Xtranet Technologies IPO
Xtranet Technologies IPO is a mainboard IPO raising ₹167 Cr at ₹120 – ₹127 a share. The smallest application you can make is 110 shares, costing ₹13,970 at the top of the band. Bidding has closed; the shares list on 30 Jul 2026. So far it has been subscribed 12× in total.
12.2 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 26,26,800 | 1,87,37,400 | 7.13× |
| Foreign Institutional Investors | no separate quota | 39,76,390 | n/a |
| Domestic Financial Institutions | no separate quota | 0 | n/a |
| Mutual funds | no separate quota | 0 | n/a |
| Others | no separate quota | 1,47,61,010 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 19,70,100 | 5,25,09,490 | 27× |
| Non Institutional Investors | 13,13,400 | 3,50,89,670 | 27× |
| Corporates | no separate quota | 6,80,570 | n/a |
| Individuals | no separate quota | 3,30,52,910 | n/a |
| Others | no separate quota | 13,56,190 | n/a |
| Non Institutional Investors | 6,56,700 | 1,74,19,820 | 27× |
| Corporates | no separate quota | 72,710 | n/a |
| Individuals | no separate quota | 1,67,47,830 | n/a |
| Others | no separate quota | 5,99,280 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 45,96,900 | 4,12,73,320 | 8.98× |
| Cut Off | no separate quota | 3,53,99,320 | n/a |
| Price bids | no separate quota | 58,74,000 | n/a |
| Total | 91,93,800 | 11,25,20,210 | 12× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 27 Jul, 06:43 pm IST.
Where the bids landed
Demand barely changes across the price band — bidders were not price-sensitive. 31% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.9 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.