Xtranet Technologies IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Return Estimator (GMP*)
Financial Analysis
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 222.78 | 233.26 | 276.53 |
| Expense | 215.04 | 217.33 | 237.75 |
| Profit (PAT) | 5.98 | 10.94 | 30.03 |
| Total Assets | 223.99 | 202.94 | 321.79 |
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Silver Touch Technologies Limited | 17.50 | 39.04 | 16.42 | 94.30 | 288.38 Cr |
| Dynacons Systems & Solutions Limited | 57.01 | 15.16 | 31.17 | 198.50 | 1,267.22 Cr |
| Coforge Limited | 123.01 | 89.52 | 14.67 | 191.62 | 12,050.70 Cr |
Promoters: Sukhbir Singh Kukreja, Jogendrapal Singh Alagh and Shiney Sukhbir
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 3,91,51,700 | 83.63% |
| Promoter Holding Post Issue | 5,22,85,700 | 62.63% |
Strengths & Risks
- Revenue grew 19% in the latest reported year.
- Solid profit margin — 10.9%.
- Strong return on equity — 31%.
- Low leverage — debt/equity of 0.40.
No major red flags in the available data.
Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Founded in 2002, Xtranet Technologies is one of the leading IT solutions providers offering a wide range of services including enterprise applications, digital transformation, managed services, proprietary platforms, and strategic technology partnerships. Its product range includes Enterprise Applications: ERP, system integration, cloud, infrastructure, and application services. Managed Services: IT infrastructure management and modernization. Digital Services: IaaS, PaaS, and SaaS solutions.Platforms: Synergy (low-code) and XtraTrust. The firm offers its services using both onsite and offshore delivery models, backed by its subsidiaries, joint ventures, and its own technology platforms. Xtranet runs its business through Fixed-price projects, Time-and-materials contracts, Recurring service agreements, and a significant share from Government and PSU clients.
| Purpose | Amount (Cr) |
|---|---|
| Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company | 21.99 |
| Capital expenditure by our Company for purchase and installation of Systems and Hardware; | 7.30 |
| To Meet Working Capital Requirements | 102.00 |
| General corporate purposes | - |
Resources & Documents
Xtranet Technologies Ltd., Z-24, Zone – 1,, M.P. Nagar, Bhopal, Madhya Pradesh, 462011
Xtranet Technologies has set a price band of Rs 120–Rs 127 per share for an issue size of Rs 167 crore. The Mainboard issue is scheduled to open for subscription on July 23, 2026 — 6 days from now.
Founded in 2002, Xtranet Technologies is one of the leading IT solutions providers offering a wide range of services including enterprise applications, digital transformation, managed services, proprietary platforms, and strategic technology partnerships. Its product range includes Enterprise Applications: ERP, system integration, cloud, infrastructure, and application services.
The issue is promoted by Sukhbir Singh Kukreja, Jogendrapal Singh Alagh and Shiney Sukhbir with Share India Capital Services Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company (Rs 22 crore) and Capital expenditure by our Company for purchase and installation of Systems and Hardware; (Rs 7 crore).
On fundamentals, the company is posting revenue growth of 18.6%, a profit margin of 10.9%, return on equity of 31.1% in its most recent reported period. Listed peers in this segment include Silver Touch Technologies Limited (P/E 39.04x) and Dynacons Systems & Solutions Limited (P/E 15.16x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Xtranet Technologies IPO GMP — What It Means
No active grey market premium has been recorded for Xtranet Technologies IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.
See the full Xtranet Technologies GMP history and trend, or learn how grey market premium works and how reliable it is.
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