GenXAI Analytics, a provider of technology-driven enterprise performance and analytics solutions, plans to raise ₹55 crore through an initial public offering (IPO) on the NSE Emerge platform. The company will offer 47.28 lakh equity shares within a price band of ₹110 to ₹116 per share, with a minimum lot size set at 1,200 equity shares.
The proceeds from the IPO will be allocated toward capital expenditures for the development of new products, debt repayments, working capital needs, and general corporate purposes. The anchor bidding for the IPO will commence on Thursday, while bidding for other investors will open on Friday.
Choice Capital Advisors has been appointed as the Book Running Lead Manager, and Bigshare Services will serve as the Registrar for the offering.
Rakesh Agarwal, Managing Director of GenXAI Analytics, emphasized the transformation of the company from a consulting-led organization to a technology-focused provider of analytics and AI solutions. He highlighted the firm’s commitment to delivering value-driven digital transformation services across various industries.
Agarwal noted that the IPO is more than a fundraising initiative; it represents a strategic step toward enhancing the company’s capabilities and expanding its market presence.
Ratiraj Tibrewal, Director at Choice Capital Advisors, remarked on the robust growth of India’s digital transformation and enterprise analytics industry, which is being propelled by a swift adoption of AI, cloud technologies, automation, and data-driven decision-making within businesses. He outlined the significant long-term opportunities for technology-oriented firms like GenXAI Analytics in this evolving landscape.
GenXAI Analytics has exhibited substantial growth through its diverse range of technology solutions, which include ERP, EPM, Data Engineering, Analytics, Application Development, and Generative AI offerings. The company’s emphasis on innovation, customer-centric execution, and a scalable business model positions it well to leverage the increasing demand for enterprise digital transformation services.
Published on June 1, 2026.
