Mumbai, July 28 -- The initial public offer of Xtranet Technologies received bids for 11,25,20,210 shares as against 91,93,800 shares on offer. The issue was subscribed to 12.24 times.

The non-institutional investors (NII) category was subscribed 26.65 times, the retail individual investors category was subscribed 8.98 times and the qualified institutional buyers' (QIBs) portion was subscribed 7.13 times.

The issue opened for bidding on 23 July 2026 and it closed on 27 July 2026. The price band of the IPO is fixed between Rs 120 and 127 per share.

The IPO was entirely a fresh issue of shares worth Rs 170 crore at the upper price band of Rs 127. The fresh issuance comprised 1,33,85,827 shares, with no offer for sale (OFS) component. At ...