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XTRANET TECHNOLOGIES IPO

ALREADY DEPARTEDNSE, BSE · MAINBOARD · IT ENABLED SERVICES
INDICATIVE FARE / PRICE BAND
₹127
BAND INDICATIVE · NOTHING FINAL UNTIL THE RHP
FIGURES ON THIS PAGE AS OF 10 AUG 2026, 11:30 IST · REFRESHED THROUGH THE DAY
THE FARE BOARD · KEY NUMBERS

BY THE NUMBERS.

PRICE BAND
₹127
LOT SIZE
110 SHARES
ISSUE SIZE
₹166.80 CR
MIN INVESTMENT
₹13,970 · 110 SHARES
P/E RATIO
12.21
THE TIMETABLE · FOUR STOPS
THE JOURNEY.
OPENS
23 JUL 26
✓ STOP CLEARED
CLOSES
27 JUL 26
✓ STOP CLEARED
ALLOTMENT
28 JUL 26
✓ STOP CLEARED
LISTING
30 JUL 26
✓ STOP CLEARED
ANCHOR BIDDING22 JUL 26REFUNDS INITIATED29 JUL 26SHARES IN DEMAT29 JUL 26ANCHOR LOCK-IN ENDS · 30 DAY27 AUG 26ANCHOR LOCK-IN ENDS · 90 DAY26 OCT 26
TIMETABLE AS FILED · DATES CAN MOVE · CONFIRM AGAINST THE OFFICIAL RHP AND THE REGISTRAR
END OF THE LINE · LISTING DAY

WHERE IT LANDED.

LISTING PRICE
₹136
DAY-1 LISTING GAIN
+7.09%
THE BOOKING SHEET · SUBSCRIPTION

HOW FULL THE BUS GOT.

OVERALL SUBSCRIPTION12.24×
QIB7.13×
NII26.65×
SMALL HNI26.53×
BIG HNI26.72×
RETAIL8.98×
THE CENTRE TICK = 1× · BUS FULL · SUBSCRIPTION FIGURES AS REPORTED BY THE EXCHANGES · TIMES THE ISSUE · INFORMATION ONLY
THE FARE TABLE · WHAT AN APPLICATION COSTS

TICKET CLASSES.

APPLICATIONLOTSSHARESAMOUNT
RETAIL · MINIMUM · AS PUBLISHED1110₹13,970
RETAIL · MAXIMUM · COMPUTED141,540₹1,95,580
SMALL HNI · MINIMUM · AS PUBLISHED151,650₹2,09,550
SMALL HNI · MAXIMUM · COMPUTED717,810₹9,91,870
BIG HNI · MINIMUM · AS PUBLISHED727,920₹10,05,840
EACH ROW SAYS WHETHER ITS FIGURES ARE THE QUANTITIES PUBLISHED FOR THIS ISSUE OR OUR OWN ARITHMETIC · COMPUTED ROWS ARE LOT SIZE × UPPER BAND · AMOUNTS AT THE UPPER BAND OF ₹127 · CATEGORY LIMITS PER SEBI THRESHOLDS (₹2 LAKH RETAIL CEILING, ₹10 LAKH SHNI/BHNI BOUNDARY) · INFORMATION ONLY · WE DO NOT ACCEPT OR PROCESS IPO APPLICATIONS
THE MANIFEST · ISSUE STRUCTURE

HOW THE ISSUE IS BUILT.

FACE VALUE
₹10
ISSUE TYPE
BOOK BUILD ISSUE
FRESH ISSUE
₹166.8 CR
1,31,34,000 SHARES
TOTAL SHARES OFFERED
1,31,34,000

The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.

FIGURES AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
THE GAUGES · VALUATION AND RETURNS

ON THE DASHBOARD.

EPS · PRE-ISSUE
10.4
EPS · POST-ISSUE
7.79
P/E RATIO
12.21
P/E · POST-ISSUE
16.3
RONW
29.6%
ROCE
32.52%
ROE
34.78%
PAT MARGIN
11.15%
EBITDA MARGIN
17.3%
PRICE / BOOK
3.66
NAV PER SHARE
₹34.74
DEBT / EQUITY
0.63
MARKET CAP
₹664.03 CR
FIGURES STATED AS OF 31 MAR 2026 · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · A REPORTED RATIO IS NOT A VIEW ON VALUE · CONFIRM AGAINST THE OFFICIAL RHP
THE LOGBOOK · REPORTED FINANCIALS

THE RUNNING RECORD.

INR CR31 MAR 2431 MAR 2531 MAR 26
ASSETS202.94321.79341.97
TOTAL INCOME233.26276.53366.01
PROFIT AFTER TAX10.9430.0340.73
EBITDA18.8647.263.18
NET WORTH38.7895.49136.01
RESERVES AND SURPLUS31.7187.4796.4
TOTAL BORROWING41.1939.2485.45
AMOUNTS IN INR CR · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · CONFIRM AGAINST THE OFFICIAL RHP
OTHER SERVICES ON THIS ROUTE · PEER GROUP

WHO ELSE RUNS THIS LINE.

PEEREPS (BASIC)EPS (DILUTED)NAV (₹ PER SHARE)P/E (X)RONW (%)P/BV RATIO
Xtranet Technologies · THIS ISSUER10.2810.2834.7429.6
Silver Touch Technologies2.822.8213.3863.6521.0613.77
Dynacons Systems & Solutions66.6466.64247.5920.226.895.45
Coforge44.344.3252.6135.5116.315.72
PEER GROUP STRUCK AS AT 31 MAR 2025 · AS PUBLISHED FOR THIS ISSUE · NOT LIVE MARKET QUOTES, AND NOT A COMPARISON DRAWN BY BUYUNLISTEDSHARES
THE NOTE PUBLISHED WITH THIS PEER GROUP

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. All the financial information for listed industry peer is on a consolidated basis and is sourced from the financial information of such listed industry peer available on the website of the stock exchanges/annual report, as of and for year ended March 31, 2026. Basic and diluted EPS refers to the Basic and diluted EPS sourced from the publicly available financial results of the respective companies for the financial year 2025-26. The industry P/E ratio mentioned above is sourced from BSE for peers as of July 02, 2026. Return on Net Worth (%) =Net Profit after tax attributable to owners of the Company/ Net Worth at the end of the year. Net Asset Value per Equity Share (in ₹) = Net worth at the end of the year / Weighted number of equity shares outstanding at the end of the year.

WHERE THE FARE GOES · OBJECTS OF THE ISSUE

WHAT THE MONEY IS FOR.

OBJECT OF THE ISSUEINR CR
Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company20.2
Capital expenditure by our Company for purchase and installation of systems and hardware8.48
To meet working capital requirements102
General corporate purposes18.61
Issue Expenses17.51
INR CR 166.8 ALLOCATED IN TOTAL · OBJECTS AND AMOUNTS AS PUBLISHED FOR THIS ISSUE · AN OBJECT WITH NO AMOUNT AGAINST IT IS SHOWN AS PUBLISHED · CONFIRM AGAINST THE OFFICIAL RHP
THE SEATING PLAN · CATEGORY RESERVATION

WHO GETS WHICH SEATS.

ANCHOR INVESTOR
39,40,200
SHARES
QIB
26,26,800
Not more than 50% of the Issue size
NII (HNI)
19,70,100
Not less than 15% of the Issue
SNII
6,56,700
SHARES
BNII
13,13,400
SHARES
RETAIL
45,96,900
Not less than 35% of the Issue
1,31,34,000 SHARES ACROSS ALL CATEGORIES · CATEGORY SPLIT AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
ABOUT THIS SERVICE

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.

THE CREW · WHO IS RUNNING THIS SERVICE

ON THE ROSTER.

PROMOTERS
NAMES
Sukhbir Singh Kukreja, Jogendrapal Singh Alagh, Shiney Sukhbir
HOLDING PRE-ISSUE
83.63%
HOLDING POST-ISSUE
62.63%
BOOK-RUNNING LEAD MANAGERS
1 APPOINTED
Share India Capital Services Pvt.Ltd.
REGISTRAR TO THE ISSUE
NAME
Kfin Technologies Ltd.
PHONE
040-79615565
THE COMPANY
PHONE
+91 1143547623
REGISTERED OFFICE
Z-24, Zone - 1, M.P. Nagar, Bhopal, Madhya Pradesh, 462011
DETAILS AS PUBLISHED FOR THIS ISSUE · ALLOTMENT IS HANDLED BY THE REGISTRAR, NOT BY BUYUNLISTEDSHARES · WE NEVER ASK FOR PAN OR APPLICATION DETAILS
THE ENQUIRY DESK · QUESTIONS

COMMON QUESTIONS.

What is the Xtranet Technologies IPO price band?+

The indicative price band is ₹127 per share. The binding terms are the ones in the Red Herring Prospectus (RHP).

What is the lot size of the Xtranet Technologies IPO?+

One lot is 110 shares. At the upper band of ₹127, one lot works out to ₹13,970.

How many lots can a retail investor apply for in the Xtranet Technologies IPO?+

A retail application runs from 1 lot (110 shares, ₹13,970) up to 14 lots (1,540 shares, ₹1,95,580) — the most that fits under SEBI's ₹2 lakh retail ceiling.

What is the minimum HNI application in the Xtranet Technologies IPO?+

A small-HNI (sHNI) application starts at 15 lots — 1,650 shares, ₹2,09,550. A big-HNI (bHNI) application starts at 72 lots — 7,920 shares, ₹10,05,840, above the ₹10 lakh boundary.

When does the Xtranet Technologies IPO open and close?+

The issue opened on 23 Jul 2026 and closed on 27 Jul 2026. Dates can move — the registrar and the exchange notices are the record.

When is the Xtranet Technologies IPO allotment?+

Allotment is scheduled for 28 Jul 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.

When did Xtranet Technologies list?+

Listing took place on 30 Jul 2026 on NSE, BSE.

Where will Xtranet Technologies be listed?+

Xtranet Technologies is listed on NSE, BSE. It is a mainboard issue.

How large is the Xtranet Technologies IPO?+

The issue size is ₹166.80 Cr — a fresh issue of ₹166.8 cr. Figures are indicative and subject to the RHP.

How was the Xtranet Technologies IPO subscribed?+

The issue was subscribed 12.24× overall. By category: qib 7.13×, nii 26.65×, small hni 26.53×, big hni 26.72×, retail 8.98×. Subscription figures are as reported by the exchanges.

At what price did Xtranet Technologies list?+

Xtranet Technologies listed at ₹136, +7.09% against the issue price.

Who is the registrar for the Xtranet Technologies IPO?+

The registrar to the issue is Kfin Technologies Ltd. (040-79615565), xtranet.ipo@kfintech.com.

Where can I check the Xtranet Technologies IPO allotment status?+

Allotment status is published by the registrar on its own official portal: https://ipostatus.kfintech.com/. Use the registrar's site directly — BuyUnlistedShares does not ask for PAN, application numbers or any other applicant detail.

What is the P/E ratio of the Xtranet Technologies IPO?+

The P/E ratio on file for this issue is 12.21, and the post-issue P/E is 16.3, stated as of 31 Mar 2026. A reported ratio is not a view on value.

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Dates, price band, lot size, issue size and subscription figures are indicative and subject to the official Red Herring Prospectus (RHP). Application amounts shown in the fare table are arithmetic on the lot size and the upper band against SEBI's category thresholds — they are not an application facility and we do not accept IPO applications. GMP is unofficial grey-market chatter that changes daily — not a target, not a quote and not a recommendation. This page is information only: it is not an offer to deal and not investment advice. BuyUnlistedShares provides information and research, not buy/sell recommendations. All IPOs carry market risk — read the RHP and assess suitability before applying.
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TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,400 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,990 · NATIONAL STOCK EXCHANGE (NSE) ₹1,985 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹249 · BIRA 91 (B9 BEVERAGES LIMITED) ₹82 · ZEPTO ₹33 · ORAVEL STAYS (OYO ROOMS) ₹24.5 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,400 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,990 · NATIONAL STOCK EXCHANGE (NSE) ₹1,985 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹249 · BIRA 91 (B9 BEVERAGES LIMITED) ₹82 · ZEPTO ₹33 · ORAVEL STAYS (OYO ROOMS) ₹24.5 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —