Xtranet Technologies IPO Opens July 23

Xtranet Technologies, an IT solutions company, is launching its IPO on July 23, 2024.

The IPO aims to raise ₹166.8 crore through the sale of 1.31 crore equity shares.

The price band is set between ₹120 and ₹127 per share.

The company has shown strong financial growth, with a 32% increase in total income and a 36% increase in profit after tax in FY26.

The IPO is open for bidding until July 27, with allotment expected on July 28 and listing on July 30.

Investors are evaluating the IPO based on its potential, while the company aims to use the funds for expansion and innovation.