Xtranet Technologies IPO
Xtranet Technologies Limited (XTRANET) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 30 July 2026.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +0.6% (likely range -10% to +12%), day's high +2.5%, chance of a gain 51%. Actual: +7.1% at the open, +7.8% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 26,26,800 | 1,87,37,400 | 7.13x | |
| NII (HNI) total | 19,70,100 | 5,25,09,490 | 26.7x | |
| Big NII (above ₹10 lakh) | 13,13,400 | 3,50,89,670 | 26.7x | |
| Small NII (₹2-10 lakh) | 6,56,700 | 1,74,19,820 | 26.5x | |
| Retail | 45,96,900 | 4,12,73,320 | 8.98x | |
| Total | 91,93,800 | 11,25,20,210 | 12.2x |
Bids on NSE and BSE together, as published by NSE, as of 27 Jul 2026, 07:00 PM. Shares offered exclude the anchor portion. 31% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Xtranet Technologies's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Global SurfacesMar 2023 | 8.95x | 33.1x | 5.12x | 12.2x | ₹155 Cr | +17.1% | +23.0% |
| Pyramid TechnoplastAug 2023 | 9.94x | 32.2x | 14.7x | 18.3x | ₹153 Cr | +12.7% | +13.2% |
| Mangal Electrical IndustriesAug 2025 | 10.5x | 18.8x | 4.84x | 9.46x | ₹421 Cr | -0.9% | +0.9% |
| PSP ProjectsMay 2017 | 8.38x | 10.4x | 6.47x | 8.58x | ₹212 Cr | -9.5% | -5.0% |
| Krystal Integrated ServicesMar 2024 | 7.33x | 43.9x | 3.32x | 13.2x | ₹304 Cr | +9.8% | +11.0% |
| Venus Pipes and TubesMay 2022 | 12.0x | 15.7x | 19.0x | 16.3x | ₹165 Cr | +3.5% | +8.7% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Share India Capital Services | — | — | — |
Offer documents (NSE)
Frequently asked
What is the Xtranet Technologies IPO price band and lot size? ₹120–127 per share, with a lot of 110 shares, so the smallest retail bid is ₹13,970.
How many times has it been subscribed? 12.2x overall: QIB 7.13x, NII 26.7x, retail 8.98x.
How did it list? It opened at ₹136, +7.1% against the issue price of ₹127, and closed its first day +1.7%.
