Xtranet Technologies IPO Subscription Status
Final figures at close of bidding: 3 Aug 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 7.13x |
| NII | 26.65x |
| sNII (₹2L–₹10L) | 26.53x |
| bNII (above ₹10L) | 26.72x |
| Retail (RII) | 8.98x |
| Total | 12.24x |
Bidding day 5
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 0.91x | 1.21x | 0.53x | 1.4x | 1.12x |
| Day 2 | 0.91x | 2.81x | 1.77x | 2.5x | 1.96x |
| Day 3 | 0.91x | 2.81x | 1.77x | 2.5x | 1.96x |
| Day 4 | 0.91x | 2.81x | 1.77x | 2.5x | 1.96x |
| Day 5 | 7.13x | 26.53x | 26.72x | 8.98x | 12.24x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
Bidding in the Xtranet Technologies IPO ran across 5 recorded days: overall subscription stood at 1.12× at the close of day 1, read 1.96× at the end of day 2, read 1.96× at the end of day 3, read 1.96× at the end of day 4, and finished at 12.24× on day 5. On the final day it was non-institutional investors (NII) driving the book, at 26.65× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 5, when the overall multiple moved from 1.96× to 12.24×.
Category detail
Institutional demand closed at 7.13× of the QIB quota. Non-institutional investors came in at 26.65×, split 26.53× in the small-NII bucket (bids under ₹10 lakh) and 26.72× among big NIIs (above ₹10 lakh). Within the NII book, the bigger ₹10-lakh-plus bids outpaced the smaller applications. Retail investors put in bids for 8.98× the shares reserved for them. That puts non-institutional investors (NII) at the top of the book at 26.65× and qualified institutional buyers (QIB) at the bottom at 7.13×.
What the multiple means for allotment
A retail multiple of 8.98× means bids in the category outnumbered the shares set aside for it roughly 8.98 times over. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 110 shares — ₹13,970 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Xtranet Technologies IPO open and close?
- The Xtranet Technologies IPO opens on 23 Jul 2026 and closes on 27 Jul 2026.
- How many times was the Xtranet Technologies IPO subscribed?
- The Xtranet Technologies IPO was subscribed 12.24 times in total across all investor categories.
- What is the reservation split in the Xtranet Technologies IPO?
- Of the total shares offered, retail investors get 35%, QIBs 20% (plus 30% anchor), non-institutional investors 15%.