Xtranet Technologies Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Xtranet Technologies Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹127
Per ShareLot Size
110 Shares
Minimum Investment
₹13,970
Issue Size
₹166.8 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Xtranet Technologies Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
83.63%
Promoter Holding (Post-Issue)
62.62%
Issue Type
Book Building
ISIN
INE0NG701011
About the Company
As per the Care Edge Report, we are an integrated information technology solutions provider delivering end-to-end services including enterprise applications, digital services, managed services, proprietary platforms, and strategic technology partnerships for clients across industries and geographies. Incorporated in 2002 with our registered office in Bhopal, Madhya Pradesh, we have over 24 years of experience in delivering IT services and solutions.
Company History
Our Company was incorporated on January 29, 2002, as "Xtranet Technologies Private Limited" a Private Limited Company under the provisions of the Companies Act, 1956 pursuant to a Certificate of Incorporation issued by the Registrar of Companies, Gwalior bearing registration number 014956. Thereafter, pursuant to a special resolution passed by the members of our Company at the Extra Ordinary General Meeting held on March 31, 2025, our Company was converted from a Private Limited Company to a Public Limited Company and consequently, the name of our Company was changed from "Xtranet Technologies Private Limited" to "Xtranet Technologies Limited" vide a fresh Certificate of Incorporation dated July 02, 2025 was issued to our Company by the Registrar of Companies, Central Processing Centre, Manesar.
Growth Strategy
- Expanding and augmenting our platforms and services portfolio.
- Continue to Expand Our Geographical Footprints.
- Technology Innovation.
- Data Centre & Infrastructure Expansion.
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offering of 1,31,34,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Xtranet Technologies Limited (the "Company" or the "Issuer") for cash at a price of Rs. 127 per equity share (Including a Share Premium of Rs. 117 Per Equity Share) ("Issue Price") aggregating to Rs. 166.8 Crore ("Issue"). Price Band: Rs. 127 per equity share of face value of Rs. 10 each. The floor price is is 12.70 times of the face value. Bids can be made for a minimum of 110 equity shares and in multiples of 110 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- 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.
- The company partially depends 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 were recognized from Government/PSU clients. Additionally, the loss of or inability to qualify for such orders may adversely affect its business, financial condition, results of operations, and prospects.
- The company's 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 its business, financial condition, and results of operation.
- The company is dependent on its Suppliers for various hardware and software products which its provide to the company's clients. The failures of its these to deliver these products in the necessary quantities, on time or to meet specified quality standards or technical specifications, could adversely affect the company's business and its ability to deliver orders on time.
- The company is heavily reliant on its 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 the company's business.
- Most of the company's business operations is 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 the company's business operations, its results of operations and growth might be restricted to the economic and demographic conditions of Maharashtra.