Xtranet Technologies Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 7.13x | 2,626,800 | 18,737,400 | ₹33 Cr |
| NII (HNI) | 26.65x | 1,970,100 | 52,509,490 | ₹25 Cr |
| Retail | 8.98x | 4,596,900 | 41,273,320 | ₹58 Cr |
| Σ Total | 12.24x | 9,193,800 | 112,520,210 | ₹117 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 110 | ₹13,970 |
| Retail (Max) | 13 | 1,430 | ₹181,610 |
| S-HNI (Min) | 14 | 1,540 | ₹195,580 |
| B-HNI (Min) | 67 | 7,370 | ₹935,990 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 366 | 277 | 233 |
| EBITDA | 63 | 47 | 19 |
| Profit After Tax | 41 | 30 | 11 |
| Net Worth | 136 | 95 | 39 |
| Total Assets | 342 | 322 | 203 |
| Reserves & Surplus | 96 | 87 | 32 |
| Total Borrowing | 85 | 39 | 41 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company – 21.99
- Capital expenditure by our Company for purchase and installation of Systems and Hardware; – 7.30
- To Meet Working Capital Requirements – 102.00
- General corporate purposes –
Company Overview
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 Applicationse., 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.
Competitive Strengths
- Proven track record in executing projects for Government and PSU clients
- Long standing relationship with marquee customer base
- Experienced Management Team
- Geographic Presence and Multi-Location Operations