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Xtranet Technologies
Price Band
₹120.0–127.0
Issue Size
₹166.8 Cr
Lot Size
110 shares
Min Investment
₹13,970
GMP
+₹0.0 (0.0%)
Issue Price
₹127.0
calendar_month Important Dates
bar_chart Subscription Status
IPO not open yet
Opens 23 Jul 2026 · in 6 days
trending_up Grey Market Premium (GMP)
GMP
₹0.0
GMP %
0.0%
Est. Listing
₹127.0
schedule Updated: 17 Jul 2026 11:30
Share GMP:
business About the Company
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 March 31, 2025, the company employed 242 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
payments Company Financials (₹ Cr)
| 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 |
Key Ratios
NAV
₹24.39
ROE
31.12%
ROCE
38.01%
RoNW
31.18%
PAT Margin
10.86%
Debt/Equity
0.41
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Coforge | 252.61 | 16.31% | 35.51 | 44.3 | 44.3 |
| Dynacons Systems & Solutions | 247.59 | 26.89% | 20.2 | 66.64 | 66.64 |
| Silver Touch Technologies | 13.38 | 21.06% | 63.65 | 2.82 | 2.82 |
| Xtranet Technologies This IPO | 34.74 | 29.6% | — | 10.28 | 10.28 |
Promoters
Sukhbir Singh Kukreja, Jogendrapal Singh Alagh and Shiney Sukhbir
Objects of the Issue
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
info Issue Details
pie_chart Investor Allocation
Registrar
Lead Managers / Book Running
timeline IPO Timeline
Open
23 Jul 2026
Close
27 Jul 2026
Allotment
28 Jul 2026
Listing
30 Jul 2026