Bookbuilding IPO | ₹190 Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Xtranet Technologies Ltd. on January 30, 2026. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Xtranet Technologies Ltd. IPO is a Book Build Issue of ₹190.00 crores consisting solely of fresh issue of shares with no offer for sale component.
The equity shares are proposed to be listed on NSE and BSE. Share India Capital Services Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Xtranet Technologies IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹190 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹190 Cr) |
| Share Holding Pre Issue | 3,91,51,700 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Sep 25, 2025 |
| SEBI/Exchange approval received | Fri, Jan 30, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Issue size |
| Retail Shares Offered | Not less than 35% of the Issue |
| NII Shares Offered | Not less than 15% of the Issue |
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:
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 March 31, 2025, the company employed 242 permanent employees.
Competitive Strengths
Xtranet Technologies Ltd.'s revenue increased by 19% and profit after tax (PAT) rose by 174% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 321.79 | 202.94 | 223.99 |
| Total Income | 276.53 | 233.26 | 222.78 |
| Profit After Tax | 30.03 | 10.94 | 5.98 |
| EBITDA | 47.65 | 19.18 | 13.44 |
| NET Worth | 95.49 | 38.78 | 26.20 |
| Reserves and Surplus | 87.54 | 32.02 | 19.35 |
| Total Borrowing | 39.24 | 41.19 | 7.37 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company | 21.99 |
| 2 | Capital expenditure by our Company for purchase and installation of Systems and Hardware; | 7.30 |
| 3 | To Meet Working Capital Requirements | 102.00 |
| 4 | General corporate purposes |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 31.12% |
| ROCE | 38.01% |
| Debt/Equity | 0.41 |
| RoNW | 31.18% |
| PAT Margin | 10.86% |
| EBITDA Margin | 17.26% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 83.63% |
Lead Manager Reports
Xtranet Technologies IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹190 Crores. The issue is priced at To be declared. The minimum order quantity is .
The Xtranet Technologies IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Xtranet Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Xtranet Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Xtranet Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Xtranet Technologies IPO dates are not announced. Please check back again after some time.
Xtranet Technologies IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Xtranet Technologies IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Xtranet Technologies IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Xtranet Technologies IPO allotment status.
The Xtranet Technologies IPO listing date is not yet announced. The tentative date of listing is .
