Xtranet Technologies Ltd - IPO

Xtranet Technologies Ltd IPO Details

Initial public offering of up to 1,33,85,826 equity shares of face value of Rs. 10 each (Equity Shares) of Xtranet Technologies Limited (the Company or the Issuer) for cash at a price of Rs. 120-127 per equity share (Including a Share Premium of Rs. 110-117 Per Equity Share) (Issue Price) aggregating up to Rs. 170 Crore (Issue).Price Band: Rs. 120 to Rs. 127 per equity share of face value of Rs. 10 each.The floor price is 12 times of the face value and the cap price is 12.70 times of the face value. Bids can be made for a minimum of 110 equity shares and in multiples of 110 equity shares thereafter.

Objective of issue

Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company. Capital expenditure by our Company for purchase and installation of Systems and Hardware. To Meet Working Capital Requirements. General corporate purposes.

Xtranet Technologies Ltd Contact Details

Xtranet Technologies Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - compliance@xtranetindia.com

Website - https:, xtranetindia.com