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Xtranet Technologies

· Mainboard · NSE, BSE

ListedCheck allotment

Price Band

₹120–127

Lot Size

110 shares

Issue Size

₹167 Cr

Min. Investment

₹13,970

  • GMP
  • Subscription
  • Analysis
  • Dates
  • Financials
  • FAQ

Grey Market Premium

Indicative, updates through the day

₹14.5(+11.42% over cap price)

Cap price plus current GMP: ₹141.5 — arithmetic, not a forecast

Subscription Status

QIB7.13x
NII26.61x
bNII26.72x
sNII
26.39x
Retail8.87x

Xtranet TechnologiesIPO: In-Depth Research & Market Analysis

Xtranet Technologies IPO is a Mainboard issue that listed on NSE, BSE on 30 July 2026. The issue price band is fixed at ₹120–₹127 per equity share with a minimum market lot size of 110 shares, bringing the total issue size to ₹167 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹13,970.

Xtranet TechnologiesIPO GMP Today & Market Expectations

The latest unlisted Grey Market Premium (GMP) for Xtranet Technologies IPO is quoted at ₹14.5, representing a premium of approximately 11.42% over the upper price band of ₹127. On a simple cap price plus GMP basis, the estimated opening price indicates a listing near ₹141.5, and informal quotes have risen over recent sessions. Please note that GMP is an unregulated sentiment indicator quoted by off-market dealers; it fluctuates based on supply-demand dynamics and does not constitute a guaranteed listing price. For historical accuracy studies, read our research on IPO GMP accuracy, or compare with live GMP quotes for all active IPOs.

Xtranet TechnologiesIPO Subscription Status & Demand Analysis

As per the latest exchange feeds from BSE and NSE, Xtranet Technologies IPO has been subscribed 12.17x overall — with QIB at 7.13x, NII at 26.61x, bNII at 26.72x, sNII at 26.39x, Retail at 8.87x, representing over 3,25,717 retail and institutional applications. When the retail category is oversubscribed, SEBI regulations mandate that allotment is determined via an automated computerized lottery where each valid PAN gets one equal chance.

How to Apply for Xtranet TechnologiesIPO & Check Allotment

The minimum investment for retail investors is one lot of 110 shares (approx. ₹13,970 at the cut-off price), while the maximum retail bid is capped at 14 lots (under ₹2,00,000). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).

The official registrar appointed for this issue is KFin Technologies Ltd., with the basis of allotment finalised on 28 July 2026 and listing completed on 30 July 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.

Data verified against official SEBI RHP & Exchange FeedsEducational Analysis · Not Investment Advice

Listing Performance

Issue Price

₹127

Listed At

₹136

Current Price

₹129.2

About Xtranet Technologies

Incorporated in 2002, Xtranet Technologies 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 industries. Its services are delivered through a mix of onsite and offshore models, supported by subsidiaries, joint ventures, and in-house platforms. It derives revenue from fixed-price projects, time-and-materials contracts, and recurring service agreements, with a significant share from Government and PSU clients. As on April 30, 2026, the company employed 504 permanent employees.

Issue Objectives

  • Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company
  • Capital expenditure by our Company for purchase and installation of systems and hardware
  • To meet working capital requirements
  • General corporate purposes
  • Issue Expenses

Anchor Investors

Xtranet Technologies IPO raises ₹50.04 crore from anchor investors. Xtranet Technologies IPO Anchor bid date is July 22, 2026.

Reservation

CategoryShares Offered%
QIB65,67,00050%
− Anchor Investor39,40,20030%
− QIB (Ex. Anchor)26,26,80020%
NII (HNI)19,70,10015%
− bNII > ₹10L13,13,40010%
− sNII < ₹10L6,56,7005%
Retail45,96,90035%
  • QIB30.3%
  • − Anchor Investor18.2%
  • − QIB (Ex. Anchor)12.1%
  • NII (HNI)9.1%
  • − bNII > ₹10L6.1%
  • − sNII < ₹10L3.0%
  • Retail21.2%

Market Lot Size

ApplicationLotsSharesAmount
Retail (Min)1110₹13,970
Retail (Max)141540₹1,95,580
S-HNI (Min)151650₹2,09,550
S-HNI (Max)717810₹9,91,870
B-HNI (Min)727920₹10,05,840

Financials (₹ Cr)

31 Mar 202431 Mar 202531 Mar 2026
Total AssetsRevenueProfit After Tax

Valuations

EPS (Pre IPO)

10.40

EPS (Post IPO)

7.79

ROE

31.15%

P/E (Pre IPO)

12.21

P/E (Post IPO)

16.3

Price / Book

5.21

Market Cap

₹497Cr.

Peers Comparison

CompanyP/EROERevenue
Amagi Media Labs Ltd.-101.78₹1,788.62 Cr
Excelsoft Technologies Ltd.34.62₹500.00 Cr
Prodocs Solutions Ltd.14.72₹27.60 Cr
Exato Technologies Ltd.11.19₹37.45 Cr
Infinity Infoway Ltd.13.81₹24.42 Cr
Praruh Technologies Ltd.9.47₹23.50 Cr

Contact Details

Xtranet Technologies Ltd. Address

  • +91 1143547623
  • compliance@xtranetindia.com
  • https://xtranetindia.com/

Registrar Contact Details

KFin Technologies Ltd.

  • +91 40 6716 2222
  • einward.ris@kfintech.com
  • https://kfintech.com
  • Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Hyderabad – 500032

Frequently Asked Questions

As of today, the grey market premium (GMP) for Xtranet Technologies IPO is ₹14.5, which is 11.42% over the upper price band of ₹127.

Read our analysis

Xtranet Technologies IPO: GMP, Price Band and Dates →

Key Dates

Open Date
23 Jul 2026
Close Date
27 Jul 2026
Basis of Allotment
28 Jul 2026
Listing Date
30 Jul 2026

Issue Details

Registrar
KFin Technologies
Lead Manager(s)
Exchange
NSE, BSE
Check allotment status