for projects. Failure to arrange or invocation of these guarantees may adversely affect cash flows and financial position.
Xtranet Technologies Lead Manager(s)
Xtranet Technologies Address
Xtranet Technologies Ltd. Address
Z-24, Zone - 1,
M.P. Nagar
Bhopal, Madhya Pradesh, 462011
Phone: +91 1143547623
E-Mail: compliance@xtranetindia.com
Website: https://xtranetindia.com/
Xtranet Technologies Registrar
https://ipostatus.kfintech.com/
Kfin Technologies Limited KFintech, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Gachibowli, Hyderabad, Telangana India - 500 032.