Genxai Analytics SME IPO
Genxai Analytics IPO — date, price band, GMP & allotment 2026
Genxai Analytics IPO is scheduled to open for subscription from 5 June 2026 to 9 June 2026. Established in 2007 (originally as Harbinger Consulting Private Limited), the company is a technology-driven enterprise performance and analytics solutions provider. Its business model focuses on helping organisations integrate data, automate workflows, and improve decision-making through AI, analytics, and enterprise software solutions. Genxai Analytics serves clients across multiple industries and has expanded its presence through operations in India, the USA, and Singapore.
Stock price
Genxai Analytics is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 13 September.
- Open 05 Jun 2026
- Close 09 Jun 2026
- Allotment 10 Jun 2026
- Refund/credit 11 Jun 2026
- Listing 12 Jun 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 5 to 9 Jun, 2026 |
|---|---|
| Price Band | ₹110 – ₹116 |
| Face Value | ₹10 |
| Lot Size | 1200 Shares |
| Issue Size | ₹54.84 Cr |
| Sale Type | book build issue |
| Listing On | NSE SME |
| Employee Discount | 1,80,000 |
| Registrar | Bigshare Services Private Limited |
| Min Investment | ₹ 2,78,400 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 1200 shares at the ₹116 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 2,400 | ₹2,78,400 |
| Retail (max) | 2 | 2,400 | ₹2,78,400 |
| HNI (min) | 3 | 3,600 | ₹4,17,600 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Strong expertise in AI, analytics, and enterprise performance management solutions.
- 02Asset-light business model with relatively low capital expenditure requirements.
- 03Diversified client base across multiple industries and geographies.
- 04Growing demand for data analytics and digital transformation services.
- 05Experienced management team with a proven technology consulting background.
Risks · 5
- 01Highly competitive industry with presence of large global IT firms.
- 02Dependence on skilled professionals; attrition may impact operations.
- 03Revenue concentration from a limited number of key clients.
- 04Rapid technological changes require continuous investment and innovation.
- 05Exposure to global economic slowdown affecting client technology spending.
Three years of numbers
All figures in ₹ crore, as reported in the Genxai Analytics offer document.
| Metric | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 72.79 | 23.61 | 11.33 | 6.75 |
| Total Income | 64.47 | 28.88 | 24.21 | 16.61 |
| Profit After Tax | 13.31 | 6.55 | 2.65 | 0.84 |
| EBITDA | 18.97 | 10.03 | 4.13 | 1.42 |
| NET Worth | 30.74 | 11.03 | 4.43 | 1.77 |
| Reserves and Surplus | 19.19 | 11.30 | 4.23 | 1.58 |
| Total Borrowing | 16.07 | 7.27 | 4.11 | 0.82 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Genxai Analytics RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Genxai Analytics IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹9.89 |
| P/E Ratio (x) | 11.73 |
| Market Cap at Offer Price (₹ Cr) | ₹156.11 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹116 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹66.94 Cr of the issue is earmarked to named objects.
About the company
The company offers a wide range of services including business intelligence, AI-driven analytics, cloud solutions, data integration, and enterprise planning tools. Its business model is based on providing consulting, implementation, and managed services to corporate clients across industries such as banking, financial services, manufacturing, healthcare, and retail. With operations in India and an international presence through global clients, Genxai Analytics generates revenue through long-term technology partnerships, software implementation projects, and recurring support services.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
+91 9216043668
The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Choice Capital Advisors Pvt.Ltd.
4 issues handled (2 mainboard, 2 SME)2 of their issues have listed so far, and 2 opened above the issue price (average +11.8%). That is too small a sample to read as a hit rate.
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Genxai Analytics?
The current Grey Market Premium is ₹1, or 0.9% over the issue price.
What is the Genxai Analytics IPO price band?
₹110 to ₹116, on a face value of ₹10.
When is the allotment?
The basis of allotment is 10 June 2026, with listing on 12 June 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Bigshare Services Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
