Market capitalisation is the post-issue share count in the offer document’s capital structure (5,22,85,700 shares) multiplied by the upper end of the price band, ₹127. It is arithmetic on those two filed figures, not a valuation.
One lot is 110 shares, so a single application at the ₹127 cut-off costs ₹13,970. Retail applications are capped at ₹2,00,000, which is 14 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.
Xtranet Technologies IPO Strengths & Risks as disclosed in the DRHP
▲ Strengths (7)
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 (7)
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.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Xtranet Technologies Limited, the registrar is KFin Technologies Limited — allotment is finalised in the days between the issue closing on 27 Jul 2026 and listing on 30 Jul 2026.
By KFin Technologies; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Wed, 29 Jul, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Thu, 30 Jul, 2026
NSE · trading from 10:00 am IST
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.
Xtranet Technologies IPO Subscription Status FAQs
How many times is Xtranet Technologies IPO subscribed?
As of 27 Jul, 7:05 pm the Xtranet Technologies Limited IPO is subscribed 12.24× overall: QIB 7.13×, non-institutional 26.65× and retail 8.98×. Figures are the exchange's consolidated demand across NSE and BSE.
What is the Xtranet Technologies IPO retail subscription status?
The retail portion is subscribed 8.98× as of 27 Jul, 7:05 pm. Retail applications are those up to ₹2,00,000 at the cut-off price.
How do I check Xtranet Technologies IPO subscription status?
NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that feed and shows the QIB, NII and retail book, plus one row per day so the build-up over the issue can be compared.
How was Xtranet Technologies IPO subscribed day by day?
Overall subscription at the end of each bidding day — day 1 (23 July 2026): 1.1×, day 2 (24 July 2026): 1.96×, day 3 (27 July 2026): 12.24× — from the exchange feed. The day-wise table on this page breaks each day into QIB, non-institutional and retail.
What does 2× subscription mean?
Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment in it is decided by the registrar under the basis-of-allotment rules — retail by lottery for the minimum lot, for example.
Xtranet Technologies IPO Registrar where allotment and refund queries go
RegistrarKFin Technologies Limited
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
How to Apply for the Xtranet Technologies IPO ASBA and UPI, as SEBI sets them
Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (27 Jul 2026).
One application per PAN. A second application under the same PAN is rejected, and both may be.
After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, KFin Technologies Limited, not to the exchange or the broker.
What is GMP in an IPO?
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹14 on a ₹127 upper band means the grey market is dealing at ₹141.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
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.