Genxai Analytics IPO Day 3 Subscription Status: Issue Subscribed 4.06x So Far
By HDFC SKY | Published at: Jun 9, 2026 03:03 PM IST
Mumbai, June 9: Genxai Analytics IPO attracted steady demand from investors on the final day of bidding, with the SME issue being subscribed 4.06 times as of 12:40 PM on Tuesday.
The ₹54.84 crore public offering is entirely a fresh issue of 47.28 lakh equity shares. Bidding for the IPO opened on June 5 and concludes today. Shares of the company are proposed to be listed on the NSE SME platform.
Investor participation was driven largely by the non-institutional investor (NII) segment, while the retail portion also witnessed healthy traction. The qualified institutional buyer (QIB) segment, excluding anchor investors, remained undersubscribed at the time of reporting.
Genxai Analytics IPO Day 3 Subscription Status
According to exchange data available at 12:40 PM on June 9, the public issue had garnered bids for 1.29 crore shares against 31.95 lakh shares on offer, translating into an overall subscription of 4.06 times.
Category-wise Genxai Analytics IPO Subscription Status
| Category | Subscription (x) |
| QIB (Ex Anchor) | 0.50 |
| NII/HNI | 10.81 |
| Retail Individual Investors | 3.57 |
| Total | 4.06 |
The NII portion emerged as the strongest segment, drawing subscriptions of 10.81 times. Retail investors subscribed their quota 3.57 times, while the QIB category, excluding anchor investors, stood at 0.50 times.
Genxai Analytics IPO Day-wise Subscription Summary
| Date | QIB (Ex Anchor) | NII/HNI | Retail | Total |
| June 5, 2026 (Day 1) | 0.50 | 1.24 | 0.42 | 0.60 |
| June 8, 2026 (Day 2) | 0.50 | 1.60 | 1.10 | 1.02 |
| June 9, 2026 (Day 3, 12:40 PM) | 0.50 | 10.81 | 3.57 | 4.06 |
The issue crossed the fully subscribed mark on the second day of bidding and saw a sharp jump in NII participation on the final day. Retail demand also strengthened considerably compared with the opening day.
Brief Overview Of The IPO
Genxai Analytics is looking to raise ₹54.84 crore through a fresh issue of 47.28 lakh equity shares. The IPO is priced in a band of ₹110 to ₹116 per share.
Investors can bid for a minimum lot of 1,200 shares. Retail applicants are required to apply for at least two lots, or 2,400 shares, which translates into an investment of ₹2.78 lakh at the upper end of the price band. For HNI investors, the minimum application size is three lots, equivalent to 3,600 shares and an investment of ₹4.17 lakh.
Choice Capital Advisors Pvt. Ltd. is managing the issue as the book-running lead manager, while Bigshare Services Pvt. Ltd. has been appointed registrar. Choice Equity Broking Pvt. Ltd. is the market maker for the offering.
This version feels closer to financial newsroom copy because it uses natural narrative flow, avoids repetitive sentence openings, and adds context around subscription movement without introducing analysis or opinion.
Source
- https://www.nseindia.com/market-data/issue-information?symbol=GENXAI&series=SME&type=Active
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Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations
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