Explore how GenXAI Analytics Ltd.’s IPO performed on its opening day, including subscription details, issue size, investor participation, key dates, objectives of the issue, and the application process through ASBA or UPI.
The GenXAI Analytics Ltd. IPO opened for subscription on June 5, 2026, marking the company's entry into the public markets through the NSE SME platform. The company operates in the analytics and technology space and intends to utilise the proceeds from the issue towards product development, working capital requirements, debt repayment, and general corporate purposes.
The IPO is a book-built issue aggregating to ₹54.84 Crores, with shares offered in the price band of ₹110 to ₹116 per share.
The GenXAI Analytics Ltd. IPO witnessed a cautious start on its first day of bidding, with retail investors showing slightly higher participation than non-institutional investors.
The GenXAI Analytics Ltd. IPO was subscribed 0.09× overall on its first day of bidding.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIBs ex-anchors) |
N.A. |
Non-Institutional Investors (NIIs) |
0.08× |
Retail Individual Investors (RIIs) |
0.15× |
Total |
0.09× |
The retail category recorded the highest participation on Day 1, while NII subscriptions remained modest. Institutional bidding data was not available at the time of reporting.
The IPO's initial response indicates a measured start, with subscription levels likely to evolve over the remaining bidding period.
The GenXAI Analytics Ltd. IPO witnessed improved investor participation on the second day of bidding, with the overall subscription rising to 0.76×. Demand was led by non-institutional investors, while retail participation also increased compared to the opening day.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
0.50× |
Retail Individual Investors (RII) |
0.70× |
Non-Institutional Investors (NII) |
1.18× |
Employee Reserved |
0.00× |
Total |
0.76× |
The NII category emerged as the strongest segment on Day 2, crossing the fully subscribed mark with 1.18× subscription. Retail investors subscribed 0.70×, while QIB participation stood at 0.50×. The overall response reflected growing investor interest as the issue progressed through its subscription period.
The GenXAI Analytics Ltd. IPO witnessed a notable increase in investor participation on the final day of bidding. The issue achieved an overall subscription of 2.32×, driven primarily by strong demand from non-institutional investors and growing retail interest.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
0.50× |
Retail Individual Investors (RII) |
2.19× |
Non-Institutional Investors (NII) |
4.62× |
Employee Reserved |
0.00× |
Total |
2.32× |
The NII segment emerged as the strongest contributor, subscribing 4.62× their allotted quota. Retail investors also showed healthy participation with 2.19× subscription, while QIB bidding remained relatively moderate at 0.50×. The overall response indicates increasing investor interest in the company’s analytics and technology-focused business model as the issue closed.
The GenXAI Analytics Ltd. IPO is being offered in a price band of ₹110 to ₹116 per share, with a face value of ₹10 per share.
Investors can bid for a minimum of 1 lot comprising 1,200 shares and in multiples thereafter.
At the upper price band, the investment requirement is as follows:
| Investor Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
Retail (Min) |
1 |
1,200 |
₹1,39,200 |
S-HNI (Min) |
2 |
2,400 |
₹2,78,400 |
The IPO follows the SME investment framework, where applications are accepted in lot sizes rather than individual shares.
For detailed insights about the company, issue particulars, and the latest updates, visit the GenXAI Analytics IPO on Bajaj Markets.
The timeline below highlights the key milestones of the public issue:
| Event | Date | Details |
|---|---|---|
IPO Open Date |
June 5, 2026 |
Issue opens for subscription |
IPO Close Date |
June 9, 2026 |
Final day to submit bids |
Basis of Allotment |
June 10, 2026 |
Finalisation of share allotment |
Initiation of Refunds |
June 11, 2026 |
Refunds begin for unallotted investors |
Credit of Shares to Demat |
June 11, 2026 |
Shares credited to successful applicants |
Listing Date |
June 12, 2026 |
Shares proposed to list on NSE SME |
Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.
Investors can apply for the IPO through the ASBA facility provided by banks or via UPI-enabled broker platforms.
This is a convenient and secure method where your application amount stays blocked until shares are allotted.
Log in to your internet banking account.
Go to the ‘Investments’ or ‘IPO Application’ section.
Select ‘GenXAI Analytics Ltd. IPO’ from the available list.
Enter your preferred bid quantity and price.
Confirm and submit your application.
The bid amount will remain blocked in your account until allotment.
Upon allotment, the amount will be debited, and shares credited to your Demat account.
You can apply using UPI through your stockbroker’s or financial marketplace’s online platform.
Log in to your trading account or Demat account on your broker’s platform or financial marketplace.
Navigate to the IPO section and select ‘GenXAI Analytics Ltd. IPO’.
Enter your application details including number of lots and price.
Provide your UPI ID linked to your bank account.
Approve the UPI mandate request on your UPI app (like BHIM, Google Pay, or PhonePe).
Funds will be debited only upon share allotment.
Once allotted, shares will be credited directly to your Demat account.
Sources
LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner