Archive · 18 Jul 2026
Xtranet Technologies Plans ₹167-Crore Mainboard IPO
Xtranet Technologies is a company that helps other businesses with their IT needs.
They are planning to raise ₹167 crore by selling shares to the public for the first time, which is called an IPO.
The money they raise will help them pay off debts, buy new things, and keep their business running smoothly.
They have been working with government departments and big companies for a long time and have recently launched new platforms called Synergy and XtraTrust.
These platforms will help them do bigger and more complicated projects.
The IPO will also help them make more money by offering services that keep bringing in revenue over time.
The shares will be available for people to buy starting on Thursday, and the price for each share will be between ₹120 and ₹127.
Xtranet Technologies plans to raise ₹167 crore through an IPO on the mainboard.
The company will issue 1.31 crore equity shares in the price band of ₹120-₹127.
Proceeds will be used to repay debt, fund capital expenditures, meet working capital requirements, and support general corporate purposes.
The company has expanded its capabilities across enterprise applications, managed services, digital transformation, and proprietary software platforms.
The launch of proprietary platforms, Synergy and XtraTrust, marks the next phase of business, aiming to build recurring revenue through managed services and platform-led solutions.
- Who
- Xtranet Technologies, an IT solutions and services provider
- What
- Plans to raise ₹167 crore through an IPO
- When
- Subscription opens on Thursday, July 18, 2026
- Where
- Mainboard IPO
- Why
- To repay debt, fund capital expenditures, meet working capital requirements, and support general corporate purposes
Investor Perspective
Company Perspective
IPO Purpose
Investor Perspective
Investors may view the IPO as an opportunity to gain exposure to a growing IT services company with a diverse portfolio and strong government and enterprise client base.
Company Perspective
The company sees the IPO as a means to repay debt, fund capital expenditures, meet working capital requirements, and support general corporate purposes, aiming to boost growth and expand its capabilities.
- Company
- Xtranet Technologies
- IPO Size
- ₹167 crore
- Equity Shares
- 1.31 crore
- Price Band
- ₹120-₹127 per share
- Subscription Date
- Thursday (July 18, 2026)
- Book-Running Lead Manager
- Share India Capital Services
- Registrar
- Kfin Technologies
- Proprietary Platforms
- Synergy and XtraTrust