Xtranet Technologies Gets SEBI Nod for Rs 190 Crore IPO

• Xtranet Technologies Limited receives SEBI approval for its Initial Public Offering (IPO).
• The IPO will be a fresh issue of equity shares, aiming to raise up to ₹190 crore.
• Proceeds will fund repayment of borrowings, capital expenditure for hardware, and working capital.
• Founded in 2002, Xtranet Technologies has over 23 years of experience in IT services and solutions.
• Share India Capital Services is the Book Running Lead Manager, and KFin Technologies Ltd is the Registrar.