A 20% discount on its debut failed to prevent this small stock from falling-but it eventually found its footing:

Read, Digital Desk : Shares of GenXAI Analytics debuted on Friday with a discount of 20%.
However, after the listing, the company’s shares soon reversed course, and GenXAI Analytics shares hit an upper circuit of 5%, closing at Rs 97.40.
The issue price in the IPO was Rs 116.

Shares of GenXAI Analytics, a small-cap company, tumbled immediately upon their market debut on Friday. GenXAI Analytics shares debuted at a discount of 20% at Rs 92.80 on Friday. In the IPO of GenXAI Analytics, the issue price was Rs 116. However, after a poor listing, the share price of GenXAI Analytics reversed course and increased 5%, closing at Rs 97.40. The IPO of GenXAI Analytics was opened for subscription between June 5 and June 9.

The IPO of GenXAI Analytics was subscribed 17 times.
GenXAI Analytics’ IPO was subscribed 16.99 times in total. For the general category investors’ subscription for the company’s IPO was 12.59 times. For the non-institutional investor (NII) quota, the subscription was 30.92 times. For the QIB category investors, the IPO of GenXAI Analytics saw subscription of 17.58 times. For the general investors category, it was possible to bid for only 2 lots in the IPO of the company. There were 2400 shares in 2 lots of the IPO. The amount to be invested by general investors in the GenXAI Analytics IPO was Rs 2,78,400.

IPO size of Rs 55 crore.
The overall IPO of GenXAI Analytics was for Rs 55 crore. The promoters of the company are Rakesh Agarwal and Laxmi Agarwal. Their stake in the company stood at 90.28% prior to the IPO and the same has been diluted to 66.49%. The capital raised from the IPO will be utilized by GenXAI Analytics for the purposes of working capital requirements, repayment of borrowings, capital expenditure for new product development, and for general corporate purposes.

What does GenXAI Analytics do?
GenXAI Analytics was incorporated in 2017. The technology-focused company provides enterprise performance and analytics solutions and its tools assist organisations with optimizing workflows, improving system performance and achieving greater operational efficiency. It offers AI-driven tools for workflows and analytics. The services offered by GenXAI Analytics include enterprise performance management (EPM), enterprise resource planning (ERP), data engineering and analytics, application and web development, and generative AI. As of March 31, 2026, the company had a total strength of 116 employees (including 14 contract consultants). GenXAI Analytics has a customer base in consumer goods, manufacturing, retail, technology, telecom, and BFSI sectors and operations in Singapore and USA.