Xtranet Technologies IPO Details
Xtranet Technologies IPO Summary
Xtranet Technologies IPO opens for subscription on 23 Jul 2026 and closes on 27 Jul 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 30 Jul 2026.
Xtranet Technologies IPO price band has been fixed at ₹120 – ₹127 per share. The face value is ₹10 per share with a lot size of 110.
Xtranet Technologies IPO total issue size comprises 1,31,34,000 shares (aggregating up to ₹166.80 Cr). This includes a fresh issue of 1,31,34,000 shares (aggregating up to ₹166.80 Cr). Pre-issue shareholding stands at 3,91,51,700, which will increase to 5,22,85,700 post-issue.
Xtranet Technologies IPO carries a ₹14.5 (11.42%) GMP, reflecting investor sentiment.
Xtranet Technologies IPO Lot Size :Retail Minimum is 1 lot (110 shares) amounting to ₹13,970. Retail Maximum is 14 lots (1,540 shares) amounting to ₹195,580. SHNI Minimum is 15 lots (1,650 shares) amounting to ₹209,550. SHNI Maximum is 71 lots (7,810 shares) amounting to ₹991,870. BHNI Minimum is 72 lots (7,920 shares) amounting to ₹1,005,840.
Xtranet Technologies IPO Details
Xtranet Technologies IPO Subscription
Xtranet Technologies IPO Application Wise Breakup (Approx)
Xtranet Technologies IPO Dates
- 23 Jul 2026Opening dateOpen
- 27 Jul 2026Closing dateClose
- 28 Jul 2026Allotment Date Allotment
- 29 Jul 2026Initiation of RefundsRefund
- 29 Jul 2026Credit of SharesCredit
- 30 Jul 2026Listing dateListing
Xtranet Technologies IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 110 | ₹13,970 |
| Retail Maximum | 14 | 1540 | ₹195,580 |
| SHNI Minimum | 15 | 1650 | ₹209,550 |
| SHNI Maximum | 71 | 7810 | ₹991,870 |
| BHNI Minimum | 72 | 7920 | ₹1,005,840 |
Xtranet Technologies IPO Reservation
Promoter Holding
Documents
Xtranet Technologies IPO Valuations
Xtranet Technologies Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 341.97 | 321.79 | 202.94 |
| Total Income | 366.01 | 276.53 | 233.26 |
| Profit After Tax | 40.73 | 30.03 | 10.94 |
| EBITDA | 63.18 | 47.20 | 18.86 |
| NET Worth | 136.01 | 95.49 | 38.78 |
| Reserves and Surplus | 96.40 | 87.47 | 31.71 |
| Total Borrowing | 85.45 | 39.24 | 41.19 |
| Amount in ₹ Crore | |||
About Xtranet Technologies IPO
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.
Business Offerings:
- Enterprise Applications: ERP Implementation and support services, IT System Integration Services i.e., Network and Security Solution, Virtualization and Cloud Integration, Infrastructure Management Services, etc., Data Centres managment, Application Development & maintenance, etc.
- Managed Services: Infrastructure management services covering the design, establishment, and modernization of IT infrastructure.
- Digital Services: Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS)
- Proprietary platforms: Synergy low-code digital transformation, XtraTrust platform
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.
Strength Of Xtranet Technologies IPO
- Deep domain expertise delivered through comprehensive solutions across industries.
- Proven track record in executing projects for Government and PSU clients.
- Experienced Management Team and Qualified Pool of Employees.
- Experienced Management Team and Qualified Pool of Employees.
Risk Of Xtranet Technologies IPO
- We partially depend on orders from the Government/PSU clients. As of Fiscal 2026, Fiscal 2025 and Fiscal 2024, more than 47.06%, 59.46% and 46.32%, respectively of the revenue was recognized from Government/PSU clients. Additionally, the loss of or inability to qualify for such orders may adversely affect our business, financial condition, results of operations, and prospects.
- Our revenue from operations is concentrated in a few core service offerings. Consequently, any decline in demand or disruption in these offerings could materially and adversely impact our business, financial condition, and results of operation
- We are dependent on our Suppliers for various hardware and software products which we provide to our clients. The failure of our these to deliver these products in the necessary quantities, on time or to meet specified quality standards or technical specifications, could adversely affect our business and our ability to deliver orders on time.
- We are heavily reliant on our top 10 customers, and the loss of such customers or a significant reduction in purchases by such customers will have a material adverse impact on our business.
- Most of our business operations are concentrated in the respective states. As of March 31, 2025, the revenue was recognized from projects executed in the state of Maharashtra, Madhya Pradesh and Delhi. Due to this geographic concentration of our business operations, our results of operations and growth might be restricted to the economic and demographic conditions of Maharashtra.
- Our Company requires significant amounts of working capital and significant portion of our working capital is consumed in trade receivables and inventories. Any failure in arranging adequate working capital for our operations may adversely affect our business, results of operations, cash flows and financial condition.
- The Price Band, Issue Price, market capitalization to total turnover and price to earnings ratio based on the Issue Price of our Company, may not be indicative of the market price of our Company on listing or thereafter.
- Our Statutory Auditors have included certain emphasis of matter in the audit report for Fiscal 2025 and 2026. There can be no assurance that any similar emphasis of matters will not form part of our financial statements for the future fiscal periods, which could subject us to additional liabilities due to which our reputation and financial condition may be adversely affected.
- Certain trademarks that are critical to our business operations are presently registered in the name of our Promoter, Sukhbir Singh Kukreja, and not in the name of our Company. Further, some of the trademark registrations pertaining to our business have inadvertently been obtained under the category of "Single Firm" instead of under the appropriate "Body Incorporate" category
- Delays or defaults in customer payments and receivables may have an adversely impact our profits and cash flows.
Objectives Xtranet Technologies IPO
1. Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company
2. Capital expenditure by our Company for purchase and installation of Systems and Hardware;
3. To Meet Working Capital Requirements
4. General corporate purposes
Company Contact Details
Xtranet Technologies Ltd.
Z-24, Zone - 1,
M.P. Nagar
Bhopal, Madhya Pradesh, 462011
Phone: +91 1143547623
Email: compliance@xtranetindia.com
Website: https://xtranetindia.com/
Registrar Contact Details
Xtranet Technologies FAQs
The Xtranet Technologies IPO is a MAINBOARD public issue comprising 13134000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹166.80 Cr. The issue price has been fixed at ₹127 per equity share, and the minimum application size is 110 shares.
The IPO opens for subscription on 23 Jul 2026, and closes on 27 Jul 2026.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹14.5 (11.42%).
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