Xtranet Technologies IPO: dates, price band, lot size and GMP
Xtranet Technologies IPO listed on 30 Jul at ₹136 (NSE, BSE). Issue dates 23 – 27 Jul 2026, price band ₹127, lot 110 shares. The shares now trade on the exchange; any pre-IPO price on this site is historical.
Listing: Xtranet Technologies listed on 30 Jul 2026 on NSE, BSE at ₹136, +₹9 (+7.1%) against the ₹127 upper band. Xtranet Technologies IPO listing date, price and gain · Recently listed IPOs
Updated 17 Oct 2026, 22:10 IST. Unofficial grey-market figures, dated.
BuyUnlistedShares tracks 208 IPOs on its calendar; the Xtranet Technologies IPO has a price band of ₹127, a lot of 110 shares and no grey-market premium reported yet as of 17 Oct 2026.
Key details
| Board | Mainboard |
|---|---|
| Issue dates | 23 – 27 Jul 2026 |
| Price band | ₹127 |
| Lot size | 110 shares |
| Issue size | ₹166.80 Cr |
| Fresh issue | ₹166.8 Cr |
| Subscription | 12.24x |
| Registrar | Kfin Technologies Ltd. |
| Lead managers | Share India Capital Services Pvt.Ltd. |
| Status | Listed |
Timeline
- Issue opens: 23 Jul
- Issue closes: 27 Jul
- Allotment: 28 Jul
- Refunds: 29 Jul
- Demat credit: 29 Jul
- Listing: 30 Jul
Live subscription
| Category | Subscribed |
|---|---|
| QIB | 7.13x |
| NII | 26.65x |
| sNII | 26.53x |
| bNII | 26.72x |
| Retail | 8.98x |
| Total | 12.24x |
Last updated 27 Jul 2026, 6:55 PM IST.
Issue details
| Face value | ₹10 |
|---|---|
| Issue type | Book Build Issue |
| Listing at | NSE, BSE |
| Market cap at the upper band | ₹664.03 Cr |
| P/E (pre-issue) | 12.21x |
| P/E (post-issue) | 16.3x |
| Fresh issue (shares) | 1,31,34,000 |
| Total shares offered | 1,31,34,000 |
| Promoter holding pre-issue | 83.63% |
| Promoter holding post-issue | 62.63% |
| Promoters | Sukhbir Singh Kukreja, Jogendrapal Singh Alagh, Shiney Sukhbir |
| Lead managers | Share India Capital Services Pvt.Ltd. |
| Registrar phone | 040-79615565 |
| Registrar email | xtranet.ipo@kfintech.com |
| Company website | xtranetindia.com |
| Anchor bid date | 22 Jul 2026 |
| Anchor lock-in ends (50%) | 27 Aug 2026 |
| Anchor lock-in ends (remaining) | 26 Oct 2026 |
Lot sizes by investor category
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 1 | 110 | ₹13,970 |
| Retail (maximum) | 15 | 1,650 | ₹2,09,550 |
| sNII (minimum) | 15 | 1,650 | ₹2,09,550 |
| bNII (minimum) | 72 | 7,920 | ₹10,05,840 |
Reservation
| Category | Share of issue | Shares offered | Basis |
|---|---|---|---|
| Anchor Investor | 30% | 39,40,200 | |
| QIB | 20% | 26,26,800 | Not more than 50% of the Issue size |
| NII (HNI) | 15% | 19,70,100 | Not less than 15% of the Issue |
| sNII | 5% | 6,56,700 | |
| bNII | 10% | 13,13,400 | |
| Retail | 35% | 45,96,900 | Not less than 35% of the Issue |
Subscription by day
| Day | QIB | NII | sHNI | bHNI | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 · 27 Jul | 7.13x | 26.65x | 26.53x | 26.72x | 8.98x | 12.24x |
Key ratios as of 31 Mar 2026
| EPS (pre-issue) | ₹10.4 |
|---|---|
| EPS (post-issue) | ₹7.79 |
| P/E (pre-issue) | 12.21x |
| P/E (post-issue) | 16.3x |
| RoNW | 29.6% |
| RoCE | 32.52% |
| RoE | 34.78% |
| PAT margin | 11.15% |
| EBITDA margin | 17.3% |
| Price / book | 3.66x |
| NAV per share | ₹34.74 |
| Debt / equity | 0.63 |
| Market cap (upper band) | ₹664.03 Cr |
Financials (₹ Cr)
| Metric | FY26 | FY25 | FY24 | FY26 vs FY25 |
|---|---|---|---|---|
| Assets | 341.97 | 321.79 | 202.94 | +6.3% |
| Total Income | 366.01 | 276.53 | 233.26 | +32.4% |
| Profit After Tax | 40.73 | 30.03 | 10.94 | +35.6% |
| EBITDA | 63.18 | 47.2 | 18.86 | +33.9% |
| NET Worth | 136.01 | 95.49 | 38.78 | +42.4% |
| Reserves and Surplus | 96.4 | 87.47 | 31.71 | +10.2% |
| Total Borrowing | 85.45 | 39.24 | 41.19 | +117.8% |
About Xtranet Technologies
Xtranet Technologies is a technology solutions company providing a broad range of information technology services, software solutions, and digital transformation offerings. The company delivers integrated technology services to clients across multiple industries through a combination of in-house capabilities, strategic partnerships, subsidiaries, and joint ventures. The company offers end-to-end IT solutions that help organizations modernize operations, enhance digital capabilities, and improve business efficiency. Its service delivery model combines onsite and offshore execution to meet diverse customer requirements.
Business Segments Enterprise Solutions: Services include ERP implementation and support, IT system integration, network and cybersecurity solutions, virtualization and cloud integration, infrastructure management, data center operations, and application development and maintenance services. Managed Services: Comprehensive IT infrastructure management services covering the planning, deployment, maintenance, optimization, and modernization of enterprise technology environments.
Digital Transformation Services: Cloud-based solutions encompassing Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS) offerings that support digital adoption and business transformation initiatives. Proprietary Technology Platforms: The company has developed its own platforms, including the Synergy low-code digital transformation platform and the XtraTrust platform, designed to enable process automation, workflow management, and digital innovation. Xtranet Technologies generates revenue through a diversified business model comprising fixed-price projects, time-and-material contracts, and recurring managed service agreements.
A significant portion of its business is derived from government departments, public sector undertakings (PSUs), and other institutional clients. As of March 31, 2025, the company had a workforce of 242 permanent employees supporting its operations across various business functions. Key Competitive Advantages Strong execution capabilities demonstrated through successful delivery of projects for government organizations and public sector enterprises. Established relationships with a diversified portfolio of long-standing and reputed customers. Experienced leadership and management team with expertise across technology and digital transformation domains.
Multi-location operational presence that enables efficient service delivery and customer support across regions.
Objects of the issue
- Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company — ₹20.2 Cr
- Capital expenditure by our Company for purchase and installation of systems and hardware — ₹8.48 Cr
- To meet working capital requirements — ₹102 Cr
- General corporate purposes — ₹18.61 Cr
- Issue Expenses — ₹17.51 Cr
Net proceeds: ₹166.8 Cr
Peer comparison
| Company | EPS (Basic) | EPS (Diluted) | NAV (₹ per share) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Xtranet Technologies (issuer) | 10.28 | 10.28 | 34.74 | — | 29.6% | — | — |
| Silver Touch Technologies | 2.82 | 2.82 | 13.38 | 63.65x | 21.06% | 13.77 | — |
| Dynacons Systems & Solutions | 66.64 | 66.64 | 247.59 | 20.2x | 26.89% | 5.45 | — |
| Coforge | 44.3 | 44.3 | 252.61 | 35.51x | 16.31% | 5.72 | — |
The impact of bonus issue effected in the Fiscal 2026 has been considered while computing the above figures of Basic and Diluted EPS and Net asset value per share for the financial year ended March 31, 2026, March 31, 2025 and March 31, 2024 as appearing in Restated Consolidated financial information. Notes: Financial information of our Company has been derived from the Restated Consolidated Financial Information as of or for the financial year ended March 31, 2026. N.A. -Not Applicable at this stage.
Offer documents: DRHP (PDF) · RHP (PDF)
Frequently asked questions
When does the Xtranet Technologies IPO open and close?
The issue is scheduled for 23 – 27 Jul 2026.
What is the Xtranet Technologies IPO price band?
The price band is ₹127 per share with a lot size of 110 shares.
How big is the Xtranet Technologies IPO?
The total issue size is ₹166.80 Cr.
When will Xtranet Technologies list?
The tentative listing date is 30 Jul on the main board.
How do I apply for the Xtranet Technologies IPO?
Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.
Sources
- Draft red herring prospectus (DRHP), Xtranet Technologies · as filed with SEBI · bseindia.com
- Red herring prospectus (RHP), Xtranet Technologies · as filed · bseindia.com
- Registrar allotment page, Kfin Technologies Ltd. · allotment 28 Jul · ipostatus.kfintech.com
- NSE public issues page · listing 30 Jul · nseindia.com
- BSE public issues page · listing 30 Jul · bseindia.com
- Xtranet Technologies company website · xtranetindia.com
- BuyUnlistedShares IPO record: GMP, subscription and allotment, dated daily · GMP as of 30 Jul, 04:01 · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Xtranet Technologies IPO”, https://buyunlistedshares.com/ipo/xtranet-technologies-ipo, as of 17 Oct 2026.
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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP. In the market since 2002. Data as of 17 Oct 2026.
Our notes on this IPO
- Read our review: Xtranet Technologies IPO Date, Key Facts, Price, Allotment Details
Guides for IPO applicants and pre-IPO holders
- The risks of buying unlisted and pre-IPO shares in India
- Unlisted Shares Lock-In Period: What Every Investor Must Know (2026)
- What Happens to Your Unlisted Shares After the IPO? Lock-In Periods Explained
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