Mainboard IPO · NSE · Listed
Xtranet Technologies IPO
Xtranet Technologies Limited is a listed issue, offered in a price band of ₹127 to ₹127 per share, in lots of 110 shares. Every figure below is taken from the issue's own filings and exchange disclosures.
Issue details
- Price band
- ₹127 – ₹127
- Lot size
- 110 shares
- Minimum investment
- ₹13,970
- Issue size
- ₹166.8 Cr
- Fresh issue
- ₹166.8 Cr
- Offer for sale
- —
- Opens
- 23 Jul 2026
- Closes
- 27 Jul 2026
- Listing date
- 30 Jul 2026
- Registrar
- KFin Technologies Limited
- Symbol
- XTRANET
One lot of 110 shares at the upper band price of ₹127 is ₹13,970 — the smallest retail application this issue accepts.
Lead managers: Share India Capital Services Private Limited.
Subscription status
How many times the issue has been applied for, by investor category, as reported by the exchange at 27 Jul 2026, 07:05 pm IST.
Xtranet Technologies IPO — subscription by category| Category | Times subscribed |
|---|
| Qualified institutional buyers (QIB) | 7.13× |
|---|
| Non-institutional investors (NII / HNI) | 26.65× |
|---|
| Retail individual investors | 8.98× |
|---|
| Total | 12.24× |
|---|
Grey market premium (GMP)
- Latest reported GMP
- ₹14
- Implied over upper band
- 11.00%
- As of
- 30 Jul 2026, 07:05 pm IST
How the reported premium has moved. The trend matters more than any single reading — a premium that is drifting down into the close is a different signal from one holding firm.
Xtranet Technologies IPO — reported GMP history| Reported at | GMP |
|---|
| 30 Jul 2026, 07:05 pm IST | ₹14 |
|---|
| 29 Jul 2026, 07:05 pm IST | ₹9 |
|---|
| 28 Jul 2026, 07:05 pm IST | ₹7 |
|---|
| 27 Jul 2026, 04:40 pm IST | ₹7 |
|---|
| 27 Jul 2026, 03:40 pm IST | ₹7 |
|---|
| 27 Jul 2026, 03:00 pm IST | ₹10 |
|---|
| 27 Jul 2026, 02:00 pm IST | ₹10 |
|---|
| 27 Jul 2026, 01:00 pm IST | ₹10 |
|---|
| 27 Jul 2026, 12:00 pm IST | ₹10 |
|---|
| 27 Jul 2026, 11:00 am IST | ₹10 |
|---|
| 27 Jul 2026, 10:00 am IST | ₹10 |
|---|
| 27 Jul 2026, 09:00 am IST | ₹10 |
|---|
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.
Reported financials
As disclosed in the offer document. Figures in ₹ crore unless the filing states otherwise.
Xtranet Technologies — financials from the offer document| PAT | Assets | Expense | Revenue | Period Ended |
|---|
| ₹5.98 | ₹223.99 | ₹215.04 | ₹222.78 | 2023 |
|---|
| ₹10.94 | ₹202.94 | ₹217.33 | ₹233.26 | 2024 |
|---|
| ₹30.03 | ₹321.79 | ₹237.75 | ₹276.53 | 2025 |
|---|
| ₹40.73 | ₹341.97 | ₹314.01 | ₹366.01 | 2026 |
|---|
Strengths disclosed in the offer document
- The company provides comprehensive services and solutions across six industries, including government, public sector undertakings, and private enterprises.
- The company has a proven track record in executing projects for Government and PSU clients, with a focus on IT Infrastructure solutions to digitize governmental functions.
- The company has cultivated long-term relationships with a diverse range of corporations, contributing to its growth and diversification.
- The company has a qualified management team with extensive experience in IT and ITes industry, driving business development and strategic direction.
- The company is accredited with several international certifications, including ISO/IEC 20000-1:2018, ISO 22301:2019, ISO 14001:2015, CMMI Level 5, and ISO/IEC/IEEE 12207:2017.
- The company's proprietary platforms, Synergy and XtraTrust, enhance its service offerings and enable digital transformation.
- The company's strategy includes expanding its geographical footprint across India and international markets to build a diversified base of operations and revenue streams.
Risk factors disclosed in the offer document
- The company partially depends on orders from Government/PSU clients, and the loss of or inability to qualify for such orders may adversely affect its business.
- The company is dependent on its suppliers for various hardware and software products, and their failure to deliver could adversely affect its business.
- The company is heavily reliant on its top 10 customers, and the loss of such customers or a significant reduction in purchases could have a material adverse impact.
- The company has had instances of delays in payments of statutory dues, which may attract financial penalties and adversely impact its financial condition and cash flows.
- The company's business, results of operations and financial condition could be negatively affected if it incurs legal liability, including with respect to its indemnification obligations.
- The company's insurance coverage may be inadequate, which could have an adverse effect on its financial condition and results of operations.
- The company relies on certain trademarks that are either owned by its promoter, registered under the Company’s former name, or registered under an incorrect category.
These are the company's own disclosures, not Alphave's assessment. Read the offer document →
What this page will not tell you
- Whether to apply
- Alphave is NISM-certified, not a SEBI-registered research analyst. There is no rating, verdict or recommendation on this issue anywhere on this page.
- What it will list at
- Nobody knows, and GMP is not a forecast of it. It is an unofficial over-the-counter quote reported by third parties, shown here with its source time so you can judge how stale it is.
- Your allotment
- Allotment is decided by the registrar (KFin Technologies Limited) after the issue closes. Track the whole calendar in the IPO Centre.
← All current and upcoming IPOs · Open the interactive Xtranet Technologies terminal →