Xtranet Technologies came to market through an IPO that opened on 23 July 2026 and closed on 27 July 2026, and the shares listed on 30 July 2026 on BSE, NSE. The price band was ₹120 to ₹127 per share and one lot was 110 shares, so the minimum application was ₹13,970. The issue size was ₹166.8 crore. The whole issue was fresh shares, so the money raised went to the company.
It listed at ₹136, a gain of 7.1% against the issue price of ₹127. Kfin Technologies Ltd was the registrar to the issue, and Share India Capital Services Pvt.Ltd was the lead manager.
As of 27 July 2026.
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Overall the issue was subscribed 12.24 times.
Xtranet Technologies, incorporated in 2002, is a company that provides integrated IT solutions including enterprise application services, digital transformation, managed services, proprietary platforms, technology partnerships, among others. The company caters to customers in multiple sectors.The business services are provided both onsite and offshore, involving subsidiaries, joint ventures, and in-house platforms. Business Offerings: Enterprise Applications: Enterprise Resource Planning (ERP) services and application services; IT System Integration Services including network and security solution, virtualization and cloud integration, infrastructure management services, among others;
Data Centers, application development and maintenance, among others. Managed Services: Providing infrastructure management services, including IT infrastructure design, implementation and upgrade services. 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 and XtraTrust platform. The sources of revenue include fixed price projects, time and material projects, and managed service agreements. Significant amounts come from government and public sector undertakings clients. As of March 31, 2025, the firm had 242 permanent employees.
As described in the offer document.
| Metric | 31-Mar-26 | 31-Mar-25 | 31-Mar-24 |
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Xtranet Technologies Limited finalised its anchor investor allocation on July 22, 2026, raising ₹50.04 crore from 10 institutional investors at an anchor price of ₹127 per share. The anchor book comprises 39,40,200 equity shares allocated across domestic mutual fund schemes and non-mutual fund institutional investors. Saint Capital Fund and Viney Growth Fund each received the largest allocation at 16.01%, followed by Tiger Strategies Fund-I at 14.00% and Longthrive Capital VCC – Trendview Capital Fund at 13.99%.
Taurus Mutual Fund is the sole domestic mutual fund participant, with 3,93,800 shares (9.99%) allocated across three schemes — Taurus Flexi Cap Fund (6.00%), Taurus Mid Cap Fund (2.00%), and Taurus ELSS Tax Saver Fund (2.00%).
Sukhbir Singh Kukreja, Jogendrapal Singh Alagh, Shiney Sukhbir. Promoter holding 83.63% before the issue and 62.32% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Xtranet Technologies IPO was a ₹166.8 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹120–₹127 per share with a lot size of 110 shares (₹13,970). The IPO was open from July 23 to July 27, 2026 and was subscribed 12.24x. Shares listed on BSE and NSE on July 30, 2026 at ₹136, a 7.1% premium to the issue price of ₹127. Kfin Technologies Ltd. is the registrar. Share India Capital Services Pvt. Ltd.
is the book running lead manager.
The price band of Xtranet Technologies IPO is ₹120 to ₹127 per share.
The lot size of Xtranet Technologies IPO is 110 shares.
The minimum investment for Xtranet Technologies IPO is approximately ₹13,970 based on the upper price band.
The allotment date of Xtranet Technologies IPO is Jul 28, 2026.
No GMP quote could be verified as recorded before Xtranet Technologies IPO listed. A grey-market observation of ₹10 per share was recorded on 30 Jul 2026, 8:30 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹136. GMP is unofficial and does not forecast or guarantee the actual listing price.
Xtranet Technologies IPO listed on Jul 30, 2026. It was issued at ₹136.0(NSE) and is currently around ₹280.90 as on 30-Oct-2026 3:30 PM, which is approximately 121.2% versus issue price. The 52-week high is ₹358.50.
You can check Xtranet Technologies IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Xtranet Technologies IPO allotment status on Rupix for quick and easy access.
₹120 to ₹127 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 110 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹13,970.
₹13,970, for one lot of 110 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 23 July 2026 and closed on 27 July 2026.
The basis of allotment was published on 28 July 2026 by Kfin Technologies Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 30 July 2026 on BSE, NSE, opening at ₹136.
The issue size was ₹166.8 crore. The fresh issue was 1,31,34,000 shares (aggregating up to ₹166.8 crore).
It listed at ₹136 against an issue price of ₹127, a gain of 7.1 percent on listing day.