New Delhi, July 20 -- Xtranet Technologies Limited, which is an India-based information technology solutions and services provider, has announced the price band for its upcoming initial public offering (IPO).

Xtranet Technologies IPO price band has been set at Rs.120 to Rs.127 per share, with a face value of Rs.10 per share. The upcoming mainboard IPO will open for bidding on July 23 and close on July 27.

Xtranet Technologies IPO is a book-built issue worth Rs.166.80 crore. The offering consists entirely of a fresh issue of 1.31 crore shares, with no offer-for-sale component included in the issue.

The minimum bid size for the Xtranet Technologies IPO is 110 shares, requiring a minimum investment of Rs.13,970 for retail investors, calcu...