Xtranet Technologies IPO opens today: Check latest GMP, subscription status, and other details - Apply or not?

Xtranet Technologies IPO opened for subscription on July 23, priced at ₹120-127 per share, aiming to raise ₹167 crore via a fresh issue of 1.31 crore equity shares with no OFS component. The grey market premium stands at ₹13, suggesting a likely debut price of ₹140, about 10 percent above the issue price. The company reported FY26 total income of ₹366.01 crore, up 32 percent year-on-year, with PAT rising 36 percent to ₹40.73 crore, and Swastika Investmart assigned a subscribe rating citing revenue visibility from a ₹356.96 crore order book.