Xtranet Technologies IPO Day 3: GMP holds at 7%; Check subscription status and other key details

Xtranet Technologies IPO was subscribed 1.96 times by the end of Day 2, with retail investors bidding 2.50 times, NIIs 2.12 times, and QIBs at 91 percent. The issue is entirely a fresh issue of 1.31 crore shares at a price band of Rs 120-127, aiming to raise Rs 166.8 crore, with a grey market premium of around 7 percent indicating an estimated listing price of approximately Rs 136. The company, an IT solutions provider established in 2002, reported FY26 total income of Rs 366.01 crore (up 32 percent year-on-year) and profit after tax of Rs 40.73 crore.