Mumbai, July 24 -- The initial public offer of Xtranet Technologies received bids for 1,80,53,970 shares as against 91,93,800 shares on offer, according to stock exchange data at 17:00 IST on Friday (24 July 2026). The issue was subscribed to 1.96 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. An investor can bid for a minimum of 110 equity shares and in multiples thereof.

The IPO is entirely a fresh issue of shares worth Rs 170 crore at the upper price band of Rs 127. The fresh issuance is of 1,33,85,827 shares. There is no offer for sale (OFS) component. At the upper end of the price band, the company is expected to be valued at Rs...