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(17/07/2026 14:10)

Xtranet Technologies announces launch of initial public offering

Xtranet Technologies Ltd. has announced public offering of 13385826 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 117.00 per share. The gross proceeds of the issue are expected to be Rs 17,000.00 lakhs.

The company's initial public offer (IPO) will open on 23 July 2026 and is expected to close on 27 July 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 120.00-127.00 per share.

The IPO includes a fresh Issue of 13385826 Equity Shares of the Company at an price of Rs 127.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 110 shares with bids in multiples of 110.

Xtranet Technologies Ltd. anticipates using the proceeds of the issue for .

Share India Capital Services Pvt. Ltd. as lead manager & KFin Technologies Ltd. is the registrar, to the issue.
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