Genxai Analytics share price makes weak debut; lists at ₹92.80 on NSE SME, down 20% from IPO price
Summary
Genxai Analytics made a weak stock market debut, listing at ₹92.80 on the NSE SME, 20% below its IPO price of ₹116. The IPO drew strong overall subscription of 16.99 times, led by heavy demand from NII and QIB investors. The company raised ₹14.99 crore from anchor investors before the issue and plans to use IPO proceeds for working capital, debt repayment, and development of new products. Genxai Analytics focuses on enterprise performance management, analytics, AI-enabled workflow tools, and generative AI solutions for businesses.
Funding
Amount
$6.6M
Total raised
Date
June 12, 2026
Announcement date
Investors
-
Lead investors
Company
genxai.com
Funded company
Classifications
industries
No industries detected
applications
Data Management
AskAI Classifications
Labels
Generative AI Software
Enterprise Software
SaaS
Linked Companies
GenXAI
$1M to $5M