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Xtranet Technologies Ltd

Xtranet Technologies IPO

  • Status: Upcoming
  • DRHP:
  • BSE NSE
  • ₹ 13,200 / 110 shares

    Minimum Investment

Xtranet Technologies IPO Details

  • Open Date

    23 Jul 2026

  • Close Date

    27 Jul 2026

  • IPO Price Range

    ₹ 120 to ₹127

  • IPO Size

    ₹ 166.80 Cr

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Last Updated: 17 July 2026 6:19 PM by 5paisa

Xtranet Technologies is an integrated IT solutions provider delivering enterprise applications, digital transformation, managed services, proprietary platforms, and strategic technology solutions across diverse industries. Its offerings include ERP implementation, system integration, cloud, cybersecurity, data centre management, application development, and Infrastructure-as-a-Service, Platform-as-a-Service, and Software-as-a-Service solutions. The company generates revenue through fixed-price, time-and-materials, and recurring service contracts, with a significant proportion of business originating from Government and Public Sector Undertaking clients. 

Established in: 2002 

Managing Director: Sukhbir Singh Kukreja

Peers:

Metric 

 Xtranet Technologies  

Silver Touch Technologies Limited 

Dynacons Systems & Solutions Limited 

Coforge Limited 

Revenue from Operations 

276.08  288.38  1267.22  12050.70 

Face Value  

10  10  10  10 

Closing price as on September 24, 2025 

NA  739.00  931.10  1623.45 
EPS Basic  7.60  17.50  57.01  123.01 
EPS Diluted  7.60  17.50  56.95  122.03 
P/E  NA  39.04  15.16  89.52 
RONW (%)  31.18  16.42  31.17  14.67 
NAV  129.55  94.30  198.50  191.62 

Xtranet Technologies Objectives

1. Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company  

2. Capital expenditure by our Company for purchase and installation of Systems and Hardware;     

3. To Meet Working Capital Requirements     

4. General corporate purposes 

Xtranet Technologies IPO Size 

Types Size
Total IPO Size ₹166.80 Cr 
Offer For Sale -
Fresh Issue ₹166.80 Cr 

Xtranet Technologies IPO Lot Size 

Application Lots Shares Amount (₹)
Retail (Min) 110  ₹13,200 
Retail (Max) 14  1,540  ₹1,95,580 
S - HNI (Min) 15 1,650  ₹1,98,000
S - HNI (Max)  71 7,810  ₹9,91,870 
B - HNI (Min)  72 7,920 

₹9,50,400 

Profit and Loss

Balance Sheet

Particulars (In ₹ Crores) FY23 FY24 FY25
Revenue 225.56  232.94  276.08 
EBITDA 13.44  19.18  47.65 
PAT 5.98  10.94  30.03 
Particulars (In ₹ Crores) FY23 FY24 FY25
Total Assets 223.99  202.94  321.79 
Share Capital 6.90  6.90  6.90 
Total Liabilities 223.99  202.94  321.79 
Cash Flows (₹ Crores) FY23 FY24 FY25
Net Cash Generated From / (used in) Operating Activities 0.34  -1.18  8.62 
Net Cash Generated From / (used in) Investing Activities -7.18  -15.81  -30.44 
Net Cash Generated From / (used in) Financing Activities 5.58  19.25  19.73 
Net Increase (Decrease) in Cash and Cash Equivalents -1.26  -2.27  -2.09 


Strengths

1. Diversified IT solutions across multiple technology domains.  

2. Strong Government and PSU client relationships established.  

3. Recurring revenue from long-term managed service contracts.  

4. Proprietary platforms enhance digital transformation capabilities.

Weaknesses

1. High dependence on Government and PSU project spending.  

2. Lengthy procurement cycles may delay revenue recognition.  

3. Limited global diversification compared with larger IT peers.  

4. Project execution risks could affect profit margins.  

Opportunities

1. Rising enterprise demand for digital transformation solutions.  

2. Growing cloud adoption supports infrastructure services expansion.  

3. Increasing public sector technology modernisation initiatives nationwide.  

4. Cross-selling proprietary platforms to existing enterprise customers.  

Threats

1. Intense competition from established domestic IT service providers.  

2. Rapid technological changes require continuous capability investments.  

3. Government budget constraints may reduce technology expenditure.  

4. Cybersecurity incidents could impact reputation and client confidence. 

1. Diversified technology portfolio across multiple high-growth service segments. 

2. Strong Government and PSU customer relationships supporting revenues. 

3. Recurring managed services provide stable long-term income visibility. 

4. Well positioned to benefit from India's digital transformation. 

India's information technology services industry continues to benefit from accelerating digital transformation, increasing cloud adoption, and rising investments in cybersecurity, enterprise applications, and managed services. Government-led digital initiatives and public sector technology modernisation are creating significant opportunities for integrated IT solution providers. With growing demand for cloud infrastructure, automation, and low-code platforms, companies offering end-to-end technology services are well positioned to achieve sustainable long-term growth.

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FAQs

Xtranet Technologies opens from July 23, 2025 to July 27, 2026.

The size of Xtranet Technologies is ₹166.80 Cr. 

The price band of Xtranet Technologies IPO is fixed at ₹120 to ₹127. 

Once the Xtranet Technologies IPO is officially open, one can simply follow the process to apply for the IPO: 

To apply for Xtranet Technologies IPO, follow the steps given below: 

● Login to your 5paisa account and select the issue in the current IPO section 

● Enter the number of lots and the price at which you wish to apply for the Xtranet Technologies IPO 

● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange 

You will receive a mandate notification to block funds in your UPI app.

The minimum lot size of Xtranet Technologies is of 110 shares and the investment required is ₹13,200. 

The share allotment date of Xtranet Technologies IPO is July 28, 2026 

The Xtranet Technologies IPO will likely be listed on July 30, 2026. 

Share India Capital Services Pvt.Ltd is the book running lead managers for Xtranet Technologies IPO. 

1. Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company     

2. Capital expenditure by our Company for purchase and installation of Systems and Hardware;  

3. To Meet Working Capital Requirements     

4. General corporate purposes