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Xtranet Technologies IPO

Xtranet Technologies Ltd IPO opens July 23, 2026, closes July 27, 2026, and lists on July 30, 2026 on NSE, BSE. Price band: ₹120-₹127, lot size 110 shares (₹13,970 minimum). Latest GMP: +18 as of July 18, 2026, implying an estimated listing around 145 (14.2% above the ₹127 issue price).

sHQ
stoicHQ Research Team · Ex-quants, IIT Delhi · Updated July 18, 2026

What is Xtranet Technologies Ltd IPO GMP today?

As of July 18, 2026, the grey market premium (GMP) for Xtranet Technologies IPO is +18, implying an estimated listing price of 145 — a 14.2% premium to the ₹127 upper price band. GMP is an unofficial grey-market signal, not a SEBI-regulated price, and can move sharply before the July 30, 2026 listing.

Need the exact difference between GMP, Kostak rate, and Subject to Sauda? Read our plain-English IPO grey market guide before using this signal on its own.

GMP Today
+₹18
14.2% above issue price
Expected listing
145
Grey market estimate

Key Dates

IPO Open DateJuly 23, 2026
IPO Close DateJuly 27, 2026
Allotment DateJuly 28, 2026
Refund DateJuly 29, 2026
Demat Credit DateJuly 29, 2026
Listing DateJuly 30, 2026

Issue Details

Price Band₹120-₹127
Issue Price₹127
Face Value₹10
Lot Size110 shares
Min Investment₹13,970
Issue Size₹166.80 crore
Listing ExchangeNSE, BSE
RegistrarKFin Technologies
IPO TypeMainboard

stoicHQ Analysis

FY25 RoNW ~31% and ROCE ~38% with revenue of ₹276.53 crore
Entirely fresh issue — no offer for sale by promoters
Operating since 2002 with an established presence in smart cities and e-governance IT projects
High client concentration with revenue weighted toward government/PSU contracts
Sharp pre-IPO profit jump — PAT rose from ₹10.94 crore (FY24) to ₹30.03 crore (FY25)
₹102 crore of the ₹166.8 crore issue goes to working capital, typical of receivables-heavy government IT business

About Xtranet Technologies Ltd

Xtranet Technologies, founded in 2002, is an IT solutions provider offering enterprise applications, digital transformation, managed services and proprietary platforms via onsite and offshore models. Its client base is weighted toward government and PSU projects including smart cities and e-governance. FY25 revenue was ₹276.53 crore with PAT of ₹30.03 crore.

What is the Xtranet Technologies Ltd IPO subscription status?

Live subscription figures for Xtranet Technologies IPO will appear here once bidding opens on July 23, 2026. We update QIB, NII and retail subscription multiples daily through the July 27, 2026 close.

How to apply for Xtranet Technologies IPO

You apply for any IPO through a demat and trading account using UPI or ASBA during the bidding window. If you don't have one yet, you can open a demat account online in a few minutes. Some investors also keep a second demat account to submit an additional application under a different PAN in the household and improve allotment odds.

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How to check Xtranet Technologies Ltd IPO allotment status

Xtranet Technologies IPO allotment is expected on July 28, 2026. To check: open the registrar (KFin Technologies), select “Xtranet Technologies IPO”, and enter your PAN, application number, or DP/Client ID. Refunds for unallotted applications begin July 29, 2026; shares are credited to demat by July 29, 2026.

Check allotment on KFin TechnologiesFull allotment-status guide →

When will Xtranet Technologies Ltd IPO list?

Xtranet Technologies IPO is scheduled to list on NSE, BSE on July 30, 2026. Based on the current grey market premium of ₹18, the estimated listing price is around ₹145 (14.2% gain versus the ₹127 upper price band). GMP is unofficial and can move sharply in the final days before listing.

Frequently Asked Questions

What is the Xtranet Technologies Ltd IPO GMP today?
As of July 18, 2026, the grey market premium (GMP) for Xtranet Technologies IPO is ₹18, implying an estimated listing around ₹145 (14.2% over the ₹127 upper price band). GMP is an unofficial, unregulated grey-market signal and can change sharply before listing.
What is the Xtranet Technologies Ltd IPO subscription status?
Xtranet Technologies IPO was not yet open for bidding (opens July 23, 2026). Subscription is a stronger demand signal than GMP alone — strong QIB subscription combined with positive GMP is the most reliable indicator.
When is Xtranet Technologies Ltd IPO allotment date and how do I check it?
Xtranet Technologies IPO allotment is expected on July 28, 2026. Check your allotment on the registrar's site (KFin Technologies, https://ipostatus.kfintech.com/) using your PAN, application number, or DP/Client ID. Refunds begin July 29, 2026 and shares are credited to demat by July 29, 2026.
When is Xtranet Technologies Ltd IPO listing date?
Xtranet Technologies IPO is scheduled to list on NSE, BSE on July 30, 2026.
What is the lot size and minimum investment for Xtranet Technologies Ltd IPO?
The lot size is 110 shares and the minimum retail investment is ₹13,970 at the upper price band of ₹120-₹127.
Should I apply to the Xtranet Technologies Ltd IPO?
This is not investment advice. Positives: FY25 RoNW ~31% and ROCE ~38% with revenue of ₹276.53 crore. Risks: High client concentration with revenue weighted toward government/PSU contracts. Weigh GMP, subscription, valuation and use of proceeds together, and read the RHP before applying.

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