Genxai Analytics Ipo
Genxai Analytics IPO Review & Key Points
Review: Neutral
IPO Lead Managers aka Merchant Bankers
Choice Capital Advisors Pvt. Ltd.
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date | June 5, 2026 |
| IPO Close Date | June 9, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹110 to ₹116 Per Share |
| Issue Size | Approx ₹55 Crores |
| Fresh Issue | Approx ₹55 Crores |
| Issue Type | Bookbuilding Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,400 | ₹2,78,400 |
| Retail Maximum | 2 | 2,400 | ₹2,78,400 |
| S-HNI Minimum | 3 | 3,600 | ₹4,17,600 |
| S-HNI Maximum | 7 | 8,400 | ₹9,74,400 |
| B-HNI Minimum | 8 | 9,600 | ₹11,13,600 |
| Employee (Min) | 2 | 2,400 | ₹2,78,400 |
| Employee (Max) | 3 | 3,600 | ₹4,17,600 |
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | 12,92,400 Shares | 27.34% |
| QIB (Ex. Anchor) | 8,61,600 Shares | 18.22% |
| NII Shares Offered | 6,46,200 Shares | 13.67% |
| Retail Shares Offered | 15,07,800 Shares | 31.89% |
| Anchor Bidding Date | June 04, 2026 |
| Anchor Investors List | |
| Shares Offered | 12,92,400 Shares |
| Anchor Size | 14.99 Cr. |
| lock-in period end date 50% shares (30 Days) | July 30, 2026 |
| lock-in period end date 50% shares (90 Days) | Sep 28, 2026 |
| IPO Open Date: | June 5, 2026 |
| IPO Close Date: | June 9, 2026 |
| Basis of Allotment: | June 10, 2026 |
| Refunds: | June 11, 2026 |
| Credit to Demat Account: | June 11, 2026 |
| IPO Listing Date: | June 12, 2026 |
| IPO Bidding Cut-off Time: | June 9, 2026 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,32,15,610 | 90.28% |
| Promoter Holding Post Issue | 1,79,43,610 | 66.49% |
| Purpose | Crores |
| Funding working capital requirements of the Company | ₹7.20 |
| Repayment and / or prepayment in part or full of its outstanding borrowings | ₹3.00 |
| Capital expenditure to meet expenses for development of new products | ₹28.37 |
| General Corporate Purpose | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹16.61 | ₹15.46 | ₹0.84 | ₹6.75 |
| 2024 | ₹24.21 | ₹20.66 | ₹2.65 | ₹11.33 |
| 2025 | ₹28.88 | ₹19.98 | ₹6.55 | ₹23.61 |
| Dec 2025 | ₹64.47 | ₹47.39 | ₹13.31 | ₹72.79 |
| KPI | Values |
| ROE: | 85.49% |
| ROCE: | 70.26% |
| EBITDA Margin: | 35.14% |
| PAT Margin: | 23.16% |
| Debt to equity ratio: | 0.66 |
| Earning Per Share (EPS): | ₹5.01 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 85.49% |
| Net Asset Value (NAV): | ₹8.36 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| AION-Tech Solutions Ltd. | 2.86 | 14.25 | 12.16% | 27.72 | 88.90 Cr. |
| Latent view Analytics Limited | 8.45 | 34.97 | 12.07% | 72.65 | 847.84 Cr. |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |