Xtranet Technologies IPO: Rs 166.80 Cr Issue Opens July 23
By ThePip Desk
Xtranet Technologies launches its Rs 166.80 crore IPO on July 23, 2026. The book-building issue offers 1.31 crore shares at Rs 120-127 per equity share.
Xtranet Technologies is set to launch its initial public offering (IPO) on July 23, 2026, aiming to raise Rs 166.80 crore. This 100% book-building issue offers 1,31,34,000 shares within a price band of Rs 120-127 per equity share.
IPO Details at a Glance
The offering will be open for subscription from July 23, 2026, and is scheduled to close on July 27, 2026. Each equity share in the IPO carries a face value of Rs 10.
The core financial parameters for Xtranet Technologies’ public offering include:
- Total Capital Target: Rs 166.80 crore
- Total Shares Available: 1,31,34,000 equity shares
- Per Share Price Range: Rs 120-127
- Nominal Share Value: Rs 10 face value per share
Investor Categorization
The company has established a clear allocation framework for various investor groups participating in the book-building process. This structure aims to balance participation across institutional and retail segments.
- Qualified Institutional Buyers (QIBs): Not more than 50% of the total issue size
- Specific Mutual Fund Allocation: 5% within the QIB portion
- Non-Institutional Bidders: A minimum of 15% of the issue will be available
- Retail Individual Investors: The remaining 35% of the shares are reserved
Upon successful completion of the subscription period, Xtranet Technologies’ shares are slated for listing on the BSE, marking its debut on the exchange.