- Issue price
- ₹127per share
- Issue size
- ₹166.8 Cr1,31,34,000 shares
- Face value
- ₹10per equity share
- Lot size
- 110 sharesMin. ₹13,970 at the upper price
- Anchor biddingWed, 2026
- OpensThu, 2026
- ClosesMon, 2026
- AllotmentTue, 2026
- ListingThu, 2026
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue
- Fresh issue
- 1,31,34,000 shares (₹166.8 Cr)
- Offer for sale
- None
- Total issue
- 1,31,34,000 shares (₹166.8 Cr)
- Face value
- ₹10
- Listing at
- NSE, BSE
Source: ProspectusUpdated
Reservation
Share of the total issue- Retail43.8%
- Anchor37.5%
- NII18.8%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 45,96,900 | 43.75% | 35% |
| Non-institutional investors (NII) | 19,70,100 | 18.75% | 15% |
| Qualified institutional buyers (QIB) | 65,67,000 | 62.50% | 50% |
| Anchor investors | 39,40,200 | 37.50% | — |
Source: ProspectusUpdated
Lot size
Amounts at ₹127 per share| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail individual investors | 1 | 110 | ₹13,970 |
Source: ProspectusUpdated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2025-26- EPS (basic)
- ₹10.28
- EPS (diluted)
- ₹10.28
- P/E (FY 2025-26 at Cap Price)
- 12.35×
- RoNW
- 29.60%
- NAV per share (At Issue Price)
- ₹57.92
- ROCE
- 32.52%
- Debt to equity
- 0.63
- EBITDA margin
- 17.30%
- PAT margin
- 11.15%
Source: ProspectusUpdated
Financials
Consolidated, restated · ₹ crore| Period ended | 31 Mar 2026FY 2025-26 | 31 Mar 2025FY 2024-25 | 31 Mar 2024FY 2023-24 |
|---|---|---|---|
| Revenue from operations | 365.29 | 276.08 | 232.94 |
| Total income | 366.01 | 276.53 | 233.26 |
| EBITDA | 63.18 | 47.20 | 18.86 |
| Profit after tax | 40.73 | 30.03 | 10.94 |
| Net worth | 136.01 | 95.49 | 38.78 |
| Reserves and surplus | 96.86 | 87.66 | 31.88 |
| Total assets | 341.97 | 321.79 | 202.94 |
| Total borrowing | 85.45 | 39.24 | 41.19 |
FY 2025-26 vs FY 2024-25: revenue +32.3%, profit after tax +35.6%.
Source: ProspectusUpdated
About the company
The company provides integrated IT solutions including enterprise applications, managed services, digital services and proprietary platforms, serving Government, PSU and private clients. It also operates a licensed certifying authority business for digital signatures and PKI services through a subsidiary.
- Incorporated
- 2002
- Industry
- IT Services
- CIN
- U72200MP2002PLC014956
- Website
- xtranetindia.com
Source: ProspectusUpdated
Promoters and shareholders
| Name | Before issue | After issue |
|---|---|---|
| Sukhbir Singh Kukreja | — | — |
| Jogendrapal Singh Alagh | — | — |
| Shiney Sukhbir | — | — |
Source: ProspectusUpdated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Repayment or prepayment of certain borrowings | 20.20 |
| Capital expenditure on systems and hardware | 8.48 |
| Working capital requirements | 102.00 |
| General corporate purposes | 18.61 |
Source: ProspectusUpdated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| Silver Touch Technologies Limited | ₹2.82 | 63.65× | 21.06% | ₹13.38 |
| Dynacons Systems & Solutions Limited | ₹66.64 | 20.20× | 26.89% | ₹247.59 |
| Coforge Limited | ₹44.3 | 35.51× | 16.31% | ₹252.61 |
Source: ProspectusUpdated
Strengths and risks
Our summary of what the offer document statesStrengths
- Long operating history since 2002 with a multi-service IT portfolio.
- Holds several international quality and certifications, including CMMI Level 5.
- Growing revenue and profit over the three years shown in the prospectus.
- Presence in government and PSU segments with a record of completed projects.
Risks
- A large share of revenue depends on Government and PSU clients, with receivable delays and blacklisting possible.
- Revenue is concentrated in a few core service offerings.
- Dependence on third-party suppliers for hardware and software products.
- Borrowings have risen and debt-to-equity is relatively high.
- Subcontracting makes up a notable part of revenue, with dependence on prime contractors.
Source: ProspectusUpdated
Documents
Contacts
Source: ProspectusUpdated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: ProspectusUpdated
After listing
Listing price, day-one high and low, and the change from the issue price (₹127) appear here after the shares list on NSE and BSE.
Work out the gain or loss on allotted shares after charges and tax →
Frequently asked questions
When does the Xtranet Technologies IPO open and close?
According to the Prospectus, the issue opens on Thursday, 23 July 2026 and closes on Monday, 27 July 2026.
What is the Xtranet Technologies IPO price band?
The final issue price is ₹127 per share.
What is the lot size of the Xtranet Technologies IPO?
One lot is 110 shares, which is ₹13,970 at ₹127 per share.
Where will Xtranet Technologies shares list?
On NSE and BSE. The tentative listing date is Thursday, 30 July 2026.
Who is the registrar of the issue?
KFin Technologies Limited (SEBI registration INR000000221). Allotment status is checked on the registrar's website.
How do I check the Xtranet Technologies IPO allotment status?
The basis of allotment is expected to be finalised on Tuesday, 28 July 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (KFin Technologies Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹20.2 Cr for repayment or prepayment of certain borrowings, ₹8.48 Cr for capital expenditure on systems and hardware, ₹102 Cr for working capital requirements, ₹18.61 Cr for general corporate purposes.
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Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.