BSE List Price : ₹

NSE List Price : ₹

subscription

Category	Times
QIBs	0.91x
HNIs	2.12x
Retail	2.55x
Total : 1.99x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	1	110	₹13
Retail Maximum	14	1,540	₹970
S-HNI Minimum	15	1,650	₹195,580
S-HNI Maximum	71	7,810	₹209,550
B-HNI Minimum	72	7,920	₹991,870

About the Company

Founded in 2002, Xtranet Technologies is a prominent IT solutions company delivering a comprehensive portfolio of services, including enterprise applications, digital transformation, managed IT services, proprietary technology platforms, and strategic technology alliances.

Its offerings comprise Enterprise Applications such as ERP implementation, system integration, cloud solutions, infrastructure management, and application support. Under Managed Services, the company provides IT infrastructure management and modernization solutions. Its Digital Services include IaaS, PaaS, and SaaS offerings, while its proprietary platforms include Synergy (a low-code platform) and XtraTrust. The company delivers services through both onsite and offshore engagement models, supported by its subsidiaries, joint ventures, and in-house technology platforms. Its revenue is generated through fixed-price assignments, time-and-material contracts, recurring service engagements, with a significant contribution from Government and Public Sector Undertaking (PSU) clients.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2023	₹222.78	₹215.04	₹5.98	₹223.99
2024	₹233.26	₹217.33	₹10.94	₹202.94
2025	₹276.53	₹237.75	₹30.03	₹321.79
2026	₹366.01	₹314.01	₹40.73	₹341.97

Company Promoter

Sukhbir Singh Kukreja

Jogendrapal Singh Alagh

Shiney Sukhbir

Know before investing

• • Strengths

  Extensive Industry Expertise: Offers end-to-end IT solutions across a broad range of sectors, including government, BFSI, telecom, healthcare, railways, defence, automotive, education, and manufacturing.

  Established Public Sector Footprint: Provides specialized technology solutions for smart cities, e-governance, law enforcement, and administrative automation, maintaining a strong presence in the government and public sector domain.

• • Risks

  Dependence on Third-Party Suppliers: The company procures hardware and software products from external suppliers and OEMs. Any disruption in supply, delays, or quality-related issues could impact project execution and operations.

  Performance Bank Guarantee Exposure: The company is obligated to furnish performance bank guarantees for various projects. Any inability to obtain these guarantees or their invocation could negatively impact its cash flows and overall financial position.

Objects of the Issue & Utilisation of proceeds

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

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

To Meet Working Capital Requirements

General corporate purposes

Company  Address

Xtranet Technologies Ltd.
Z-24, Zone – 1,
M.P. Nagar
Bhopal, Madhya Pradesh, 462011
Phone: +91 1143547623
Email: compliance@xtranetindia.com
Website: https://xtranetindia.com/

IPO Registrar

Kfin Technologies Ltd.
Phone: 040-79615565
Email: xtranet.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/

IPO Review

May Apply