New Delhi, July 22 -- Xtranet Technologies IPO is scheduled to open for subscription on Thursday, July 23. The Rs.167 crore public issue will be available for bidding until July 27.

The Xtranet Technologies IPO is a completely fresh issue of 1.31 crore equity shares worth Rs.166.8 crore and does not include an offer for sale (OFS). Since the entire issue comprises newly issued shares, the proceeds from the IPO will go directly to the company.

As per the allocation structure, up to 50% of the net issue is earmarked for Qualified Institutional Buyers (QIBs), while not less than 35% is reserved for Retail Individual Investors (RIIs) and at least 15% for Non-Institutional Investors (NIIs).

Established in 2002, Xtranet Technologies is an in...