Xtranet Technologies IPO Opens July 23: Price Band, Lot Size And Key Details
- 22nd July 2026
- 12:00 PM
- 3 min read
Summary
Xtranet Technologies IPO opens for subscription on July 23 and closes on July 27. The ₹166.80 crore mainboard issue is entirely a fresh issue, with a price band of ₹120 to ₹127 per share. Allotment is expected on July 28, with listing on the BSE and NSE on July 30.Mumbai | July 22, 2026
The Xtranet Technologies IPO will open for subscription on Thursday, July 23, and close on Monday, July 27. The price band has been fixed at ₹120 to ₹127 per share, with a face value of ₹10 per share.
Xtranet Technologies IPO Size And Structure
The mainboard IPO is a book built issue worth ₹166.80 crore, comprising an entirely fresh issue of 1.31 crore equity shares. There is no offer for sale component. As the entire issue is fresh capital, proceeds go directly to the company.
Up to 50% of the net issue is reserved for qualified institutional buyers, not less than 35% for retail individual investors, and at least 15% for non institutional investors.
Xtranet Technologies IPO Lot Size
The minimum lot size for retail investors is 110 shares, requiring an investment of ₹13,970 at the upper price band. For small non institutional investors, the minimum bid is 15 lots or 1,650 shares, amounting to ₹2,09,550. For big non institutional investors, the minimum bid is 72 lots or 7,920 shares, amounting to ₹10,05,840.
Share India Capital Services Pvt. Ltd. is the book running lead manager, and KFin Technologies Ltd. is the registrar of the issue.
About Xtranet Technologies
Established in 2002, Xtranet Technologies is an integrated IT solutions provider offering enterprise applications, digital transformation services, managed services, proprietary platforms and technology partnership solutions across multiple industries.
The company reported total income of ₹366.01 crore in FY26, up 32% year on year from ₹276.53 crore in FY25. Profit after tax rose 36% to ₹40.73 crore, while EBITDA improved to ₹63.18 crore from ₹47.20 crore in the previous financial year.
The company’s pre issue shareholding stands at 3,91,51,700 shares, rising to 5,22,85,700 shares post issue. The promoters of the company are Sukhbir Singh Kukreja, Jogendrapal Singh Alagh and Shiney Sukhbir.
Objects Of the Issue
The company proposes to utilise net proceeds from the issue towards the following objects.
| Objective | Estimated amount (₹ crore) |
| Repayment or pre-payment of certain outstanding borrowings | 21.99 |
| Capital expenditure for purchase and installation of systems and hardware | 7.30 |
| Funding working capital requirements | 102.00 |
| General corporate purposes | Not quantified in source |
Xtranet Technologies IPO GMP
According to Investorgain, the grey market premium for Xtranet Technologies IPO stood at ₹18 on July 22.
GMP is an unofficial indicator based on unregulated market activity and does not guarantee the actual listing price.
Key Dates
| Event | Date |
| IPO opens | July 23, 2026 |
| IPO closes | July 27, 2026 |
| Allotment finalisation | July 28, 2026 |
| Listing date | July 30, 2026 |
Outlook
Xtranet Technologies shares are scheduled to list on the BSE and NSE on July 30, following allotment finalisation on July 28.
Stay updated on Indian equity and commodity markets. Read more market news on PL Capital →
Disclaimer: Investments in securities market are subject to market risks, read all the related documents carefully before investing.
This is a knowledge-sharing initiative by PL Capital. The information provided is only for educational purposes and should not be considered as financial advice & has no influence on the investment/trading decisions of any investors.
For detailed disclaimers/disclosure and Mandatory terms and conditions please visit our website https://www.plindia.com/regulatory-content/
