GenXAI Analytics lists 20% lower on NSE SME in 2026

What happened on listing day

GenXAI Analytics made a weak stock market debut on 12 June 2026, listing on the NSE SME platform at ₹92.80 per share. The listing price was 20% below the IPO issue price of ₹116, marking a clear discount to the offer price. NSE live data in the provided snapshot showed the stock at ₹97.40 at 15:58 on June 12, with a day change of 0.00 (0.00%). The stock is stated as not listed on BSE, keeping trading limited to the NSE SME venue in this context. The open price shown was ₹92.80, aligning with the listing print. Reported volume was 1,620,000 shares.

IPO price, band and final issue price

The IPO was offered in a price band of ₹110 to ₹116 per share. The company fixed the final issue price at ₹116 per share. The face value of the equity shares was ₹10 per share. The issue is described as a book building SME issue. The issue size is stated as ₹54.84 crore (with another range shown as ₹52.01 to ₹54.84 crore in the IPO details).

Grey market premium संकेत and expectation gap

Ahead of listing, the IPO GMP (grey market premium) was reported at ₹1 per share. That GMP level implied a likely listing price of about ₹117, which was described as a premium of 0.86% to the offer price. Against that expectation, the actual listing at ₹92.80 represented a sharp negative surprise relative to the implied indication. The gap between the GMP-implied price and the actual list price highlights that informal indicators did not translate into listing gains for this issue.

Trading snapshot from NSE live data

The data provided for June 12 at 15:58 showed the last traded price at ₹97.40. The previous close was shown as ₹97.40, with day change at 0.00 (0.00%). The open price was ₹92.80. Bid price and offer price fields were shown as 0.00 with quantities at 0, in the snapshot provided. Volume was reported at 1,620,000 shares, indicating active trading in the session.

Key IPO details investors tracked

The IPO window is stated as 05 June 2026 to 09 June 2026. The listing date for the IPO is stated as 12 June 2026. The issue size is given as ₹54.84 crore in multiple places. The lot size is shown as 1200 shares in the IPO summary, while another line mentions “Market LOT 2400 shares” and also states the minimum application as 2400. The minimum investment is shown as ₹2,64,000, which aligns with the larger minimum application figure cited in the provided text.

Company and registrar contact details provided

The company name is shown as GenXAI Analytics Limited. The registered office address is listed as 3rd Floor, Tower-7, Plot No.7, Teachers Colony, Baba Market, DCM, Ajmer Road, Jaipur - 302 021, Rajasthan, India. The company phone number is provided as +91 92160 43668. The company email is secretarial@genxai.com and the website is https://www.genxai.com/. Registrar details shown include phone number 022-62638200 and email ipo@bigshareonline.com, with the registrar website listed as www.bigshareonline.com.

What the offer structure says about the issue

The provided IPO text mentions an initial public issue of up to 47,28,000 equity shares of face value ₹10 each at an issue price of ₹110 to ₹116 per share, aggregating up to ₹52.01 to ₹54.84 crore. It also mentions a market maker reservation portion of 2,40,000 equity shares aggregating ₹2.64 to ₹2.78 crore. An employee reservation portion of up to 1,80,000 equity shares aggregating ₹1.98 to ₹2.09 crore is also mentioned. The public issue and net issue are stated to constitute 26.35% and 25.01% respectively of post-issue paid-up equity share capital, based on the provided text.

Summary table: listing, pricing and issue facts

Market impact: what the numbers indicate

The most direct market signal from the data is the 20% discount at listing compared with the IPO issue price. A listing at ₹92.80 versus ₹116 reduces the entry valuation for secondary market buyers relative to IPO allottees at the offer price. The session snapshot later showed ₹97.40, which remains below ₹116 but above the listing print, indicating some recovery from the initial list level based on the provided prices. Volume of 16.2 lakh shares suggests meaningful turnover during the day, which is often watched on SME listings for liquidity cues. The stock being on NSE SME and not on BSE narrows where price discovery occurs, based on the stated listing information.

Why this listing mattered for IPO watchers

The issue had a very small reported GMP of ₹1, which already suggested limited listing upside even before trading began. Despite that, the actual listing came at a steep discount, showing that even modest positive GMP did not hold. The spread between the offer price and the listing price is large enough to be material for retail applicants assessing IPO risk on SME counters. Investors also track clarity on application size and lot structure, and the provided details show both 1200-share lot size references and 2400-share minimum application references, alongside a minimum investment figure of ₹2.64 lakh.

Conclusion

GenXAI Analytics listed on NSE SME on 12 June 2026 at ₹92.80 per share, 20% below the IPO price of ₹116, and was later shown at ₹97.40 in the provided NSE live snapshot. The IPO ran from 05 June to 09 June 2026 with a price band of ₹110 to ₹116 and an issue size stated at ₹54.84 crore. Market participants will continue to monitor trading volume, price stability around the sub-₹116 zone, and any further exchange updates on the counter’s trading data.